Net domestic credit in Canada
Canada: Net domestic credit was 2.85 trillion current LCU in 2008. ◆ Volatile
Net domestic credit in Canada, 1960–2008
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2008, net domestic credit in Canada stood at 2.85 trillion current LCU. That is the highest value across all 49 years on record.
Compared with earlier readings it is up 20.8% on the previous year and up 228.7% over ten years.
Over the whole period, net domestic credit in Canada peaked at 2.85 trillion current LCU in 2008 and was at its lowest, 11.22 billion current LCU, in 1960.
That places Canada 70th out of 186 countries with data for 2008, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 21.41 billion current LCU | 11.22 billion current LCU | 39.05 billion current LCU | 10 |
| 1970s | 96.39 billion current LCU | 42.62 billion current LCU | 185.63 billion current LCU | 10 |
| 1980s | 354.35 billion current LCU | 209.50 billion current LCU | 521.50 billion current LCU | 10 |
| 1990s | 735.23 billion current LCU | 565.09 billion current LCU | 893.55 billion current LCU | 10 |
| 2000s | 1.97 trillion current LCU | 951.46 billion current LCU | 2.85 trillion current LCU | 9 |
Countries ranked near Canada
More financial sector data for Canada
- Domestic credit to private sector 124.1% (2008)
- Claims on central government, etc. 15.4% (2008)
- Broad money 122.6% (2008)
- Monetary Sector credit to private sector 124.1% (2008)
- Net foreign assets 11.25 billion current LCU (2008)
- Total reserves in months of imports 1.6 (2025)
- Net migration 326,204 (2025)
- Domestic credit to private sector by banks 124.1% (2008)
- Official exchange rate 1.4 LCU per US$, period average (2025)
- Claims on central government 4.6% (2008)
Frequently asked questions
- What is net domestic credit in Canada?
- Net domestic credit in Canada was 2.85 trillion current LCU in 2008, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net domestic credit recorded in Canada?
- The highest recorded value was 2.85 trillion current LCU in 2008.
- What is the lowest net domestic credit recorded in Canada?
- The lowest recorded value was 11.22 billion current LCU in 1960.
- How does Canada rank for net domestic credit?
- Canada ranks 70th out of 186 countries with data for 2008.
- Is net domestic credit rising or falling in Canada?
- Over the last ten years it is up 228.7%. The long-run trend across the full record is volatile.
- Where does this Canada data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Net domestic credit (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.