Canada: Consumer credit

* indicates monthly or quarterly data series
The most recent value is 788.14 billion Canadian Dollar as of March 2025, an increase compared to the previous value of 785.73 billion Canadian Dollar. Historically, the average for Canada from January 1969 to March 2025 is 291.16 billion Canadian Dollar. The minimum of 9.65 billion Canadian Dollar was recorded in January 1969, while the maximum of 793.4 billion Canadian Dollar was reached in December 2024. Click on the following link to see the values of: Consumer credit around the world.
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* indicates monthly or quarterly data series

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Recent values Canada: Consumer credit, billion currency units
2025  Mar 788.14
2025  Feb 785.73
2025  Jan 784.88
2024  Dec 793.4
2024  Nov 788.71
2024  Oct 785.68
2024  Sep 783.53
2024  Aug 778.57


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Definition: Loans provided by commercial banks to households and individuals for the purchase of goods and services, excluding real estate. In billion local currency units.

 Related indicators Latest Reference Measure
 Inflation 3.9 2023 percent
 Exchange rate regimes 7 2022 index points
 USD exchange rate 1.3680 6/2025 Local Currency Units per USD
 Money supply (broad money) 2,695.50 3/2025 billion
 Consumer Price Index (CPI) 163.4000 4/2025 index points
 Inflation, monthly -0.06 4/2025 percent
 Inflation, annual 1.74 4/2025 percent
 Private sector credit 6,560.71 3/2025 billion
 Business credit 3,512.26 3/2025 billion
 Household credit 3,048.45 3/2025 billion
 Mortgage credit 2,260.31 3/2025 billion
 Consumer credit 788.14 3/2025 billion
 Business credit interest rate 5.10 3/2025 percent
 Mortgage credit interest rate 4.39 3/2025 percent
 Policy rate 2.75 5/2025 percent
 Household debt to GDP 100.00 12/2024 percent
 Debt service ratios for private non-financial sector 25.10 Q4/2024 percent
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