Canada: Domestic credit to the private sector

The latest value from 2008 is 124.1 percent, an increase from 123.53 percent in 2007. In comparison, the world average is 52.32 percent, based on data from 161 countries. Historically, the average for Canada from 1960 to 2008 is 64.12 percent. The minimum value, 18.29 percent, was reached in 1961 while the maximum of 134.12 percent was recorded in 2006. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.