Canada: Household credit

* indicates monthly or quarterly data series
 Canada

Household credit, billion currency units

 Latest value 2334.13
 Reference September 2020
 Measure billion Canadian Dollar
 Data availability January 1969 - September 2020
 Average 701.25
 Min - Max 24.28 - 2334.13
 Source Bank of Canada
For that indicator, we provide data for Canada from January 1969 to September 2020. The average value for Canada during that period was 701.25 billion Canadian Dollar with a minimum of 24.28 billion Canadian Dollar in January 1969 and a maximum of 2334.13 billion Canadian Dollar in September 2020. Click on the following link to see the values of Household credit, billion currency units around the world.
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* indicates monthly or quarterly data series


Recent values chart
Canada - Household credit - recent values

Historical chart
Canada - Household credit - historical chart - 1969-2020
Measure: billion Canadian Dollar
Source: Bank of Canada


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Definition: Household credit includes credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to households. Included are all credit institutions: domestic and foreign owned as well as private and public ones.

 Related indicators Latest value Reference Measure
 Inflation 6.8 2022 percent
 Money supply (broad money) 2,449.75 9/2023 billion
 Consumer Price Index (CPI) 158.5000 9/2023 index points
 Inflation, monthly -0.13 9/2023 percent
 Inflation, annual 3.80 9/2023 percent
 Private sector credit 4,638.28 9/2020 billion
 Business credit 2,304.15 9/2020 billion
 Household credit 2,334.13 9/2020 billion
 Mortgage credit 1,707.88 9/2020 billion
 Consumer credit 626.25 9/2020 billion
 Business credit interest rate 6.25 9/2023 percent
 Mortgage credit interest rate 4.63 9/2023 percent
 Policy rate 5.00 9/2023 percent
 Household debt to GDP 102.40 9/2023 percent
 Debt service ratios for private non-financial sector 24.30 Q3/2023 percent
 USD exchange rate 1.3548 9/2023 Local Currency Units per USD
 Exchange rate regimes 7 2021 index points
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