Canada: Household credit
* indicates monthly or quarterly data series
The most recent value is 2334.13 billion Canadian Dollar as of September 2020, an increase compared to the previous value of 2315.38 billion Canadian Dollar. Historically, the average for Canada from January 1969 to September 2020 is 701.25 billion Canadian Dollar. The minimum of 24.28 billion Canadian Dollar was recorded in January 1969, while the maximum of 2334.13 billion Canadian Dollar was reached in September 2020.
Click on the following link to see the values of: Household credit around the world.
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* indicates monthly or quarterly data series
- Measure: billion Canadian Dollar
- Source: Bank of Canada
| Recent values | Canada: Household credit, billion currency units |
|---|---|
| 2020 Sep | 2334.13 |
| 2020 Aug | 2315.38 |
| 2020 Jul | 2303.13 |
| 2020 Jun | 2293.38 |
| 2020 May | 2286.3 |
| 2020 Apr | 2286.74 |
| 2020 Mar | 2290.52 |
| 2020 Feb | 2282.05 |
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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 | Reference | Measure |
|---|---|---|---|
| Inflation | 3.9 | 2023 | percent |
| Exchange rate regimes | 7 | 2021 | index points |
| USD exchange rate | 1.3548 | 9/2024 | Local Currency Units per USD |
| Money supply (broad money) | 2,571.14 | 6/2024 | billion |
| Consumer Price Index (CPI) | 161.8000 | 8/2024 | index points |
| Inflation, monthly | -0.19 | 8/2024 | percent |
| Inflation, annual | 1.95 | 8/2024 | 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 | 6.42 | 6/2024 | percent |
| Mortgage credit interest rate | 4.85 | 6/2024 | percent |
| Policy rate | 4.25 | 9/2024 | percent |
| Household debt to GDP | 101.40 | 3/2024 | percent |
| Debt service ratios for private non-financial sector | 24.70 | Q1/2024 | percent |