Canada Domestic Credit Growth
Key information about Canada Domestic Credit Growth
- Canada Domestic Credit increased 3.9 % YoY in Dec 2024, compared with an increase of 3.8 % YoY in the previous month
- Canada Domestic Credit Growth YoY data is updated monthly
- It averaged 7.4 %, available from Jan 1970 to Dec 2024
- The data reached an all-time high of 19.6 % in Aug 1981 and a record low of 1.3 % in Jun 2003
CEIC calculates Domestic Credit Growth from monthly Domestic Credit. Domestic Credit is calculated as the sum of Private Non-Financial Corporations and Household sectors. Statistics Canada provides Domestic Credit in local currency. Domestic Credit Growth prior to January 1991 is sourced from the Bank of Canada.
Further information about Canada Domestic Credit Growth
- In the latest reports, Canada Domestic Credit reached 4,531.7 USD bn in Dec 2024
- Money Supply M2 in Canada increased to 1,873.3 USD bn YoY in Nov 2024
- Canada Foreign Exchange Reserves was measured at 90.2 USD bn in Jan 2025
- The Foreign Exchange Reserves equaled 2.0 Months of Import in Dec 2024
- The country's Non Performing Loans Ratio stood at 0.6 % in Sep 2024, compared with the ratio of 0.5 % in the previous quarter
- Household Debt of Canada reached 99.2 % in Sep 2024, accounting for 99.2 % of the country's Nominal GDP
View Canada's Domestic Credit Growth from Jan 1970 to Dec 2024 in the chart:
What was Canada's Domestic Credit Growth in Dec 2024?
Canada Domestic Credit increased 3.9 % YoY in Dec 2024, compared with an increase of 3.8 % YoY in the previous month See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
3.9 Dec 2024 | 3.8 Nov 2024 | 1.3 Jun 2003 | 19.6 Aug 1981 | % | monthly | Jan 1970 - Dec 2024 |
Domestic Credit Growth by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 10.7 Jan 2025 | monthly | Dec 2003 - Jan 2025 |
Algeria (%) | 13.6 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
Argentina (%) | 50.1 Dec 2024 | monthly | Jan 1991 - Dec 2024 |
Armenia (%) | 23.6 Dec 2024 | monthly | Dec 1994 - Dec 2024 |
Australia (%) | 2.7 Jan 2025 | monthly | Dec 2002 - Jan 2025 |
Austria (%) | -0.1 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
Azerbaijan (%) | -0.7 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
Bahrain (%) | 6.4 Nov 2024 | monthly | Sep 1992 - Nov 2024 |
Bangladesh (%) | 9.1 Jan 2025 | monthly | Jul 1988 - Jan 2025 |
Belarus (%) | 13.8 Dec 2024 | monthly | Dec 2007 - Dec 2024 |
Belgium (%) | 1.2 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
Bolivia (%) | 6.3 Oct 2023 | monthly | Dec 2002 - Oct 2023 |
Bosnia and Herzegovina (%) | 11.8 Jan 2025 | monthly | Aug 1998 - Jan 2025 |
Botswana (%) | 27.4 Sep 2024 | quarterly | Dec 2005 - Sep 2024 |
Brazil (%) | 6.8 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
Brunei (%) | 4.7 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
Bulgaria (%) | 18.4 Jan 2025 | monthly | Dec 1994 - Jan 2025 |
Cambodia (%) | 2.0 Jan 2025 | monthly | Dec 1995 - Jan 2025 |
Canada (%) | 3.9 Dec 2024 | monthly | Jan 1970 - Dec 2024 |
Chile (%) | 4.7 Jan 2025 | monthly | Dec 1979 - Jan 2025 |
China (%) | 7.9 Jan 2025 | monthly | Jun 2000 - Jan 2025 |
Colombia (%) | 6.3 Jul 2024 | monthly | Jan 1994 - Jul 2024 |
Croatia (%) | 5.9 Dec 2022 | monthly | Jun 1995 - Dec 2022 |
Cyprus (%) | -0.7 Jan 2025 | monthly | Nov 2006 - Jan 2025 |
Czech Republic (%) | 6.8 Jan 2025 | monthly | Jan 2003 - Jan 2025 |
Denmark (%) | -8.3 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
Ecuador (%) | 5.8 Jan 2025 | monthly | Jan 2007 - Jan 2025 |
Egypt (%) | 35.7 Jan 2025 | monthly | Jan 1997 - Jan 2025 |
Estonia (%) | 9.6 Dec 2024 | monthly | Jun 1993 - Dec 2024 |
European Union (%) | 2.7 Dec 2024 | monthly | Sep 1998 - Dec 2024 |
Finland (%) | -1.5 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
France (%) | 1.9 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
Georgia (%) | 24.2 Jan 2025 | monthly | Oct 1996 - Jan 2025 |
Germany (%) | 4.8 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
Ghana (%) | 18.8 Nov 2024 | monthly | Jan 1968 - Nov 2024 |
Greece (%) | 2.5 Dec 2024 | monthly | Jan 2002 - Dec 2024 |
Hong Kong SAR, China (%) | 0.7 Dec 2024 | monthly | Dec 1991 - Dec 2024 |
Hungary (%) | 13.1 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
Iceland (%) | 9.4 Jan 2025 | monthly | Sep 1994 - Jan 2025 |
India (%) | 11.1 Dec 2024 | monthly | Mar 2000 - Dec 2024 |
Indonesia (%) | 6.6 Jan 2025 | monthly | Jan 2005 - Jan 2025 |
Iran (%) | 25.8 Feb 2017 | monthly | Jan 1965 - Feb 2017 |
Ireland (%) | 2.5 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
Israel (%) | 12.9 Nov 2024 | monthly | Dec 2000 - Nov 2024 |
Italy (%) | 2.3 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
Ivory Coast (%) | 12.4 Dec 2024 | monthly | Jan 1965 - Dec 2024 |
Japan (%) | 0.5 Jan 2025 | monthly | Apr 2004 - Jan 2025 |
Jordan (%) | 3.0 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
Kazakhstan (%) | 15.9 Feb 2025 | monthly | Dec 2002 - Feb 2025 |
Kenya (%) | 3.3 Dec 2024 | monthly | Dec 1996 - Dec 2024 |
South Korea (%) | 5.7 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
Kosovo (%) | 18.2 Jan 2025 | monthly | Nov 2008 - Jan 2025 |
Kuwait (%) | 5.0 Jan 2025 | monthly | Jan 1995 - Jan 2025 |
Kyrgyzstan (%) | 47.2 Dec 2024 | monthly | Dec 2003 - Dec 2024 |
Laos (%) | 21.3 Sep 2024 | quarterly | Dec 1992 - Sep 2024 |
Latvia (%) | -4.9 Dec 2024 | monthly | Jul 2004 - Dec 2024 |
Lebanon (%) | 2.2 Jan 2018 | monthly | Mar 1966 - Jan 2018 |
Lithuania (%) | 8.4 Dec 2024 | monthly | Dec 1994 - Dec 2024 |
Luxembourg (%) | 2.9 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
Macau SAR, China (%) | -11.1 Nov 2024 | monthly | Jun 1985 - Nov 2024 |
North Macedonia (%) | 9.8 Jan 2025 | monthly | Jan 2004 - Jan 2025 |
Malawi (%) | 38.2 Jan 2025 | monthly | Jan 1976 - Jan 2025 |
Malaysia (%) | 4.3 Jan 2025 | monthly | Jan 1988 - Jan 2025 |
Malta (%) | 8.4 Jan 2025 | monthly | Jan 2009 - Jan 2025 |
Mauritius (%) | 14.3 Jan 2025 | monthly | Jun 2006 - Jan 2025 |
Mexico (%) | 14.8 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
Moldova (%) | 21.9 Jan 2025 | monthly | Jan 2001 - Jan 2025 |
Mongolia (%) | 24.7 Jan 2025 | monthly | Dec 1993 - Jan 2025 |
Montenegro (%) | 4.2 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
Morocco (%) | 7.3 Jan 2025 | monthly | Dec 2002 - Jan 2025 |
Mozambique (%) | 21.5 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
Myanmar (%) | 16.4 Jan 2021 | monthly | Dec 2002 - Jan 2021 |
Nepal (%) | 4.3 Feb 2025 | monthly | Jan 2002 - Feb 2025 |
Netherlands (%) | -1.7 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
New Zealand (%) | 2.0 Jan 2025 | monthly | Mar 1989 - Jan 2025 |
Nigeria (%) | -0.6 Jan 2025 | monthly | Nov 1993 - Jan 2025 |
Norway (%) | 3.7 Jan 2025 | monthly | Dec 1986 - Jan 2025 |
Oman (%) | 6.0 Dec 2024 | monthly | Dec 2000 - Dec 2024 |
Pakistan (%) | 14.2 Jan 2025 | monthly | Jun 2009 - Jan 2025 |
Palestinian Territory (%) | 2.3 Jan 2025 | monthly | Dec 1999 - Jan 2025 |
Panama (%) | 4.9 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
Paraguay (%) | 16.7 Oct 2024 | monthly | Dec 2002 - Oct 2024 |
Peru (%) | 2.8 Dec 2024 | monthly | Jan 1993 - Dec 2024 |
Philippines (%) | 10.9 Jan 2025 | monthly | Dec 2002 - Jan 2025 |
Poland (%) | 5.8 Jan 2025 | monthly | Dec 1997 - Jan 2025 |
Portugal (%) | 0.3 Aug 2019 | monthly | Dec 2001 - Aug 2019 |
Qatar (%) | 4.3 Jan 2025 | monthly | Jan 2008 - Jan 2025 |
Romania (%) | 15.1 Dec 2024 | monthly | Dec 2005 - Dec 2024 |
Russia (%) | 19.1 Jan 2025 | monthly | Dec 2001 - Jan 2025 |
Saudi Arabia (%) | 21.6 Dec 2017 | quarterly | Mar 1969 - Dec 2017 |
Serbia (%) | 10.7 Jan 2025 | monthly | Dec 2004 - Jan 2025 |
Singapore (%) | 6.1 Jan 2025 | monthly | Mar 2005 - Jan 2025 |
Slovakia (%) | 1.0 Dec 2024 | monthly | Jan 2007 - Dec 2024 |
Slovenia (%) | 4.2 Dec 2024 | monthly | Jan 2005 - Dec 2024 |
South Africa (%) | 6.2 Jan 2025 | monthly | Mar 1966 - Jan 2025 |
Spain (%) | 0.2 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
Sri Lanka (%) | 4.3 Jan 2025 | monthly | Jan 1997 - Jan 2025 |
Sudan (%) | 82.5 Dec 2022 | quarterly | Mar 2003 - Dec 2022 |
Sweden (%) | -2.4 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
Switzerland (%) | 2.6 Jan 2025 | monthly | Dec 1988 - Jan 2025 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doCanada Key Series
Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -1.6 Dec 2024 | quarterly | Jun 1993 - Dec 2024 |
Consolidated Fiscal Balance (USD mn) | 703.306 Dec 2024 | monthly | May 1992 - Dec 2024 |
Tax Revenue (USD mn) | 26,706.675 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
Tax Revenue: % of GDP (%) | 13.0 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
National Government Debt (USD mn) | 1,519,779.9 2024 | yearly | 1962 - 2024 |
Government Debt: % of GDP (%) | 69.4 2024 | yearly | 1962 - 2024 |
Forecast: Government Expenditure (CAD bn) | 1,546.047 2029 | yearly | 1980 - 2029 |
Forecast: Government Net Debt (CAD bn) | 3,127.329 2028 | yearly | 1980 - 2028 |
Forecast: Government Revenue (CAD bn) | 1,523.743 2029 | yearly | 1980 - 2029 |
Budgetary Balance: Deficit or Surplus (CAD mn) | 1,002.000 Dec 2024 | monthly | May 1992 - Dec 2024 |
Budgetary Revenue: TR: Excise Taxes & Duties (CAD mn) | 6,472.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
Budgetary Revenue (CAD mn) | 44,335.000 Dec 2024 | monthly | May 1992 - Dec 2024 |
Budgetary Expense (CAD mn) | -43,333.000 Dec 2024 | monthly | May 1992 - Dec 2024 |
Budgetary Revenue: Tax Revenues (TR) (CAD mn) | 38,049.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
FIN Forecast: Budgetary Revenue (CAD mn) | 612,800.000 2030 | yearly | 1996 - 2030 |
FIN Forecast: Budgetary Expense (CAD mn) | 643,700.000 2030 | yearly | 1996 - 2030 |
FIN Forecast: Budgetary Balance (CAD mn) | -23,000.000 2030 | yearly | 1996 - 2030 |
FIN Forecast: Budgetary Revenue: Tax: Excise Taxes & Duties (ET) (CAD mn) | 84,700.000 2030 | yearly | 2000 - 2030 |
Net Financing Activities (CAD mn) | 18,326.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
FIN Forecast: Federal Debt (CAD mn) | 1,435,700.000 2030 | yearly | 1997 - 2030 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 3.003 2029 | yearly | 1980 - 2029 |
Trade Balance (USD mn) | 2,760.8 Jan 2025 | monthly | Jan 1988 - Jan 2025 |
Total Exports (USD mn) | 51,751.0 Jan 2025 | monthly | Jan 1988 - Jan 2025 |
Total Exports Growth (%) | 20.3 Jan 2025 | monthly | Jan 1989 - Jan 2025 |
Aluminum: Exports (USD th) | 10,038,642.351 2023 | yearly | 1995 - 2023 |
Exports: Medicament (USD th) | 8,523,307.384 2023 | yearly | 1995 - 2023 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 1,163,157.014 2023 | yearly | 1995 - 2023 |
Total Imports (USD mn) | 48,990.2 Jan 2025 | monthly | Jan 1988 - Jan 2025 |
Total Imports Growth (%) | 14.1 Jan 2025 | monthly | Jan 1989 - Jan 2025 |
Imports: Medicament (USD th) | 11,834,156.934 2023 | yearly | 1995 - 2023 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 7,945,480.562 2023 | yearly | 1995 - 2023 |
Total Exports to USA (USD mn) | 40,444.298 Jan 2025 | monthly | Jan 1988 - Jan 2025 |
Total Imports from USA (USD mn) | 30,440.336 Jan 2025 | monthly | Jan 1997 - Jan 2025 |
Total Exports to China (USD mn) | 2,133.435 Jan 2025 | monthly | Jan 1997 - Jan 2025 |
Total Imports from China (USD mn) | 3,731.323 Jan 2025 | monthly | Jan 1997 - Jan 2025 |
Coal Exports (kton) | 2,125.000 Nov 2024 | monthly | Jan 1977 - Nov 2024 |
Imports: Value: HS: Photosensitive Semiconductor Devices, Photovoltaic Cells ass... (CAD th) | 4,954.608 Dec 2024 | monthly | Jan 2022 - Dec 2024 |
Imports: Value: HS: Photosensitive Semiconductor Devices, Light Emitting Diodes ... (CAD th) | 9,394.499 Dec 2024 | monthly | Jan 2022 - Dec 2024 |
Import Value (Val): HS: Iron and Steel (IS) (CAD th) | 844,825.938 Jan 2025 | monthly | Jan 1988 - Jan 2025 |
Export Value Index (2015=100) | 123.790 2021 | yearly | 1995 - 2021 |
Import Value Index (2015=100) | 117.179 2021 | yearly | 1995 - 2021 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 0.6 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
Household Debt: % of GDP (%) | 99.0 Dec 2024 | quarterly | Mar 1969 - Dec 2024 |
Money Supply M1 (USD mn) | 1,118,688.194 Dec 2024 | monthly | Mar 1975 - Dec 2024 |
Money Supply M2 (USD mn) | 1,832,025.000 Dec 2024 | monthly | Jan 1968 - Dec 2024 |
M2 Growth (%) | 6.1 Dec 2024 | monthly | Jan 1969 - Dec 2024 |
Foreign Exchange Reserves (USD mn) | 91,801.0 Feb 2025 | monthly | Jun 1999 - Feb 2025 |
Foreign Exchange Reserves: % of GDP (%) | 4.192 Dec 2024 | quarterly | Jun 1999 - Dec 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 2.0 Jan 2025 | monthly | Jun 1999 - Jan 2025 |
Gold Reserves (USD mn) | 0.000 Feb 2025 | monthly | Dec 1956 - Feb 2025 |
Total Deposits (USD mn) | 4,370,496.703 Dec 2024 | monthly | Jan 2009 - Dec 2024 |
Total Deposits Growth (%) | 6.1 Dec 2024 | monthly | Jan 2010 - Dec 2024 |
Domestic Credit (USD mn) | 4,531,668.1 Dec 2024 | monthly | Jan 1969 - Dec 2024 |
Domestic Credit Growth (%) | 3.9 Dec 2024 | monthly | Jan 1970 - Dec 2024 |
Debt Service Ratio: Households (%) | 14.400 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
Debt Service Ratio: Private Non-Financial Sector (%) | 25.200 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
Credit to Households (USD bn) | 2,245.143 Sep 2024 | quarterly | Mar 1969 - Sep 2024 |
Credit to Private Non-Financial Sector (USD bn) | 4,889.449 Sep 2024 | quarterly | Mar 1954 - Sep 2024 |
Household Debt (USD mn) | 2,110,945.1 Dec 2024 | monthly | Jan 1969 - Dec 2024 |
Total Loans (USD mn) | 3,076,370.833 Dec 2024 | monthly | Jan 1969 - Dec 2024 |
Total Loans Growth (%) | 3.38 Dec 2024 | monthly | Jan 1970 - Dec 2024 |
Private Debt: % of Nominal GDP (%) | 212.62 Dec 2024 | quarterly | Mar 1969 - Dec 2024 |
Money Supply: M3: Gross: sa (CAD mn) | 3,800,470.000 Dec 2024 | monthly | Jan 1970 - Dec 2024 |
Money Supply: M1+: Gross: sa (CAD mn) | 1,610,911.000 Dec 2024 | monthly | Mar 1975 - Dec 2024 |
Money Supply: M3: Gross (CAD mn) | 3,817,749.000 Dec 2024 | monthly | Jan 1970 - Dec 2024 |
Money Supply: M2+: M2: Gross (CAD mn) | 2,648,681.000 Dec 2024 | monthly | Jan 1968 - Dec 2024 |
Money Supply: M1+: Gross (CAD mn) | 1,623,406.000 Dec 2024 | monthly | Mar 1975 - Dec 2024 |
Money Supply: M2+: M2: Gross: sa (CAD mn) | 2,638,116.000 Dec 2024 | monthly | Jan 1968 - Dec 2024 |
Official International Reserves (USD mn) | 119,595.000 Feb 2025 | monthly | Dec 1994 - Feb 2025 |
Official International Reserves: Gold (USD mn) | 0.000 Feb 2025 | monthly | Dec 1994 - Feb 2025 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Business Confidence Growth (% Point) | 2.8 Feb 2025 | monthly | Dec 2001 - Feb 2025 |
Purchasing Manager Index: Seasonally Adjusted (NA) | 55.300 Feb 2025 | monthly | Dec 2000 - Feb 2025 |
More Indicators for Canada
Request a demo of CEIC
CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.