Canada Domestic Credit
Domestic credit provided by financial sector as % of GDP FS.AST.DOMS.GD.ZS
Canada's domestic credit was 212.84% in 2006, ranked 28th globally. This represents a 8.7% increase from 2005. Data from World Bank, covering 1974–2006.
Overview
Canada's domestic credit stood at 212.84% in 2006, a rise of +16.95% from 2005. Canada ranked 28th globally.
Canada's domestic credit has demonstrated a marked increase over the past three decades. Beginning at 56.00 in 1974, the indicator rose steadily to reach its all-time peak of 212.84 in 2006, ranking 28th globally. During this period, Canada's domestic credit growth outpaced that of Fiji, which ranked 34th, but trailed behind the United States, which ranked 22nd. Compared to South Africa, which ranked 13th with a domestic credit value of 170.53, Canada's growth was significantly higher. The steady increase in domestic credit from 1974 to 2006 suggests a growing reliance on debt financing within the Canadian economy. However, a shift in monetary policy or changes in the global economic landscape could alter this trajectory, potentially leading to a decline in domestic credit growth.
Data & projection
| Year | Domestic Credit | YoY change | Rank |
|---|---|---|---|
| 2006 | 212.84% | +16.95% | #28 |
| 2005 | 195.89% | +7.98% | #27 |
| 2004 | 187.91% | +2.25% | #25 |
| 2003 | 185.66% | −5.97% | #23 |
| 2002 | 191.63% | −5.57% | #23 |
| 2001 | 197.19% | +86.50% | #22 |
| 2000 | 110.69% | −3.26% | #12 |
| 1999 | 113.95% | −1.60% | #12 |
| 1998 | 115.55% | −1.55% | #11 |
| 1997 | 117.09% | +1.91% | #12 |
| 1996 | 115.19% | +4.54% | #10 |
| 1995 | 110.65% | −0.92% | #10 |
| 1994 | 111.57% | −0.48% | #10 |
| 1993 | 112.05% | +1.29% | #10 |
| 1992 | 110.76% | +4.33% | #11 |
Detected Pattern
Analysis
Canada matched the Export Boom Cycle pattern in 2007. Historically, 71% of countries showing this pattern (546 out of 768) saw domestic credit improve within 24 months. View full analysis →
Frequently Asked Questions
Canada's domestic credit was 212.84% in 2006. Ranked 28th globally. This represents a 8.7% increase from the previous year.
Canada's domestic credit peaked at 212.84% in 2006.
The lowest domestic credit in Canada was 56.00% in 1974.
Canada ranks 28th globally in domestic credit as of 2006.
The World Bank indicator code is FS.AST.DOMS.GD.ZS. Data sourced from World Bank.
The domestic credit of Canada in 2006 was 212.84%. This ranks 28th in the world.
Cite this page
@misc{historysaid_canada_domestic-credit,
title = {Canada Domestic Credit},
url = {https://historysaid.com/canada/domestic-credit/},
publisher = {HistorySaid},
year = {2026}
}