Consumer loans as a share of GDP rose 2.67% to 30.7% in Canada in 2017, according to the National Central Bank.
Historically, consumer loans as a share of GDP in Canada reached an all time high of 36.8% in 2009 and an all time low of 23.1% in 1995.
Canada has been ranked 3rd within the group of 39 countries we follow in terms of consumer loans as a share of GDP.
Consumer Loans (As % of GDP) | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
Australia | % | 21.5% | 23.4% | 23.9% | 22.0% | 22.8% | ||||||||||||||||
Belgium | % | 4.57% | 5.11% | 6.86% | 6.48% | 6.40% | ||||||||||||||||
Belize | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Canada | % | 29.9% | 30.7% | 45.5% | 45.0% | 46.9% | ||||||||||||||||
China | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
France | % | 11.1% | 12.5% | 16.5% | 17.0% | 17.4% | ||||||||||||||||
Germany | % | 16.9% | 17.3% | 19.5% | 18.6% | 19.3% | ||||||||||||||||
Guatemala | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Honduras | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Indonesia | % | ... | ... | ... | ... | ... | ... | ... | ... | 14.6% | 14.1% | ... | ... | ... | ... | ... | ||||||
Ireland | % | ... | 27.3% | 26.3% | 5.01% | 2.18% | 2.96% | |||||||||||||||
Japan | % | 23.6% | 23.9% | 24.1% | 24.1% | 26.7% | ||||||||||||||||
Malaysia | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||||||||
Mexico | % | 48.1% | 45.1% | 40.3% | 38.6% | 39.5% | ... | ... | ||||||||||||||
New Zealand | % | 11.5% | 11.2% | 10.8% | 10.3% | 9.59% | ... | ... | ||||||||||||||
Papua New Guinea | % | ... | ... | ... | ... | ... | ... | 193% | 182% | 149% | 149% | 178% | ||||||||||
USA | % | 60.4% | 60.3% | 59.1% | 59.0% | 62.8% | ||||||||||||||||
United Kingdom | % | -37.6% | -36.9% | -40.6% | -42.0% | -46.5% |