Private Credit-to-GDP Gap (Quarterly): Canada

The latest reading SOTW holds for Canada is -15.27 percentage points of GDP for 2026-Q1, from Bank for International Settlements.

Reviewed series · Credit & Debt · Quarterly · percentage points of GDP · BIS.CREDIT.GAP.Q · CAN

Published private credit-to-GDP ratio minus its one-sided Hodrick-Prescott-filtered long-run trend. Displayed in percentage points of GDP, not a percentage growth rate. BIS gaps can differ from national authorities' countercyclical-buffer gaps. This statistical measure alone is not a crisis prediction or investment recommendation. BIS statistics are freely sourced and their inclusion must not result in any additional charge to users. BIS attribution is required; resale is not permitted by SOTW's rights policy. Collection time is not the original publication timestamp. Source dimensions, unit multipliers, confidentiality and observation flags are retained. Terms: https://data.bis.org/help/legal

This is a reviewed series. Open it in the interactive economic data explorer to choose dates, compare countries and see its source evidence and recorded history.

Latest
-15.27
percentage points of GDP · 2026-Q1
Previous
-15.28
percentage points of GDP · 2025-Q4
Earliest held
-4.75
percentage points of GDP · 2000-Q1
Readings shown
105
Every reading SOTW holds

Canada · history

percentage points of GDP · Quarterly

Source: Bank for International Settlements. Viewer read 2026-11-12T03:24:19.949Z (UTC); publisher acquisition and release times are not supplied here. Original units; no interpolation, rebasing or conversion. Missing periods and stored U/B flags interrupt the line. Daily gaps can include non-business days.

Readings, newest first

Private Credit-to-GDP Gap (Quarterly): Canada: 105 readings, newest first. Source: Bank for International Settlements.
PeriodValue (percentage points of GDP)
2026-Q1-15.27
2025-Q4-15.28
2025-Q3-15.71
2025-Q2-16.46
2025-Q1-16.42
2024-Q4-15.49
2024-Q3-14.79
2024-Q2-15.63
2024-Q1-15.92
2023-Q4-13.79
2023-Q3-14.48
2023-Q2-14.96
2023-Q1-16.40
2022-Q4-17.27
2022-Q3-15.10
2022-Q2-12.43
2022-Q1-5.80
2021-Q4-0.58
2021-Q34.83
2021-Q29.05
2021-Q116.76
2020-Q420.06
2020-Q319.32
2020-Q217.14
2020-Q17.70
2019-Q44.58
2019-Q35.96
2019-Q25.86
2019-Q14.58
2018-Q44.87
2018-Q35.21
2018-Q27.23
2018-Q16.42
2017-Q47.54
2017-Q38.99
2017-Q211.04
2017-Q112.78
2016-Q413.57
2016-Q315.81
2016-Q215.24
2016-Q113.24
2015-Q415.48
2015-Q314.35
2015-Q212.06
2015-Q111.14
2014-Q46.38
2014-Q37.41
2014-Q26.77
2014-Q17.44
2013-Q46.88
2013-Q37.80
2013-Q28.05
2013-Q16.90
2012-Q45.74
2012-Q35.61
2012-Q24.54
2012-Q13.63
2011-Q43.97
2011-Q36.95
2011-Q26.61
2011-Q17.59
2010-Q48.14
2010-Q310.10
2010-Q212.48
2010-Q113.52
2009-Q416.01
2009-Q315.91
2009-Q212.25
2009-Q17.63
2008-Q44.91
2008-Q32.45
2008-Q22.68
2008-Q14.27
2007-Q41.81
2007-Q31.71
2007-Q20.64
2007-Q10.90
2006-Q4-4.05
2006-Q3-6.08
2006-Q2-8.18
2006-Q1-8.14
2005-Q4-8.41
2005-Q3-6.21
2005-Q2-5.21
2005-Q1-6.76
2004-Q4-4.07
2004-Q3-3.86
2004-Q2-2.90
2004-Q1-2.22
2003-Q4-5.02
2003-Q3-4.64
2003-Q2-3.97
2003-Q1-3.83
2002-Q4-0.71
2002-Q30.82
2002-Q20.53
2002-Q1-0.01
2001-Q4-2.80
2001-Q3-3.46
2001-Q2-6.06
2001-Q1-5.84
2000-Q4-8.42
2000-Q3-6.68
2000-Q2-5.88
2000-Q1-4.75

Source: Bank for International Settlements. All 105 readings held, 2000-Q1 to 2026-Q1. n/a means the source value is missing or withheld.

More

Source: Bank for International Settlements (BIS), Credit-to-GDP gaps, https://data.bis.org/topics/CREDIT_GAPS. BIS statistics provided free of any additional charge; no BIS endorsement or affiliation is implied.

Licence: bis-terms-no-charge. Available for public reading; resale has not been cleared. Publisher page: https://data.bis.org/topics/CREDIT_GAPS