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
Readings, newest first
| Period | Value (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-Q3 | 4.83 |
| 2021-Q2 | 9.05 |
| 2021-Q1 | 16.76 |
| 2020-Q4 | 20.06 |
| 2020-Q3 | 19.32 |
| 2020-Q2 | 17.14 |
| 2020-Q1 | 7.70 |
| 2019-Q4 | 4.58 |
| 2019-Q3 | 5.96 |
| 2019-Q2 | 5.86 |
| 2019-Q1 | 4.58 |
| 2018-Q4 | 4.87 |
| 2018-Q3 | 5.21 |
| 2018-Q2 | 7.23 |
| 2018-Q1 | 6.42 |
| 2017-Q4 | 7.54 |
| 2017-Q3 | 8.99 |
| 2017-Q2 | 11.04 |
| 2017-Q1 | 12.78 |
| 2016-Q4 | 13.57 |
| 2016-Q3 | 15.81 |
| 2016-Q2 | 15.24 |
| 2016-Q1 | 13.24 |
| 2015-Q4 | 15.48 |
| 2015-Q3 | 14.35 |
| 2015-Q2 | 12.06 |
| 2015-Q1 | 11.14 |
| 2014-Q4 | 6.38 |
| 2014-Q3 | 7.41 |
| 2014-Q2 | 6.77 |
| 2014-Q1 | 7.44 |
| 2013-Q4 | 6.88 |
| 2013-Q3 | 7.80 |
| 2013-Q2 | 8.05 |
| 2013-Q1 | 6.90 |
| 2012-Q4 | 5.74 |
| 2012-Q3 | 5.61 |
| 2012-Q2 | 4.54 |
| 2012-Q1 | 3.63 |
| 2011-Q4 | 3.97 |
| 2011-Q3 | 6.95 |
| 2011-Q2 | 6.61 |
| 2011-Q1 | 7.59 |
| 2010-Q4 | 8.14 |
| 2010-Q3 | 10.10 |
| 2010-Q2 | 12.48 |
| 2010-Q1 | 13.52 |
| 2009-Q4 | 16.01 |
| 2009-Q3 | 15.91 |
| 2009-Q2 | 12.25 |
| 2009-Q1 | 7.63 |
| 2008-Q4 | 4.91 |
| 2008-Q3 | 2.45 |
| 2008-Q2 | 2.68 |
| 2008-Q1 | 4.27 |
| 2007-Q4 | 1.81 |
| 2007-Q3 | 1.71 |
| 2007-Q2 | 0.64 |
| 2007-Q1 | 0.90 |
| 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-Q3 | 0.82 |
| 2002-Q2 | 0.53 |
| 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.