Bank assets as a share of GDP reached 241 % in 2017 in Canada, according to the National Central Bank. This is 1.14 % more than in the previous year.
Historically, bank assets as a share of GDP in Canada reached an all time high of 241 % in 2017 and an all time low of 104 % in 1988. When compared to Canada's main peers, bank assets as a share of GDP in Australia amounted to 250 %, 41.3 % in Mexico and 91.1 % in USA in 2017.
Canada has been ranked 12th within the group of 113 countries we follow in terms of bank assets as a share of GDP, 16 places above the position seen 10 years ago.
Banking assets are everything that a bank owns, including loans, securities, and physical assets such as buildings.