Bank loans as a share of GDP reached 163 % in 2018 in Canada, according to the National Central Bank. This is 2.79 % more than in the previous year.
Historically, bank loans as a share of GDP in Canada reached an all time high of 163 % in 2018 and an all time low of 77.8 % in 2005.
Canada has been ranked 3rd within the group of 28 countries we follow in terms of bank loans as a share of GDP, 26 places above the position seen 10 years ago.
A bank loan is a type of debt.