Non-performing loans to total gross loans (%) in Canada

Canada: Non-performing loans to total gross loans (%) was 0.6% in 2024. ▼ Falling

Latest (2024)
0.6%
Change on year
up 25.1%
World rank
151st
of 156 countries
All-time high
1.3%
in 2009
All-time low
0.3%
in 2022
Years of data
20
2005–2024

Non-performing loans to total gross loans in Canada, 2005–2024

0.40.60.811.22005201420242005: 0.5 %2006: 0.42 %2007: 0.432 %2008: 0.763 %2009: 1.3 %2010: 1.2 %2011: 0.845 %2012: 0.651 %2013: 0.575 %2014: 0.518 %2015: 0.517 %2016: 0.596 %2017: 0.449 %2018: 0.505 %2019: 0.503 %2020: 0.529 %2021: 0.376 %2022: 0.334 %2023: 0.454 %2024: 0.568 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

The most recent figure for non-performing loans to total gross loans in Canada is 0.6%, measured in 2024.

Compared with earlier readings it is up 25.1% on the previous year and up 9.7% over ten years.

Over the whole period, non-performing loans to total gross loans in Canada peaked at 1.3% in 2009 and was at its lowest, 0.3%, in 2022.

Canada ranks 151st of 156 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 20 years of available data.

Non-performing loans to total gross loans (%) in Canada, year by year

Annual values for Non-performing loans to total gross loans (%) in Canada, 2005 to 2024.
Year % Change
2005 0.5% —
2006 0.4% -15.9%
2007 0.4% +2.7%
2008 0.8% +76.8%
2009 1.3% +66.0%
2010 1.2% -5.9%
2011 0.8% -29.2%
2012 0.7% -22.9%
2013 0.6% -11.7%
2014 0.5% -9.9%
2015 0.5% -0.2%
2016 0.6% +15.4%
2017 0.4% -24.6%
2018 0.5% +12.4%
2019 0.5% -0.4%
2020 0.5% +5.1%
2021 0.4% -28.9%
2022 0.3% -11.1%
2023 0.5% +35.9%
2024 0.6% +25.1%

Canada compared with similar countries

  • Canada's 0.6% is below the median for high income countries, which is 2.1%, 27% of the median. (53 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.7% 0.4% 1.3% 5
2010s 0.6% 0.4% 1.2% 10
2020s 0.5% 0.3% 0.6% 5

Countries ranked near Canada

  1. 148 Lithuania 0.9% compare
  2. 149 Switzerland 0.8% compare
  3. 150 Israel 0.7% compare
  4. 152 Sweden 0.5% compare
  5. 153 Norway 0.5% compare
  6. 154 Liechtenstein 0.4% compare

See the full ranking of 159 places →

More development goals data for Canada

All data for Canada →

Frequently asked questions

What is non-performing loans to total gross loans in Canada?
Non-performing loans to total gross loans in Canada was 0.6% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest non-performing loans to total gross loans recorded in Canada?
The highest recorded value was 1.3% in 2009.
What is the lowest non-performing loans to total gross loans recorded in Canada?
The lowest recorded value was 0.3% in 2022.
How does Canada rank for non-performing loans to total gross loans?
Canada ranks 151st out of 156 countries with data for 2024.
Is non-performing loans to total gross loans rising or falling in Canada?
Over the last ten years it is up 9.7%. The long-run trend across the full record is falling.
Where does this Canada data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Non-performing loans to total gross loans (%). Statizoid updates them automatically from the source API.

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Non-performing loans to total gross loans in Canada. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 07 November 2026, from https://development-goals.statizoid.com/stat/non-performing-loans-to-total-gross-loans-percent/canada/

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About this data

Indicator
Non-performing loans to total gross loans (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
159 places, 2,405 data points, 2000–2025
Last refreshed