Non-performing loans to total gross loans in Canada

Canada: Non-performing loans to total gross loans was 0.6% in 2024. β–Ό Falling

Latest (2024)
0.6%
Change on year
up 25.1%
World rank
141st
of 145 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 141st of 145 countries on this measure, in the bottom quarter.

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

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. 138 Lithuania 0.9% compare
  2. 139 Switzerland 0.8% compare
  3. 140 Israel 0.7% compare
  4. 142 Sweden 0.5% compare
  5. 143 Norway 0.5% compare
  6. 144 Liechtenstein 0.4% compare

See the full ranking of 150 places β†’

More development goals data for Canada

All data for Canada β†’

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 141st out of 145 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 16 August 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
150 places, 2,267 data points, 2000–2025
Last refreshed