Financial soundness indicators in Canada
Canada: Financial soundness indicators was 0.8% in 2024. ▬ Flat
Latest (2024)
0.8%
Change on year
up 2.5%
World rank
135th
of 150 countries
All-time high
1.2%
in 2006
All-time low
0.5%
in 2008
Years of data
20
2005–2024
Financial soundness indicators in Canada, 2005–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for financial soundness indicators in Canada is 0.8%, measured in 2024.
Compared with earlier readings it is up 2.5% on the previous year and down 26.4% over ten years.
Over the whole period, financial soundness indicators in Canada peaked at 1.2% in 2006 and was at its lowest, 0.5%, in 2008.
Canada ranks 135th of 150 countries on this measure, in the bottom quarter.
Financial soundness indicators in Canada, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 1.0% | — |
| 2006 | 1.2% | +24.2% |
| 2007 | 1.1% | -13.8% |
| 2008 | 0.5% | -50.0% |
| 2009 | 0.7% | +30.2% |
| 2010 | 1.0% | +49.3% |
| 2011 | 1.2% | +14.6% |
| 2012 | 1.1% | -8.5% |
| 2013 | 1.1% | +0.9% |
| 2014 | 1.1% | +0.9% |
| 2015 | 1.0% | -8.2% |
| 2016 | 1.0% | -1.0% |
| 2017 | 1.1% | +11.0% |
| 2018 | 1.1% | +3.6% |
| 2019 | 1.1% | -7.8% |
| 2020 | 0.8% | -26.4% |
| 2021 | 1.1% | +43.6% |
| 2022 | 1.2% | +5.4% |
| 2023 | 0.8% | -33.1% |
| 2024 | 0.8% | +2.5% |
Canada compared with similar countries
- Canada's 0.8% is below the median for high income countries, which is 1.4%, 56% of the median. (57 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.9% | 0.5% | 1.2% | 5 |
| 2010s | 1.1% | 1.0% | 1.2% | 10 |
| 2020s | 0.9% | 0.8% | 1.2% | 5 |
Countries ranked near Canada
- 132 Australia 0.9% compare
- 133 San Marino 0.9% compare
- 134 Netherlands 0.9% compare
- 136 South Korea 0.8% compare
- 137 Lebanon 0.7% compare
- 138 United Kingdom 0.7% compare
More reference data data for Canada
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 2.05 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 3.92 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 20.47 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.92 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 20.47 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 6.86 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 7.45 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 22.03 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 99.83 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 15.88 (2050)
Frequently asked questions
- What is financial soundness indicators in Canada?
- Financial soundness indicators in Canada was 0.8% in 2024, according to International Monetary Fund – processed by Our World in Data.
- What is the highest financial soundness indicators recorded in Canada?
- The highest recorded value was 1.2% in 2006.
- What is the lowest financial soundness indicators recorded in Canada?
- The lowest recorded value was 0.5% in 2008.
- How does Canada rank for financial soundness indicators?
- Canada ranks 135th out of 150 countries with data for 2024.
- Is financial soundness indicators rising or falling in Canada?
- Over the last ten years it is down 26.4%. The long-run trend across the full record is flat.
- Where does this Canada data come from?
- The figures come from International Monetary Fund – processed by Our World in Data, published as part of Financial soundness indicators. Statizoid updates them automatically from the source API.
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CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Return on assets (%).