financial
Credit-to-GDP Gap
Deviation of credit-to-GDP ratio from its long-term trend (BIS)
🇨🇦 Canada
1.3 pp▲ 8.7
As of 2025-10-01
🇺🇸 United States
-7.5 pp▼ 19.7
As of 2025-04-01
Historical Comparison
- Canada
- United States
Why it matters
Gap above 10pp is a BIS warning signal for banking crises.
Frequency: quarterly
Units: percent
Seasonal adj.: N/A
Importance: 8/10