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Number of cards with a credit function per inhabitant in Canada: Stagnancy in 2017

Number of cards with a credit function remained stable compared to the prior year, refreshed data from Bank for International Settlements show. For the 2nd consecutive year, the number of cards with a credit function remained the same at 2.09. The overall changes for the previous 11 years attained a rise of 0.48%. Though, it has attained a decrease at a 0.02 percent average annual growth rate during the last 5 years with a overall decline since the start of time series. It averaged 2.17 from 2007 to 2017 and it reached its all-time high of 2.32 in 2013 and record low of 2.02 in 2015.

Number of cards with a credit function per inhabitant in Canada: Stagnancy in 2017
Date Number Variation
2017 2.09 =
2016 2.09 3.47
2015 2.02 -6.91
2014 2.17 -6.47
2013 2.32 2.2
2012 2.27 -1.3
2011 2.30 5.02
2010 2.19 -0.45
2009 2.20 0.46
2008 2.19 5.29

Related Statistics

Number Of Credit Cards in other Countries

Main Credit Card Indicators

  • Credit Card Transaction

    Value (million or billion US Dollars or any other national currency) or volume (number of transactions) of payment transactions performed with credit cards, i.e. cards indicating that the holder has been granted a line of credit. They enable him/her to make purchases and/or draw cash up to a prearranged ceiling. The credit granted may be settled in full by the end of a specific period, or may be settled in part, with the balance taken as extended credit. Interest is charged on the amount of extended credit and the holder is sometimes charged an annual fee. Based on: Bank for International Settlements.

  • Number Of Credit Cards

    Number of credit cards used by a given population. Credit cards are understood as cards indicating that the holder has been granted a line of credit. They enable him/her to make purchases and/or draw cash up to a prearranged ceiling. The credit granted may be settled in full by the end of a specific period, or may be settled in part, with the balance taken as extended credit. Interest is charged on the amount of extended credit and the holder is sometimes charged an annual fee. Based on: Bank for International Settlements.