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Canadians use more consumer credit for their personal spending than Americans
| Canada | U.S. | |
|---|---|---|
| % | ||
| 1980 | 25.9 | 20.4 |
| 1981 | 25.4 | 19.5 |
| 1982 | 23.6 | 19.1 |
| 1983 | 21.6 | 19.4 |
| 1984 | 21.1 | 21.0 |
| 1985 | 21.5 | 22.4 |
| 1986 | 22.2 | 23.0 |
| 1987 | 22.9 | 22.5 |
| 1988 | 24.0 | 22.2 |
| 1989 | 24.9 | 22.5 |
| 1990 | 25.8 | 21.5 |
| 1991 | 25.5 | 20.5 |
| 1992 | 25.0 | 19.5 |
| 1993 | 24.6 | 19.8 |
| 1994 | 25.5 | 21.5 |
| 1995 | 26.5 | 23.5 |
| 1996 | 27.1 | 24.2 |
| 1997 | 28.0 | 24.2 |
| 1998 | 29.6 | 24.5 |
| 1999 | 30.1 | 24.8 |
| 2000 | 31.9 | 25.9 |
| 2001 | 32.7 | 27.0 |
| 2002 | 33.0 | 27.4 |
| 2003 | 34.2 | 27.5 |
| 2004 | 35.8 | 27.2 |
| 2005 | 38.1 | 26.5 |
| Sources: Bank of Canada, Public Information Service; U.S. Federal Reserve, Financial and Business Statistics |
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