Canada - SME Loan Applications Ratio
Since 2014, Canada SME Loan Applications Ratio decreased by 0.6points year on year. In 2019, the country was ranked number 7 comparing other countries in SME Loan Applications Ratio with 27 Percent. Canada is overtaken by Spain, which was ranked number 6 with 28.3 Percent and is followed by Finland with 25.66 Percent. Peru topped the ranking with 58.98 Percent in 2016, an increase of 25.1points compared to 2015. China, Belgium and Colombia respectively ranked number 2, 3 and 4 in this ranking. Luxembourg recorded the best 5 years average growth at +5.1points per year, while United Kingdom witnessed the worst performance at -16.7points per year.
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| Date | Percent |
|---|---|
| 2019 | 27.00 |
| 2018 | 26.50 |
| 2017 | 26.00 |
| 2016 | 26.00 |
| 2015 | 23.00 |
Download all data from 2007 to 2019
How does Canada rank in SME Loan Applications Ratio?
| # | 18 Countries | Percent | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Peru
|
58.98 % | 2016 | +25.1 % | NA | View data | |
| 2 |
#2
China
|
53.09 % | 2017 | -15.8 % | NA | View data | |
| 6 |
#6
Spain
|
28.30 % | 2019 | -2.1 % | -3.8 % | View data | |
| 7 |
#7
Canada
|
27.00 % | 2019 | +1.9 % | -0.6 % | View data | |
| 8 |
#8
Finland
|
25.66 % | 2019 | +2.2 % | -1.5 % | View data | |