Cash Demand in Canada and Sweden: What’s the Difference?
Communication Team / Equipo de Comunicación
August 29, 2019
Canada and Sweden have both experienced a decline in transactional demand for cash. While Sweden has seen an overall decline in cash in circulation in relation to GDP over the past decade, Canada’s demand, on the contrary, has been stable. This discussion paper, released by the Bank of Canada, compares the evolution in both countries.