Households Debt in Canada increased to 112.62 percent of GDP in the fourth quarter of 2020 from 110.54 percent of GDP in the third quarter of 2020. source: Statistics Canada

Households Debt To GDP in Canada averaged 77.47 percent of GDP from 1990 until 2020, reaching an all time high of 112.62 percent of GDP in the fourth quarter of 2020 and a record low of 53.55 percent of GDP in the first quarter of 1990. This page provides - Canada Households Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Households Debt To GDP - values, historical data and charts - was last updated on May of 2021.

Households Debt To GDP in Canada is expected to be 114.00 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Households Debt To GDP in Canada to stand at 116.50 in 12 months time. In the long-term, the Canada Households Debt To GDP is projected to trend around 118.00 percent of GDP in 2022 and 122.00 percent of GDP in 2023, according to our econometric models.

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Canada Households Debt To GDP

Actual Previous Highest Lowest Dates Unit Frequency
112.62 110.54 112.62 53.55 1990 - 2020 percent of GDP Quarterly
NSA

Canada Consumer Last Previous Highest Lowest Unit
Consumer Confidence 52.41 50.25 57.05 35.60 points [+]
Retail Sales MoM 4.80 -1.10 23.50 -24.90 percent [+]
Retail Sales YoY 6.00 2.40 10.50 -31.80 percent [+]
Retail Sales Ex Autos 4.80 -1.20 15.20 -20.70 percent [+]
Consumer Spending 1135859.00 1137117.00 1193017.00 182407.00 CAD Million [+]
Disposable Personal Income 1397720.00 1411416.00 1473096.00 24872.00 CAD Million [+]
Personal Savings 12.70 14.60 28.20 0.40 percent [+]
Consumer Credit 785809.00 785756.00 802908.00 11066.00 CAD Million [+]
Private Sector Credit 4638279.00 4618784.00 4638279.00 74836.00 CAD Million [+]
Bank Lending Rate 2.45 2.45 22.75 2.25 percent [+]
Gasoline Prices 1.06 0.99 1.32 0.41 USD/Liter [+]
Households Debt To GDP 112.62 110.54 112.62 53.55 percent of GDP [+]
Households Debt To Income 169.87 170.93 174.31 83.56 percent [+]