Households Debt in Canada increased to 106.16 percent of GDP in the second quarter of 2020 from 101.93 percent of GDP in the first quarter of 2020.
Households Debt To GDP in Canada averaged 75.14 percent of GDP from 1990 until 2020, reaching an all time high of 106.16 percent of GDP in the second quarter of 2020 and a record low of 52.46 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 September of 2020. source: Statistics Canada
Households Debt To GDP in Canada is expected to be 107.00 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 105.30 in 12 months time. In the long-term, the Canada Households Debt To GDP is projected to trend around 104.50 percent of GDP in 2021 and 102.00 percent of GDP in 2022, according to our econometric models.