Households Debt in Canada decreased to 109.07 percent of GDP in the second quarter of 2021 from 111.59 percent of GDP in the first quarter of 2021. source: Statistics Canada

Households Debt To GDP in Canada averaged 77.99 percent of GDP from 1990 until 2021, 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 October of 2021.

Households Debt To GDP in Canada is expected to be 111.90 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Households Debt To GDP is projected to trend around 113.00 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


Canada Last Unit Reference Previous Highest Lowest
Retail Sales MoM -0.60 percent Jul/21 4.20 23.50 -24.90
Retail Sales YoY 5.30 percent Jul/21 6.70 57.10 -31.80
Retail Sales Ex Autos -1.00 percent Jul/21 6.20 14.20 -20.60
Consumer Spending 1148842.00 CAD Million Jun/21 1148196.00 1193017.00 182407.00
Disposable Personal Income 1463752.00 CAD Million Jun/21 1431844.00 1473096.00 24872.00
Personal Savings 14.20 percent Jun/21 13.10 28.20 0.40
Consumer Credit 793616.00 CAD Million Jul/21 792582.00 802908.00 11066.00
Private Sector Credit 4638279.00 CAD Million Sep/20 4618799.00 4638279.00 74836.00
Households Debt To Income 172.93 percent Jun/21 167.70 174.31 83.56
Households Debt To GDP 109.07 percent of GDP Jun/21 111.59 112.62 53.55