Households Debt in Canada decreased to 172.22 percent of gross income in 2020 from 173.68 percent in 2019.
Households Debt To Income in Canada averaged 127.89 percent from 1990 until 2020, reaching an all time high of 174.05 percent in the second quarter of 2019 and a record low of 83.56 percent in the first quarter of 1990. This page provides - Canada Households Debt To Income- actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Households Credit Market Debt to Disposable Income - values, historical data and charts - was last updated on August of 2020. source: Statistics Canada
Households Debt To Income in Canada is expected to be 174.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Households Debt To Income in Canada to stand at 174.80 in 12 months time. In the long-term, the Canada Households Credit Market Debt to Disposable Income is projected to trend around 174.79 percent in 2021 and 175.33 percent in 2022, according to our econometric models.