Private Debt to GDP in Canada increased to 304.10 percent in 2020 from 275.40 percent in 2019. source: OECD

Private Debt to GDP in Canada averaged 218.59 percent from 1995 until 2020, reaching an all time high of 304.10 percent in 2020 and a record low of 174.40 percent in 1995. Canada Private Debt to GDP - values, historical data and charts - was last updated on October of 2021.

Private Debt to GDP in Canada is expected to reach 290.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Private Debt to GDP is projected to trend around 300.00 percent in 2022, according to our econometric models.

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Canada Private Debt to GDP


Canada Last Unit Reference Previous Highest Lowest
Private Debt to GDP 304.10 percent Dec/20 275.40 304.10 174.40


Canada Private Debt to GDP
Private sector debt to GDP measures the indebtedness of both sectors, non-financial corporations and households and non-profit institutions serving households, as a percentage of GDP.