Households Debt in Canada increased to 171.90 percent of gross income in 2025 from 171.10 percent in 2025. This dataset provides - Canada Households Debt To Income- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Annual household disposable income, debt service ratio and other statistics, by province and territory.

Quarterly financial flows and stocks of household credit market debt, consumer credit, non-mortgage loans, and mortgage loans, on a seasonally adjusted basis.

This dataset provides values for HOUSEHOLDS DEBT TO INCOME reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Graph and download economic data for Household Debt to GDP for Canada (HDTGPDCAQ163N) from Q1 2005 to Q1 2025 about Canada, debt, households, and GDP.

Key information about Canada Household Debt

• Canada Household Debt reached 2,110.9 USD bn in Dec 2024, compared with the reported number of 2,161.8 USD bn in the previous month
• Canada Household Debt: USD mn data is updated monthly, available from Jan 1969 to Dec 2024
• The data reached an all-time high of 2,225.1 USD bn in Sep 2024 and a record low of 22.2 USD bn in Jan 1969

CEIC converts monthly Household Debt into USD. Statistics Canada provides Household Debt in local currency. The Federal Reserve Board period end market exchange rate is used for currency conversions. Loans are used due to the lack of Flow of Funds statistics. Household Debt prior to January 1990 is sourced from the Bank of Canada.


Further information about Canada Household Debt

• In the latest reports, Canada Household Debt accounted for 99.2 % of the country's Nominal GDP in Sep 2024
• Money Supply M2 in Canada increased 1,873.3 USD bn YoY in Nov 2024
• Canada Foreign Exchange Reserves was measured at 90.2 USD bn in Jan 2025
• The Foreign Exchange Reserves equaled 2.0 Months of Import in Dec 2024
• Canada Domestic Credit reached 4,647.3 USD bn in Nov 2024, representing an increased of 3.9 % YoY

Debt service ratios, interest and obligated principal payments on debt, and related statistics for households, Canada.

Households Debt in Canada decreased to 99.58 percent of GDP in the first quarter of 2025 from 100.39 percent of GDP in the fourth quarter of 2024. This dataset provides - Canada Households Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Quarterly debt to gross domestic product, debt to disposable income and other indicators, for the household sector and the non-profit institutions serving households sector, by category.

Quarterly household disposable income, debt service ratio and other statistics, Canada.

During the year 2020, household average net savings in Canada peaked in the second quarter for each income group. Compared to the other groups, households ranked in the highest income quintile displayed considerably higher average net savings during the coronavirus (COVID-19) pandemic. As of the second quarter of 2020, households belonging to this income group reported on average net savings for ****** Canadian dollars.

Portugal, Canada, and the United States were the countries with the highest house price to income ratio in 2024. In all three countries, the index exceeded 130 index points, while the average for all OECD countries stood at 116.2 index points. The index measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. An index value of 120, for example, would mean that house price growth has outpaced income growth by 20 percent since 2015. How have house prices worldwide changed since the COVID-19 pandemic? House prices started to rise gradually after the global financial crisis (2007–2008), but this trend accelerated with the pandemic. The countries with advanced economies, which usually have mature housing markets, experienced stronger growth than countries with emerging economies. Real house price growth (accounting for inflation) peaked in 2022 and has since lost some of the gain. Although, many countries experienced a decline in house prices, the global house price index shows that property prices in 2023 were still substantially higher than before COVID-19. Renting vs. buying In the past, house prices have grown faster than rents. However, the home affordability has been declining notably, with a direct impact on rental prices. As people struggle to buy a property of their own, they often turn to rental accommodation. This has resulted in a growing demand for rental apartments and soaring rental prices.

Assets and debts held by family units and by age groups, total amounts.

EKOS Research Associates and the Canada Millennium Scholarship Foundation conducted a monthly national study of the finances of post-secondary students from September 2001 until May 2002. The study was designed to capture the expenses and income of students on a monthly basis, in order to profile the financial circumstances of Canadian post-secondary students and the adequacy of available funding. The Web based Students Financial Survey provided accurate, quantifiable results for the first time on such issues as the incidence and level of assistance, the level of debt from outstanding bank loans, personal lines of credit, and credit cards. The study also yielded up-to-date information on student assets (such as automobiles, computers, and electronics), student earnings, time usage, and types of expenses incurred. The survey featured a panel of 1,524 post-secondary students from across the country, who participated in a very brief monthly survey, either via Internet or telephone. Students were required to complete a longer baseline wave of the survey in order to participate in the study. The baseline survey asked a number of questions concerning summer income and existing debt, including credit card debt. This dataset was received from the Canada Millennium Scholarship Foundation as is. Issues with value labels and missing values were discovered and corrected as best as possible with the documentation received. The variable gasst: Do you receive any government assistance? was not corrected due to lack of documentation about this variable. Some caution should be used with this dataset. This dataset was freely received from, the Canadian Millenium Scholarship Foundation. Some work was required for the variable and value labels, and missing values. They were correct as best as possible with the documentation received. Caution should be used with this dataset as some variables are lacking information.

Of the G7 countries, Japan had the highest net debt in terms of share of gross domestic product (GDP) between 2010 and 2024. That year, Japan's government's net debt reached an estimated *** percent of its total GDP. Italy had the second highest debt rate at *** percent of its GDP, whereas Canada had the lowest at only ** percent.

Quarterly household disposable income, debt service ratio and other statistics, Canada.

Annual household disposable income, debt service ratio and other statistics, by province and territory.

The purpose of the survey is to collect information from a sample of Canadian families on their assets, debts, employment, income and education. This helps in understanding how family finances change because of economic pressures. The SFS provides a comprehensive picture of the net worth of Canadians. Information is collected on the value of all major financial and non-financial assets and on the money owing on mortgages, vehicles, credit cards, student loans and other debts. A family's net worth can be thought of as the amount of money they would be left with if they sold all of their assets and paid off all of their debts. The survey data are used by government departments to help formulate policy, the private sector and by individuals and families to compare their wealth with those of similar types of families.

Quarterly debt to gross domestic product, debt to disposable income and other indicators, for the household sector and the non-profit institutions serving households sector, by category.

This table has been archived and replaced by table 36100665. The sum of the values for net worth and its components by province and region is less than the total for Canada as they exclude the territories. The income quintiles refer to the quintiles estimated at the Canada level and not at the provincial/territorial level. The Income quintiles are assigned based on the equalized household disposable income. This takes into account differences in household size and composition. The Oxford-modified equivalence scale is used; it assigns a value of 1 to the first adult, 0.5 to each additional person aged 14 and over, and 0.3 for all children under 14. The coefficients of variation from Statistics Canada's Survey of Financial Security for 2012 and 2016, which serve as indicators of the accuracy of these estimates for net worth and its components, are available in the appendix to Distributions of Household Economic Accounts, estimates of asset, liability and net worth distributions, 2010 to 2019, technical methodology and quality report for the March 2020 release. Age groups refer to the age group of the major income earner. Life insurance and pensions include the value of all life insurance and employer pension plans, termination basis. Excludes public plans administered or sponsored by governments: Old Age Security (OAS) including the Guaranteed Income Supplement (GIS) and the Spouse's Allowance (SPA), as well as the Canada and Quebec Pension Plans (CPP/QPP). Other financial assets include total currency and deposits, Canadian short-term paper, Canadian bonds and debentures, foreign investments in paper and bonds, mortgages, equity and investment funds, and other receivables. Other non-financial assets include consumer durables, machinery and equipment, and intellectual property products. Excludes accumulation of value of collectibles including coins, stamps and art work. Other liabilities include major credit cards and retail store cards, gasoline station cards, etc., vehicle loans, lines of credit, student loans, other loans from financial institutions and other money owed. Owner's equity refers to the value of the interests of an owner or partial owner in an asset, in this case real estate, divided by household real estate, which includes the value of structures (residential and non-residential) and land owned by households. Distributions of Household Economic Accounts (DHEA) estimates are benchmarked to year-end estimates for liabilities and assets from the National Balance Sheet Accounts (NBSA, Table 36-10-0580-01), and for annual household disposable income from the Provincial-Territorial Economic Accounts (Table 36-10-0224-01). DHEA ratios for debt to disposable income, real estate as a share of disposable income, and net worth as a share of disposable income differ from those included in “Financial indicators of households and non-profit institutions serving households, national balance sheet accounts” (Table 38-10-0235-01) as the latter source adjusts disposable income for the change in pension entitlements. The measure of disposable income used for the DHEA ratios is more consistent with that shown in “Household sector credit market summary table, seasonally adjusted estimates” (Table 38-10-0238), which does not adjust disposable income for the change in pension entitlements.