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

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.

. 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 97.7 % of the country's Nominal GDP in Sep 2025
• Money Supply M2 in Canada increased 1,966.1 USD bn YoY in Sep 2025
• Canada Foreign Exchange Reserves was measured at 99.7 USD bn in Oct 2025
• The Foreign Exchange Reserves equaled 2.0 Months of Import in Aug 2025
• Canada Domestic Credit reached 4,851.8 USD bn in Sep 2025, representing an increased of 4.7 % YoY

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

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.

Key information about Canada Household Debt: % of GDP

• Canada household debt accounted for 97.7 % of the country's Nominal GDP in Sep 2025, compared with the ratio of 97.6 % in the previous quarter.
• Canada household debt to GDP ratio is updated quarterly, available from Mar 1969 to Sep 2025.
• The data reached an all-time high of 111.2 % in Dec 2020 and a record low of 30.0 % in Mar 1969.

CEIC calculates quarterly Household Debt as % of Nominal GDP from monthly Household Debt and quarterly Nominal GDP. Statistics Canada provides Household Debt in local currency. Statistics Canada provides Nominal GDP in local currency. Loans are used due to the lack of Flow of Funds statistics. Household Debt prior to Q1 1990 is sourced from the Bank of Canada.


Related information about Canada Household Debt: % of GDP

• In the latest reports, Canada Household Debt reached 2,254.5 USD bn in Sep 2025.
• Money Supply M2 in Canada increased 5.2 % YoY in Sep 2025.
• Canada Foreign Exchange Reserves was measured at 99.7 USD bn in Oct 2025.
• The Foreign Exchange Reserves equaled 2.0 Months of Import in Aug 2025.
• Canada Domestic Credit reached 4,851.8 USD bn in Sep 2025, representing an increased of 4.7 % YoY.
• The country's Non Performing Loans Ratio stood at 0.7 % in Jun 2025, compared with the ratio of 0.7 % in the previous quarter.

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

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

Monthly credit aggregates for the household sector, by category.

Key information about Canada Private Debt: % of Nominal GDP

• Canada Private Debt accounted for 210.25 % of its Nominal GDP in Sep 2025, compared with a ratio of 209.38 % in the previous quarter
• Canada Private Debt contribution to Nominal GDP ratio is updated quarterly, available from Mar 1969 to Sep 2025, with an average share of 129.85 %
• The data reached an all-time high of 237.84 % in Dec 2020 and a record low of 89.28 % in Sep 1976

CEIC calculates quarterly Private Debt as % of Nominal GDP from monthly Private Debt and quarterly Nominal GDP. Private Debt is calculated as a sum of Loans to Private Non-Financial Corporations and Household sectors. Statistics Canada provides Private Debt and Nominal GDP in local currency. Private Debt prior to Q1 1990 is sourced from the Bank of Canada.

In 2024, the value of the lending to households in Switzerland as a share of its gross domestic product (GDP) was higher than in any of the countries selected here. Australian, Canadian, and South Korean households had an amount of credit which was higher than the overall size of their economy. That year, household lending in Argentina amounted to *** percent of its GDP, which was the lowest figure in the ranking. What is the household debt? Household debt, also known as family debt, includes loans taken to pay for the home or other property, education, vehicles, and other expenses. The largest component of this is mortgage debt, which is seen by many as a way to build long-term equity. As such, households are willing to take on a large amount of this debt with the goal of owning an asset that holds value and can be used as a residence in the meantime. The cost of debt The cost of a loan depends on a number of factors such as the interest rate, borrower’s credit risk or time period of a loan. The value of mortgage and the rate of return on assets such as real estate also depend largely on geographic location. The highest borrowers in this statistic are likely living in countries where credit is affordable and expected returns are relatively high, incentivizing heavy borrowing.

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.

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.

Canada Household Debt to GDP - Historical chart and current data through 2025.

For more than half of Canadians interviewed by the Leger Institute in March 2022, inflation had an impact on household debt. Conversely, according to *** person in ****, this phenomenon had no impact on their household debt. At the end of 2021, the cost of living and inflation were the first things Canadians mentioned when asked what the next government's priority should be.

Key information about Canada Domestic Credit

• Canada Domestic Credit reached 4,851.8 USD bn in Sep 2025, compared with a reported figure of 4,891.8 USD bn in the previous month
• Canada Domestic Credit data is updated monthly
• It is available from Jan 1969 to Sep 2025 and averaged 830.5 USD bn
• The data reached an all-time high of 4,891.8 USD bn in Aug 2025 and a record low of 69.8 USD bn in Jan 1969

CEIC calculates monthly Domestic Credit as the sum of Private Non-Financial Corporations and Household sectors and converts it into USD. Statistics Canada provides Domestic Credit in local currency. The Federal Reserve Board period end market exchange rate is used for currency conversions. Domestic Credit prior to January 1990 is sourced from the Bank of Canada.


Further information about Canada Domestic Credit

• In the latest reports, Canada Domestic Credit represented an increased of 4.7 % YoY in Sep 2025
• Money Supply M2 in Canada increased to 1,966.1 USD bn YoY in Sep 2025
• Canada Foreign Exchange Reserves was measured at 99.7 USD bn in Oct 2025
• The Foreign Exchange Reserves equaled 2.0 Months of Import in Aug 2025
• The country's Non Performing Loans Ratio stood at 0.7 % in Jun 2025, compared with the ratio of 0.7 % in the previous quarter
• Household Debt of Canada reached 97.7 % in Sep 2025, accounting for 97.7 % of the country's Nominal GDP

Phoenix SPI was commissioned by Human Resources and Skills Development Canada to explore with Canadians issues relevant to the department’s mandate. The objectives of the 2010-2011 survey included the following: • Explore issues related to the recent recession and the economic recovery now under-way; • Gauge Canadians’ awareness, understanding and perceptions of issues related to the aging of our population, including the perceived impact of our aging population on Canadian society/economy; • Explore issues related to caregiving, including the challenges facing caregivers, the types of support needed, the amount of time devoted to caregiving, and perceptions of how well caregivers are coping with their responsibilities; • Explore issues related to indebtedness, including the nature and impact of household debt on Canadians; and • Assess government performance in areas relevant to the department’s mandate, tracking measures included in previous surveys. A mixed methodology was used that included a telephone survey and a set of focus groups. The survey averaged 17 minutes and was conducted with 1,505 Canadian residents, 18 years of age and older. Based on a sample of this size, the results can be considered to be accurate to within +/- 2.53%, 19 times out of 20. The fieldwork for the survey was conducted January 29 to February 18, 2011. A set of eight focus groups was conducted in four locations (two per city), using both in-person (Toronto, Montreal) and online focus groups (Halifax and Calgary). The groups were segmented by age: one group per location consisted of participants 18-35 years old, and the other group of participants aged 36-65. The qualitative research results provide an indication of participants’ views about the issues explored, but cannot be generalized to the full population of Canadian residents, 18 years and older.

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.

Key information about Canada Domestic Credit Growth

• Canada Domestic Credit increased 3.9 % YoY in Dec 2024, compared with an increase of 3.8 % YoY in the previous month
• Canada Domestic Credit Growth YoY data is updated monthly
• It averaged 7.4 %, available from Jan 1970 to Dec 2024
• The data reached an all-time high of 19.6 % in Aug 1981 and a record low of 1.3 % in Jun 2003

CEIC calculates Domestic Credit Growth from monthly Domestic Credit. Domestic Credit is calculated as the sum of Private Non-Financial Corporations and Household sectors. Statistics Canada provides Domestic Credit in local currency. Domestic Credit Growth prior to January 1991 is sourced from the Bank of Canada.


Further information about Canada Domestic Credit Growth

• In the latest reports, Canada Domestic Credit reached 4,531.7 USD bn in Dec 2024
• Money Supply M2 in Canada increased to 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
• The country's Non Performing Loans Ratio stood at 0.6 % in Sep 2024, compared with the ratio of 0.5 % in the previous quarter
• Household Debt of Canada reached 99.2 % in Sep 2024, accounting for 99.2 % of the country's Nominal GDP

Composition of assets (including Employer Pension Plans valued on a termination basis) and debts held by all family units, by net worth quintiles, Canada and provinces.