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 Debt Service Ratio: Households

• Canada Debt Service Ratio: Households was reported at 13.900 % in Mar 2025
• This records a decrease from the previous number of 14.100 % for Dec 2024
• Canada Debt Service Ratio: Households data is updated quarterly, averaging 12.700 % from Mar 1999 to Mar 2025, with 105 observations
• The data reached an all-time high of 14.600 % in Jun 2024 and a record low of 10.300 % in Jun 2002
• Canada Debt Service Ratio: Households data remains active status in CEIC and is reported by Bank for International Settlements
• The data is categorized under World Trend Plus’s Association: Banking Sector – Table RC.BIS.DSR: G2 Households (HH) and Non-Profit Institution Serving Households (NPISHs): Quarterly

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

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.

Consumer Credit in Canada increased to 804999 CAD Million in September from 798319 CAD Million in August of 2025. This dataset provides - Canada Consumer Credit - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

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

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.

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

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.

Private Debt to GDP in Canada decreased to 163.25 percent in 2024 from 164 percent in 2023. Canada Private Debt to GDP - values, historical data, forecasts and news - updated on December of 2025.

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.

Canada CA: Gross External Debt: Other Sectors: Households and NPISH: Short Term data was reported at 0.000 USD mn in Dec 2024. This stayed constant from the previous number of 0.000 USD mn for Sep 2024. Canada CA: Gross External Debt: Other Sectors: Households and NPISH: Short Term data is updated quarterly, averaging 0.000 USD mn from Mar 2012 (Median) to Dec 2024, with 52 observations. The data reached an all-time high of 0.000 USD mn in Dec 2024 and a record low of 0.000 USD mn in Dec 2024. Canada CA: Gross External Debt: Other Sectors: Households and NPISH: Short Term data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.QEDS: Gross External Debt: by Sector and Instrument.

Canada CA: Gross External Debt: Other Sectors: Households and NPISH: Long Term data was reported at 28.012 USD bn in Dec 2024. This records a decrease from the previous number of 29.819 USD bn for Sep 2024. Canada CA: Gross External Debt: Other Sectors: Households and NPISH: Long Term data is updated quarterly, averaging 18.535 USD bn from Mar 2012 (Median) to Dec 2024, with 52 observations. The data reached an all-time high of 30.403 USD bn in Jun 2023 and a record low of 7.716 USD bn in Mar 2015. Canada CA: Gross External Debt: Other Sectors: Households and NPISH: Long Term data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.QEDS: Gross External Debt: by Sector and Instrument.

The average mortgage payment in the large and mid-sized cities in Canada ranged between 1,300 Canadian dollars and 2,600 Canadian dollars. In the fourth quarter of the year, Vancouver topped the ranking, with homebuyers paying, on average, ***** Canadian dollars monthly. In Toronto, the average monthly scheduled mortgage payment was ***** Canadian dollars. Canada’s housing market House prices in Canada vary widely across the country. In 2023, the average sales price of detached single-family homes in Vancouver was nearly three times as expensive as the national average. Vancouver is undoubtedly considered the least affordable housing market: In 2023, the cost of buying a home with a **-year mortgage in Canada was approximately ** percent of the median household income, whereas in Vancouver, it was nearly *** percent. Development of house prices The development of house prices depends on multiple factors, such as availability on the market and demand. Since 2005, house prices in Canada have been continuously growing. According to the MSL composite house price index, 2021 measured the highest house price increase.

Utang Rumah Tangga Kanada dilaporkan sebesar 2,110.9 USD bn pada 2024-12. Rekor ini turun dibanding sebelumnya yaitu 2,161.8 USD bn untuk 2024-11. Data Utang Rumah Tangga Kanada diperbarui bulanan, dengan rata-rata 379.9 USD bn dari 1969-01 sampai 2024-12, dengan 672 observasi. Data ini mencapai angka tertinggi sebesar 2,225.1 USD bn pada 2024-09 dan rekor terendah sebesar 22.2 USD bn pada 1969-01. Data Utang Rumah Tangga Kanada tetap berstatus aktif di CEIC dan dilaporkan oleh CEIC Data. Data dikategorikan dalam Global Economic Monitor World Trend Plus – Table: Household Debt: USD: Monthly.

캐나다의 가계 부채 : GDP 대비 %은 2024-12에 99.0 %로 보고 되었습니다. 이는 2024-09에 99.0 %라는 이전 수치에 비 해상승한 기록입니다.캐나다의 가계 부채 : GDP 대비 % 데이터는 계간지마다 업데이트 되며,224개의 관측으로 1969-03부터 2024-12사이에 평균 60.1 %입니다. 이 데이터는2020-12에 111.2 %라는사상 최고치를, 1969-03에 30.0 %라는 최저치를 기록했습니다. 캐나다’의 가계 부채 : GDP 대비 % 데이터는 CEIC에 활성 상태로 남아 있으며CEIC Data에 의해 보고되는 정보입니다. 본 데이터는 World Trend Plus의 Global Economic Monitor - Table: Household Debt: % of Nominal GDP: Quarterly하에 분류 됩니다.