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.

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 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.

The ratio of national debt to gross domestic product (GDP) of Canada was 111.3 percent in 2024. Between 1980 and 2024, the ratio rose by 66.71 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The ratio is forecast to decline by 3.41 percentage points from 2024 to 2030, fluctuating as it trends downward.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

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.

Graph and download economic data for Central government debt, total (% of GDP) for Canada (DEBTTLCAA188A) from 1990 to 2024 about Canada, debt, government, and GDP.

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.

Canada recorded a Government Debt to GDP of 110.80 percent of the country's Gross Domestic Product in 2024. This dataset provides - Canada Government 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

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

Quarterly gross and net debt to gross domestic product for federal and other levels of general government.

Graph and download economic data for Outstanding Domestic Private Debt Securities to GDP for Canada (DDDM03CAA156NWDB) from 1989 to 2020 about Canada, debt, domestic, securities, private, and GDP.

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.

General government gross domestic and foreign debt, and financial liabilities by category, quarterly.

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.

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

Graph and download economic data for Real Gross Domestic Product for Canada (NGDPRSAXDCCAQ) from Q1 1961 to Q1 2025 about Canada, real, and GDP.

Key information about Canada Government Debt: % of GDP

• Canada Government debt accounted for 69.4 % of the country's Nominal GDP in Mar 2024, compared with the ratio of 66.9 % in the previous year.
• Canada government debt to GDP ratio data is updated yearly, available from Mar 1962 to Mar 2024.
• The data reached an all-time high of 83.6 % in Mar 1996 and a record low of 33.1 % in Mar 1977.

CEIC calculates Government Debt as % of Nominal GDP from annual Government Debt and quarterly Nominal GDP. The Department of Finance Canada provides Government Debt in local currency. Statistics Canada provides Nominal GDP in local currency based on CSNA 2012/SNA 2008. Government Debt as % of Nominal GDP is in annual frequency, ending in March of each year.


Related information about Canada Government Debt: % of GDP

• In the latest reports, Canada National Government Debt reached 1,519.8 USD bn in Mar 2024.
• The country's Nominal GDP reached 520.3 USD bn in Mar 2023.

Graph and download economic data for Gross Portfolio Debt Liabilities to GDP for Canada (DDDM10CAA156NWDB) from 1999 to 2020 about Canada, liabilities, debt, gross, and GDP.

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.