Households Debt in Canada decreased to 111.59 percent of GDP in the first quarter of 2021 from 112.62 percent of GDP in the fourth quarter of 2020. source: Statistics Canada
Households Debt To GDP in Canada averaged 77.74 percent of GDP from 1990 until 2021, reaching an all time high of 112.62 percent of GDP in the fourth quarter of 2020 and a record low of 53.55 percent of GDP in the first quarter of 1990. This page provides - Canada Households Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Households Debt To GDP - values, historical data and charts - was last updated on July of 2021.
Households Debt To GDP in Canada is expected to be 115.30 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Households Debt To GDP in Canada to stand at 117.00 in 12 months time. In the long-term, the Canada Households Debt To GDP is projected to trend around 118.00 percent of GDP in 2022 and 122.00 percent of GDP in 2023, according to our econometric models.