Households Debt in Canada decreased to 167.70 percent of gross income in 2021 from 169.87 percent in 2020. source: Statistics Canada
Households Debt To Income in Canada averaged 129.22 percent from 1990 until 2021, reaching an all time high of 174.31 percent in the third quarter of 2017 and a record low of 83.56 percent in the first quarter of 1990. This page provides - Canada Households Debt To Income- actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Households Credit Market Debt to Disposable Income - values, historical data and charts - was last updated on July of 2021.
Households Debt To Income in Canada is expected to be 171.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Households Debt To Income in Canada to stand at 171.70 in 12 months time. In the long-term, the Canada Households Credit Market Debt to Disposable Income is projected to trend around 173.00 percent in 2022, according to our econometric models.