The ratio of Canadian household debt-to-income narrowed to 180.7% in the fourth quarter of 2022 from an upwardly revised record of 183.1% in the third quarter. source: Statistics Canada

Households Debt to Income in Canada averaged 136.10 percent from 1990 until 2023, reaching an all time high of 183.10 percent in the third quarter of 2022 and a record low of 86.11 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 June of 2023.

Households Debt to Income in Canada is expected to be 183.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Households Credit Market Debt to Disposable Income is projected to trend around 188.00 percent in 2024 and 191.00 percent in 2025, according to our econometric models.

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Canada Households Credit Market Debt to Disposable Income



Related Last Previous Unit Reference
Retail Sales MoM -1.40 -0.20 percent Mar 2023
Retail Sales Ex Autos -0.30 -0.70 percent Mar 2023
Retail Sales YoY 2.40 4.10 percent Mar 2023
Consumer Spending 1233374.00 1227135.00 CAD Million Dec 2022
Disposable Personal Income 1561752.00 1526100.00 CAD Million Dec 2022
Personal Savings 6.00 5.70 percent Dec 2022
Consumer Credit 725199.00 727092.00 CAD Million Mar 2023
Private Sector Credit 4638279.00 4618799.00 CAD Million Sep 2020
Households Debt to Income 180.70 183.10 percent Feb 2023
Households Debt to GDP 102.64 103.70 percent of GDP Dec 2022