Canada Household Debt: % of GDP
Key information about Canada Household Debt: % of GDP
- Canada household debt accounted for 102.1 % of the country's Nominal GDP in Jun 2023, compared with the ratio of 100.9 % in the previous quarter.
- Canada household debt to GDP ratio is updated quarterly, available from Mar 1969 to Jun 2023.
- The data reached an all-time high of 111.8 % 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 2,184.3 USD bn in Jul 2023.
- Money Supply M2 in Canada increased 2.3 % YoY in Jun 2023.
- Canada Foreign Exchange Reserves was measured at 86.5 USD bn in Aug 2023.
- The Foreign Exchange Reserves equaled 1.9 Months of Import in Jul 2023.
- Canada Domestic Credit reached 4,678.7 USD bn in Jul 2023, representing an increased of 3.0 % YoY.
- The country's Non Performing Loans Ratio stood at 0.4 % in Mar 2023, compared with the ratio of 0.3 % in the previous quarter.
View Canada's Household Debt: % of GDP from Mar 1969 to Jun 2023 in the chart:
What was Canada's Household Debt: % of GDP in Jun 2023?
Canada household debt accounted for 102.1 % of the country's Nominal GDP in Jun 2023, compared with the ratio of 100.9 % in the previous quarter. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
102.1 Jun 2023 | 100.9 Mar 2023 | 30.0 Mar 1969 | 111.8 Dec 2020 | % | quarterly | Mar 1969 - Jun 2023 |
Household Debt: % of GDP by Country Comparison
Buy Selected Data
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 11.8 Mar 2023 | quarterly | Dec 2008 - Mar 2023 |
Argentina (%) | 3.9 Jun 2023 | quarterly | Dec 2004 - Jun 2023 |
Armenia (%) | 24.3 Jun 2023 | quarterly | Dec 2000 - Jun 2023 |
Australia (%) | 116.6 Mar 2023 | quarterly | Jun 1988 - Mar 2023 |
Austria (%) | 47.4 Mar 2023 | quarterly | Mar 1999 - Mar 2023 |
Azerbaijan (%) | 8.8 Mar 2023 | quarterly | Mar 2005 - Mar 2023 |
Belarus (%) | 7.5 Jun 2023 | quarterly | Dec 2006 - Jun 2023 |
Belgium (%) | 61.4 Mar 2023 | quarterly | Dec 1992 - Mar 2023 |
Bolivia (%) | 11.3 Dec 2022 | quarterly | Sep 2010 - Dec 2022 |
Bosnia and Herzegovina (%) | 23.7 Mar 2023 | quarterly | Dec 2008 - Mar 2023 |
Botswana (%) | 19.5 Mar 2023 | quarterly | Dec 2002 - Mar 2023 |
Brunei (%) | 12.4 Mar 2023 | quarterly | Dec 2013 - Mar 2023 |
Bulgaria (%) | 29.4 2021 | yearly | 1995 - 2021 |
Cambodia (%) | 36.0 2022 | yearly | 2008 - 2022 |
Canada (%) | 102.1 Jun 2023 | quarterly | Mar 1969 - Jun 2023 |
Chile (%) | 40.3 Jun 2023 | quarterly | Mar 2009 - Jun 2023 |
China (%) | 63.3 Mar 2023 | quarterly | Mar 2007 - Mar 2023 |
Colombia (%) | 34.7 Mar 2023 | quarterly | Dec 2015 - Mar 2023 |
Croatia (%) | 33.1 Dec 2022 | quarterly | Mar 2012 - Dec 2022 |
Cyprus (%) | 101.2 2021 | yearly | 1995 - 2021 |
Czech Republic (%) | 37.2 Mar 2023 | quarterly | Mar 2004 - Mar 2023 |
Denmark (%) | 86.8 2022 | yearly | 1994 - 2022 |
Ecuador (%) | 15.6 Mar 2023 | quarterly | Dec 2006 - Mar 2023 |
Egypt (%) | 8.8 Dec 2022 | quarterly | Dec 2002 - Dec 2022 |
Estonia (%) | 37.4 Mar 2023 | quarterly | Dec 2003 - Mar 2023 |
European Union (%) | 48.0 Jun 2023 | quarterly | Sep 1997 - Jun 2023 |
Finland (%) | 75.4 2022 | yearly | 1995 - 2022 |
France (%) | 74.8 2022 | yearly | 1995 - 2022 |
Georgia (%) | 36.9 Mar 2023 | quarterly | Mar 2001 - Mar 2023 |
Germany (%) | 54.3 Mar 2023 | quarterly | Dec 1991 - Mar 2023 |
Greece (%) | 47.3 Mar 2023 | quarterly | Dec 1997 - Mar 2023 |
Hong Kong SAR, China (%) | 96.0 Mar 2023 | quarterly | Mar 1982 - Mar 2023 |
Hungary (%) | 20.5 Jun 2023 | quarterly | Dec 1995 - Jun 2023 |
Iceland (%) | 75.8 Jun 2023 | quarterly | Dec 1995 - Jun 2023 |
India (%) | 14.7 2023 | yearly | 1998 - 2023 |
Indonesia (%) | 9.3 Jun 2023 | quarterly | Dec 2010 - Jun 2023 |
Ireland (%) | 27.9 Mar 2023 | quarterly | Mar 2002 - Mar 2023 |
Israel (%) | 42.9 Jun 2023 | quarterly | Dec 1995 - Jun 2023 |
Italy (%) | 52.3 Mar 2023 | quarterly | Dec 1995 - Mar 2023 |
Japan (%) | 67.2 Jun 2023 | quarterly | Dec 1997 - Jun 2023 |
Jordan (%) | 86.3 Mar 2023 | quarterly | Mar 2002 - Mar 2023 |
Kazakhstan (%) | 13.7 Dec 2022 | quarterly | Dec 1997 - Dec 2022 |
South Korea (%) | 104.5 Mar 2023 | quarterly | Dec 2002 - Mar 2023 |
Kosovo (%) | 18.6 Mar 2023 | quarterly | Dec 2010 - Mar 2023 |
Kuwait (%) | 1.5 Dec 2020 | quarterly | Dec 2010 - Dec 2020 |
Kyrgyzstan (%) | 6.5 Jun 2023 | quarterly | Dec 2000 - Jun 2023 |
Latvia (%) | 19.5 Mar 2023 | quarterly | Mar 2004 - Mar 2023 |
Lithuania (%) | 24.2 Mar 2023 | quarterly | Dec 1995 - Mar 2023 |
Luxembourg (%) | 66.2 Mar 2023 | quarterly | Dec 1995 - Mar 2023 |
Macau SAR, China (%) | 138.2 Jun 2023 | quarterly | Dec 2001 - Jun 2023 |
North Macedonia (%) | 26.5 Jun 2023 | quarterly | Mar 2003 - Jun 2023 |
Malawi (%) | 0.3 2011 | yearly | 2006 - 2011 |
Malaysia (%) | 81.0 2022 | yearly | 2002 - 2022 |
Malta (%) | 43.9 Jun 2023 | quarterly | Dec 2003 - Jun 2023 |
Mauritius (%) | 20.6 Jun 2018 | quarterly | Mar 2009 - Jun 2018 |
Mexico (%) | 16.2 Jun 2023 | quarterly | Dec 2000 - Jun 2023 |
Mongolia (%) | 22.7 Jun 2023 | quarterly | Mar 2004 - Jun 2023 |
Montenegro (%) | 26.4 Mar 2023 | quarterly | Dec 2010 - Mar 2023 |
Morocco (%) | 25.3 2022 | yearly | 2001 - 2022 |
Netherlands (%) | 96.0 Mar 2023 | quarterly | Mar 1999 - Mar 2023 |
New Zealand (%) | 93.3 Mar 2023 | quarterly | Dec 1990 - Mar 2023 |
Norway (%) | 85.1 Jun 2023 | quarterly | Dec 1995 - Jun 2023 |
Panama (%) | 42.6 Sep 2022 | quarterly | Dec 2007 - Sep 2022 |
Peru (%) | 17.1 Jun 2023 | quarterly | Mar 2001 - Jun 2023 |
Philippines (%) | 10.1 Jun 2023 | quarterly | Mar 2009 - Jun 2023 |
Poland (%) | 25.7 Mar 2023 | quarterly | Dec 2003 - Mar 2023 |
Portugal (%) | 72.5 Mar 2023 | quarterly | Dec 1999 - Mar 2023 |
Romania (%) | 16.3 Dec 2022 | quarterly | Mar 2007 - Dec 2022 |
Russia (%) | 20.2 Jun 2023 | quarterly | Dec 2000 - Jun 2023 |
Saudi Arabia (%) | 11.5 Jun 2023 | quarterly | Dec 2003 - Jun 2023 |
Serbia (%) | 19.9 Mar 2023 | quarterly | Dec 2003 - Mar 2023 |
Singapore (%) | 55.7 Jun 2023 | quarterly | Mar 1995 - Jun 2023 |
Slovakia (%) | 48.3 Mar 2023 | quarterly | Mar 2004 - Mar 2023 |
Slovenia (%) | 27.6 Mar 2023 | quarterly | Mar 2004 - Mar 2023 |
South Africa (%) | 40.8 Mar 2023 | quarterly | Mar 1969 - Mar 2023 |
Spain (%) | 54.6 Mar 2023 | quarterly | Dec 1989 - Mar 2023 |
Sri Lanka (%) | 7.6 Mar 2023 | quarterly | Dec 2010 - Mar 2023 |
Sweden (%) | 88.9 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
Switzerland (%) | 128.8 2022 | yearly | 1999 - 2022 |
Syria (%) | 14.6 2011 | yearly | 2004 - 2011 |
Taiwan (%) | 91.5 2021 | yearly | 2000 - 2021 |
Thailand (%) | 86.3 Mar 2023 | quarterly | Mar 2003 - Mar 2023 |
Tunisia (%) | 0.0 2020 | yearly | 2007 - 2020 |
Turkey (%) | 11.9 Mar 2023 | quarterly | Dec 2014 - Mar 2023 |
Ukraine (%) | 4.3 Dec 2022 | quarterly | Dec 2002 - Dec 2022 |
United Arab Emirates (%) | 106.2 2021 | yearly | 2013 - 2021 |
United Kingdom (%) | 88.0 Mar 2023 | quarterly | Mar 1987 - Mar 2023 |
United States (%) | 64.8 Jun 2023 | quarterly | Mar 1999 - Jun 2023 |
Uruguay (%) | 10.5 Jun 2023 | quarterly | Dec 2005 - Jun 2023 |
Venezuela (%) | 3.4 2017 | yearly | 2004 - 2017 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doCanada Key Series
Buy Selected Data
Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -1.7 Jun 2023 | quarterly | Jun 1993 - Jun 2023 |
Consolidated Fiscal Balance (USD mn) | 1,584.375 Jun 2023 | monthly | May 1992 - Jun 2023 |
Tax Revenue (USD mn) | 23,119.073 Jun 2023 | monthly | Jan 1996 - Jun 2023 |
Tax Revenue: % of GDP (%) | 13.1 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
National Government Debt (USD mn) | 1,376,171.5 2023 | yearly | 1962 - 2023 |
Government Debt: % of GDP (%) | 66.4 2023 | yearly | 1962 - 2023 |
Forecast: Government Expenditure (CAD bn) | 1,403.695 2028 | yearly | 1980 - 2028 |
Forecast: Government Net Debt (CAD bn) | 3,127.329 2028 | yearly | 1980 - 2028 |
Forecast: Government Revenue (CAD bn) | 1,404.401 2028 | yearly | 1980 - 2028 |
Budgetary Balance: Deficit or Surplus (CAD mn) | 2,105.000 Jun 2023 | monthly | May 1992 - Jun 2023 |
Budgetary Revenue (CAD mn) | 37,617.000 Jun 2023 | monthly | May 1992 - Jun 2023 |
Budgetary Expense (CAD mn) | -35,512.000 Jun 2023 | monthly | May 1992 - Jun 2023 |
Budgetary Revenue: TR: Excise Taxes & Duties (CAD mn) | 5,804.000 Jun 2023 | monthly | Jan 1996 - Jun 2023 |
Budgetary Revenue: Tax Revenues (TR) (CAD mn) | 30,716.000 Jun 2023 | monthly | Jan 1996 - Jun 2023 |
FIN Forecast: Budgetary Revenue (CAD mn) | 542,400.000 2028 | yearly | 1996 - 2028 |
FIN Forecast: Budgetary Expense (CAD mn) | 535,500.000 2028 | yearly | 1996 - 2028 |
FIN Forecast: Budgetary Balance (CAD mn) | 4,500.000 2028 | yearly | 1996 - 2028 |
FIN Forecast: Budgetary Revenue: Tax: Excise Taxes & Duties (ET) (CAD mn) | 71,400.000 2027 | yearly | 2000 - 2027 |
Net Financing Activities (CAD mn) | -6,116.000 Jun 2023 | monthly | Jan 1996 - Jun 2023 |
FIN Forecast: Federal Debt (CAD mn) | 1,246,700.000 2028 | yearly | 1997 - 2028 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 2.597 2028 | yearly | 1980 - 2028 |
Trade Balance (USD mn) | -747.4 Jul 2023 | monthly | Jan 1988 - Jul 2023 |
Total Exports (USD mn) | 45,732.1 Jul 2023 | monthly | Jan 1988 - Jul 2023 |
Total Exports Growth (%) | -9.1 Jul 2023 | monthly | Jan 1989 - Jul 2023 |
Aluminum: Exports (USD th) | 11,552,234.816 2022 | yearly | 1995 - 2022 |
Exports: Medicament (USD th) | 9,821,982.309 2022 | yearly | 1995 - 2022 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 1,079,544.056 2022 | yearly | 1995 - 2022 |
Total Imports (USD mn) | 46,479.5 Jul 2023 | monthly | Jan 1988 - Jul 2023 |
Total Imports Growth (%) | -5.2 Jul 2023 | monthly | Jan 1989 - Jul 2023 |
Imports: Medicament (USD th) | 11,462,582.313 2022 | yearly | 1995 - 2022 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 9,439,260.899 2022 | yearly | 1995 - 2022 |
Total Exports to USA (USD mn) | 35,888.124 Jul 2023 | monthly | Jan 1988 - Jul 2023 |
Total Imports from USA (USD mn) | 30,300.583 Jul 2023 | monthly | Jan 1997 - Jul 2023 |
Total Exports to China (USD mn) | 1,844.372 Jul 2023 | monthly | Jan 1997 - Jul 2023 |
Total Imports from China (USD mn) | 2,943.608 Jul 2023 | monthly | Jan 1997 - Jul 2023 |
Coal Exports (kton) | 2,448.000 Jul 2023 | monthly | Jan 1977 - Jul 2023 |
Imports: Value: HS: Photosensitive Semiconductor Devices, Light Emitting Diodes ... (CAD th) | 9,333.600 Jul 2023 | monthly | Jan 2022 - Jul 2023 |
Imports: Value: HS: Photosensitive Semiconductor Devices, Photovoltaic Cells ass... (CAD th) | 31,733.901 Jul 2023 | monthly | Jan 2022 - Jul 2023 |
Import Value (Val): HS: Iron and Steel (IS) (CAD th) | 1,069,824.243 Jul 2023 | monthly | Jan 1988 - Jul 2023 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 0.4 Mar 2023 | quarterly | Mar 2005 - Mar 2023 |
Household Debt: % of GDP (%) | 102.1 Jun 2023 | quarterly | Mar 1969 - Jun 2023 |
Money Supply M1 (USD mn) | 1,148,010.638 Jul 2023 | monthly | Mar 1975 - Jul 2023 |
Money Supply M2 (USD mn) | 1,841,556.231 Jul 2023 | monthly | Jan 1968 - Jul 2023 |
M2 Growth (%) | 2.6 Jul 2023 | monthly | Jan 1969 - Jul 2023 |
Foreign Exchange Reserves (USD mn) | 86,550.0 Aug 2023 | monthly | Jun 1999 - Aug 2023 |
Foreign Exchange Reserves: % of GDP (%) | 4.127 Jun 2023 | quarterly | Jun 1999 - Jun 2023 |
Foreign Exchange Reserves: Months of Import (NA) | 1.9 Jul 2023 | monthly | Jun 1999 - Jul 2023 |
Gold Reserves (USD mn) | 0.000 Aug 2023 | monthly | Dec 1956 - Aug 2023 |
Total Deposits (USD mn) | 4,351,793.441 Jul 2023 | monthly | Jan 2009 - Jul 2023 |
Total Deposits Growth (%) | 6.5 Jul 2023 | monthly | Jan 2010 - Jul 2023 |
Domestic Credit (USD mn) | 4,678,745.4 Jul 2023 | monthly | Jan 1969 - Jul 2023 |
Domestic Credit Growth (%) | 3.0 Jul 2023 | monthly | Jan 1970 - Jul 2023 |
Debt Service Ratio: Households (%) | 14.100 Mar 2023 | quarterly | Mar 1999 - Mar 2023 |
Debt Service Ratio: Private Non-Financial Sector (%) | 23.800 Mar 2023 | quarterly | Mar 1999 - Mar 2023 |
Credit to Households (USD bn) | 2,110.226 Mar 2023 | quarterly | Mar 1969 - Mar 2023 |
Credit to Private Non-Financial Sector (USD bn) | 4,484.801 Mar 2023 | quarterly | Mar 1954 - Mar 2023 |
Household Debt (USD mn) | 2,184,300.9 Jul 2023 | monthly | Jan 1969 - Jul 2023 |
Total Loans (USD mn) | 3,174,272.796 Jul 2023 | monthly | Jan 1969 - Jul 2023 |
Total Loans Growth (%) | 4.40 Jul 2023 | monthly | Jan 1970 - Jul 2023 |
Private Debt: % of Nominal GDP (%) | 218.99 Jun 2023 | quarterly | Mar 1969 - Jun 2023 |
Money Supply: M2+: M2: Gross (CAD mn) | 2,433,559.000 Jul 2023 | monthly | Jan 1968 - Jul 2023 |
Money Supply: M1+: Gross: sa (CAD mn) | 1,510,782.000 Jul 2023 | monthly | Mar 1975 - Jul 2023 |
Money Supply: M1+: Gross (CAD mn) | 1,510,883.000 Jul 2023 | monthly | Mar 1975 - Jul 2023 |
Money Supply: M3: Gross (CAD mn) | 3,498,614.000 Jul 2023 | monthly | Jan 1970 - Jul 2023 |
Money Supply: M3: Gross: sa (CAD mn) | 3,493,917.000 Jul 2023 | monthly | Jan 1970 - Jul 2023 |
Money Supply: M2+: M2: Gross: sa (CAD mn) | 2,423,488.000 Jul 2023 | monthly | Jan 1968 - Jul 2023 |
Official International Reserves (USD mn) | 114,687.000 Aug 2023 | monthly | Dec 1994 - Aug 2023 |
Official International Reserves: Gold (USD mn) | 0.000 Aug 2023 | monthly | Dec 1994 - Aug 2023 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Business Confidence Growth (% Point) | 0.0 Aug 2023 | monthly | Dec 2001 - Aug 2023 |
Purchasing Manager Index: Seasonally Adjusted (NA) | 53.500 Aug 2023 | monthly | Dec 2000 - Aug 2023 |
More Indicators for Canada
Request a demo of CEIC
CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.