Canada Household Debt: % of GDP

Key information about Canada Household Debt: % of GDP

• Canada household debt accounted for 100.5 % of the country's Nominal GDP in Jun 2024, compared with the ratio of 100.2 % in the previous quarter.
• Canada household debt to GDP ratio is updated quarterly, available from Mar 1969 to Jun 2024.
• The data reached an all-time high of 111.2 % in Dec 2020 and a record low of 30.0 % in Mar 1969.

• In the latest reports, Canada Household Debt reached 2,159.5 USD bn in Jul 2024.
• Money Supply M2 in Canada increased 6.4 % YoY in Jun 2024.
• Canada Foreign Exchange Reserves was measured at 97.2 USD bn in Aug 2024.
• The Foreign Exchange Reserves equaled 2.0 Months of Import in Jul 2024.
• Canada Domestic Credit reached 4,602.8 USD bn in Jul 2024, representing an increased of 2.5 % YoY.
• The country's Non Performing Loans Ratio stood at 0.5 % in Mar 2024, compared with the ratio of 0.5 % in the previous quarter.

View Canada's Household Debt: % of GDP from Mar 1969 to Jun 2024 in the chart:

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What was Canada's Household Debt: % of GDP in Jun 2024?

Canada household debt accounted for 100.5 % of the country's Nominal GDP in Jun 2024, compared with the ratio of 100.2 % in the previous quarter. See the table below for more data.

Household Debt: % of GDP by Country Comparison

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