Households Debt in Canada decreased to 174.01 percent of gross income in 2019 from 174.05 percent in 2019. Households Debt To Income in Canada averaged 127.13 percent from 1990 until 2019, reaching an all time high of 174.05 percent in the second quarter of 2019 and a record low of 83.56 percent in the first quarter of 1990. source: Statistics Canada
Households Debt To Income in Canada is expected to be 172.48 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 174.80 in 12 months time. In the long-term, the Canada Households Credit Market Debt to Disposable Income is projected to trend around 175.33 percent in 2020, according to our econometric models.