Private Debt to GDP in Canada decreased to 285.30 percent in 2021 from 305.10 percent in 2020. source: OECD
Private Debt to GDP in Canada averaged 221.69 percent from 1995 until 2021, reaching an all time high of 305.10 percent in 2020 and a record low of 175.60 percent in 1995. Canada Private Debt to GDP - values, historical data and charts - was last updated on February of 2023.
Private Debt to GDP in Canada is expected to reach 275.00 percent by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Private Debt to GDP is projected to trend around 260.00 percent in 2024 and 250.00 percent in 2025, according to our econometric models.