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Canada debt
Canada ranks #6 in the world by debt-to-GDP and carries an estimated $7.2T in combined government, household and corporate debt.
Total debt
$7.2T
Debt per citizen
$179,551
Debt to GDP
107.4%
5Y growth
+14.2%
Sector breakdown
Government
$2.3T
31.9% of total
Household
$2.5T
34.7% of total
Corporate
$2.4T
33.3% of total
Comparison to global average
Canada debt per person$179,551
Global average per person$39,406
Versus global average+356%
Interesting facts about Canada
- → Combined debt equals 107.4% of national GDP.
- → Each citizen — including children — carries roughly $179,551 of debt.
- → Debt has grown +14.2% over the past five years.
- → Population: 40.1M · GDP: $2.1T