Total household liabilities rose 7.51% to USD 1,903 bil in Canada in 2020, according to OECD.
Historically, total household liabilities in Canada reached an all time high of USD 1,903 bil in 2020 and an all time low of USD 329 bil in 1990. When compared to Canada's main peers, total household liabilities in Australia amounted to USD 1,869 bil, USD 211 bil in Mexico, USD 2,571 bil in United Kingdom and USD 16,506 bil in USA in 2020.
Canada has been ranked 6th within the group of 33 countries we follow in terms of total household liabilities, 1 place below the position seen 10 years ago.
| Total Household Liabilities (USD) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| Australia | USD bil | 1,435 | 1,513 | 1,726 | 1,633 | 1,664 | ... | |||||||||||||||
| Belgium | USD bil | 265 | 267 | 317 | 316 | 330 | ... | |||||||||||||||
| Belize | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0.220 | ... | ... | ... | ... |
| Canada | USD bil | 1,437 | 1,559 | 1,737 | 1,624 | 1,770 | ... | |||||||||||||||
| China | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| France | USD bil | 1,342 | 1,346 | 1,609 | 1,635 | 1,699 | ... | |||||||||||||||
| Germany | USD bil | 1,767 | 1,765 | 2,072 | 2,029 | 2,082 | ||||||||||||||||
| Guatemala | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Honduras | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Indonesia | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 173 | ... | ... | ... | ... |
| Ireland | USD bil | 160 | 151 | 167 | 156 | 150 | ||||||||||||||||
| Japan | USD bil | 2,658 | 2,788 | 2,953 | 3,083 | 3,197 | ||||||||||||||||
| Malaysia | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Mexico | USD bil | ... | ... | ... | ... | ... | ... | ... | 193 | 182 | 208 | 191 | 204 | |||||||||
| New Zealand | USD bil | 123 | 136 | 148 | 149 | 160 | ... | |||||||||||||||
| Papua New Guinea | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| USA | USD bil | 13,971 | 14,385 | 14,929 | 15,388 | 15,882 | ||||||||||||||||
| United Kingdom | USD bil | 2,461 | 2,123 | 2,414 | 2,335 | 2,462 |
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