2026-04-25 10:27 UTC
The USA’s debt is about 30 times greater than Canada’s debt. Canada’s total debt is actually lower than the USA’s annual federal deficit. Canada’s debt to GDP ratio is far better than the U.S.’s at about 10% compared to over 100%.
Did you specifically mean household debt?
Replies (1)
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@CanIFishHere@lemmy.ca 2026-04-25 14:41
If you lookup debt as a percentage of gdp USA - 88.454% Canada - 136% If you compare debt by capita: USA - $75.8K per person Canada - $76.4K per person I'm using numbers from here: https://worldpopulationreview.com/country-rankings/countries-by-national-debt Which source is telling you USA debt is 30 times greater?