US & Canada Debt Statistics 2026: The Complete Data Reference
A continuously updated reference page tracking household, credit card, and student debt figures for the United States and Canada — sourced directly from the Federal Reserve, Statistics Canada, Experian, and other primary sources. Built for researchers, journalists, and anyone who needs a citable number.
| 🇺🇸 Jump to US Data | 🇨🇦 Jump to Canada Data |
🇺🇸 United States Debt Statistics
| $1.25T Total credit card debt |
21.52% Average credit card APR |
53% Carry a balance monthly |
$1.66T Total student loan debt |
| Metric | Figure | Source |
|---|---|---|
| Total US household debt | $18.39 trillion | Fed NY, Q1 2026 |
| Total credit card debt | $1.25 trillion | Fed NY, Q1 2026 |
| Average credit card APR | 21.52% | Federal Reserve G.19, Q1 2026 |
| National average balance (per person carrying a balance) | $6,735 | Experian, Sep 2025 |
| Average balance — Gen X (highest of any generation) | $9,600 | Experian, Sep 2025 |
| Average balance — Millennials | $6,961 | Experian, Sep 2025 |
| Average balance — Baby Boomers | $6,795 | Experian, Sep 2025 |
| Average balance — Gen Z | $3,493 | Experian, Sep 2025 |
| Average balance — Silent Generation | $3,445 | Experian, Sep 2025 |
| Share of cardholders carrying a monthly balance | 53% | Bankrate, 2026 |
| Total student loan debt | $1.66 trillion | Fed NY, Q1 2026 |
| Average student loan balance | $38,375 | Federal Reserve, 2025 |
| Current federal student loan rate | 6.53% | Bankrate, 2026 |
| Average personal loan APR range | 6%–36% | Bankrate, 2026 |
🇨🇦 Canada Debt Statistics
| $3.2T Total household credit market debt |
177.2% Debt-to-income ratio |
14.6% Debt service ratio |
$18.6T Household net worth |
| Metric | Figure | Source |
|---|---|---|
| Total household credit market debt | $3.2 trillion | Statistics Canada, Q4 2025 |
| Household debt-to-disposable-income ratio | 177.2% | Statistics Canada, Q4 2025 |
| Household debt service ratio (principal + interest payments) | 14.57% | Statistics Canada, Q4 2025 |
| YoY growth in household credit market debt | +4.4% | Statistics Canada, Q4 2025 |
| Household net worth | $18.6 trillion | Statistics Canada, Q4 2025 |
| Household credit market borrowing (Q4 2025, seasonally adjusted) | $36.2 billion | Statistics Canada, Q4 2025 |
| Mortgage borrowing (Q4 2025) | $28.7 billion | Statistics Canada, Q4 2025 |
| Debt-to-income ratio — households aged 35-44 (highest of any age group) | 245.8% | Statistics Canada, Q4 2025 |
| Debt-to-income ratio — youngest households (under 35) | 166.0% | Statistics Canada, Q4 2025 |
Methodology & How to Cite This Page
How these figures are compiled
Every figure on this page is pulled directly from primary sources — government agencies, central banks, and major credit bureaus — never from secondary aggregator sites. Each row links to the specific report and reporting period it came from.
- US data: Federal Reserve Bank of New York Household Debt and Credit Report, Federal Reserve G.19 release, Experian generational debt studies, Bankrate rate surveys.
- Canada data: Statistics Canada National Balance Sheet and Financial Flow Accounts, released quarterly.
- Update cadence: This page is reviewed and refreshed each time new quarterly data is released by the source agencies (typically within 2-4 weeks of official publication).
To cite a figure from this page: “According to [original source], [figure] — DebtRoute.com Debt Statistics Hub.” We ask that citations link back to this page so readers can verify the original source and reporting period.
For Journalists & Researchers
Need a specific figure verified, a custom breakdown, or a quote on debt trends? Reach out at contact@debtroute.com — we’re happy to help point you to the right primary source.
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Sources: Federal Reserve Bank of New York Household Debt and Credit Report (Q1 2026); Federal Reserve G.19 (Q1 2026); Experian “Average Credit Card Debt by Age in 2025” (published Sep 17, 2025); Bankrate 2026 Credit Card and Loan Rate Reports; Statistics Canada National Balance Sheet and Financial Flow Accounts, Q4 2025 (released March-April 2026). This page is updated periodically; figures reflect the most recent data available as of the date noted above.