Table 3 
Corporations sector indicators – Not seasonally adjusted 

Corporations sector indicators – Not seasonally adjusted
  First quarter 2024 Second quarter 2024 Third quarter 2024 Fourth quarter 2024 First quarter 2025 Second quarter 2025
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Corporations sector            
Private non-financial corporations total debt to equity (market value) 77.09 77.55 73.56 74.28 75.37 71.63
Private non-financial corporations credit market debt to equity (book value) 56.69 57.70 57.78 59.63 60.03 59.98
Private non-financial corporations total debt (market value) to gross domestic product (GDP) 154.00 152.63 151.92 152.56 154.41 151.80
Private non-financial corporations credit market debt (book value) to GDP 70.90 71.32 71.52 72.26 72.55 72.17
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