Canada Consolidated Fiscal Balance
1992 - 2024 | Monthly | USD mn | CEIC Data
Key information about Canada Consolidated Fiscal Balance
- Canada Consolidated Fiscal Balance registered a surplus equal to 703.306 USD mn in Dec 2024, compared with a deficit equal to 5.878 USD bn in the previous month.
- Canada Consolidated Fiscal Balance data is updated monthly, available from May 1992 to Dec 2024, with an average ratio of -522.699 USD mn.
- The data reached an all-time high of 7.086 USD bn in Feb 2023 and a record low of -32.453 USD bn in Mar 2023.
CEIC converts monthly Consolidated Fiscal Balance into USD. 2. The Department of Finance Canada provides Consolidated Fiscal Balance in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.
View Canada's Consolidated Fiscal Balance from May 1992 to Dec 2024 in the chart:
What was Canada's Consolidated Fiscal Balance in Dec 2024?
Canada Consolidated Fiscal Balance registered a surplus equal to 703.306 USD mn in Dec 2024, compared with a deficit equal to 5.878 USD bn in the previous month. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 703.306 Dec 2024 | -5,877.764 Nov 2024 | -32,452.679 Mar 2023 | 7,085.625 Feb 2023 | USD mn | monthly | May 1992 - Dec 2024 |
Consolidated Fiscal Balance by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | 191.889 Jan 2025 | monthly | Dec 1997 - Jan 2025 |
| Algeria (USD mn) | -5,868.518 2022 | yearly | 1997 - 2022 |
| Argentina (USD mn) | 575.618 Jan 2025 | monthly | Jan 1993 - Jan 2025 |
| Armenia (USD mn) | -362.780 Dec 2024 | monthly | Jan 2008 - Dec 2024 |
| Australia (USD mn) | -12,444.654 Dec 2024 | quarterly | Sep 2002 - Dec 2024 |
| Austria (USD mn) | -4,959.213 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
| Azerbaijan (USD mn) | 1,006.941 Jan 2025 | monthly | Dec 2004 - Jan 2025 |
| Bahrain (USD mn) | -2,201.763 2023 | yearly | 1990 - 2023 |
| Bangladesh (USD mn) | 645.167 Dec 2024 | monthly | Jul 2008 - Dec 2024 |
| Belarus (USD mn) | 404.854 Sep 2021 | quarterly | Dec 2005 - Sep 2021 |
| Belgium (USD mn) | -28,081.402 2023 | yearly | 1970 - 2023 |
| Bolivia (USD mn) | -4,372.649 2023 | yearly | 1990 - 2023 |
| Bosnia and Herzegovina (%) | 2.755 Sep 2024 | quarterly | Dec 2008 - Sep 2024 |
| Botswana (USD mn) | -37.355 Jun 2023 | monthly | Apr 2007 - Jun 2023 |
| Brazil (USD mn) | -3,892.594 Dec 2024 | monthly | Jan 1997 - Dec 2024 |
| Brunei (USD mn) | -1,794.468 2023 | yearly | 2003 - 2023 |
| Bulgaria (%) | -3.032 Dec 2024 | quarterly | Sep 2003 - Dec 2024 |
| Cambodia (USD mn) | -52.271 Jul 2024 | monthly | Jan 2007 - Jul 2024 |
| Canada (USD mn) | 703.306 Dec 2024 | monthly | May 1992 - Dec 2024 |
| Chile (USD mn) | -7,629.972 2023 | yearly | 1990 - 2023 |
| China (USD mn) | -259,137.171 Dec 2024 | monthly | Jan 1995 - Dec 2024 |
| Colombia (USD mn) | -21,992.937 Mar 2024 | quarterly | Mar 1995 - Mar 2024 |
| Croatia (USD mn) | -963.223 Dec 2019 | quarterly | Mar 2015 - Dec 2019 |
| Cyprus (USD mn) | 587.030 Jan 2025 | monthly | Jan 2014 - Jan 2025 |
| Czech Republic (USD mn) | -1,500.246 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Denmark (USD mn) | 3,083.691 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Ecuador (USD mn) | -877.036 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Egypt (USD mn) | -11,348.296 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| Estonia (USD mn) | -37.473 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| European Union (USD mn) | -650,538.637 2023 | yearly | 1999 - 2023 |
| Finland (USD mn) | -3,490.020 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
| France (USD mn) | -52,128.785 Sep 2024 | quarterly | Mar 1957 - Sep 2024 |
| Georgia (USD mn) | -31.928 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
| Germany (USD mn) | -36,143.132 Dec 2024 | quarterly | Mar 1991 - Dec 2024 |
| Ghana (USD mn) | -305.559 Jun 2024 | monthly | Jan 2008 - Jun 2024 |
| Greece (USD mn) | 3,590.200 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Hong Kong SAR, China (USD mn) | 2,363.908 Jan 2025 | monthly | Oct 1998 - Jan 2025 |
| Hungary (USD mn) | -1,730.421 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Iceland (USD mn) | -269.054 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| India (USD mn) | 29,612.520 Jan 2025 | monthly | Apr 1997 - Jan 2025 |
| Indonesia (USD mn) | -474.357 Feb 2025 | monthly | Jan 2014 - Feb 2025 |
| Iran (USD mn) | -13,054.478 Mar 2020 | quarterly | Jun 2005 - Mar 2020 |
| Ireland (USD mn) | 17,481.759 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Israel (USD mn) | -1,720.668 Feb 2025 | monthly | Jan 1999 - Feb 2025 |
| Italy (USD mn) | -13,670.674 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Ivory Coast (USD mn) | -4,144.453 2023 | yearly | 1960 - 2023 |
| Japan (USD mn) | -331,330.503 2023 | yearly | 1995 - 2023 |
| Jordan (USD mn) | 418.759 2018 | yearly | 1999 - 2018 |
| Kazakhstan (USD mn) | -116.653 Jan 2025 | monthly | Nov 2007 - Jan 2025 |
| Kenya (%) | -2.047 Sep 2024 | quarterly | Dec 2009 - Sep 2024 |
| South Korea (USD mn) | 9,321.082 Jan 2025 | monthly | Jul 1999 - Jan 2025 |
| Kosovo (USD mn) | 49.040 Oct 2023 | monthly | Jan 2006 - Oct 2023 |
| Kuwait (USD mn) | -5,077.511 2023 | yearly | 1988 - 2023 |
| Kyrgyzstan (USD mn) | 85.734 Jan 2025 | monthly | Jan 2007 - Jan 2025 |
| Laos (USD mn) | 96.753 2023 | yearly | 2010 - 2023 |
| Latvia (USD mn) | 330.230 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Lebanon (USD mn) | 405.307 Dec 2021 | monthly | Jan 1998 - Dec 2021 |
| Lithuania (USD mn) | -144.952 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Luxembourg (%) | -0.696 2023 | yearly | 1995 - 2023 |
| Macau SAR, China (%) | 7.368 Sep 2024 | quarterly | Dec 2003 - Sep 2024 |
| North Macedonia (USD mn) | -764.028 2024 | yearly | 2009 - 2024 |
| Malawi (USD mn) | -3.829 Jan 2025 | monthly | Oct 2005 - Jan 2025 |
| Malaysia (USD mn) | -23,593.390 2023 | yearly | 1970 - 2023 |
| Malta (USD mn) | 31.881 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Mauritius (%) | -6.322 Mar 2024 | quarterly | Dec 2010 - Mar 2024 |
| Mexico (USD mn) | -945.559 Jan 2025 | monthly | Jan 1977 - Jan 2025 |
| Moldova (USD mn) | -857.251 2023 | yearly | 1998 - 2023 |
| Mongolia (USD mn) | -143.592 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
| Montenegro (USD mn) | 2.142 Jan 2025 | monthly | Jan 2012 - Jan 2025 |
| Morocco (USD mn) | -2,107.526 Feb 2025 | monthly | Jan 2000 - Feb 2025 |
| Mozambique (USD mn) | 388.757 Dec 2016 | quarterly | Mar 2002 - Dec 2016 |
| Myanmar (USD mn) | -5,489.382 2021 | yearly | 1980 - 2021 |
| Nepal (USD mn) | -271.398 Dec 2024 | quarterly | Mar 2017 - Dec 2024 |
| Netherlands (USD mn) | 5,295.575 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| New Zealand (USD mn) | -151.235 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
| Nigeria (USD mn) | -2,078.997 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Norway (USD mn) | 12,674.664 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| Oman (USD mn) | 114.434 Oct 2024 | monthly | Jun 2003 - Oct 2024 |
| Pakistan (USD mn) | -13,794.405 2024 | yearly | 1991 - 2024 |
| Palestinian Territory (USD mn) | -619.800 2020 | yearly | 2010 - 2020 |
| Panama (USD mn) | -6,416.100 2024 | yearly | 2003 - 2024 |
| Paraguay (USD mn) | 19.762 Jan 2025 | monthly | Jan 2003 - Jan 2025 |
| Peru (USD mn) | -4,443.115 Dec 2024 | quarterly | Mar 1990 - Dec 2024 |
| Philippines (USD mn) | -5,637.507 Dec 2024 | monthly | Jan 1985 - Dec 2024 |
| Poland (USD mn) | -42,804.298 2023 | yearly | 1995 - 2023 |
| Portugal (USD mn) | 4,773.494 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Qatar (USD mn) | 247.253 Dec 2024 | quarterly | Mar 2011 - Dec 2024 |
| Romania (%) | -8.647 Dec 2024 | quarterly | Dec 2004 - Dec 2024 |
| Russia (USD mn) | -53,330.331 Dec 2024 | monthly | Jan 1993 - Dec 2024 |
| Saudi Arabia (USD mn) | -30,833.284 2024 | yearly | 1969 - 2024 |
| Serbia (USD mn) | 167.019 Jan 2025 | monthly | Jan 2005 - Jan 2025 |
| Singapore (USD mn) | -675.584 Jan 2025 | monthly | Apr 2011 - Jan 2025 |
| Slovakia (USD mn) | -167.767 Jan 2025 | monthly | Jan 2005 - Jan 2025 |
| Slovenia (USD mn) | 202.815 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
| South Africa (USD mn) | -3,349.311 Jan 2025 | monthly | Jan 1990 - Jan 2025 |
| Spain (USD mn) | 10,239.818 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Sri Lanka (%) | -5.559 Sep 2024 | quarterly | Dec 2014 - Sep 2024 |
| Sudan (USD mn) | -196.813 2021 | yearly | 2001 - 2021 |
| Sweden (USD mn) | -3,650.675 2023 | yearly | 1995 - 2023 |
| Switzerland (USD mn) | 5,409.013 2024 | yearly | 1990 - 2024 |
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Learn more about what we doCanada Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.6 Dec 2024 | quarterly | Jun 1993 - Dec 2024 |
| Consolidated Fiscal Balance (USD mn) | 703.306 Dec 2024 | monthly | May 1992 - Dec 2024 |
| Tax Revenue (USD mn) | 26,706.675 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| Tax Revenue: % of GDP (%) | 13.0 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| National Government Debt (USD mn) | 1,519,779.9 2024 | yearly | 1962 - 2024 |
| Government Debt: % of GDP (%) | 69.4 2024 | yearly | 1962 - 2024 |
| Forecast: Government Expenditure (CAD bn) | 1,546.047 2029 | yearly | 1980 - 2029 |
| Forecast: Government Net Debt (CAD bn) | 3,127.329 2028 | yearly | 1980 - 2028 |
| Forecast: Government Revenue (CAD bn) | 1,523.743 2029 | yearly | 1980 - 2029 |
| Budgetary Revenue (CAD mn) | 44,335.000 Dec 2024 | monthly | May 1992 - Dec 2024 |
| Budgetary Expense (CAD mn) | -43,333.000 Dec 2024 | monthly | May 1992 - Dec 2024 |
| Budgetary Revenue: TR: Excise Taxes & Duties (CAD mn) | 6,472.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| Budgetary Balance: Deficit or Surplus (CAD mn) | 1,002.000 Dec 2024 | monthly | May 1992 - Dec 2024 |
| Budgetary Revenue: Tax Revenues (TR) (CAD mn) | 38,049.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| FIN Forecast: Budgetary Revenue (CAD mn) | 612,800.000 2030 | yearly | 1996 - 2030 |
| FIN Forecast: Budgetary Expense (CAD mn) | 643,700.000 2030 | yearly | 1996 - 2030 |
| FIN Forecast: Budgetary Balance (CAD mn) | -23,000.000 2030 | yearly | 1996 - 2030 |
| FIN Forecast: Budgetary Revenue: Tax: Excise Taxes & Duties (ET) (CAD mn) | 84,700.000 2030 | yearly | 2000 - 2030 |
| Net Financing Activities (CAD mn) | 18,326.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| FIN Forecast: Federal Debt (CAD mn) | 1,435,700.000 2030 | yearly | 1997 - 2030 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 3.003 2029 | yearly | 1980 - 2029 |
| Trade Balance (USD mn) | 2,760.8 Jan 2025 | monthly | Jan 1988 - Jan 2025 |
| Total Exports (USD mn) | 51,751.0 Jan 2025 | monthly | Jan 1988 - Jan 2025 |
| Total Exports Growth (%) | 20.3 Jan 2025 | monthly | Jan 1989 - Jan 2025 |
| Aluminum: Exports (USD th) | 10,038,642.351 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 8,523,307.384 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 1,163,157.014 2023 | yearly | 1995 - 2023 |
| Total Imports (USD mn) | 48,990.2 Jan 2025 | monthly | Jan 1988 - Jan 2025 |
| Total Imports Growth (%) | 14.1 Jan 2025 | monthly | Jan 1989 - Jan 2025 |
| Imports: Medicament (USD th) | 11,834,156.934 2023 | yearly | 1995 - 2023 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 7,945,480.562 2023 | yearly | 1995 - 2023 |
| Total Exports to USA (USD mn) | 40,444.298 Jan 2025 | monthly | Jan 1988 - Jan 2025 |
| Total Imports from USA (USD mn) | 30,440.336 Jan 2025 | monthly | Jan 1997 - Jan 2025 |
| Total Exports to China (USD mn) | 2,133.435 Jan 2025 | monthly | Jan 1997 - Jan 2025 |
| Total Imports from China (USD mn) | 3,731.323 Jan 2025 | monthly | Jan 1997 - Jan 2025 |
| Coal Exports (kton) | 2,125.000 Nov 2024 | monthly | Jan 1977 - Nov 2024 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Photovoltaic Cells ass... (CAD th) | 4,954.608 Dec 2024 | monthly | Jan 2022 - Dec 2024 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Light Emitting Diodes ... (CAD th) | 9,394.499 Dec 2024 | monthly | Jan 2022 - Dec 2024 |
| Import Value (Val): HS: Iron and Steel (IS) (CAD th) | 844,825.938 Jan 2025 | monthly | Jan 1988 - Jan 2025 |
| Import Value Index (2015=100) | 117.179 2021 | yearly | 1995 - 2021 |
| Export Value Index (2015=100) | 123.790 2021 | yearly | 1995 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.6 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Household Debt: % of GDP (%) | 99.0 Dec 2024 | quarterly | Mar 1969 - Dec 2024 |
| Money Supply M1 (USD mn) | 1,118,688.194 Dec 2024 | monthly | Mar 1975 - Dec 2024 |
| Money Supply M2 (USD mn) | 1,832,025.000 Dec 2024 | monthly | Jan 1968 - Dec 2024 |
| M2 Growth (%) | 6.1 Dec 2024 | monthly | Jan 1969 - Dec 2024 |
| Foreign Exchange Reserves (USD mn) | 91,801.0 Feb 2025 | monthly | Jun 1999 - Feb 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 4.192 Dec 2024 | quarterly | Jun 1999 - Dec 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.0 Jan 2025 | monthly | Jun 1999 - Jan 2025 |
| Gold Reserves (USD mn) | 0.000 Feb 2025 | monthly | Dec 1956 - Feb 2025 |
| Total Deposits (USD mn) | 4,370,496.703 Dec 2024 | monthly | Jan 2009 - Dec 2024 |
| Total Deposits Growth (%) | 6.1 Dec 2024 | monthly | Jan 2010 - Dec 2024 |
| Domestic Credit (USD mn) | 4,531,668.1 Dec 2024 | monthly | Jan 1969 - Dec 2024 |
| Domestic Credit Growth (%) | 3.9 Dec 2024 | monthly | Jan 1970 - Dec 2024 |
| Debt Service Ratio: Households (%) | 14.400 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 25.200 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Credit to Households (USD bn) | 2,245.143 Sep 2024 | quarterly | Mar 1969 - Sep 2024 |
| Credit to Private Non-Financial Sector (USD bn) | 4,889.449 Sep 2024 | quarterly | Mar 1954 - Sep 2024 |
| Household Debt (USD mn) | 2,110,945.1 Dec 2024 | monthly | Jan 1969 - Dec 2024 |
| Total Loans (USD mn) | 3,076,370.833 Dec 2024 | monthly | Jan 1969 - Dec 2024 |
| Total Loans Growth (%) | 3.38 Dec 2024 | monthly | Jan 1970 - Dec 2024 |
| Private Debt: % of Nominal GDP (%) | 212.62 Dec 2024 | quarterly | Mar 1969 - Dec 2024 |
| Money Supply: M3: Gross (CAD mn) | 3,817,749.000 Dec 2024 | monthly | Jan 1970 - Dec 2024 |
| Money Supply: M1+: Gross: sa (CAD mn) | 1,610,911.000 Dec 2024 | monthly | Mar 1975 - Dec 2024 |
| Money Supply: M2+: M2: Gross: sa (CAD mn) | 2,638,116.000 Dec 2024 | monthly | Jan 1968 - Dec 2024 |
| Money Supply: M3: Gross: sa (CAD mn) | 3,800,470.000 Dec 2024 | monthly | Jan 1970 - Dec 2024 |
| Money Supply: M2+: M2: Gross (CAD mn) | 2,648,681.000 Dec 2024 | monthly | Jan 1968 - Dec 2024 |
| Money Supply: M1+: Gross (CAD mn) | 1,623,406.000 Dec 2024 | monthly | Mar 1975 - Dec 2024 |
| Official International Reserves (USD mn) | 119,595.000 Feb 2025 | monthly | Dec 1994 - Feb 2025 |
| Official International Reserves: Gold (USD mn) | 0.000 Feb 2025 | monthly | Dec 1994 - Feb 2025 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 2.8 Feb 2025 | monthly | Dec 2001 - Feb 2025 |
| Purchasing Manager Index: Seasonally Adjusted (NA) | 55.300 Feb 2025 | monthly | Dec 2000 - Feb 2025 |
More Indicators for Canada
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