Canada Consolidated Fiscal Balance
Canada Consolidated Fiscal Balance recorded a deficit equal to 16.583 USD bn in Aug 2020, compared with a deficit equal to 20.914 USD bn in the previous month. Canada Consolidated Fiscal Balance data is updated monthly, available from May 1992 to Aug 2020, with an average ratio of -349.543 USD mn. The data reached an all-time high of 4.708 USD bn in Feb 2014 and a record low of -31.443 USD bn in May 2020. 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 Aug 2020 in the chart:
What was Canada's Consolidated Fiscal Balance in Aug 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -16,582.508 Aug 2020 | -20,914.277 Jul 2020 | -31,442.886 May 2020 | 4,707.798 Feb 2014 | USD mn | monthly | May 1992 - Aug 2020 |
Consolidated Fiscal Balance by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | -563.876 Oct 2020 | monthly | Dec 1997 - Oct 2020 |
| Algeria (USD mn) | -14,978.416 2017 | yearly | 1997 - 2017 |
| Argentina (USD mn) | -1,407.644 Oct 2020 | monthly | Jan 1993 - Oct 2020 |
| Armenia (USD mn) | -40.118 Sep 2020 | monthly | Jan 2008 - Sep 2020 |
| Australia (USD mn) | -63,966.960 Jun 2020 | quarterly | Sep 2002 - Jun 2020 |
| Austria (USD mn) | -15,915.561 Jun 2020 | quarterly | Mar 2001 - Jun 2020 |
| Azerbaijan (USD mn) | -302.941 Oct 2020 | monthly | Dec 2004 - Oct 2020 |
| Bahrain (USD mn) | -3,454.188 2017 | yearly | 1990 - 2017 |
| Bangladesh (USD mn) | -1,588.802 May 2020 | monthly | Jul 2008 - May 2020 |
| Belarus (USD mn) | -1,017.192 Jun 2020 | quarterly | Dec 2005 - Jun 2020 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -6.4 Jun 2020 | quarterly | Jun 1993 - Jun 2020 |
| Consolidated Fiscal Balance (USD mn) | -16,582.508 Aug 2020 | monthly | May 1992 - Aug 2020 |
| Tax Revenue (USD mn) | 16,287.638 Oct 2020 | monthly | Jan 1996 - Oct 2020 |
| Tax Revenue: % of GDP (%) | 10.0 Jun 2020 | quarterly | Mar 1996 - Jun 2020 |
| National Government Debt (USD mn) | 884,096.2 2020 | yearly | 1962 - 2020 |
| Government Debt: % of GDP (%) | 54.0 2020 | yearly | 1962 - 2020 |
| Forecast: Government Expenditure (CAD bn) | 1,102.276 2025 | yearly | 1980 - 2025 |
| Forecast: Government Net Debt (CAD bn) | 2,919.284 2025 | yearly | 1980 - 2025 |
| Forecast: Government Revenue (CAD bn) | 1,094.790 2025 | yearly | 1980 - 2025 |
| Budgetary Revenue (CAD mn) | 24,067.000 Oct 2020 | monthly | May 1992 - Oct 2020 |
| Budgetary Revenue: Tax Revenues (TR) (CAD mn) | 21,529.000 Oct 2020 | monthly | Jan 1996 - Oct 2020 |
| Budgetary Expense (CAD mn) | -42,573.000 Oct 2020 | monthly | May 1992 - Oct 2020 |
| Budgetary Balance: Deficit or Surplus (CAD mn) | -18,506.000 Oct 2020 | monthly | May 1992 - Oct 2020 |
| Budgetary Revenue: TR: Excise Taxes & Duties (CAD mn) | 4,682.000 Oct 2020 | monthly | Jan 1996 - Oct 2020 |
| FIN Forecast: Budgetary Revenue (CAD mn) | 417,300.000 2026 | yearly | 1996 - 2026 |
| FIN Forecast: Budgetary Expense (CAD mn) | 434,500.000 2026 | yearly | 1996 - 2026 |
| FIN Forecast: Budgetary Balance (CAD mn) | -24,900.000 2026 | yearly | 1996 - 2026 |
| FIN Forecast: Budgetary Revenue: Tax: Excise Taxes & Duties (ET) (CAD mn) | 65,700.000 2026 | yearly | 2000 - 2026 |
| Net Financing Activities (CAD mn) | 28,736.000 Oct 2020 | monthly | Jan 1996 - Oct 2020 |
| FIN Forecast: Federal Debt (CAD mn) | 1,378,300.000 2026 | yearly | 1997 - 2026 |
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