Canada Consolidated Fiscal Balance
1992 - 2025 | Monthly | USD mn | CEIC Data
Key information about Canada Consolidated Fiscal Balance
- Canada Consolidated Fiscal Balance registered a surplus equal to 177.601 USD mn in Dec 2025, compared with a deficit equal to 5.704 USD bn in the previous month.
- Canada Consolidated Fiscal Balance data is updated monthly, available from May 1992 to Dec 2025, with an average ratio of 656.119 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 2025 in the chart:
What was Canada's Consolidated Fiscal Balance in Dec 2025?
Canada Consolidated Fiscal Balance registered a surplus equal to 177.601 USD mn in Dec 2025, compared with a deficit equal to 5.704 USD bn in the previous month. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 177.601 Dec 2025 | -5,703.614 Nov 2025 | -32,452.679 Mar 2023 | 7,085.625 Feb 2023 | USD mn | monthly | May 1992 - Dec 2025 |
Consolidated Fiscal Balance by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | 263.864 Jan 2026 | monthly | Dec 1997 - Jan 2026 |
| Algeria (USD mn) | -5,868.518 2022 | yearly | 1997 - 2022 |
| Argentina (USD mn) | 764.224 Jan 2026 | monthly | Jan 1993 - Jan 2026 |
| Armenia (USD mn) | -403.337 Dec 2025 | monthly | Jan 2008 - Dec 2025 |
| Australia (USD mn) | -10,334.848 Dec 2025 | quarterly | Sep 2002 - Dec 2025 |
| Austria (USD mn) | -4,578.917 Sep 2025 | quarterly | Mar 2001 - Sep 2025 |
| Azerbaijan (USD mn) | 310.353 Dec 2025 | monthly | Dec 2004 - Dec 2025 |
| Bahrain (USD mn) | -2,784.441 2024 | yearly | 1990 - 2024 |
| Bangladesh (USD mn) | 154.969 Jul 2025 | monthly | Jul 2008 - Jul 2025 |
| Belarus (USD mn) | 404.854 Sep 2021 | quarterly | Dec 2005 - Sep 2021 |
| Belgium (USD mn) | -30,012.565 2024 | yearly | 1970 - 2024 |
| Bolivia (USD mn) | -5,230.120 2024 | yearly | 1990 - 2024 |
| Bosnia and Herzegovina (%) | 1.770 Sep 2025 | quarterly | Dec 2008 - Sep 2025 |
| Botswana (USD mn) | -331.433 Nov 2025 | monthly | Apr 2007 - Nov 2025 |
| Brazil (USD mn) | 1,864.099 Jan 2026 | monthly | Jan 1997 - Jan 2026 |
| Brunei (USD mn) | -2,030.104 2024 | yearly | 2003 - 2024 |
| Bulgaria (%) | -3.009 Dec 2025 | quarterly | Sep 2003 - Dec 2025 |
| Cambodia (USD mn) | -52.271 Jul 2024 | monthly | Jan 2007 - Jul 2024 |
| Canada (USD mn) | 177.601 Dec 2025 | monthly | May 1992 - Dec 2025 |
| Chile (USD mn) | -9,295.767 2024 | yearly | 1990 - 2024 |
| China (USD mn) | -331,213.085 Dec 2025 | monthly | Jan 1995 - Dec 2025 |
| Colombia (USD mn) | -3,989.807 Jun 2025 | quarterly | Mar 1995 - Jun 2025 |
| Croatia (USD mn) | -963.223 Dec 2019 | quarterly | Mar 2015 - Dec 2019 |
| Cyprus (USD mn) | -208.789 Dec 2025 | monthly | Jan 2014 - Dec 2025 |
| Czech Republic (USD mn) | -1,212.622 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Denmark (USD mn) | 4,386.136 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Ecuador (USD mn) | -1,096.658 Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Egypt (USD mn) | -18,641.912 Jan 2026 | monthly | Jan 2005 - Jan 2026 |
| Estonia (USD mn) | 5.960 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| European Union (USD mn) | -612,084.939 2024 | yearly | 1999 - 2024 |
| Finland (USD mn) | -1,195.774 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| France (USD mn) | -48,864.241 Sep 2025 | quarterly | Mar 1957 - Sep 2025 |
| Georgia (USD mn) | 30.346 Jan 2026 | monthly | Jan 2006 - Jan 2026 |
| Germany (USD mn) | -59,276.118 Dec 2025 | quarterly | Mar 1991 - Dec 2025 |
| Ghana (USD mn) | 532.461 Dec 2025 | monthly | Jan 2008 - Dec 2025 |
| Greece (USD mn) | 4,558.528 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Hong Kong SAR, China (USD mn) | 5,652.229 Jan 2026 | monthly | Oct 1998 - Jan 2026 |
| Hungary (USD mn) | 1,345.964 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Iceland (USD mn) | -121.031 Sep 2025 | quarterly | Mar 2002 - Sep 2025 |
| India (USD mn) | -13,420.225 Dec 2025 | monthly | Apr 1997 - Dec 2025 |
| Indonesia (USD mn) | -4,820.017 Feb 2026 | monthly | Jan 2014 - Feb 2026 |
| Iran (USD mn) | -13,054.476 Mar 2021 | quarterly | Jun 2005 - Mar 2021 |
| Ireland (USD mn) | 260.587 Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Israel (USD mn) | -721.641 Feb 2026 | monthly | Jan 1999 - Feb 2026 |
| Italy (USD mn) | -22,272.633 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Ivory Coast (USD mn) | -3,452.972 2024 | yearly | 1960 - 2024 |
| Japan (USD mn) | -286,722.348 2024 | yearly | 1995 - 2024 |
| Jordan (USD mn) | -1,288.434 2025 | yearly | 1999 - 2025 |
| Kazakhstan (USD mn) | 757.261 Jan 2026 | monthly | Nov 2007 - Jan 2026 |
| Kenya (%) | -6.600 Sep 2025 | quarterly | Dec 2009 - Sep 2025 |
| South Korea (USD mn) | 492.507 Nov 2025 | monthly | Jul 1999 - Nov 2025 |
| Kosovo (USD mn) | 49.040 Oct 2023 | monthly | Jan 2006 - Oct 2023 |
| Kuwait (USD mn) | -3,440.015 2024 | yearly | 1988 - 2024 |
| Kyrgyzstan (USD mn) | 275.694 Jan 2026 | monthly | Jan 2007 - Jan 2026 |
| Laos (USD mn) | 375.970 2024 | yearly | 2010 - 2024 |
| Latvia (USD mn) | 282.710 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Lebanon (USD mn) | 405.307 Dec 2021 | monthly | Jan 1998 - Dec 2021 |
| Lithuania (USD mn) | 44.359 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Luxembourg (%) | 0.888 2024 | yearly | 1995 - 2024 |
| Macau SAR, China (%) | 7.879 Jun 2025 | quarterly | Dec 2003 - Jun 2025 |
| North Macedonia (USD mn) | -764.028 2024 | yearly | 2009 - 2024 |
| Malawi (USD mn) | -43.664 Nov 2025 | monthly | Oct 2005 - Nov 2025 |
| Malaysia (USD mn) | -27,060.208 2024 | yearly | 1970 - 2024 |
| Malta (USD mn) | 96.549 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Mauritius (%) | -8.795 Sep 2025 | quarterly | Dec 2010 - Sep 2025 |
| Mexico (USD mn) | -1,094.839 Jan 2026 | monthly | Jan 1977 - Jan 2026 |
| Moldova (USD mn) | -709.547 2024 | yearly | 1998 - 2024 |
| Mongolia (USD mn) | -119.371 Jan 2026 | monthly | Jan 2000 - Jan 2026 |
| Montenegro (USD mn) | -36.484 Jan 2026 | monthly | Jan 2012 - Jan 2026 |
| Morocco (USD mn) | -6,705.833 Dec 2025 | monthly | Jan 2000 - Dec 2025 |
| Mozambique (USD mn) | 388.757 Dec 2016 | quarterly | Mar 2002 - Dec 2016 |
| Myanmar (USD mn) | -1,713.224 2022 | yearly | 1980 - 2022 |
| Nepal (USD mn) | -117.285 Dec 2025 | quarterly | Mar 2017 - Dec 2025 |
| Netherlands (USD mn) | -6,772.937 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| New Zealand (USD mn) | 5,756.479 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Nigeria (USD mn) | -1,902.660 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| Norway (USD mn) | 2,883.255 Dec 2025 | quarterly | Mar 2002 - Dec 2025 |
| Oman (USD mn) | -41.612 Nov 2025 | monthly | Jun 2003 - Nov 2025 |
| Pakistan (USD mn) | -22,771.776 2024 | yearly | 1991 - 2024 |
| Palestinian Territory (USD mn) | 192.600 2024 | yearly | 2010 - 2024 |
| Panama (USD mn) | -3,320.820 2025 | yearly | 2003 - 2025 |
| Paraguay (USD mn) | -42.600 Jan 2026 | monthly | Jan 2003 - Jan 2026 |
| Peru (USD mn) | -4,595.925 Dec 2025 | quarterly | Mar 1990 - Dec 2025 |
| Philippines (USD mn) | -5,321.655 Dec 2025 | monthly | Jan 1985 - Dec 2025 |
| Poland (USD mn) | -59,417.037 2024 | yearly | 1995 - 2024 |
| Portugal (USD mn) | 3,449.979 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| Qatar (USD mn) | -1,455.220 Dec 2025 | quarterly | Mar 2011 - Dec 2025 |
| Romania (%) | -7.644 Dec 2025 | quarterly | Dec 2004 - Dec 2025 |
| Russia (USD mn) | -43,707.373 Dec 2025 | monthly | Jan 1993 - Dec 2025 |
| Saudi Arabia (USD mn) | -73,761.406 2025 | yearly | 1969 - 2025 |
| Serbia (USD mn) | -416.922 Jan 2026 | monthly | Jan 2005 - Jan 2026 |
| Singapore (USD mn) | 2,115.427 Jan 2026 | monthly | Apr 2011 - Jan 2026 |
| Slovakia (USD mn) | -407.047 Jan 2026 | monthly | Jan 2005 - Jan 2026 |
| Slovenia (USD mn) | -850.675 Dec 2025 | monthly | Jan 2000 - Dec 2025 |
| South Africa (USD mn) | -4,285.548 Jan 2026 | monthly | Jan 1990 - Jan 2026 |
| Spain (USD mn) | 18,617.397 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| Sri Lanka (%) | -4.738 Sep 2025 | quarterly | Dec 2014 - Sep 2025 |
| Sudan (USD mn) | -196.813 2021 | yearly | 2001 - 2021 |
| Sweden (USD mn) | -9,465.294 2024 | yearly | 1995 - 2024 |
| Switzerland (USD mn) | 5,488.721 2025 | yearly | 1990 - 2025 |
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Learn more about what we doCanada Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.4 Dec 2025 | quarterly | Jun 1993 - Dec 2025 |
| Consolidated Fiscal Balance (USD mn) | 177.601 Dec 2025 | monthly | May 1992 - Dec 2025 |
| Tax Revenue (USD mn) | 29,380.935 Dec 2025 | monthly | Jan 1996 - Dec 2025 |
| Tax Revenue: % of GDP (%) | 12.9 Dec 2025 | quarterly | Mar 1996 - Dec 2025 |
| National Government Debt (USD mn) | 1,517,724.5 2025 | yearly | 1962 - 2025 |
| Government Debt: % of GDP (%) | 69.2 2025 | yearly | 1962 - 2025 |
| Forecast: Government Expenditure (CAD bn) | 1,673.411 2030 | yearly | 1980 - 2030 |
| Forecast: Government Net Debt (CAD bn) | 3,127.329 2028 | yearly | 1980 - 2028 |
| Forecast: Government Revenue (CAD bn) | 1,616.767 2030 | yearly | 1980 - 2030 |
| Federal Government Debt: % of GDP: Accumulated Deficit (%) | 40.700 2025 | yearly | 1967 - 2025 |
| Net Financing Activities (CAD mn) | -8,839.000 Dec 2025 | monthly | Jan 1996 - Dec 2025 |
| Budgetary Revenue (CAD mn) | 46,116.000 Dec 2025 | monthly | May 1992 - Dec 2025 |
| Budgetary Expense (CAD mn) | -45,871.000 Dec 2025 | monthly | May 1992 - Dec 2025 |
| Budgetary Balance: Deficit or Surplus (CAD mn) | 245.000 Dec 2025 | monthly | May 1992 - Dec 2025 |
| Budgetary Revenue: Tax Revenues (TR) (CAD mn) | 40,531.000 Dec 2025 | monthly | Jan 1996 - Dec 2025 |
| Budgetary Revenue: TR: Excise Taxes & Duties (CAD mn) | 6,506.000 Dec 2025 | monthly | Jan 1996 - Dec 2025 |
| 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 |
| FIN Forecast: Federal Debt (CAD mn) | 1,435,700.000 2030 | yearly | 1997 - 2030 |
| CA: Gross Public Debt: USD: General Government (USD mn) | 2,820,301.986 Jun 2025 | quarterly | Mar 1995 - Jun 2025 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.956 2030 | yearly | 1980 - 2030 |
| Trade Balance (USD mn) | -948.0 Dec 2025 | monthly | Jan 1988 - Dec 2025 |
| Total Exports (USD mn) | 47,571.7 Dec 2025 | monthly | Jan 1988 - Dec 2025 |
| Total Exports Growth (%) | -5.7 Dec 2025 | monthly | Jan 1989 - Dec 2025 |
| Aluminum: Exports (USD th) | 9,833,093.660 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 10,025,178.456 2024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 1,380,122.786 2024 | yearly | 1995 - 2024 |
| Total Imports (USD mn) | 48,519.6 Dec 2025 | monthly | Jan 1988 - Dec 2025 |
| Total Imports Growth (%) | -0.7 Nov 2025 | monthly | Jan 1989 - Nov 2025 |
| Imports: Medicament (USD th) | 11,743,159.395 2024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 8,108,735.311 2024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 31,545.754 Oct 2025 | monthly | Jan 1988 - Oct 2025 |
| Total Imports from USA (USD mn) | 27,935.411 Dec 2025 | monthly | Jan 1997 - Dec 2025 |
| Total Exports to China (USD mn) | 2,167.669 Dec 2025 | monthly | Jan 1997 - Dec 2025 |
| Total Imports from China (USD mn) | 3,868.431 Dec 2025 | monthly | Jan 1997 - Dec 2025 |
| Coal Exports (kton) | 2,806.000 Dec 2025 | monthly | Jan 1977 - Dec 2025 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Light Emitting Diodes ... (CAD th) | 9,504.590 Dec 2025 | monthly | Jan 2022 - Dec 2025 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Photovoltaic Cells ass... (CAD th) | 2,331.221 Dec 2025 | monthly | Jan 2022 - Dec 2025 |
| Import Value (Val): HS: Iron and Steel (IS) (CAD th) | 735,112.376 Dec 2025 | monthly | Jan 1988 - Dec 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 (%) | 0.7 Sep 2025 | quarterly | Mar 2005 - Sep 2025 |
| Household Debt: % of GDP (%) | 99.3 Sep 2025 | quarterly | Mar 1969 - Sep 2025 |
| Money Supply M1 (USD mn) | 1,264,473.454 Dec 2025 | monthly | Mar 1975 - Dec 2025 |
| Money Supply M2 (USD mn) | 2,026,929.697 Dec 2025 | monthly | Jan 1968 - Dec 2025 |
| M2 Growth (%) | 4.7 Dec 2025 | monthly | Jan 1969 - Dec 2025 |
| Foreign Exchange Reserves (USD mn) | 98,078.0 Feb 2026 | monthly | Jun 1999 - Feb 2026 |
| Foreign Exchange Reserves: % of GDP (%) | 4.237 Dec 2025 | quarterly | Jun 1999 - Dec 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.1 Dec 2025 | monthly | Jun 1999 - Dec 2025 |
| Gold Reserves (USD mn) | 0.000 Feb 2026 | monthly | Dec 1956 - Feb 2026 |
| Total Deposits (USD mn) | 2,905,759.810 Jan 2026 | monthly | Jan 2009 - Jan 2026 |
| Total Deposits Growth (%) | -37.9 Jan 2026 | monthly | Jan 2010 - Jan 2026 |
| Domestic Credit (USD mn) | 4,961,659.9 Dec 2025 | monthly | Jan 1969 - Dec 2025 |
| Domestic Credit Growth (%) | 4.6 Dec 2025 | monthly | Jan 1970 - Dec 2025 |
| Debt Service Ratio: Households (%) | 13.900 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 25.000 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Credit to Households (USD bn) | 2,292.362 Jun 2025 | quarterly | Mar 1969 - Jun 2025 |
| Credit to Private Non-Financial Sector (USD bn) | 4,965.201 Jun 2025 | quarterly | Mar 1954 - Jun 2025 |
| Household Debt (USD mn) | 2,350,511.2 Dec 2025 | monthly | Jan 1969 - Dec 2025 |
| Total Loans (USD mn) | 3,401,201.867 Dec 2025 | monthly | Jan 1969 - Dec 2025 |
| Total Loans Growth (%) | 4.22 Dec 2025 | monthly | Jan 1970 - Dec 2025 |
| Private Debt: % of Nominal GDP (%) | 209.76 Dec 2025 | quarterly | Mar 1969 - Dec 2025 |
| Money Supply: M1+: Gross (CAD mn) | 1,746,180.000 Dec 2025 | monthly | Mar 1975 - Dec 2025 |
| Money Supply: M2+: M2: Gross (CAD mn) | 2,790,326.000 Dec 2025 | monthly | Jan 1968 - Dec 2025 |
| Money Supply: M3: Gross: sa (CAD mn) | 3,970,573.000 Dec 2025 | monthly | Jan 1970 - Dec 2025 |
| Money Supply: M2+: M2: Gross: sa (CAD mn) | 2,779,326.000 Dec 2025 | monthly | Jan 1968 - Dec 2025 |
| Money Supply: M1+: Gross: sa (CAD mn) | 1,733,846.000 Dec 2025 | monthly | Mar 1975 - Dec 2025 |
| Money Supply: M3: Gross (CAD mn) | 3,988,806.000 Dec 2025 | monthly | Jan 1970 - Dec 2025 |
| Official International Reserves: Gold (USD mn) | 0.000 Feb 2026 | monthly | Dec 1994 - Feb 2026 |
| Official International Reserves (USD mn) | 128,130.000 Feb 2026 | monthly | Dec 1994 - Feb 2026 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 2.6 Feb 2026 | monthly | Dec 2001 - Feb 2026 |
| Business Outlook Survey (BOS) Indicator (%) | -1.780 Dec 2025 | quarterly | Sep 2003 - Dec 2025 |
| Purchasing Manager Index: Seasonally Adjusted (NA) | 56.600 Feb 2026 | monthly | Dec 2000 - Feb 2026 |
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