Canada Consolidated Fiscal Balance: % of GDP
1993 - 2026 | Quarterly | % | CEIC Data
Key information about Canada Consolidated Fiscal Balance: % of GDP
- Canada Consolidated Fiscal Balance recorded a deficit equal to 1.6 % of its Nominal GDP in Mar 2026, compared with a deficit equal to 1.4 % in the previous quarter
- Canada Consolidated Fiscal Balance to GDP data is updated quarterly, available from Jun 1993 to Mar 2026, with an average ratio of -2.0 %
- The data reached an all-time high of 1.9 % in Dec 2000 and a record low of -13.9 % in Mar 2021
Further information about Canada Consolidated Fiscal Balance: % of GDP
- In the latest reports, Canada National Government Debt reached 1,517.7 USD bn in Mar 2025
- Canada Nominal GDP reached 590.9 USD bn in Sep 2025
View Canada's Consolidated Fiscal Balance: % of GDP from Jun 1993 to Mar 2026 in the chart:
What was Canada's Consolidated Fiscal Balance: % of GDP in Mar 2026?
Canada Consolidated Fiscal Balance recorded a deficit equal to 1.6 % of its Nominal GDP in Mar 2026, compared with a deficit equal to 1.4 % in the previous quarter See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -1.6 Mar 2026 | -1.4 Dec 2025 | -13.9 Mar 2021 | 1.9 Dec 2000 | % | quarterly | Jun 1993 - Mar 2026 |
Consolidated Fiscal Balance: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | -1.8 2025 | yearly | 1997 - 2025 |
| Algeria (%) | -2.6 2022 | yearly | 1994 - 2022 |
| Argentina (%) | 0.2 Dec 2025 | quarterly | Dec 2004 - Dec 2025 |
| Armenia (%) | -3.0 Mar 2026 | quarterly | Dec 2002 - Mar 2026 |
| Australia (%) | -3.1 Mar 2026 | quarterly | Jun 2003 - Mar 2026 |
| Austria (%) | -4.2 Dec 2025 | quarterly | Dec 2001 - Dec 2025 |
| Azerbaijan (%) | 0.4 Jun 2021 | monthly | Dec 2004 - Jun 2021 |
| Bahrain (%) | -4.8 2023 | yearly | 1998 - 2023 |
| Bangladesh (%) | -3.4 2025 | yearly | 2006 - 2025 |
| Belarus (%) | -0.4 Sep 2021 | quarterly | Sep 2006 - Sep 2021 |
| Belgium (%) | -4.4 2024 | yearly | 1970 - 2024 |
| Bolivia (%) | -11.2 2024 | yearly | 1990 - 2024 |
| Bosnia and Herzegovina (%) | 1.8 Sep 2025 | quarterly | Dec 2008 - Sep 2025 |
| Botswana (%) | -2.4 Dec 2025 | quarterly | Mar 2004 - Dec 2025 |
| Brazil (%) | -8.1 Mar 2026 | quarterly | Dec 1997 - Mar 2026 |
| Brunei (%) | -13.3 2024 | yearly | 1974 - 2024 |
| Bulgaria (%) | -3.0 Dec 2025 | quarterly | Sep 2003 - Dec 2025 |
| Cambodia (%) | -2.5 2024 | yearly | 2007 - 2024 |
| Canada (%) | -1.6 Mar 2026 | quarterly | Jun 1993 - Mar 2026 |
| Chile (%) | -2.7 2025 | yearly | 1990 - 2025 |
| China (%) | -5.1 Mar 2026 | quarterly | Dec 1995 - Mar 2026 |
| Colombia (%) | -8.7 Sep 2025 | quarterly | Dec 2000 - Sep 2025 |
| Croatia (%) | -2.4 2024 | yearly | 2002 - 2024 |
| Cyprus (%) | 3.4 Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| Czech Republic (%) | -2.1 Dec 2025 | quarterly | Dec 1999 - Dec 2025 |
| Denmark (%) | 2.9 Dec 2025 | quarterly | Dec 1999 - Dec 2025 |
| Ecuador (%) | -2.9 Dec 2025 | quarterly | Dec 2000 - Dec 2025 |
| Estonia (%) | -1.2 Dec 2025 | quarterly | Dec 1999 - Dec 2025 |
| European Union (%) | -3.1 2025 | yearly | 1995 - 2025 |
| Finland (%) | -3.4 Dec 2025 | quarterly | Dec 1999 - Dec 2025 |
| France (%) | -5.1 Mar 2026 | quarterly | Dec 1949 - Mar 2026 |
| Georgia (%) | -1.2 Dec 2025 | quarterly | Dec 2006 - Dec 2025 |
| Germany (%) | -3.1 Mar 2026 | quarterly | Dec 1991 - Mar 2026 |
| Ghana (%) | -0.6 Dec 2025 | quarterly | Dec 2008 - Dec 2025 |
| Greece (%) | -1.3 Dec 2018 | monthly | Apr 1999 - Dec 2018 |
| Hong Kong SAR, China (%) | 0.3 Mar 2026 | quarterly | Mar 1997 - Mar 2026 |
| Hungary (%) | -4.7 Dec 2025 | quarterly | Dec 1999 - Dec 2025 |
| Iceland (%) | -1.8 Mar 2026 | quarterly | Mar 2002 - Mar 2026 |
| India (%) | -4.4 Mar 2026 | quarterly | Mar 2005 - Mar 2026 |
| Indonesia (%) | -3.4 Mar 2026 | quarterly | Dec 2014 - Mar 2026 |
| Iran (%) | -3.4 Mar 2021 | quarterly | Mar 2006 - Mar 2021 |
| Ireland (%) | 1.8 Dec 2025 | quarterly | Dec 2000 - Dec 2025 |
| Israel (%) | -4.2 Mar 2026 | quarterly | Dec 1999 - Mar 2026 |
| Italy (%) | -3.1 Dec 2025 | quarterly | Dec 1999 - Dec 2025 |
| Ivory Coast (%) | -4.0 2024 | yearly | 1960 - 2024 |
| Japan (%) | -4.6 2026 | yearly | 1996 - 2026 |
| Jordan (%) | 1.0 2018 | yearly | 1999 - 2018 |
| Kazakhstan (%) | 0.7 Mar 2026 | quarterly | Dec 2008 - Mar 2026 |
| Kenya (%) | -5.9 Dec 2025 | quarterly | Dec 2009 - Dec 2025 |
| South Korea (%) | -0.7 Mar 2026 | quarterly | Jun 2000 - Mar 2026 |
| Kosovo (%) | 0.2 Sep 2023 | quarterly | Dec 2010 - Sep 2023 |
| Kuwait (%) | -2.1 2024 | yearly | 1988 - 2024 |
| Kyrgyzstan (%) | 19.2 Jan 2026 | monthly | Jan 2007 - Jan 2026 |
| Laos (%) | 2.3 2024 | yearly | 2012 - 2024 |
| Latvia (%) | -2.5 Dec 2025 | quarterly | Dec 1999 - Dec 2025 |
| Lebanon (%) | 0.9 2021 | yearly | 1992 - 2021 |
| Lithuania (%) | -1.8 Dec 2025 | quarterly | Dec 1999 - Dec 2025 |
| Luxembourg (%) | -2.0 2025 | yearly | 1995 - 2025 |
| Macau SAR, China (%) | 7.9 Jun 2025 | quarterly | Dec 2003 - Jun 2025 |
| North Macedonia (%) | -4.6 2024 | yearly | 1993 - 2024 |
| Malawi (%) | -1.3 Sep 2025 | monthly | Apr 2005 - Sep 2025 |
| Malaysia (%) | -6.4 2024 | yearly | 1970 - 2024 |
| Malta (%) | -2.2 Dec 2025 | quarterly | Dec 1999 - Dec 2025 |
| Mauritius (%) | -7.8 Dec 2025 | quarterly | Dec 2010 - Dec 2025 |
| Mexico (%) | -4.0 Mar 2026 | quarterly | Dec 1980 - Mar 2026 |
| Moldova (%) | -4.0 2025 | yearly | 1998 - 2025 |
| Mongolia (%) | -2.3 Mar 2026 | quarterly | Dec 2000 - Mar 2026 |
| Montenegro (%) | -4.5 Mar 2026 | quarterly | Dec 2012 - Mar 2026 |
| Morocco (%) | -3.9 2024 | yearly | 1980 - 2024 |
| Mozambique (%) | -2.7 2016 | yearly | 1996 - 2016 |
| Myanmar (%) | -2.8 2023 | yearly | 1986 - 2023 |
| Nepal (%) | -10.0 2018 | yearly | 2012 - 2018 |
| Netherlands (%) | -1.4 Jun 2025 | quarterly | Dec 1999 - Jun 2025 |
| New Zealand (%) | -1.2 Dec 2025 | quarterly | Dec 1999 - Dec 2025 |
| Nigeria (%) | -4.0 Dec 2024 | quarterly | Dec 2010 - Dec 2024 |
| Norway (%) | 9.6 Mar 2026 | quarterly | Dec 2002 - Mar 2026 |
| Oman (%) | 2.3 Sep 2023 | quarterly | Dec 2005 - Sep 2023 |
| Pakistan (%) | -2.6 2025 | yearly | 2000 - 2025 |
| Palestinian Territory (%) | 1.2 2024 | yearly | 2010 - 2024 |
| Panama (%) | -3.7 2025 | yearly | 2003 - 2025 |
| Paraguay (%) | -0.4 Dec 2025 | quarterly | Dec 2003 - Dec 2025 |
| Peru (%) | -2.4 Mar 2026 | quarterly | Dec 1990 - Mar 2026 |
| Philippines (%) | -5.2 Mar 2026 | quarterly | Dec 1985 - Mar 2026 |
| Poland (%) | -7.3 2025 | yearly | 1995 - 2025 |
| Portugal (%) | 0.7 Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| Qatar (%) | -2.7 Dec 2025 | quarterly | Mar 2011 - Dec 2025 |
| Romania (%) | -7.6 Dec 2025 | quarterly | Dec 2004 - Dec 2025 |
| Russia (%) | -3.9 Dec 2025 | quarterly | Dec 1993 - Dec 2025 |
| Saudi Arabia (%) | -2.8 2024 | yearly | 1969 - 2024 |
| Serbia (%) | -3.2 Mar 2026 | quarterly | Dec 2005 - Mar 2026 |
| Singapore (%) | 1.2 Mar 2026 | quarterly | Mar 2012 - Mar 2026 |
| Slovakia (%) | -6.2 2020 | yearly | 1995 - 2020 |
| Slovenia (%) | -2.5 Dec 2025 | quarterly | Dec 2000 - Dec 2025 |
| South Africa (%) | -3.9 Mar 2026 | quarterly | Dec 1990 - Mar 2026 |
| Spain (%) | -2.4 Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| Sri Lanka (%) | -2.3 Dec 2025 | quarterly | Dec 2014 - Dec 2025 |
| Sudan (%) | -0.6 2021 | yearly | 2001 - 2021 |
| Sweden (%) | -1.3 2025 | yearly | 1995 - 2025 |
| Switzerland (%) | 0.5 2025 | yearly | 1990 - 2025 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.6 Mar 2026 | quarterly | Jun 1993 - Mar 2026 |
| Consolidated Fiscal Balance (USD mn) | -21,666.910 Mar 2026 | monthly | May 1992 - Mar 2026 |
| Tax Revenue (USD mn) | 27,238.338 Mar 2026 | monthly | Jan 1996 - Mar 2026 |
| Tax Revenue: % of GDP (%) | 14.0 Mar 2026 | quarterly | Mar 1996 - Mar 2026 |
| 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) | 1,789.926 2031 | yearly | 1980 - 2031 |
| Forecast: Government Net Debt (CAD bn) | 3,127.329 2028 | yearly | 1980 - 2028 |
| Forecast: Government Revenue (CAD bn) | 1,726.867 2031 | yearly | 1980 - 2031 |
| Federal Government Debt: % of GDP: Accumulated Deficit (%) | 40.700 2026 | yearly | 1967 - 2026 |
| FIN Forecast: Federal Debt (CAD mn) | 1,629,400.000 2031 | yearly | 1997 - 2031 |
| Net Financing Activities (CAD mn) | 3,223.000 Mar 2026 | monthly | Jan 1996 - Mar 2026 |
| Budgetary Revenue: Tax Revenues (TR) (CAD mn) | 37,371.000 Mar 2026 | monthly | Jan 1996 - Mar 2026 |
| Budgetary Expense (CAD mn) | -76,498.000 Mar 2026 | monthly | May 1992 - Mar 2026 |
| Budgetary Revenue (CAD mn) | 46,771.000 Mar 2026 | monthly | May 1992 - Mar 2026 |
| Budgetary Balance: Deficit or Surplus (CAD mn) | -29,727.000 Mar 2026 | monthly | May 1992 - Mar 2026 |
| Budgetary Revenue: TR: Excise Taxes & Duties (CAD mn) | 6,111.000 Mar 2026 | monthly | Jan 1996 - Mar 2026 |
| FIN Forecast: Budgetary Revenue (CAD mn) | 613,700.000 2031 | yearly | 1996 - 2031 |
| FIN Forecast: Budgetary Expense (CAD mn) | 678,100.000 2031 | yearly | 1996 - 2031 |
| FIN Forecast: Budgetary Balance (CAD mn) | -53,200.000 2031 | yearly | 1996 - 2031 |
| FIN Forecast: Budgetary Revenue: Tax: Excise Taxes & Duties (ET) (CAD mn) | 82,900.000 2031 | yearly | 2000 - 2031 |
| CA: Gross Public Debt: USD: General Government (USD mn) | 2,908,830.439 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 3.736 2031 | yearly | 1980 - 2031 |
| Trade Balance (USD mn) | 1,296.9 Mar 2026 | monthly | Jan 1988 - Mar 2026 |
| Total Exports (USD mn) | 53,041.8 Mar 2026 | monthly | Jan 1988 - Mar 2026 |
| Total Exports Growth (%) | 24.7 Apr 2026 | monthly | Jan 1989 - Apr 2026 |
| 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) | 51,745.0 Mar 2026 | monthly | Jan 1988 - Mar 2026 |
| Total Imports Growth (%) | 7.4 Apr 2026 | monthly | Jan 1989 - Apr 2026 |
| 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) | 37,788.934 Apr 2026 | monthly | Jan 1988 - Apr 2026 |
| Total Imports from USA (USD mn) | 30,200.510 Mar 2026 | monthly | Jan 1997 - Mar 2026 |
| Total Exports to China (USD mn) | 2,793.078 Apr 2026 | monthly | Jan 1997 - Apr 2026 |
| Total Imports from China (USD mn) | 4,086.593 Apr 2026 | monthly | Jan 1997 - Apr 2026 |
| Coal Exports (kton) | 3,070.000 Mar 2026 | monthly | Jan 1977 - Mar 2026 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Light Emitting Diodes ... (CAD th) | 11,491.023 Apr 2026 | monthly | Jan 2022 - Apr 2026 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Photovoltaic Cells ass... (CAD th) | 8,149.594 Apr 2026 | monthly | Jan 2022 - Apr 2026 |
| Import Value (Val): HS: Iron and Steel (IS) (CAD th) | 906,741.111 Apr 2026 | monthly | Jan 1988 - Apr 2026 |
| Import Value Index (2015=100) | 132.600 2023 | yearly | 1995 - 2023 |
| Export Value Index (2015=100) | 138.700 2023 | yearly | 1995 - 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.7 Dec 2025 | quarterly | Mar 2005 - Dec 2025 |
| Household Debt: % of GDP (%) | 99.5 Dec 2025 | quarterly | Mar 1969 - Dec 2025 |
| Money Supply M1 (USD mn) | 1,269,161.471 Mar 2026 | monthly | Mar 1975 - Mar 2026 |
| Money Supply M2 (USD mn) | 2,004,141.762 Mar 2026 | monthly | Jan 1968 - Mar 2026 |
| M2 Growth (%) | 3.8 Mar 2026 | monthly | Jan 1969 - Mar 2026 |
| Foreign Exchange Reserves (USD mn) | 96,721.0 May 2026 | monthly | Jun 1999 - May 2026 |
| Foreign Exchange Reserves: % of GDP (%) | 4.237 Dec 2025 | quarterly | Jun 1999 - Dec 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.8 Apr 2026 | monthly | Jun 1999 - Apr 2026 |
| Gold Reserves (USD mn) | 0.000 May 2026 | monthly | Dec 1956 - May 2026 |
| Total Deposits (USD mn) | 4,787,436.346 Mar 2026 | monthly | Jan 2009 - Mar 2026 |
| Total Deposits Growth (%) | 3.2 Mar 2026 | monthly | Jan 2010 - Mar 2026 |
| Domestic Credit (USD mn) | 4,920,501.0 Mar 2026 | monthly | Jan 1969 - Mar 2026 |
| Domestic Credit Growth (%) | 4.4 Mar 2026 | monthly | Jan 1970 - Mar 2026 |
| Debt Service Ratio: Households (%) | 13.900 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 25.300 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Credit to Households (USD bn) | 2,315.895 Sep 2025 | quarterly | Mar 1969 - Sep 2025 |
| Credit to Private Non-Financial Sector (USD bn) | 5,043.713 Sep 2025 | quarterly | Mar 1954 - Sep 2025 |
| Household Debt (USD mn) | 2,371,472.3 Feb 2026 | monthly | Jan 1969 - Feb 2026 |
| Total Loans (USD mn) | 3,447,924.736 Feb 2026 | monthly | Jan 1969 - Feb 2026 |
| Total Loans Growth (%) | 4.30 Mar 2026 | monthly | Jan 1970 - Mar 2026 |
| Private Debt: % of Nominal GDP (%) | 209.65 Dec 2025 | quarterly | Mar 1969 - Dec 2025 |
| Money Supply: M1+: Gross (CAD mn) | 1,745,762.000 Mar 2026 | monthly | Mar 1975 - Mar 2026 |
| Money Supply: M2+: M2: Gross (CAD mn) | 2,787,511.000 Mar 2026 | monthly | Jan 1968 - Mar 2026 |
| Money Supply: M3: Gross (CAD mn) | 3,999,807.000 Mar 2026 | monthly | Jan 1970 - Mar 2026 |
| Money Supply: M3: Gross: sa (CAD mn) | 4,018,012.000 Mar 2026 | monthly | Jan 1970 - Mar 2026 |
| Money Supply: M1+: Gross: sa (CAD mn) | 1,770,861.000 Mar 2026 | monthly | Mar 1975 - Mar 2026 |
| Money Supply: M2+: M2: Gross: sa (CAD mn) | 2,796,379.000 Mar 2026 | monthly | Jan 1968 - Mar 2026 |
| Official International Reserves: Gold (USD mn) | 0.000 May 2026 | monthly | Dec 1994 - May 2026 |
| Official International Reserves (USD mn) | 126,929.000 May 2026 | monthly | Dec 1994 - May 2026 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 18.6 May 2026 | monthly | Dec 2001 - May 2026 |
| Business Outlook Survey (BOS) Indicator (%) | -0.360 Mar 2026 | quarterly | Sep 2003 - Mar 2026 |
| Purchasing Manager Index: Seasonally Adjusted (NA) | 58.200 May 2026 | monthly | Dec 2000 - May 2026 |
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