Canada Consolidated Fiscal Balance: % of GDP
1993 - 2022 | Quarterly | % | CEIC Data
Key information about Canada Consolidated Fiscal Balance: % of GDP
- Canada Consolidated Fiscal Balance recorded a deficit equal to 1.1 % of its Nominal GDP in Dec 2022, compared with a deficit equal to 0.9 % in the previous quarter
- Canada Consolidated Fiscal Balance to GDP data is updated quarterly, available from Jun 1993 to Dec 2022, with an average ratio of -0.6 %
- The data reached an all-time high of 1.9 % in Dec 2000 and a record low of -14.0 % in Mar 2021
Further information about Canada Consolidated Fiscal Balance: % of GDP
- In the latest reports, Canada National Government Debt reached 1,473.0 USD bn in Mar 2022
- Canada Nominal GDP reached 513.5 USD bn in Dec 2022
View Canada's Consolidated Fiscal Balance: % of GDP from Jun 1993 to Dec 2022 in the chart:
What was Canada's Consolidated Fiscal Balance: % of GDP in Dec 2022?
Canada Consolidated Fiscal Balance recorded a deficit equal to 1.1 % of its Nominal GDP in Dec 2022, compared with a deficit equal to 0.9 % in the previous quarter See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -1.1 Dec 2022 | -0.9 Sep 2022 | -14.0 Mar 2021 | 1.9 Dec 2000 | % | quarterly | Jun 1993 - Dec 2022 |
Consolidated Fiscal Balance: % of GDP by Country Comparison
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Includes Consolidated Fiscal Balance: % of GDP on 115 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | -3.7 2022 | yearly | 1997 - 2022 |
| Algeria (%) | -7.3 2021 | yearly | 1994 - 2021 |
| Argentina (%) | -3.8 Dec 2022 | quarterly | Dec 2004 - Dec 2022 |
| Armenia (%) | -1.5 Sep 2022 | quarterly | Dec 2002 - Sep 2022 |
| Australia (%) | -2.0 Dec 2022 | quarterly | Jun 2003 - Dec 2022 |
| Austria (%) | -3.2 Dec 2022 | quarterly | Dec 2001 - Dec 2022 |
| Azerbaijan (%) | 0.4 Jun 2021 | monthly | Dec 2004 - Jun 2021 |
| Bahrain (%) | -7.0 2021 | yearly | 1998 - 2021 |
| Bangladesh (%) | -5.1 2022 | yearly | 2006 - 2022 |
| Belarus (%) | -0.4 Sep 2021 | quarterly | Sep 2006 - Sep 2021 |
| Belgium (%) | -3.9 2022 | yearly | 1970 - 2022 |
| Bolivia (%) | -8.5 2021 | yearly | 1990 - 2021 |
| Bosnia and Herzegovina (%) | 4.8 Sep 2022 | quarterly | Dec 2008 - Sep 2022 |
| Botswana (%) | 1.6 Dec 2022 | quarterly | Mar 2004 - Dec 2022 |
| Brazil (%) | -4.5 Mar 2023 | quarterly | Dec 1997 - Mar 2023 |
| Brunei (%) | -5.4 2021 | yearly | 2010 - 2021 |
| Bulgaria (%) | -0.8 Dec 2022 | quarterly | Sep 2003 - Dec 2022 |
| Cambodia (%) | -6.4 2021 | yearly | 2007 - 2021 |
| Canada (%) | -1.1 Dec 2022 | quarterly | Jun 1993 - Dec 2022 |
| Chile (%) | -7.5 2021 | yearly | 1990 - 2021 |
| China (%) | -5.0 Mar 2023 | quarterly | Dec 1995 - Mar 2023 |
| Colombia (%) | -4.9 Sep 2022 | quarterly | Dec 2000 - Sep 2022 |
| Croatia (%) | -2.6 2021 | yearly | 2002 - 2021 |
| Cyprus (%) | 2.1 Dec 2022 | quarterly | Dec 1995 - Dec 2022 |
| Czech Republic (%) | -3.6 Dec 2022 | quarterly | Dec 1999 - Dec 2022 |
| Denmark (%) | 3.3 Dec 2022 | quarterly | Dec 1999 - Dec 2022 |
| Ecuador (%) | -0.2 Dec 2022 | quarterly | Dec 2000 - Dec 2022 |
| Estonia (%) | -1.0 Dec 2022 | quarterly | Dec 1999 - Dec 2022 |
| European Union (%) | -3.4 2022 | yearly | 1995 - 2022 |
| Finland (%) | -0.8 Dec 2022 | quarterly | Dec 1999 - Dec 2022 |
| France (%) | -4.1 Sep 2022 | quarterly | Dec 1949 - Sep 2022 |
| Georgia (%) | -2.5 Dec 2022 | quarterly | Dec 2006 - Dec 2022 |
| Germany (%) | -2.6 Dec 2022 | quarterly | Dec 1991 - Dec 2022 |
| Ghana (%) | -8.9 Jun 2022 | quarterly | Dec 2008 - Jun 2022 |
| Greece (%) | -1.3 Dec 2018 | monthly | Apr 1999 - Dec 2018 |
| Hong Kong SAR, China (%) | -7.9 Dec 2022 | quarterly | Sep 1999 - Dec 2022 |
| Hungary (%) | -6.2 Dec 2022 | quarterly | Dec 1999 - Dec 2022 |
| Iceland (%) | -4.7 Dec 2022 | quarterly | Mar 2002 - Dec 2022 |
| India (%) | -6.9 Dec 2022 | quarterly | Mar 2005 - Dec 2022 |
| Indonesia (%) | -2.4 Dec 2022 | quarterly | Dec 2014 - Dec 2022 |
| Iran (%) | -4.8 Mar 2019 | quarterly | Mar 2006 - Mar 2019 |
| Ireland (%) | 1.6 Dec 2022 | quarterly | Dec 2000 - Dec 2022 |
| Israel (%) | 0.6 Dec 2022 | quarterly | Dec 1999 - Dec 2022 |
| Italy (%) | -5.5 Dec 2022 | quarterly | Dec 1999 - Dec 2022 |
| Ivory Coast (%) | -5.0 2021 | yearly | 1960 - 2021 |
| Japan (%) | -6.2 2024 | yearly | 1996 - 2024 |
| Jordan (%) | 1.0 2018 | yearly | 1999 - 2018 |
| Kazakhstan (%) | -1.3 Dec 2022 | quarterly | Dec 2008 - Dec 2022 |
| Kenya (%) | -3.0 Sep 2022 | quarterly | Dec 2009 - Sep 2022 |
| South Korea (%) | -3.0 Dec 2022 | quarterly | Jun 2000 - Dec 2022 |
| Kosovo (%) | -0.1 Dec 2022 | quarterly | Dec 2010 - Dec 2022 |
| Kuwait (%) | -9.6 2019 | yearly | 1988 - 2019 |
| Kyrgyzstan (%) | 10.8 Jan 2023 | monthly | Jan 2007 - Jan 2023 |
| Laos (%) | -1.3 2021 | yearly | 2012 - 2021 |
| Latvia (%) | -4.4 Dec 2022 | quarterly | Dec 1999 - Dec 2022 |
| Lebanon (%) | -4.3 2020 | yearly | 1992 - 2020 |
| Lithuania (%) | -0.6 Dec 2022 | quarterly | Dec 1999 - Dec 2022 |
| Luxembourg (%) | 0.2 2022 | yearly | 1995 - 2022 |
| Macau SAR, China (%) | -12.5 Sep 2021 | quarterly | Dec 2003 - Sep 2021 |
| North Macedonia (%) | -4.5 2022 | yearly | 1993 - 2022 |
| Malawi (%) | -0.4 Feb 2023 | monthly | Apr 2005 - Feb 2023 |
| Malaysia (%) | -4.3 2021 | yearly | 1970 - 2021 |
| Malta (%) | -5.8 Dec 2022 | quarterly | Dec 2000 - Dec 2022 |
| Mauritius (%) | -5.4 Sep 2022 | quarterly | Dec 2010 - Sep 2022 |
| Mexico (%) | -3.4 Dec 2022 | quarterly | Dec 1980 - Dec 2022 |
| Moldova (%) | -1.9 2021 | yearly | 1998 - 2021 |
| Mongolia (%) | -1.9 Dec 2022 | quarterly | Dec 2000 - Dec 2022 |
| Montenegro (%) | -4.5 Dec 2022 | quarterly | Dec 2012 - Dec 2022 |
| Morocco (%) | -8.1 2021 | yearly | 1980 - 2021 |
| Mozambique (%) | -2.7 2016 | yearly | 1996 - 2016 |
| Myanmar (%) | -6.2 2020 | yearly | 1986 - 2020 |
| Nepal (%) | -10.0 2018 | yearly | 2012 - 2018 |
| Netherlands (%) | 0.0 Dec 2022 | quarterly | Dec 1999 - Dec 2022 |
| New Zealand (%) | -0.7 Dec 2022 | quarterly | Dec 1999 - Dec 2022 |
| Nigeria (%) | -4.1 Sep 2022 | quarterly | Dec 2010 - Sep 2022 |
| Norway (%) | 26.0 Dec 2022 | quarterly | Dec 2002 - Dec 2022 |
| Oman (%) | 1.7 Jun 2022 | quarterly | Dec 2005 - Jun 2022 |
| Pakistan (%) | -6.1 2021 | yearly | 2000 - 2021 |
| Palestinian Territory (%) | -4.0 2020 | yearly | 2010 - 2020 |
| Panama (%) | -3.9 2022 | yearly | 2003 - 2022 |
| Paraguay (%) | -0.1 Dec 2022 | quarterly | Dec 2003 - Dec 2022 |
| Peru (%) | -1.4 Dec 2022 | quarterly | Dec 1990 - Dec 2022 |
| Philippines (%) | -7.3 Dec 2022 | quarterly | Dec 1985 - Dec 2022 |
| Poland (%) | -3.7 2022 | yearly | 1995 - 2022 |
| Portugal (%) | -0.4 Dec 2022 | quarterly | Sep 1999 - Dec 2022 |
| Qatar (%) | 5.3 Dec 2022 | quarterly | Mar 2011 - Dec 2022 |
| Romania (%) | -5.7 Dec 2022 | quarterly | Dec 2004 - Dec 2022 |
| Russia (%) | -1.4 Dec 2022 | quarterly | Dec 1993 - Dec 2022 |
| Saudi Arabia (%) | 2.5 2022 | yearly | 1969 - 2022 |
| Serbia (%) | -3.1 Dec 2022 | quarterly | Dec 2005 - Dec 2022 |
| Singapore (%) | 2.0 Dec 2022 | quarterly | Mar 2012 - Dec 2022 |
| Slovakia (%) | -6.2 2020 | yearly | 1995 - 2020 |
| Slovenia (%) | -2.7 Dec 2022 | quarterly | Dec 2000 - Dec 2022 |
| South Africa (%) | -4.4 Dec 2022 | quarterly | Dec 1990 - Dec 2022 |
| Spain (%) | -4.8 Dec 2022 | quarterly | Dec 1995 - Dec 2022 |
| Sri Lanka (%) | -10.2 Dec 2022 | quarterly | Dec 2014 - Dec 2022 |
| Sudan (%) | -0.6 2021 | yearly | 2001 - 2021 |
| Sweden (%) | 0.7 2022 | yearly | 1995 - 2022 |
| Switzerland (%) | -0.3 2021 | yearly | 1990 - 2021 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.1 Dec 2022 | quarterly | Jun 1993 - Dec 2022 |
| Consolidated Fiscal Balance (USD mn) | 7,085.625 Feb 2023 | monthly | May 1992 - Feb 2023 |
| Tax Revenue (USD mn) | 28,163.371 Feb 2023 | monthly | Jan 1996 - Feb 2023 |
| Tax Revenue: % of GDP (%) | 12.3 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| National Government Debt (USD mn) | 1,473,046.8 2022 | yearly | 1962 - 2022 |
| Government Debt: % of GDP (%) | 71.3 2022 | yearly | 1962 - 2022 |
| Forecast: Government Expenditure (CAD bn) | 1,403.695 2028 | yearly | 1980 - 2028 |
| Forecast: Government Net Debt (CAD bn) | 3,127.329 2028 | yearly | 1980 - 2028 |
| Forecast: Government Revenue (CAD bn) | 1,381.310 2027 | yearly | 1980 - 2027 |
| Budgetary Revenue (CAD mn) | 38,815.000 Jan 2023 | monthly | May 1992 - Jan 2023 |
| Budgetary Balance: Deficit or Surplus (CAD mn) | -1,983.000 Dec 2022 | monthly | May 1992 - Dec 2022 |
| Budgetary Revenue: TR: Excise Taxes & Duties (CAD mn) | 4,658.000 Feb 2023 | monthly | Jan 1996 - Feb 2023 |
| Budgetary Expense (CAD mn) | -37,309.000 Dec 2022 | monthly | May 1992 - Dec 2022 |
| Budgetary Revenue: Tax Revenues (TR) (CAD mn) | 31,136.000 Dec 2022 | monthly | Jan 1996 - Dec 2022 |
| FIN Forecast: Budgetary Revenue (CAD mn) | 542,400.000 2028 | yearly | 1996 - 2028 |
| FIN Forecast: Budgetary Expense (CAD mn) | 535,500.000 2028 | yearly | 1996 - 2028 |
| FIN Forecast: Budgetary Balance (CAD mn) | 4,500.000 2028 | yearly | 1996 - 2028 |
| FIN Forecast: Budgetary Revenue: Tax: Excise Taxes & Duties (ET) (CAD mn) | 71,400.000 2027 | yearly | 2000 - 2027 |
| Net Financing Activities (CAD mn) | -11,689.000 Feb 2023 | monthly | Jan 1996 - Feb 2023 |
| FIN Forecast: Federal Debt (CAD mn) | 1,246,700.000 2028 | yearly | 1997 - 2028 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.689 2027 | yearly | 1980 - 2027 |
| Trade Balance (USD mn) | 710.4 Mar 2023 | monthly | Jan 1988 - Mar 2023 |
| Total Exports (USD mn) | 49,935.6 Jan 2023 | monthly | Jan 1988 - Jan 2023 |
| Total Exports Growth (%) | 6.4 Feb 2023 | monthly | Jan 1989 - Feb 2023 |
| Aluminum: Exports (USD th) | 9,881,908.000 2021 | yearly | 1995 - 2021 |
| Exports: Medicament (USD th) | 8,651,176.943 2021 | yearly | 1995 - 2021 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 951,763.844 2021 | yearly | 1995 - 2021 |
| Total Imports (USD mn) | 45,743.3 Mar 2023 | monthly | Jan 1988 - Mar 2023 |
| Total Imports Growth (%) | 0.0 Mar 2023 | monthly | Jan 1989 - Mar 2023 |
| Imports: Medicament (USD th) | 9,962,257.486 2021 | yearly | 1995 - 2021 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 9,570,531.231 2021 | yearly | 1995 - 2021 |
| Total Exports to USA (USD mn) | 34,901.411 Mar 2023 | monthly | Jan 1988 - Mar 2023 |
| Total Imports from USA (USD mn) | 29,320.909 Mar 2023 | monthly | Jan 1997 - Mar 2023 |
| Total Exports to China (USD mn) | 2,116.568 Mar 2023 | monthly | Jan 1997 - Mar 2023 |
| Total Imports from China (USD mn) | 3,963.431 Feb 2023 | monthly | Jan 1997 - Feb 2023 |
| CA: Export Unit Value Index (2010=100) | 106.461 2011 | yearly | 1948 - 2011 |
| CA: Import Unit Value Index (2010=100) | 104.348 2011 | yearly | 1948 - 2011 |
| Coal Exports (kton) | 1,714.000 Dec 2022 | monthly | Jan 1977 - Dec 2022 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Light Emitting Diodes ... (CAD th) | 9,124.200 Jan 2023 | monthly | Jan 2022 - Jan 2023 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Photovoltaic Cells ass... (CAD th) | 38,703.231 Feb 2023 | monthly | Jan 2022 - Feb 2023 |
| Import Value (Val): HS: Iron and Steel (IS) (CAD th) | 954,559.686 Feb 2023 | monthly | Jan 1988 - Feb 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.3 Dec 2022 | quarterly | Mar 2005 - Dec 2022 |
| Household Debt: % of GDP (%) | 101.4 Dec 2022 | quarterly | Mar 1969 - Dec 2022 |
| Money Supply M1 (USD mn) | 1,119,347.826 Feb 2023 | monthly | Mar 1975 - Feb 2023 |
| Money Supply M2 (USD mn) | 1,768,550.842 Dec 2022 | monthly | Jan 1968 - Dec 2022 |
| M2 Growth (%) | 3.6 Feb 2023 | monthly | Jan 1969 - Feb 2023 |
| Foreign Exchange Reserves (USD mn) | 81,835.0 Mar 2023 | monthly | Jun 1999 - Mar 2023 |
| Foreign Exchange Reserves: % of GDP (%) | 3.727 Dec 2022 | quarterly | Jun 1999 - Dec 2022 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.8 Jan 2023 | monthly | Jun 1999 - Jan 2023 |
| Gold Reserves (USD mn) | 0.000 Mar 2023 | monthly | Dec 1956 - Mar 2023 |
| Total Deposits (USD mn) | 4,249,123.780 Jan 2023 | monthly | Jan 2009 - Jan 2023 |
| Total Deposits Growth (%) | 9.3 Jan 2023 | monthly | Jan 2010 - Jan 2023 |
| Domestic Credit (USD mn) | 4,482,583.0 Feb 2023 | monthly | Jan 1969 - Feb 2023 |
| Domestic Credit Growth (%) | 5.8 Jan 2023 | monthly | Jan 1970 - Jan 2023 |
| Debt Service Ratio: Households (%) | 13.500 Sep 2022 | quarterly | Mar 1999 - Sep 2022 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 22.400 Sep 2022 | quarterly | Mar 1999 - Sep 2022 |
| Credit to Households (USD bn) | 2,061.219 Sep 2022 | quarterly | Mar 1969 - Sep 2022 |
| Credit to Private Non-Financial Sector (USD bn) | 4,334.988 Sep 2022 | quarterly | Mar 1954 - Sep 2022 |
| Household Debt (USD mn) | 2,071,875.7 Feb 2023 | monthly | Jan 1969 - Feb 2023 |
| Total Loans (USD mn) | 3,015,081.522 Feb 2023 | monthly | Jan 1969 - Feb 2023 |
| Total Loans Growth (%) | 7.14 Feb 2023 | monthly | Jan 1970 - Feb 2023 |
| Private Debt: % of Nominal GDP (%) | 218.19 Dec 2022 | quarterly | Mar 1969 - Dec 2022 |
| Money Supply: M2+: M2: Gross (CAD mn) | 2,408,096.000 Dec 2022 | monthly | Jan 1968 - Dec 2022 |
| Money Supply: M1+: Gross (CAD mn) | 1,554,907.000 Dec 2022 | monthly | Mar 1975 - Dec 2022 |
| Money Supply: M1+: Gross: sa (CAD mn) | 1,529,803.000 Jan 2023 | monthly | Mar 1975 - Jan 2023 |
| Money Supply: M3: Gross (CAD mn) | 3,429,874.000 Dec 2022 | monthly | Jan 1970 - Dec 2022 |
| Money Supply: M3: Gross: sa (CAD mn) | 3,417,874.000 Dec 2022 | monthly | Jan 1970 - Dec 2022 |
| Money Supply: M2+: M2: Gross: sa (CAD mn) | 2,393,203.000 Dec 2022 | monthly | Jan 1968 - Dec 2022 |
| Official International Reserves (USD mn) | 109,960.000 Mar 2023 | monthly | Dec 1994 - Mar 2023 |
| Official International Reserves: Gold (USD mn) | 0.000 Feb 2023 | monthly | Dec 1994 - Feb 2023 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -24.6 Feb 2023 | monthly | Dec 2001 - Feb 2023 |
| Purchasing Manager Index: Seasonally Adjusted (NA) | 51.600 Feb 2023 | monthly | Dec 2000 - Feb 2023 |
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