Canada Consolidated Fiscal Balance: % of GDP

1993 - 2020 | Quarterly | % | CEIC Data

Canada Consolidated Fiscal Balance recorded a deficit equal to 6.4 % of its Nominal GDP in Jun 2020, 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 Jun 2020, with an average ratio of -0.3 %. The data reached an all-time high of 1.9 % in Dec 2000 and a record low of -6.4 % in Jun 2020. CEIC calculates quarterly Consolidated Fiscal Balance as % of Nominal GDP from monthly Consolidated Fiscal Balance and quarterly Nominal GDP. The Department of Finance Canada provides Consolidated Fiscal Balance in local currency. Statistics Canada provides Nominal GDP in local currency.

In the latest reports, Canada National Government Debt reached 923.9 USD bn in Mar 2020. Canada Nominal GDP reached 359.0 USD bn in Jun 2020.

View Canada's Consolidated Fiscal Balance: % of GDP from Jun 1993 to Jun 2020 in the chart:

Canada Consolidated Fiscal Balance: % of GDP

What was Canada's Consolidated Fiscal Balance: % of GDP in Jun 2020?

Last Previous Min Max Unit Frequency Range
-6.4 Jun 2020 -0.9 Mar 2020 -6.4 Jun 2020 1.9 Dec 2000 % quarterly Jun 1993 - Jun 2020

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 (%) -1.9 2019 yearly 1997 - 2019
Algeria (%) -8.8 2017 yearly 1994 - 2017
Argentina (%) -7.2 Jun 2020 quarterly Dec 2004 - Jun 2020
Armenia (%) -3.5 Jun 2020 quarterly Dec 2002 - Jun 2020
Australia (%) -7.2 Jun 2020 quarterly Jun 2003 - Jun 2020
Austria (%) -3.8 Jun 2020 quarterly Dec 2001 - Jun 2020
Azerbaijan (%) -2.4 Dec 2020 monthly Dec 2004 - Dec 2020
Bahrain (%) -5.0 2014 yearly 1998 - 2014
Bangladesh (%) -5.4 2020 yearly 2006 - 2020
Belarus (%) -1.1 Jun 2020 quarterly Sep 2006 - Jun 2020

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Canada Key Series

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Includes 335 key indicators for Canada, curated by CEIC analysts. Instant access to full history data in excel.
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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