Canada External Debt: % of GDP
Key information about Canada External Debt: % of GDP
- Canada External Debt accounted for 147.8 % of the country's Nominal GDP in 2025, compared with the ratio of 145.0 % in the previous year.
- Canada External Debt: % of Nominal GDP data is updated yearly, available from Dec 1990 to Dec 2025.
- The data reached an all-time high of 149.1 % in Dec 2020 and a record low of 56.2 % in Dec 1990.
CEIC calculates External Debt as % of Nominal GDP from quarterly External Debt and quarterly Nominal GDP. Statistics Canada provides External Debt in local currency and Nominal GDP in local currency.
Related information about Canada External Debt: % of GDP
- In the latest reports of Canada, Current Account recorded a deficit of 7.0 USD bn in Sep 2025.
- Foreign Direct Investment (FDI) increased by 18.0 USD bn in Dec 2025.
- Canada Direct Investment Abroad expanded by 9.7 USD bn in Dec 2025.
- Its Foreign Portfolio Investment increased by 41.8 USD bn in Dec 2025.
- The country's External Debt reached 3,497,031.8 in Dec 2025.
- The country's Nominal GDP was reported at 590.9 USD bn in Sep 2025.
View Canada's External Debt: % of GDP from 1990 to 2025 in the chart:
What was Canada's External Debt: % of GDP in 2025?
Canada External Debt accounted for 147.8 % of the country's Nominal GDP in 2025, compared with the ratio of 145.0 % in the previous year. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 147.8 2025 | 145.0 2024 | 56.2 1990 | 149.1 2020 | % | yearly | 1990 - 2025 |
External Debt: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 37.8 2025 | yearly | 1991 - 2025 |
| Algeria (%) | 1.1 2024 | yearly | 1970 - 2024 |
| Argentina (%) | 46.8 2025 | yearly | 1994 - 2025 |
| Armenia (%) | 64.7 2025 | yearly | 2000 - 2025 |
| Australia (%) | 107.6 2025 | yearly | 1988 - 2025 |
| Austria (%) | 154.5 2024 | yearly | 1997 - 2024 |
| Azerbaijan (%) | 14.9 Dec 2021 | quarterly | Dec 2001 - Dec 2021 |
| Bangladesh (%) | 11.4 2017 | yearly | 1997 - 2017 |
| Belarus (%) | 40.7 Dec 2025 | quarterly | Dec 2000 - Dec 2025 |
| Belgium (%) | 242.8 2025 | yearly | 2007 - 2025 |
| Bolivia (%) | 33.0 2024 | yearly | 2006 - 2024 |
| Bosnia and Herzegovina (%) | 16.4 2025 | yearly | 1999 - 2025 |
| Botswana (%) | 7.8 2025 | yearly | 1995 - 2025 |
| Brazil (%) | 29.0 2025 | yearly | 1992 - 2025 |
| Bulgaria (%) | 50.5 2025 | yearly | 1999 - 2025 |
| Cambodia (%) | 45.4 2024 | yearly | 2010 - 2024 |
| Canada (%) | 147.8 2025 | yearly | 1990 - 2025 |
| Chile (%) | 77.6 2025 | yearly | 1971 - 2025 |
| China (%) | 11.9 2025 | yearly | 1985 - 2025 |
| Colombia (%) | 48.0 2024 | yearly | 1970 - 2024 |
| Croatia (%) | 74.3 2022 | yearly | 1998 - 2022 |
| Cyprus (%) | 617.2 2025 | yearly | 2004 - 2025 |
| Czech Republic (%) | 66.4 2025 | yearly | 1995 - 2025 |
| Denmark (%) | 142.9 2025 | yearly | 2005 - 2025 |
| Ecuador (%) | 49.6 2025 | yearly | 1970 - 2025 |
| Egypt (%) | 42.4 Sep 2025 | quarterly | Jun 1999 - Sep 2025 |
| Estonia (%) | 100.4 2025 | yearly | 1996 - 2025 |
| European Union (%) | 106.7 2025 | yearly | 2013 - 2025 |
| Finland (%) | 207.2 2025 | yearly | 1991 - 2025 |
| France (%) | 250.2 2024 | yearly | 2004 - 2024 |
| Georgia (%) | 70.3 2025 | yearly | 1999 - 2025 |
| Germany (%) | 151.3 2025 | yearly | 1999 - 2025 |
| Ghana (%) | 25.7 2025 | yearly | 1999 - 2025 |
| Greece (%) | 237.7 2025 | yearly | 2003 - 2025 |
| Hong Kong SAR, China (%) | 481.9 2025 | yearly | 2001 - 2025 |
| Hungary (%) | 118.0 2025 | yearly | 2006 - 2025 |
| Iceland (%) | 75.3 2025 | yearly | 1989 - 2025 |
| India (%) | 19.1 2025 | yearly | 1970 - 2025 |
| Indonesia (%) | 29.9 2025 | yearly | 2003 - 2025 |
| Iran (%) | 0.8 2025 | yearly | 1994 - 2025 |
| Ireland (%) | 507.4 2025 | yearly | 2002 - 2025 |
| Israel (%) | 26.9 2025 | yearly | 1998 - 2025 |
| Italy (%) | 120.8 2024 | yearly | 2002 - 2024 |
| Ivory Coast (%) | 34.4 2022 | yearly | 1994 - 2022 |
| Japan (%) | 109.3 2025 | yearly | 2003 - 2025 |
| Jordan (%) | 74.1 2025 | yearly | 1970 - 2025 |
| Kazakhstan (%) | 59.5 Dec 2025 | quarterly | Mar 2002 - Dec 2025 |
| Kenya (%) | 31.1 2025 | yearly | 2006 - 2025 |
| South Korea (%) | 41.1 2025 | yearly | 1994 - 2025 |
| Kosovo (%) | 40.7 2024 | yearly | 2007 - 2024 |
| Kuwait (%) | 41.3 2024 | yearly | 2014 - 2024 |
| Kyrgyzstan (%) | 68.2 2024 | yearly | 2003 - 2024 |
| Laos (%) | 68.7 2024 | yearly | 1996 - 2024 |
| Latvia (%) | 99.5 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Lebanon (%) | 21.3 2023 | yearly | 2007 - 2023 |
| Lithuania (%) | 93.1 2025 | yearly | 1996 - 2025 |
| Luxembourg (%) | 3,937.1 2025 | yearly | 2002 - 2025 |
| North Macedonia (%) | 72.0 2025 | yearly | 2004 - 2025 |
| Malawi (%) | 60.1 2021 | yearly | 2006 - 2021 |
| Malaysia (%) | 68.9 2025 | yearly | 2009 - 2025 |
| Malta (%) | 785.5 2025 | yearly | 2004 - 2025 |
| Mauritius (%) | 1,200.9 2025 | yearly | 2009 - 2025 |
| Mexico (%) | 35.1 2025 | yearly | 2002 - 2025 |
| Moldova (%) | 56.7 2024 | yearly | 2000 - 2024 |
| Mongolia (%) | 159.5 2025 | yearly | 1992 - 2025 |
| Montenegro (%) | 105.7 2024 | yearly | 2006 - 2024 |
| Morocco (%) | 50.8 2022 | yearly | 1970 - 2022 |
| Mozambique (%) | 49.2 2023 | yearly | 1985 - 2023 |
| Myanmar (%) | 18.9 2023 | yearly | 2018 - 2023 |
| Nepal (%) | 17.3 2016 | yearly | 2001 - 2016 |
| Netherlands (%) | 345.3 2025 | yearly | 2003 - 2025 |
| New Zealand (%) | 98.2 2025 | yearly | 1993 - 2025 |
| Nigeria (%) | 12.0 2025 | yearly | 1985 - 2025 |
| Norway (%) | 156.0 2025 | yearly | 2003 - 2025 |
| Pakistan (%) | 33.4 2025 | yearly | 2000 - 2025 |
| Palestinian Territory (%) | 13.1 2024 | yearly | 2012 - 2024 |
| Panama (%) | 167.4 2021 | yearly | 2014 - 2021 |
| Paraguay (%) | 59.8 2025 | yearly | 2000 - 2025 |
| Peru (%) | 33.5 2025 | yearly | 1980 - 2025 |
| Philippines (%) | 30.3 2025 | yearly | 1990 - 2025 |
| Poland (%) | 50.1 2025 | yearly | 1995 - 2025 |
| Portugal (%) | 145.3 2025 | yearly | 1996 - 2025 |
| Qatar (%) | 106.1 2018 | yearly | 2000 - 2018 |
| Romania (%) | 57.5 2024 | yearly | 1995 - 2024 |
| Russia (%) | 12.5 2025 | yearly | 1993 - 2025 |
| Serbia (%) | 60.5 2024 | yearly | 2000 - 2024 |
| Singapore (%) | 402.2 2025 | yearly | 2003 - 2025 |
| Slovakia (%) | 100.8 2025 | yearly | 1995 - 2025 |
| Slovenia (%) | 88.9 2025 | yearly | 1995 - 2025 |
| South Africa (%) | 46.9 2025 | yearly | 1985 - 2025 |
| Spain (%) | 162.9 2024 | yearly | 1995 - 2024 |
| Sri Lanka (%) | 75.0 2022 | yearly | 1998 - 2022 |
| Sudan (%) | 202.2 2021 | yearly | 2001 - 2021 |
| Sweden (%) | 157.5 2025 | yearly | 1997 - 2025 |
| Switzerland (%) | 226.4 2025 | yearly | 1999 - 2025 |
| Taiwan, China (%) | 26.5 2025 | yearly | 1999 - 2025 |
| Tajikistan (%) | 37.7 2021 | yearly | 2000 - 2021 |
| Thailand (%) | 35.4 Dec 2025 | quarterly | Mar 2005 - Dec 2025 |
| Tunisia (%) | 73.8 2025 | yearly | 2002 - 2025 |
| Turkey (%) | 32.6 2025 | yearly | 1995 - 2025 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
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) | 4,146.395 Feb 2026 | monthly | May 1992 - Feb 2026 |
| Tax Revenue (USD mn) | 29,539.859 Feb 2026 | monthly | Jan 1996 - Feb 2026 |
| 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) | 1,789.926 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 2025 | yearly | 1967 - 2025 |
| Net Financing Activities (CAD mn) | 7,880.000 Feb 2026 | monthly | Jan 1996 - Feb 2026 |
| Budgetary Revenue: Tax Revenues (TR) (CAD mn) | 40,316.000 Feb 2026 | monthly | Jan 1996 - Feb 2026 |
| Budgetary Balance: Deficit or Surplus (CAD mn) | 5,659.000 Feb 2026 | monthly | May 1992 - Feb 2026 |
| Budgetary Expense (CAD mn) | -42,756.000 Feb 2026 | monthly | May 1992 - Feb 2026 |
| Budgetary Revenue (CAD mn) | 48,415.000 Feb 2026 | monthly | May 1992 - Feb 2026 |
| Budgetary Revenue: TR: Excise Taxes & Duties (CAD mn) | 5,366.000 Feb 2026 | monthly | Jan 1996 - Feb 2026 |
| 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) | 2,908,830.439 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 (%) | 8.8 Mar 2026 | monthly | Jan 1989 - Mar 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 (%) | 2.5 Mar 2026 | monthly | Jan 1989 - Mar 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) | 35,354.519 Mar 2026 | monthly | Jan 1988 - Mar 2026 |
| Total Imports from USA (USD mn) | 30,200.510 Mar 2026 | monthly | Jan 1997 - Mar 2026 |
| Total Exports to China (USD mn) | 2,404.883 Mar 2026 | monthly | Jan 1997 - Mar 2026 |
| Total Imports from China (USD mn) | 4,210.569 Mar 2026 | monthly | Jan 1997 - Mar 2026 |
| Coal Exports (kton) | 2,417.000 Feb 2026 | monthly | Jan 1977 - Feb 2026 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Light Emitting Diodes ... (CAD th) | 11,579.105 Mar 2026 | monthly | Jan 2022 - Mar 2026 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Photovoltaic Cells ass... (CAD th) | 5,102.331 Mar 2026 | monthly | Jan 2022 - Mar 2026 |
| Import Value (Val): HS: Iron and Steel (IS) (CAD th) | 748,788.266 Mar 2026 | monthly | Jan 1988 - Mar 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) | 1,291,386.444 Feb 2026 | monthly | Mar 1975 - Feb 2026 |
| Money Supply M2 (USD mn) | 2,044,892.165 Feb 2026 | monthly | Jan 1968 - Feb 2026 |
| M2 Growth (%) | 3.7 Feb 2026 | monthly | Jan 1969 - Feb 2026 |
| Foreign Exchange Reserves (USD mn) | 96,496.0 Apr 2026 | monthly | Jun 1999 - Apr 2026 |
| Foreign Exchange Reserves: % of GDP (%) | 4.237 Dec 2025 | quarterly | Jun 1999 - Dec 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.8 Mar 2026 | monthly | Jun 1999 - Mar 2026 |
| Gold Reserves (USD mn) | 0.000 Apr 2026 | monthly | Dec 1956 - Apr 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) | 5,019,185.7 Feb 2026 | monthly | Jan 1969 - Feb 2026 |
| Domestic Credit Growth (%) | 3.9 Feb 2026 | monthly | Jan 1970 - Feb 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 (%) | 4.28 Feb 2026 | monthly | Jan 1970 - Feb 2026 |
| Private Debt: % of Nominal GDP (%) | 209.65 Dec 2025 | quarterly | Mar 1969 - Dec 2025 |
| Money Supply: M1+: Gross: sa (CAD mn) | 1,760,418.000 Feb 2026 | monthly | Mar 1975 - Feb 2026 |
| Money Supply: M3: Gross (CAD mn) | 4,014,067.000 Feb 2026 | monthly | Jan 1970 - Feb 2026 |
| Money Supply: M1+: Gross (CAD mn) | 1,750,892.000 Feb 2026 | monthly | Mar 1975 - Feb 2026 |
| Money Supply: M2+: M2: Gross: sa (CAD mn) | 2,787,597.000 Feb 2026 | monthly | Jan 1968 - Feb 2026 |
| Money Supply: M2+: M2: Gross (CAD mn) | 2,791,475.000 Feb 2026 | monthly | Jan 1968 - Feb 2026 |
| Money Supply: M3: Gross: sa (CAD mn) | 4,002,547.000 Feb 2026 | monthly | Jan 1970 - Feb 2026 |
| Official International Reserves (USD mn) | 126,725.000 Apr 2026 | monthly | Dec 1994 - Apr 2026 |
| Official International Reserves: Gold (USD mn) | 0.000 Apr 2026 | monthly | Dec 1994 - Apr 2026 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 19.6 Apr 2026 | monthly | Dec 2001 - Apr 2026 |
| Business Outlook Survey (BOS) Indicator (%) | -0.360 Mar 2026 | quarterly | Sep 2003 - Mar 2026 |
| Purchasing Manager Index: Seasonally Adjusted (NA) | 57.700 Apr 2026 | monthly | Dec 2000 - Apr 2026 |
More Indicators for Canada
Request a demo of CEIC
CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.