Canada Forecast: Government Expenditure
1980 - 2027 | Yearly | CAD bn | International Monetary Fund
Key information about Canada Forecast: Government Expenditure
- Canada Government Expenditure is forecasted to be 1,236.140 CAD bn in Dec 2023 as reported by International Monetary Fund.
- It records an increase from the last reported number of 1,208.370 CAD bn in Dec 2022.
- Looking ahead, Canada Government Expenditure is projected to stand at 1,399.490 CAD bn in Dec 2027.
- The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: General Government Total Expenditure.
View Canada's Forecast: Government Expenditure from 1980 to 2027 in the chart:
What is Canada's Forecast: Government Expenditure in 2027?
Canada Government Expenditure is forecasted to be 1,236.140 CAD bn in Dec 2023 as reported by International Monetary Fund. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 1,399.490 2027 | 1,358.980 2026 | 132.167 1980 | 1,399.490 2027 | CAD bn | yearly | 1980 - 2027 |
Forecast: Government Expenditure by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (AFA bn) | 432.266 2020 | yearly | 2002 - 2020 |
| Albania (ALL bn) | 805.245 2027 | yearly | 1997 - 2027 |
| Algeria (DZD bn) | 16,414.460 2027 | yearly | 1990 - 2027 |
| Andorra (%) | 34.828 2027 | yearly | 2001 - 2027 |
| Angola (AOA bn) | 17,424.120 2027 | yearly | 1996 - 2027 |
| Antigua and Barbuda (XCD bn) | 1.349 2027 | yearly | 1990 - 2027 |
| Argentina (ARS bn) | 224,067.720 2027 | yearly | 1993 - 2027 |
| Armenia (AMD bn) | 3,280.350 2027 | yearly | 2005 - 2027 |
| Aruba (%) | 21.612 2027 | yearly | 1995 - 2027 |
| Australia (AUD bn) | 1,062.320 2027 | yearly | 1988 - 2027 |
| Austria (EUR bn) | 269.509 2027 | yearly | 1988 - 2027 |
| Azerbaijan (AZN bn) | 49.977 2027 | yearly | 1994 - 2027 |
| Bahamas (BSD bn) | 3.799 2027 | yearly | 1990 - 2027 |
| Bahrain (BHD bn) | 5.093 2027 | yearly | 1990 - 2027 |
| Bangladesh (BDT bn) | 7,011.275 2024 | yearly | 1980 - 2024 |
| Barbados (BBD bn) | 4.311 2028 | yearly | 1995 - 2028 |
| Belarus (BYN bn) | 105.751 2027 | yearly | 2001 - 2027 |
| Belgium (EUR bn) | 368.160 2027 | yearly | 1980 - 2027 |
| Belize (BZD bn) | 1.670 2027 | yearly | 1996 - 2027 |
| Benin (XOF bn) | 3,114.650 2027 | yearly | 1989 - 2027 |
| Bhutan (BTN bn) | 97.386 2027 | yearly | 1981 - 2027 |
| Bolivia (BOB bn) | 132.318 2027 | yearly | 1984 - 2027 |
| Bosnia and Herzegovina (BAM bn) | 23.052 2027 | yearly | 1998 - 2027 |
| Botswana (BWP bn) | 96.698 2028 | yearly | 1981 - 2028 |
| Brazil (BRL bn) | 4,363.630 2027 | yearly | 1996 - 2027 |
| Brunei (BND bn) | 5.923 2027 | yearly | 1980 - 2027 |
| Bulgaria (BGN bn) | 73.373 2027 | yearly | 1998 - 2027 |
| Burkina Faso (XOF bn) | 3,888.760 2027 | yearly | 1985 - 2027 |
| Burundi (BIF bn) | 3,779.000 2027 | yearly | 1990 - 2027 |
| Cambodia (KHR bn) | 49,440.970 2027 | yearly | 1996 - 2027 |
| Cameroon (XAF bn) | 6,457.510 2027 | yearly | 2000 - 2027 |
| Canada (CAD bn) | 1,399.490 2027 | yearly | 1980 - 2027 |
| Cape Verde (CVE bn) | 83.171 2027 | yearly | 1994 - 2027 |
| Central African Republic (XAF bn) | 379.642 2027 | yearly | 1988 - 2027 |
| Chad (XAF bn) | 1,507.370 2027 | yearly | 1995 - 2027 |
| Chile (CLP bn) | 89,240.300 2027 | yearly | 1990 - 2027 |
| China (RMB bn) | 56,221.600 2027 | yearly | 1982 - 2027 |
| Colombia (COP bn) | 586,990.720 2027 | yearly | 1982 - 2027 |
| Comoros (KMF bn) | 151.807 2027 | yearly | 1984 - 2027 |
| Congo (XAF bn) | 2,431.400 2027 | yearly | 1989 - 2027 |
| Costa Rica (CRC bn) | 10,382.270 2027 | yearly | 1990 - 2027 |
| Croatia (HRK bn) | 288.395 2027 | yearly | 1992 - 2027 |
| Cyprus (EUR bn) | 12.830 2027 | yearly | 1995 - 2027 |
| Czech Republic (CZK bn) | 3,908.840 2027 | yearly | 1995 - 2027 |
| Democratic Republic of Congo (CDF bn) | 41,055.120 2027 | yearly | 1996 - 2027 |
| Denmark (DKK bn) | 1,672.530 2027 | yearly | 1980 - 2027 |
| Djibouti (DJF bn) | 201.583 2027 | yearly | 1990 - 2027 |
| Dominica (XCD bn) | 0.989 2027 | yearly | 1990 - 2027 |
| Dominican Republic (DOP bn) | 1,685.320 2027 | yearly | 1997 - 2027 |
| Ecuador (USD bn) | 44.173 2027 | yearly | 1995 - 2027 |
| Egypt (EGP bn) | 4,159.490 2027 | yearly | 1999 - 2027 |
| El Salvador (SVC bn) | 12.532 2027 | yearly | 1990 - 2027 |
| Equatorial Guinea (XAF bn) | 912.026 2027 | yearly | 1980 - 2027 |
| Eritrea (ERN bn) | 17.502 2027 | yearly | 1992 - 2027 |
| Estonia (EUR bn) | 21.001 2027 | yearly | 1995 - 2027 |
| Swaziland (SZL bn) | 29.289 2028 | yearly | 1981 - 2028 |
| Ethiopia (ETB bn) | 2,741.010 2027 | yearly | 1980 - 2027 |
| Fiji (FJD bn) | 4.616 2027 | yearly | 1992 - 2027 |
| Finland (EUR bn) | 170.484 2027 | yearly | 1980 - 2027 |
| France (EUR bn) | 1,763.220 2027 | yearly | 1980 - 2027 |
| Gabon (XAF bn) | 2,508.980 2027 | yearly | 1990 - 2027 |
| Gambia (GMD bn) | 44.820 2027 | yearly | 2000 - 2027 |
| Georgia (GEL bn) | 30.610 2027 | yearly | 1995 - 2027 |
| Germany (EUR bn) | 2,213.310 2027 | yearly | 1991 - 2027 |
| Ghana (GHS bn) | 316.152 2027 | yearly | 1980 - 2027 |
| Greece (EUR bn) | 111.803 2027 | yearly | 1980 - 2027 |
| Grenada (XCD bn) | 1.126 2027 | yearly | 1990 - 2027 |
| Guatemala (GTQ bn) | 138.552 2027 | yearly | 1995 - 2027 |
| Guinea (GNF bn) | 59,801.130 2027 | yearly | 1990 - 2027 |
| Guinea-Bissau (GWP bn) | 307.124 2027 | yearly | 1991 - 2027 |
| Guyana (GYD bn) | 754.632 2027 | yearly | 1997 - 2027 |
| Haiti (HTG bn) | 514.714 2027 | yearly | 1997 - 2027 |
| Honduras (HNL bn) | 194.475 2021 | yearly | 1990 - 2021 |
| Hong Kong SAR, China (HKD bn) | 879.080 2028 | yearly | 1982 - 2028 |
| Hungary (HUF bn) | 38,583.140 2027 | yearly | 1995 - 2027 |
| Iceland (ISK bn) | 2,038.950 2027 | yearly | 1980 - 2027 |
| India (INR bn) | 129,850.270 2028 | yearly | 1989 - 2028 |
| Indonesia (IDR bn) | 4,821,802.550 2027 | yearly | 1993 - 2027 |
| Iran (IRR bn) | 60,979,884.610 2028 | yearly | 1991 - 2028 |
| Iraq (IQD bn) | 157,206.340 2027 | yearly | 2004 - 2027 |
| Ireland (EUR bn) | 143.234 2027 | yearly | 1980 - 2027 |
| Israel (ILS bn) | 886.611 2027 | yearly | 2000 - 2027 |
| Italy (EUR bn) | 1,095.120 2027 | yearly | 1988 - 2027 |
| Ivory Coast (XOF bn) | 11,674.690 2027 | yearly | 1997 - 2027 |
| Jamaica (JMD bn) | 894.740 2028 | yearly | 1991 - 2028 |
| Japan (JPY bn) | 221,664.440 2027 | yearly | 1980 - 2027 |
| Jordan (JOD bn) | 12.705 2027 | yearly | 1985 - 2027 |
| Kazakhstan (KZT bn) | 34,470.470 2027 | yearly | 2002 - 2027 |
| Kenya (KES bn) | 5,065.800 2027 | yearly | 1982 - 2027 |
| Kiribati (AUD bn) | 0.418 2027 | yearly | 1990 - 2027 |
| South Korea (KRW bn) | 698,483.480 2027 | yearly | 1995 - 2027 |
| Kosovo (EUR bn) | 3.516 2027 | yearly | 2000 - 2027 |
| Kuwait (KWD bn) | 27.150 2027 | yearly | 1990 - 2027 |
| Kyrgyzstan (KGS bn) | 584.546 2027 | yearly | 1995 - 2027 |
| Laos (LAK bn) | 50,372.610 2022 | yearly | 2000 - 2022 |
| Latvia (LVL bn) | 18.622 2027 | yearly | 1998 - 2027 |
| Lebanon (LBP bn) | 18,711.560 2020 | yearly | 1990 - 2020 |
| Lesotho (LSL bn) | 26.839 2028 | yearly | 1983 - 2028 |
| Liberia (LRD bn) | 1.528 2027 | yearly | 2000 - 2027 |
| Libya (LYD bn) | 117.824 2027 | yearly | 1990 - 2027 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -0.9 Sep 2022 | quarterly | Jun 1993 - Sep 2022 |
| Consolidated Fiscal Balance (USD mn) | -2,510.961 Nov 2022 | monthly | May 1992 - Nov 2022 |
| Tax Revenue (USD mn) | 19,278.442 Nov 2022 | monthly | Jan 1996 - Nov 2022 |
| Tax Revenue: % of GDP (%) | 11.7 Sep 2022 | quarterly | Mar 1996 - Sep 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) | 1,399.490 2027 | yearly | 1980 - 2027 |
| Forecast: Government Net Debt (CAD bn) | 2,983.210 2027 | yearly | 1980 - 2027 |
| Forecast: Government Revenue (CAD bn) | 1,381.310 2027 | yearly | 1980 - 2027 |
| Budgetary Balance: Deficit or Surplus (CAD mn) | -3,379.000 Nov 2022 | monthly | May 1992 - Nov 2022 |
| Budgetary Revenue (CAD mn) | 30,832.000 Nov 2022 | monthly | May 1992 - Nov 2022 |
| Budgetary Revenue: TR: Excise Taxes & Duties (CAD mn) | 2,966.000 Nov 2022 | monthly | Jan 1996 - Nov 2022 |
| Budgetary Revenue: Tax Revenues (TR) (CAD mn) | 25,943.000 Nov 2022 | monthly | Jan 1996 - Nov 2022 |
| Budgetary Expense (CAD mn) | -34,211.000 Nov 2022 | monthly | May 1992 - Nov 2022 |
| FIN Forecast: Budgetary Revenue: Tax: Excise Taxes & Duties (ET) (CAD mn) | 71,400.000 2027 | yearly | 2000 - 2027 |
| FIN Forecast: Budgetary Balance (CAD mn) | 4,500.000 2028 | yearly | 1996 - 2028 |
| FIN Forecast: Budgetary Expense (CAD mn) | 535,500.000 2028 | yearly | 1996 - 2028 |
| FIN Forecast: Budgetary Revenue (CAD mn) | 542,400.000 2028 | yearly | 1996 - 2028 |
| Net Financing Activities (CAD mn) | -24,440.000 Nov 2022 | monthly | Jan 1996 - Nov 2022 |
| 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) | -30.5 Nov 2022 | monthly | Jan 1988 - Nov 2022 |
| Total Exports (USD mn) | 47,835.0 Nov 2022 | monthly | Jan 1988 - Nov 2022 |
| Total Exports Growth (%) | 10.6 Nov 2022 | monthly | Jan 1989 - Nov 2022 |
| 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) | 47,865.4 Nov 2022 | monthly | Jan 1988 - Nov 2022 |
| Total Imports Growth (%) | 14.8 Nov 2022 | monthly | Jan 1989 - Nov 2022 |
| 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) | 35,805.231 Nov 2022 | monthly | Jan 1988 - Nov 2022 |
| Total Imports from USA (USD mn) | 30,380.100 Nov 2022 | monthly | Jan 1997 - Nov 2022 |
| Total Exports to China (USD mn) | 2,299.101 Nov 2022 | monthly | Jan 1997 - Nov 2022 |
| Total Imports from China (USD mn) | 3,934.978 Nov 2022 | monthly | Jan 1997 - Nov 2022 |
| 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) | 2,382.000 Oct 2022 | monthly | Jan 1977 - Oct 2022 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Light Emitting Diodes ... (CAD th) | 7,849.714 Nov 2022 | monthly | Jan 2022 - Nov 2022 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Photovoltaic Cells ass... (CAD th) | 35,092.469 Nov 2022 | monthly | Jan 2022 - Nov 2022 |
| Import Value (Val): HS: Iron and Steel (IS) (CAD th) | 1,079,745.880 Nov 2022 | monthly | Jan 1988 - Nov 2022 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.3 Sep 2022 | quarterly | Mar 2005 - Sep 2022 |
| Household Debt: % of GDP (%) | 102.4 Sep 2022 | quarterly | Mar 1969 - Sep 2022 |
| Money Supply M1 (USD mn) | 1,150,271.089 Nov 2022 | monthly | Mar 1975 - Nov 2022 |
| Money Supply M2 (USD mn) | 1,761,671.591 Nov 2022 | monthly | Jan 1968 - Nov 2022 |
| M2 Growth (%) | 3.3 Nov 2022 | monthly | Jan 1969 - Nov 2022 |
| Foreign Exchange Reserves (USD mn) | 79,729.0 Dec 2022 | monthly | Jun 1999 - Dec 2022 |
| Foreign Exchange Reserves: % of GDP (%) | 3.563 Sep 2022 | quarterly | Jun 1999 - Sep 2022 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.7 Nov 2022 | monthly | Jun 1999 - Nov 2022 |
| Gold Reserves (USD mn) | 0.000 Dec 2022 | monthly | Dec 1956 - Dec 2022 |
| Total Deposits (USD mn) | 4,191,534.049 Nov 2022 | monthly | Jan 2009 - Nov 2022 |
| Total Deposits Growth (%) | 9.5 Nov 2022 | monthly | Jan 2010 - Nov 2022 |
| Domestic Credit (USD mn) | 4,466,529.0 Nov 2022 | monthly | Jan 1969 - Nov 2022 |
| Domestic Credit Growth (%) | 6.0 Nov 2022 | monthly | Jan 1970 - Nov 2022 |
| Debt Service Ratio: Households (%) | 13.000 Jun 2022 | quarterly | Mar 1999 - Jun 2022 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 22.100 Jun 2022 | quarterly | Mar 1999 - Jun 2022 |
| Credit to Households (USD bn) | 2,156.219 Jun 2022 | quarterly | Mar 1969 - Jun 2022 |
| Credit to Private Non-Financial Sector (USD bn) | 4,517.580 Jun 2022 | quarterly | Mar 1954 - Jun 2022 |
| Household Debt (USD mn) | 2,082,980.5 Nov 2022 | monthly | Jan 1969 - Nov 2022 |
| Total Loans (USD mn) | 3,013,682.228 Nov 2022 | monthly | Jan 1969 - Nov 2022 |
| Total Loans Growth (%) | 8.22 Nov 2022 | monthly | Jan 1970 - Nov 2022 |
| Private Debt: % of Nominal GDP (%) | 219.90 Sep 2022 | quarterly | Mar 1969 - Sep 2022 |
| Money Supply: M1+: Gross (CAD mn) | 1,561,084.000 Nov 2022 | monthly | Mar 1975 - Nov 2022 |
| Money Supply: M3: Gross (CAD mn) | 3,417,928.000 Nov 2022 | monthly | Jan 1970 - Nov 2022 |
| Money Supply: M1+: Gross: sa (CAD mn) | 1,557,237.000 Nov 2022 | monthly | Mar 1975 - Nov 2022 |
| Money Supply: M2+: M2: Gross: sa (CAD mn) | 2,384,951.000 Nov 2022 | monthly | Jan 1968 - Nov 2022 |
| Money Supply: M2+: M2: Gross (CAD mn) | 2,393,279.000 Nov 2022 | monthly | Jan 1968 - Nov 2022 |
| Money Supply: M3: Gross: sa (CAD mn) | 3,411,736.000 Nov 2022 | monthly | Jan 1970 - Nov 2022 |
| Official International Reserves: Gold (USD mn) | 0.000 Dec 2022 | monthly | Dec 1994 - Dec 2022 |
| Official International Reserves (USD mn) | 107,255.000 Dec 2022 | monthly | Dec 1994 - Dec 2022 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -23.2 Dec 2022 | monthly | Dec 2001 - Dec 2022 |
| Purchasing Manager Index: Seasonally Adjusted (NA) | 33.400 Dec 2022 | monthly | Dec 2000 - Dec 2022 |
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