Canada Forecast: Government Net Debt
1980 - 2028 | Yearly | CAD bn | International Monetary Fund
Key information about Canada Forecast: Government Net Debt
- Canada Government Net Debt is forecasted to be 3,013.692 CAD bn in Dec 2024 as reported by International Monetary Fund.
- It records an increase from the last reported number of 2,984.549 CAD bn in Dec 2023.
- Looking ahead, Canada Government Net Debt is projected to stand at 3,127.329 CAD bn in Dec 2028.
- The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: General Government Gross Debt.
View Canada's Forecast: Government Net Debt from 1980 to 2028 in the chart:
What is Canada's Forecast: Government Net Debt in 2028?
Canada Government Net Debt is forecasted to be 3,013.692 CAD bn in Dec 2024 as reported by International Monetary Fund. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 3,127.329 2028 | 3,095.085 2027 | 143.928 1980 | 3,127.329 2028 | CAD bn | yearly | 1980 - 2028 |
Forecast: Government Net Debt by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (AFA bn) | 0.000 | yearly | - |
| Albania (ALL bn) | 1,725.207 2030 | yearly | 1997 - 2030 |
| Algeria (DZD bn) | 43,667.554 2030 | yearly | 1991 - 2030 |
| Angola (AOA bn) | 167,346.915 2030 | yearly | 2000 - 2030 |
| Antigua and Barbuda (XCD bn) | 4.615 2030 | yearly | 1990 - 2030 |
| Argentina (ARS bn) | 935,916.833 2030 | yearly | 1992 - 2030 |
| Armenia (AMD bn) | 8,541.739 2030 | yearly | 1996 - 2030 |
| Australia (AUD bn) | 1,762.752 2030 | yearly | 1989 - 2030 |
| Austria (EUR bn) | 497.923 2030 | yearly | 1988 - 2030 |
| Azerbaijan (AZN bn) | 42.755 2030 | yearly | 1995 - 2030 |
| Bahamas (BSD bn) | 12.498 2030 | yearly | 1990 - 2030 |
| Bahrain (BHD bn) | 35.123 2030 | yearly | 1990 - 2030 |
| Bangladesh (BDT bn) | 45,123.978 2030 | yearly | 2003 - 2030 |
| Barbados (BBD bn) | 14.794 2031 | yearly | 1995 - 2031 |
| Belarus (BYN bn) | 118.680 2030 | yearly | 2004 - 2030 |
| Belgium (EUR bn) | 897.919 2030 | yearly | 1980 - 2030 |
| Belize (BZD bn) | 4.122 2023 | yearly | 2001 - 2023 |
| Benin (XOF bn) | 9,974.403 2030 | yearly | 1998 - 2030 |
| Bhutan (BTN bn) | 635.512 2030 | yearly | 1993 - 2030 |
| Bolivia (BOB bn) | 366.957 2025 | yearly | 2000 - 2025 |
| Bosnia and Herzegovina (BAM bn) | 26.318 2030 | yearly | 1998 - 2030 |
| Botswana (BWP bn) | 234.248 2031 | yearly | 1999 - 2031 |
| Brazil (BRL bn) | 16,694.343 2030 | yearly | 2000 - 2030 |
| Brunei (BND bn) | 0.473 2030 | yearly | 1980 - 2030 |
| Bulgaria (BGN bn) | 107.741 2030 | yearly | 1998 - 2030 |
| Burkina Faso (XOF bn) | 11,292.864 2030 | yearly | 2002 - 2030 |
| Burundi (BIF bn) | 25,121.622 2030 | yearly | 2000 - 2030 |
| Cambodia (KHR bn) | 94,341.647 2030 | yearly | 1996 - 2030 |
| Cameroon (XAF bn) | 15,852.168 2030 | yearly | 1998 - 2030 |
| Canada (CAD bn) | 3,127.329 2028 | yearly | 1980 - 2028 |
| Cape Verde (CVE bn) | 337.752 2030 | yearly | 1997 - 2030 |
| Central African Republic (XAF bn) | 1,112.672 2030 | yearly | 1997 - 2030 |
| Chad (XAF bn) | 4,950.698 2030 | yearly | 1999 - 2030 |
| Chile (CLP bn) | 192,541.650 2030 | yearly | 1991 - 2030 |
| China (RMB bn) | 211,993.169 2030 | yearly | 1995 - 2030 |
| Colombia (COP bn) | 1,480,955.112 2030 | yearly | 1996 - 2030 |
| Comoros (KMF bn) | 333.776 2030 | yearly | 1984 - 2030 |
| Congo (XAF bn) | 7,218.097 2030 | yearly | 1989 - 2030 |
| Costa Rica (CRC bn) | 41,201.425 2030 | yearly | 1996 - 2030 |
| Croatia (EUR bn) | 69.452 2030 | yearly | 1998 - 2030 |
| Cyprus (EUR bn) | 17.243 2030 | yearly | 1995 - 2030 |
| Czech Republic (CZK bn) | 5,383.030 2030 | yearly | 1995 - 2030 |
| Democratic Republic of Congo (CDF bn) | 27,191.514 2030 | yearly | 2000 - 2030 |
| Denmark (DKK bn) | 1,109.412 2030 | yearly | 1992 - 2030 |
| Djibouti (DJF bn) | 201.683 2030 | yearly | 2009 - 2030 |
| Dominica (XCD bn) | 1.331 2025 | yearly | 1990 - 2025 |
| Dominican Republic (DOP bn) | 6,419.293 2030 | yearly | 1997 - 2030 |
| Ecuador (USD bn) | 67.019 2024 | yearly | 2001 - 2024 |
| Egypt (EGP bn) | 23,665.937 2030 | yearly | 1998 - 2030 |
| El Salvador (SVC bn) | 36.762 2030 | yearly | 1991 - 2030 |
| Equatorial Guinea (XAF bn) | 4,236.666 2030 | yearly | 1980 - 2030 |
| Eritrea (ERN bn) | 77.796 2019 | yearly | 2000 - 2019 |
| Estonia (EUR bn) | 18.697 2030 | yearly | 1995 - 2030 |
| Swaziland (SZL bn) | 54.798 2031 | yearly | 1994 - 2031 |
| Ethiopia (ETB bn) | 3,383.557 2025 | yearly | 1992 - 2025 |
| Fiji (FJD bn) | 14.554 2030 | yearly | 1992 - 2030 |
| Finland (EUR bn) | 309.778 2030 | yearly | 1980 - 2030 |
| France (EUR bn) | 3,784.636 2028 | yearly | 1980 - 2028 |
| Gabon (XAF bn) | 15,716.270 2030 | yearly | 1990 - 2030 |
| Gambia (GMD bn) | 140.794 2030 | yearly | 2000 - 2030 |
| Georgia (GEL bn) | 55.277 2030 | yearly | 2000 - 2030 |
| Germany (EUR bn) | 3,815.153 2030 | yearly | 1991 - 2030 |
| Ghana (GHS bn) | 1,249.811 2030 | yearly | 1990 - 2030 |
| Greece (EUR bn) | 394.346 2030 | yearly | 1980 - 2030 |
| Grenada (XCD bn) | 3.368 2030 | yearly | 1991 - 2030 |
| Guatemala (GTQ bn) | 413.006 2030 | yearly | 2000 - 2030 |
| Guinea (GNF bn) | 104,511.201 2030 | yearly | 1990 - 2030 |
| Guinea-Bissau (GWP bn) | 1,376.391 2030 | yearly | 1997 - 2030 |
| Guyana (GYD bn) | 2,197.023 2030 | yearly | 1997 - 2030 |
| Haiti (HTG bn) | 951.892 2030 | yearly | 1997 - 2030 |
| Honduras (HNL bn) | 571.951 2030 | yearly | 1990 - 2030 |
| Hong Kong SAR, China (HKD bn) | 615.406 2031 | yearly | 2005 - 2031 |
| Hungary (HUF bn) | 88,987.164 2030 | yearly | 1995 - 2030 |
| Iceland (ISK bn) | 2,445.114 2030 | yearly | 1982 - 2030 |
| India (INR bn) | 456,696.781 2031 | yearly | 1992 - 2031 |
| Indonesia (IDR bn) | 14,280,134.087 2030 | yearly | 2000 - 2030 |
| Iran (IRR bn) | 493,028,884.544 2031 | yearly | 1997 - 2031 |
| Iraq (IQD bn) | 314,027.921 2030 | yearly | 2004 - 2030 |
| Ireland (EUR bn) | 214.408 2030 | yearly | 1990 - 2030 |
| Israel (ILS bn) | 2,046.092 2030 | yearly | 2000 - 2030 |
| Italy (EUR bn) | 3,138.281 2028 | yearly | 1988 - 2028 |
| Ivory Coast (XOF bn) | 43,116.070 2030 | yearly | 1997 - 2030 |
| Jamaica (JMD bn) | 2,636.923 2031 | yearly | 2000 - 2031 |
| Japan (JPY bn) | 1,593,466.283 2030 | yearly | 1980 - 2030 |
| Jordan (JOD bn) | 38.316 2030 | yearly | 1988 - 2030 |
| Kazakhstan (KZT bn) | 90,755.360 2030 | yearly | 2002 - 2030 |
| Kenya (KES bn) | 19,848.135 2030 | yearly | 1998 - 2030 |
| Kiribati (AUD bn) | 0.246 2030 | yearly | 1988 - 2030 |
| South Korea (KRW bn) | 2,010,487.869 2030 | yearly | 1990 - 2030 |
| Kosovo (EUR bn) | 3.640 2030 | yearly | 2006 - 2030 |
| Kuwait (KWD bn) | 14.274 2030 | yearly | 1991 - 2030 |
| Kyrgyzstan (KGS bn) | 1,221.773 2030 | yearly | 2000 - 2030 |
| Laos (LAK bn) | 152,655.509 2022 | yearly | 2001 - 2022 |
| Latvia (EUR bn) | 29.376 2030 | yearly | 1998 - 2030 |
| Lebanon (LBP bn) | 4,147,223.858 2024 | yearly | 2000 - 2024 |
| Lesotho (LSL bn) | 35.707 2031 | yearly | 1989 - 2031 |
| Liberia (LRD bn) | 3.492 2030 | yearly | 2000 - 2030 |
| Libya (LYD bn) | 140.430 2021 | yearly | 1990 - 2021 |
| Lithuania (EUR bn) | 59.129 2030 | yearly | 1998 - 2030 |
| Luxembourg (EUR bn) | 33.450 2030 | yearly | 1995 - 2030 |
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Learn more about what we doCanada Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.3 Sep 2025 | quarterly | Jun 1993 - Sep 2025 |
| Consolidated Fiscal Balance (USD mn) | -3,630.909 Sep 2025 | monthly | May 1992 - Sep 2025 |
| Tax Revenue (USD mn) | 22,368.802 Sep 2025 | monthly | Jan 1996 - Sep 2025 |
| Tax Revenue: % of GDP (%) | 11.5 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| National Government Debt (USD mn) | 1,517,724.5 2025 | yearly | 1962 - 2025 |
| Government Debt: % of GDP (%) | 69.3 2025 | yearly | 1962 - 2025 |
| Forecast: Government Expenditure (CAD bn) | 1,673.411 2030 | yearly | 1980 - 2030 |
| Forecast: Government Net Debt (CAD bn) | 3,127.329 2028 | yearly | 1980 - 2028 |
| Forecast: Government Revenue (CAD bn) | 1,616.767 2030 | yearly | 1980 - 2030 |
| Federal Government Debt: % of GDP: Accumulated Deficit (%) | 40.700 2025 | yearly | 1967 - 2025 |
| Net Financing Activities (CAD mn) | -32,035.000 Sep 2025 | monthly | Jan 1996 - Sep 2025 |
| Budgetary Balance: Deficit or Surplus (CAD mn) | -5,023.000 Sep 2025 | monthly | May 1992 - Sep 2025 |
| Budgetary Revenue (CAD mn) | 37,051.000 Sep 2025 | monthly | May 1992 - Sep 2025 |
| Budgetary Revenue: TR: Excise Taxes & Duties (CAD mn) | 6,125.000 Sep 2025 | monthly | Jan 1996 - Sep 2025 |
| Budgetary Revenue: Tax Revenues (TR) (CAD mn) | 30,945.000 Sep 2025 | monthly | Jan 1996 - Sep 2025 |
| Budgetary Expense (CAD mn) | -42,074.000 Sep 2025 | monthly | May 1992 - Sep 2025 |
| 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 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.017 2030 | yearly | 1980 - 2030 |
| Trade Balance (USD mn) | -4,583.7 Aug 2025 | monthly | Jan 1988 - Aug 2025 |
| Total Exports (USD mn) | 43,911.2 Aug 2025 | monthly | Jan 1988 - Aug 2025 |
| Total Exports Growth (%) | -5.5 Aug 2025 | monthly | Jan 1989 - Aug 2025 |
| 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) | 48,494.9 Aug 2025 | monthly | Jan 1988 - Aug 2025 |
| Total Imports Growth (%) | 1.7 Aug 2025 | monthly | Jan 1989 - Aug 2025 |
| 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) | 32,023.193 Aug 2025 | monthly | Jan 1988 - Aug 2025 |
| Total Imports from USA (USD mn) | 27,361.238 Aug 2025 | monthly | Jan 1997 - Aug 2025 |
| Total Exports to China (USD mn) | 1,885.917 Aug 2025 | monthly | Jan 1997 - Aug 2025 |
| Total Imports from China (USD mn) | 3,949.772 Aug 2025 | monthly | Jan 1997 - Aug 2025 |
| Coal Exports (kton) | 2,125.000 Nov 2024 | monthly | Jan 1977 - Nov 2024 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Light Emitting Diodes ... (CAD th) | 9,394.499 Dec 2024 | monthly | Jan 2022 - Dec 2024 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Photovoltaic Cells ass... (CAD th) | 4,954.608 Dec 2024 | monthly | Jan 2022 - Dec 2024 |
| Import Value (Val): HS: Iron and Steel (IS) (CAD th) | 844,825.938 Jan 2025 | monthly | Jan 1988 - Jan 2025 |
| Import Value Index (2015=100) | 117.179 2021 | yearly | 1995 - 2021 |
| Export Value Index (2015=100) | 123.790 2021 | yearly | 1995 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.7 Jun 2025 | quarterly | Mar 2005 - Jun 2025 |
| Household Debt: % of GDP (%) | 97.7 Sep 2025 | quarterly | Mar 1969 - Sep 2025 |
| Money Supply M1 (USD mn) | 1,232,408.272 Sep 2025 | monthly | Mar 1975 - Sep 2025 |
| Money Supply M2 (USD mn) | 1,966,080.994 Sep 2025 | monthly | Jan 1968 - Sep 2025 |
| M2 Growth (%) | 5.2 Sep 2025 | monthly | Jan 1969 - Sep 2025 |
| Foreign Exchange Reserves (USD mn) | 98,608.0 Nov 2025 | monthly | Jun 1999 - Nov 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 4.225 Sep 2025 | quarterly | Jun 1999 - Sep 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.0 Aug 2025 | monthly | Jun 1999 - Aug 2025 |
| Gold Reserves (USD mn) | 0.000 Nov 2025 | monthly | Dec 1956 - Nov 2025 |
| Total Deposits (USD mn) | 4,696,129.744 Sep 2025 | monthly | Jan 2009 - Sep 2025 |
| Total Deposits Growth (%) | 6.6 Sep 2025 | monthly | Jan 2010 - Sep 2025 |
| Domestic Credit (USD mn) | 4,851,790.8 Sep 2025 | monthly | Jan 1969 - Sep 2025 |
| Domestic Credit Growth (%) | 4.7 Sep 2025 | monthly | Jan 1970 - Sep 2025 |
| Debt Service Ratio: Households (%) | 13.900 Mar 2025 | quarterly | Mar 1999 - Mar 2025 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 25.100 Mar 2025 | quarterly | Mar 1999 - Mar 2025 |
| Credit to Households (USD bn) | 2,150.059 Mar 2025 | quarterly | Mar 1969 - Mar 2025 |
| Credit to Private Non-Financial Sector (USD bn) | 4,691.061 Mar 2025 | quarterly | Mar 1954 - Mar 2025 |
| Household Debt (USD mn) | 2,254,479.1 Sep 2025 | monthly | Jan 1969 - Sep 2025 |
| Total Loans (USD mn) | 3,281,451.138 Sep 2025 | monthly | Jan 1969 - Sep 2025 |
| Total Loans Growth (%) | 4.19 Sep 2025 | monthly | Jan 1970 - Sep 2025 |
| Private Debt: % of Nominal GDP (%) | 210.25 Sep 2025 | quarterly | Mar 1969 - Sep 2025 |
| Official International Reserves (USD mn) | 127,795.000 Nov 2025 | monthly | Dec 1994 - Nov 2025 |
| Official International Reserves: Gold (USD mn) | 0.000 Nov 2025 | monthly | Dec 1994 - Nov 2025 |
| Money Supply: M1+: Gross: sa (CAD mn) | 1,610,911.000 Dec 2024 | monthly | Mar 1975 - Dec 2024 |
| Money Supply: M2+: M2: Gross (CAD mn) | 2,648,681.000 Dec 2024 | monthly | Jan 1968 - Dec 2024 |
| Money Supply: M1+: Gross (CAD mn) | 1,623,406.000 Dec 2024 | monthly | Mar 1975 - Dec 2024 |
| Money Supply: M3: Gross: sa (CAD mn) | 3,800,470.000 Dec 2024 | monthly | Jan 1970 - Dec 2024 |
| Money Supply: M3: Gross (CAD mn) | 3,817,749.000 Dec 2024 | monthly | Jan 1970 - Dec 2024 |
| Money Supply: M2+: M2: Gross: sa (CAD mn) | 2,638,116.000 Dec 2024 | monthly | Jan 1968 - Dec 2024 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 0.8 Oct 2025 | monthly | Dec 2001 - Oct 2025 |
| Purchasing Manager Index: Seasonally Adjusted (NA) | 55.300 Feb 2025 | monthly | Dec 2000 - Feb 2025 |
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