Canada Government Debt: % of GDP

1962 - 2020 | Yearly | % | CEIC Data

Canada Government debt accounted for 54.0 % of the country's Nominal GDP in Mar 2020, compared with the ratio of 52.7 % in the previous year. Canada government debt to GDP ratio data is updated yearly, available from Mar 1962 to Mar 2020. The data reached an all-time high of 82.6 % in Mar 1996 and a record low of 32.7 % in Mar 1977. CEIC calculates Government Debt as % of Nominal GDP from annual Government Debt and quarterly Nominal GDP. The Department of Finance Canada provides Government Debt in local currency. Statistics Canada provides Nominal GDP in local currency based on CSNA 2012/SNA 2008. Government Debt as % of Nominal GDP is in annual frequency, ending in March of each year. Canada National Government Debt reached 938.4 USD bn in Mar 2020. The country's Nominal GDP reached 359.0 USD bn in Jun 2020.

View Canada's Government Debt: % of GDP from 1962 to 2020 in the chart:

Canada Government Debt: % of GDP

What was Canada's Government Debt: % of GDP in 2020?

Last Previous Min Max Unit Frequency Range
54.0 2020 52.7 2019 32.7 1977 82.6 1996 % yearly 1962 - 2020

Government Debt: % of GDP by Country Comparison

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Includes Government Debt: % of GDP on 107 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 75.9 Jun 2020 quarterly Sep 2010 - Jun 2020
Algeria (%) 30.7 2017 yearly 1997 - 2017
Argentina (%) 91.7 Jun 2020 quarterly Dec 2004 - Jun 2020
Armenia (%) 60.9 Sep 2020 quarterly Dec 2013 - Sep 2020
Australia (%) 34.7 2019 yearly 1999 - 2019
Austria (%) 82.6 Jun 2020 quarterly Mar 2000 - Jun 2020
Azerbaijan (%) 6.4 2010 yearly 2008 - 2010
Bahrain (%) 90.6 Jun 2020 quarterly Dec 2007 - Jun 2020
Bangladesh (%) 21.2 2020 yearly 2010 - 2020
Belarus (%) 38.4 Jun 2020 quarterly Dec 2003 - 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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