Canada National Government Debt
1962 - 2023 | Yearly | USD mn | CEIC Data
Key information about Canada National Government Debt
- Canada National Government Debt reached 1,423.3 USD bn in Mar 2023, compared with 1,516.0 USD bn in the previous year.
- Canada National Government Debt data is updated yearly, available from Mar 1962 to Mar 2023.
- The data reached an all-time high of 1,516.0 USD bn in Mar 2022 and a record low of 20.5 USD bn in Mar 1962.
CEIC converts annual Government Debt into USD. The Department of Finance Canada provides Government Debt in local currency. The Federal Reserve Board period end market exchange rate is used for currency conversions. Government Debt is in annual frequency, ending in March of each year.
Related information about Canada National Government Debt
- In the latest reports, Canada Consolidated Fiscal Balance recorded a deficit equal to 1.7 % of its Nominal GDP in Jun 2023.
- The country's Government debt accounted for 68.6 % of its Nominal GDP in Mar 2023.
- Canada Nominal GDP reached 520.3 USD bn in Mar 2023.
View Canada's National Government Debt from 1962 to 2023 in the chart:
What was Canada's National Government Debt in 2023?
Canada National Government Debt reached 1,423.3 USD bn in Mar 2023, compared with 1,516.0 USD bn in the previous year. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 1,423,314.6 2023 | 1,516,012.7 2022 | 20,517.1 1962 | 1,516,012.7 2022 | USD mn | yearly | 1962 - 2023 |
National Government Debt by Country Comparison
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Includes National Government Debt on 98 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | 13,499.8 Sep 2023 | quarterly | Sep 2010 - Sep 2023 |
| Algeria (USD mn) | 111,205.0 2022 | yearly | 1997 - 2022 |
| Argentina (USD mn) | 403,835.8 Jun 2023 | quarterly | Dec 1994 - Jun 2023 |
| Armenia (USD mn) | 11,322.3 Sep 2023 | quarterly | Mar 2002 - Sep 2023 |
| Australia (USD mn) | 673,484.7 2022 | yearly | 1999 - 2022 |
| Austria (USD mn) | 399,669.4 Jun 2023 | quarterly | Mar 2000 - Jun 2023 |
| Azerbaijan (USD mn) | 9,223.0 2021 | yearly | 2008 - 2021 |
| Bahrain (USD mn) | 38,919.3 Sep 2023 | monthly | Mar 2001 - Sep 2023 |
| Belarus (USD mn) | 23,375.7 May 2022 | monthly | Dec 2003 - May 2022 |
| Belgium (USD mn) | 660,986.5 Jun 2023 | quarterly | Mar 1980 - Jun 2023 |
| Bolivia (USD mn) | 8,960.7 2014 | yearly | 1998 - 2014 |
| Bosnia and Herzegovina (USD mn) | 3,571.5 2021 | yearly | 2007 - 2021 |
| Botswana (USD mn) | 3,497.5 2023 | yearly | 2002 - 2023 |
| Brazil (USD mn) | 1,564,558.9 Sep 2023 | monthly | Dec 2000 - Sep 2023 |
| Bulgaria (USD mn) | 20,114.5 Sep 2023 | monthly | Dec 2015 - Sep 2023 |
| Canada (USD mn) | 1,423,314.6 2023 | yearly | 1962 - 2023 |
| Chile (USD mn) | 126,569.2 Jun 2023 | quarterly | Mar 2002 - Jun 2023 |
| China (USD mn) | 3,750,692.5 2022 | yearly | 2005 - 2022 |
| Colombia (USD mn) | 200,022.3 Mar 2023 | quarterly | Dec 2001 - Mar 2023 |
| Croatia (USD mn) | 49,150.2 Dec 2022 | monthly | Dec 1995 - Dec 2022 |
| Cyprus (USD mn) | 24,536.1 Sep 2023 | monthly | Dec 2010 - Sep 2023 |
| Czech Republic (USD mn) | 144,320.8 Jun 2023 | quarterly | Mar 2000 - Jun 2023 |
| Denmark (USD mn) | 125,784.5 Jun 2023 | quarterly | Mar 2000 - Jun 2023 |
| Ecuador (USD mn) | 74,902.2 Jun 2023 | quarterly | Dec 2005 - Jun 2023 |
| Egypt (USD mn) | 316,592.2 Jun 2020 | quarterly | Jun 2006 - Jun 2020 |
| Estonia (USD mn) | 7,509.4 Jun 2023 | quarterly | Mar 2000 - Jun 2023 |
| European Union (USD mn) | 14,934,926.0 Jun 2023 | quarterly | Mar 2000 - Jun 2023 |
| Finland (USD mn) | 224,908.3 Jun 2023 | quarterly | Mar 2000 - Jun 2023 |
| France (USD mn) | 3,276,183.8 Mar 2023 | quarterly | Dec 1995 - Mar 2023 |
| Georgia (USD mn) | 11,053.7 Sep 2023 | quarterly | Mar 2006 - Sep 2023 |
| Germany (USD mn) | 2,823,078.8 Jun 2023 | quarterly | Mar 2000 - Jun 2023 |
| Greece (USD mn) | 390,985.1 Jun 2023 | quarterly | Dec 1999 - Jun 2023 |
| Hong Kong SAR, China (USD mn) | 173,192.7 2022 | yearly | 2003 - 2022 |
| Hungary (USD mn) | 139,689.6 Sep 2023 | quarterly | Dec 1989 - Sep 2023 |
| Iceland (USD mn) | 18,223.8 2022 | yearly | 1998 - 2022 |
| India (USD mn) | 1,972,893.9 Jun 2023 | quarterly | Dec 1998 - Jun 2023 |
| Indonesia (USD mn) | 508,283.5 Sep 2023 | monthly | Jun 2009 - Sep 2023 |
| Ireland (USD mn) | 243,454.8 Jun 2023 | quarterly | Mar 2000 - Jun 2023 |
| Israel (USD mn) | 294,651.3 2022 | yearly | 1995 - 2022 |
| Italy (USD mn) | 3,010,302.1 Sep 2023 | monthly | Jan 1957 - Sep 2023 |
| Ivory Coast (USD mn) | 3,853.2 2015 | yearly | 1975 - 2015 |
| Japan (USD mn) | 9,396,604.9 Apr 2023 | monthly | Apr 1982 - Apr 2023 |
| Jordan (USD mn) | 44,731.0 Aug 2023 | monthly | Jan 2002 - Aug 2023 |
| Kazakhstan (USD mn) | 53,090.2 Mar 2023 | quarterly | Mar 2005 - Mar 2023 |
| Kenya (USD mn) | 72,393.4 Aug 2023 | monthly | Sep 1999 - Aug 2023 |
| South Korea (USD mn) | 822,089.8 Jun 2023 | quarterly | Sep 2002 - Jun 2023 |
| Kosovo (USD mn) | 1,875.6 2022 | yearly | 2009 - 2022 |
| Kuwait (USD mn) | 679.6 Sep 2023 | monthly | Dec 1993 - Sep 2023 |
| Kyrgyzstan (USD mn) | 5,987.0 Sep 2023 | monthly | Jan 2011 - Sep 2023 |
| Latvia (USD mn) | 17,359.2 Jun 2023 | quarterly | Mar 2000 - Jun 2023 |
| Lebanon (USD mn) | 100,370.8 Dec 2021 | monthly | Dec 2001 - Dec 2021 |
| Lithuania (USD mn) | 29,256.5 Jun 2023 | quarterly | Mar 2000 - Jun 2023 |
| Luxembourg (USD mn) | 24,357.3 Jun 2023 | quarterly | Dec 1995 - Jun 2023 |
| North Macedonia (USD mn) | 7,341.5 Sep 2023 | quarterly | Dec 2009 - Sep 2023 |
| Malawi (USD mn) | 2,620.0 2014 | yearly | 2010 - 2014 |
| Malaysia (USD mn) | 246,424.6 Sep 2023 | quarterly | Mar 1978 - Sep 2023 |
| Malta (USD mn) | 10,003.9 Jun 2023 | quarterly | Mar 2000 - Jun 2023 |
| Mauritius (USD mn) | 9,371.1 Jun 2023 | quarterly | Jun 2003 - Jun 2023 |
| Mexico (USD mn) | 870,370.5 Sep 2023 | monthly | Dec 2005 - Sep 2023 |
| Moldova (USD mn) | 5,417.1 Sep 2023 | monthly | Jan 2007 - Sep 2023 |
| Montenegro (USD mn) | 4,394.7 Jun 2023 | monthly | Dec 2010 - Jun 2023 |
| Morocco (USD mn) | 91,099.0 Dec 2022 | quarterly | Dec 2006 - Dec 2022 |
| Nepal (USD mn) | 9,555.9 2019 | yearly | 1990 - 2019 |
| Netherlands (USD mn) | 513,200.7 Jun 2023 | quarterly | Dec 1999 - Jun 2023 |
| New Zealand (USD mn) | 90,041.4 Sep 2023 | quarterly | Dec 2006 - Sep 2023 |
| Nigeria (USD mn) | 105,874.7 Jun 2023 | quarterly | Dec 2006 - Jun 2023 |
| Norway (USD mn) | 211,756.9 2022 | yearly | 1995 - 2022 |
| Oman (USD mn) | 46,137.8 2022 | yearly | 1990 - 2022 |
| Panama (USD mn) | 47,406.2 Oct 2023 | monthly | Jul 2004 - Oct 2023 |
| Paraguay (USD mn) | 13,433.8 2022 | yearly | 2003 - 2022 |
| Peru (USD mn) | 84,464.9 Sep 2023 | quarterly | Mar 1999 - Sep 2023 |
| Philippines (USD mn) | 250,498.9 Sep 2023 | monthly | Jan 1993 - Sep 2023 |
| Poland (USD mn) | 385,030.0 Jun 2023 | quarterly | Mar 2000 - Jun 2023 |
| Portugal (USD mn) | 305,734.3 Jun 2023 | quarterly | Mar 2000 - Jun 2023 |
| Qatar (USD mn) | 26,518.7 2012 | yearly | 2003 - 2012 |
| Romania (USD mn) | 162,031.1 Sep 2023 | monthly | Nov 2011 - Sep 2023 |
| Russia (USD mn) | 271,594.5 Oct 2023 | monthly | May 2009 - Oct 2023 |
| Saudi Arabia (USD mn) | 264,022.3 2022 | yearly | 2004 - 2022 |
| Serbia (USD mn) | 37,532.0 Sep 2023 | monthly | Sep 2004 - Sep 2023 |
| Singapore (USD mn) | 820,865.3 Sep 2023 | quarterly | Mar 1990 - Sep 2023 |
| Slovakia (USD mn) | 75,313.8 Jun 2023 | quarterly | Mar 2000 - Jun 2023 |
| Slovenia (USD mn) | 44,123.3 Dec 2022 | quarterly | Dec 1999 - Dec 2022 |
| South Africa (USD mn) | 269,027.4 Sep 2023 | monthly | Jan 1960 - Sep 2023 |
| Spain (USD mn) | 1,713,067.2 Jun 2023 | quarterly | Dec 1990 - Jun 2023 |
| Sri Lanka (USD mn) | 87,592.3 Jun 2023 | quarterly | Mar 2014 - Jun 2023 |
| Sweden (USD mn) | 175,530.2 Jun 2023 | quarterly | Mar 1999 - Jun 2023 |
| Switzerland (USD mn) | 267,524.5 2022 | yearly | 1990 - 2022 |
| Taiwan (USD mn) | 218,997.1 2022 | yearly | 1996 - 2022 |
| Thailand (USD mn) | 267,499.6 Sep 2023 | monthly | Oct 1997 - Sep 2023 |
| Tunisia (USD mn) | 38,427.0 Aug 2023 | monthly | Apr 2011 - Aug 2023 |
| Turkey (USD mn) | 254,513.1 2022 | yearly | 2001 - 2022 |
| Ukraine (USD mn) | 124,708.9 Sep 2023 | monthly | Dec 2004 - Sep 2023 |
| United Kingdom (USD mn) | 3,351,275.6 Jun 2023 | quarterly | Mar 1975 - Jun 2023 |
| United States (USD mn) | 33,167,334.0 Sep 2023 | monthly | Jan 1969 - Sep 2023 |
| Uruguay (USD mn) | 40,352.7 Jun 2023 | quarterly | Mar 1999 - Jun 2023 |
| Venezuela (USD mn) | 105,131.7 2016 | yearly | 1996 - 2016 |
| Vietnam (USD mn) | 137,176.1 2022 | yearly | 2010 - 2022 |
| Yemen (USD mn) | 20,434.2 2013 | yearly | 2004 - 2013 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.7 Jun 2023 | quarterly | Jun 1993 - Jun 2023 |
| Consolidated Fiscal Balance (USD mn) | -2,869.707 Sep 2023 | monthly | May 1992 - Sep 2023 |
| Tax Revenue (USD mn) | 20,043.604 Sep 2023 | monthly | Jan 1996 - Sep 2023 |
| Tax Revenue: % of GDP (%) | 13.1 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
| National Government Debt (USD mn) | 1,423,314.6 2023 | yearly | 1962 - 2023 |
| Government Debt: % of GDP (%) | 68.6 2023 | yearly | 1962 - 2023 |
| Forecast: Government Expenditure (CAD bn) | 1,420.938 2028 | yearly | 1980 - 2028 |
| Forecast: Government Net Debt (CAD bn) | 3,127.329 2028 | yearly | 1980 - 2028 |
| Forecast: Government Revenue (CAD bn) | 1,415.636 2028 | yearly | 1980 - 2028 |
| Budgetary Balance: Deficit or Surplus (CAD mn) | -3,883.000 Sep 2023 | monthly | May 1992 - Sep 2023 |
| Budgetary Revenue (CAD mn) | 32,519.000 Sep 2023 | monthly | May 1992 - Sep 2023 |
| Budgetary Expense (CAD mn) | -36,402.000 Sep 2023 | monthly | May 1992 - Sep 2023 |
| Budgetary Revenue: TR: Excise Taxes & Duties (CAD mn) | 5,119.000 Sep 2023 | monthly | Jan 1996 - Sep 2023 |
| Budgetary Revenue: Tax Revenues (TR) (CAD mn) | 27,121.000 Sep 2023 | monthly | Jan 1996 - Sep 2023 |
| FIN Forecast: Budgetary Revenue (CAD mn) | 573,800.000 2029 | yearly | 1996 - 2029 |
| FIN Forecast: Budgetary Expense (CAD mn) | 597,300.000 2029 | yearly | 1996 - 2029 |
| FIN Forecast: Budgetary Balance (CAD mn) | -18,400.000 2029 | yearly | 1996 - 2029 |
| FIN Forecast: Budgetary Revenue: Tax: Excise Taxes & Duties (ET) (CAD mn) | 82,000.000 2029 | yearly | 2000 - 2029 |
| Net Financing Activities (CAD mn) | -26,139.000 Sep 2023 | monthly | Jan 1996 - Sep 2023 |
| FIN Forecast: Federal Debt (CAD mn) | 1,362,200.000 2029 | yearly | 1997 - 2029 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 3.047 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 1,506.2 Sep 2023 | monthly | Jan 1988 - Sep 2023 |
| Total Exports (USD mn) | 45,732.1 Jul 2023 | monthly | Jan 1988 - Jul 2023 |
| Total Exports Growth (%) | -1.0 Aug 2023 | monthly | Jan 1989 - Aug 2023 |
| Aluminum: Exports (USD th) | 11,552,234.816 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 9,821,982.309 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 1,079,544.056 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 48,031.3 Sep 2023 | monthly | Jan 1988 - Sep 2023 |
| Total Imports Growth (%) | -0.6 Sep 2023 | monthly | Jan 1989 - Sep 2023 |
| Imports: Medicament (USD th) | 11,462,582.313 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 9,439,260.899 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 38,937.477 Sep 2023 | monthly | Jan 1988 - Sep 2023 |
| Total Imports from USA (USD mn) | 29,830.984 Aug 2023 | monthly | Jan 1997 - Aug 2023 |
| Total Exports to China (USD mn) | 1,998.226 Sep 2023 | monthly | Jan 1997 - Sep 2023 |
| Total Imports from China (USD mn) | 3,459.490 Aug 2023 | monthly | Jan 1997 - Aug 2023 |
| Coal Exports (kton) | 2,895.000 Aug 2023 | monthly | Jan 1977 - Aug 2023 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Light Emitting Diodes ... (CAD th) | 9,333.600 Jul 2023 | monthly | Jan 2022 - Jul 2023 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Photovoltaic Cells ass... (CAD th) | 31,733.901 Jul 2023 | monthly | Jan 2022 - Jul 2023 |
| Import Value (Val): HS: Iron and Steel (IS) (CAD th) | 1,000,459.414 Sep 2023 | monthly | Jan 1988 - Sep 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.4 Jun 2023 | quarterly | Mar 2005 - Jun 2023 |
| Household Debt: % of GDP (%) | 102.1 Jun 2023 | quarterly | Mar 1969 - Jun 2023 |
| Money Supply M1 (USD mn) | 1,116,878.463 Sep 2023 | monthly | Mar 1975 - Sep 2023 |
| Money Supply M2 (USD mn) | 1,809,983.007 Sep 2023 | monthly | Jan 1968 - Sep 2023 |
| M2 Growth (%) | 3.2 Sep 2023 | monthly | Jan 1969 - Sep 2023 |
| Foreign Exchange Reserves (USD mn) | 85,070.0 Oct 2023 | monthly | Jun 1999 - Oct 2023 |
| Foreign Exchange Reserves: % of GDP (%) | 4.127 Jun 2023 | quarterly | Jun 1999 - Jun 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.8 Sep 2023 | monthly | Jun 1999 - Sep 2023 |
| Gold Reserves (USD mn) | 0.000 Oct 2023 | monthly | Dec 1956 - Oct 2023 |
| Total Deposits (USD mn) | 4,288,120.124 Sep 2023 | monthly | Jan 2009 - Sep 2023 |
| Total Deposits Growth (%) | 3.2 Sep 2023 | monthly | Jan 2010 - Sep 2023 |
| Domestic Credit (USD mn) | 4,576,935.4 Sep 2023 | monthly | Jan 1969 - Sep 2023 |
| Domestic Credit Growth (%) | 2.6 Sep 2023 | monthly | Jan 1970 - Sep 2023 |
| Debt Service Ratio: Households (%) | 14.100 Mar 2023 | quarterly | Mar 1999 - Mar 2023 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 23.800 Mar 2023 | quarterly | Mar 1999 - Mar 2023 |
| Credit to Households (USD bn) | 2,110.226 Mar 2023 | quarterly | Mar 1969 - Mar 2023 |
| Credit to Private Non-Financial Sector (USD bn) | 4,484.801 Mar 2023 | quarterly | Mar 1954 - Mar 2023 |
| Household Debt (USD mn) | 2,136,870.3 Sep 2023 | monthly | Jan 1969 - Sep 2023 |
| Total Loans (USD mn) | 3,102,503.140 Sep 2023 | monthly | Jan 1969 - Sep 2023 |
| Total Loans Growth (%) | 3.47 Sep 2023 | monthly | Jan 1970 - Sep 2023 |
| Private Debt: % of Nominal GDP (%) | 218.99 Jun 2023 | quarterly | Mar 1969 - Jun 2023 |
| Money Supply: M1+: Gross: sa (CAD mn) | 1,511,695.000 Sep 2023 | monthly | Mar 1975 - Sep 2023 |
| Money Supply: M1+: Gross (CAD mn) | 1,511,736.000 Sep 2023 | monthly | Mar 1975 - Sep 2023 |
| Money Supply: M3: Gross (CAD mn) | 3,530,816.000 Sep 2023 | monthly | Jan 1970 - Sep 2023 |
| Money Supply: M3: Gross: sa (CAD mn) | 3,522,781.000 Sep 2023 | monthly | Jan 1970 - Sep 2023 |
| Money Supply: M2+: M2: Gross: sa (CAD mn) | 2,449,812.000 Sep 2023 | monthly | Jan 1968 - Sep 2023 |
| Money Supply: M2+: M2: Gross (CAD mn) | 2,461,087.000 Sep 2023 | monthly | Jan 1968 - Sep 2023 |
| Official International Reserves (USD mn) | 112,537.000 Oct 2023 | monthly | Dec 1994 - Oct 2023 |
| Official International Reserves: Gold (USD mn) | 0.000 Oct 2023 | monthly | Dec 1994 - Oct 2023 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 1.2 Oct 2023 | monthly | Dec 2001 - Oct 2023 |
| Purchasing Manager Index: Seasonally Adjusted (NA) | 53.400 Oct 2023 | monthly | Dec 2000 - Oct 2023 |
More Indicators for Canada
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