Canada Tax Revenue: % of GDP
1996 - 2024 | Quarterly | % | CEIC Data
Key information about Canada Tax revenue: % of GDP
- Canada Tax revenue: % of GDP was reported at 13.2 % in Jun 2024.
- This records a decrease from the previous number of 14.6 % for Mar 2024.
- Canada Tax revenue: % of GDP data is updated quarterly, averaging 12.4 % from Mar 1996 to Jun 2024, with 114 observations.
- The data reached an all-time high of 16.1 % in Jun 1998 and a record low of 9.8 % in Sep 2013.
- Canada Tax revenue: % of GDP data remains active status in CEIC and is reported by CEIC Data.
- The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: % of Nominal GDP: Quarterly.
CEIC calculates quarterly Tax Revenue as % of Nominal GDP from monthly Tax Revenue and quarterly Nominal GDP. The Department of Finance Canada provides Tax Revenue in local currency. Statistics Canada provides Nominal GDP in local currency.
View Canada's Tax Revenue: % of GDP from Mar 1996 to Jun 2024 in the chart:
What was Canada's Tax Revenue: % of GDP in Jun 2024?
Canada Tax revenue: % of GDP was reported at 13.2 % in Jun 2024. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 13.2 Jun 2024 | 14.6 Mar 2024 | 9.8 Sep 2013 | 16.1 Jun 1998 | % | quarterly | Mar 1996 - Jun 2024 |
Tax Revenue: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 19.5 2023 | yearly | 2008 - 2023 |
| Algeria (%) | 4.8 2023 | yearly | 1997 - 2023 |
| Argentina (%) | 17.8 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
| Armenia (%) | 25.1 Mar 2023 | quarterly | Mar 2008 - Mar 2023 |
| Australia (%) | 33.5 Jun 2024 | quarterly | Sep 2002 - Jun 2024 |
| Austria (%) | 25.0 Mar 2024 | quarterly | Mar 2001 - Mar 2024 |
| Azerbaijan (%) | 17.9 2023 | yearly | 1993 - 2023 |
| Bahrain (%) | 5.0 2022 | yearly | 1990 - 2022 |
| Bangladesh (%) | 7.8 2023 | yearly | 2006 - 2023 |
| Belarus (%) | 21.7 Sep 2021 | quarterly | Mar 2009 - Sep 2021 |
| Belgium (%) | 29.8 2023 | yearly | 1980 - 2023 |
| Bolivia (%) | 17.8 2022 | yearly | 1990 - 2022 |
| Bosnia and Herzegovina (%) | 21.6 2023 | yearly | 2005 - 2023 |
| Botswana (%) | 34.0 Jun 2023 | quarterly | Jun 2007 - Jun 2023 |
| Brazil (%) | 16.8 Jun 2024 | quarterly | Sep 1994 - Jun 2024 |
| Brunei (%) | 1.8 2023 | yearly | 2010 - 2023 |
| Bulgaria (%) | 31.8 Jun 2024 | quarterly | Mar 2003 - Jun 2024 |
| Cambodia (%) | 13.5 2022 | yearly | 2009 - 2022 |
| Canada (%) | 13.2 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Chile (%) | 19.4 2023 | yearly | 1990 - 2023 |
| China (%) | 14.0 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Colombia (%) | 16.4 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
| Croatia (%) | 26.1 Dec 2019 | quarterly | Mar 2015 - Dec 2019 |
| Cyprus (%) | 26.8 Mar 2024 | quarterly | Mar 1995 - Mar 2024 |
| Czech Republic (%) | 18.4 Mar 2024 | quarterly | Mar 1995 - Mar 2024 |
| Denmark (%) | 46.1 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
| Ecuador (%) | 12.9 Mar 2024 | quarterly | Mar 2000 - Mar 2024 |
| Egypt (%) | 5.5 2023 | yearly | 2005 - 2023 |
| Estonia (%) | 23.4 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| European Union (%) | 26.0 2023 | yearly | 1995 - 2023 |
| Finland (%) | 32.7 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
| France (%) | 17.4 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| Georgia (%) | 26.1 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| Germany (%) | 23.3 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
| Ghana (%) | 13.9 Jun 2022 | quarterly | Mar 2008 - Jun 2022 |
| Greece (%) | 22.4 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
| Hong Kong SAR, China (%) | 6.7 Jun 2024 | quarterly | Sep 1979 - Jun 2024 |
| Hungary (%) | 26.8 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
| Iceland (%) | 30.9 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| India (%) | 7.1 Jun 2024 | quarterly | Jun 1997 - Jun 2024 |
| Indonesia (%) | 10.2 Jun 2024 | quarterly | Mar 2014 - Jun 2024 |
| Iran (%) | 4.9 2021 | yearly | 1996 - 2021 |
| Ireland (%) | 17.0 Mar 2024 | quarterly | Mar 2000 - Mar 2024 |
| Israel (%) | 22.6 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
| Italy (%) | 24.6 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
| Ivory Coast (%) | 13.1 2023 | yearly | 1960 - 2023 |
| Japan (%) | 15.4 Jun 2024 | quarterly | Jun 1983 - Jun 2024 |
| Jordan (%) | 15.2 2018 | yearly | 1999 - 2018 |
| Kazakhstan (%) | 15.3 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Kenya (%) | 7.1 2022 | yearly | 2006 - 2022 |
| South Korea (%) | 13.2 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
| Kosovo (%) | 24.9 Sep 2023 | quarterly | Mar 2010 - Sep 2023 |
| Kuwait (%) | 1.1 2023 | yearly | 1986 - 2023 |
| Kyrgyzstan (%) | 30.8 Mar 2024 | quarterly | Mar 2007 - Mar 2024 |
| Laos (%) | 13.0 2023 | yearly | 2012 - 2023 |
| Latvia (%) | 21.4 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
| Lebanon (%) | 10.9 2020 | yearly | 1998 - 2020 |
| Lithuania (%) | 22.7 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
| Luxembourg (%) | 29.1 2023 | yearly | 1995 - 2023 |
| Macau SAR, China (%) | 22.2 2023 | yearly | 2002 - 2023 |
| North Macedonia (%) | 20.2 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
| Malawi (%) | 12.8 2022 | yearly | 2009 - 2022 |
| Malaysia (%) | 11.3 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
| Malta (%) | 22.4 Mar 2024 | quarterly | Mar 2000 - Mar 2024 |
| Mauritius (%) | 21.9 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
| Mexico (%) | 15.1 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
| Moldova (%) | 21.1 2023 | yearly | 2004 - 2023 |
| Mongolia (%) | 25.0 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
| Montenegro (%) | 28.8 Jun 2024 | quarterly | Mar 2012 - Jun 2024 |
| Morocco (%) | 22.5 Jun 2022 | quarterly | Mar 2007 - Jun 2022 |
| Mozambique (%) | 18.2 2016 | yearly | 1996 - 2016 |
| Myanmar (%) | 4.4 2021 | yearly | 2005 - 2021 |
| Nepal (%) | 19.1 2018 | yearly | 2001 - 2018 |
| Netherlands (%) | 27.0 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
| New Zealand (%) | 30.8 2023 | yearly | 1999 - 2023 |
| Norway (%) | 31.1 Mar 2024 | quarterly | Mar 2002 - Mar 2024 |
| Oman (%) | 4.5 2023 | yearly | 1996 - 2023 |
| Pakistan (%) | 5.8 2023 | yearly | 2000 - 2023 |
| Palestinian Territory (%) | 21.4 2020 | yearly | 2005 - 2020 |
| Panama (%) | 6.7 Jun 2024 | quarterly | Mar 2007 - Jun 2024 |
| Paraguay (%) | 9.4 Mar 2024 | quarterly | Mar 1998 - Mar 2024 |
| Peru (%) | 15.2 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
| Philippines (%) | 15.6 Jun 2024 | quarterly | Mar 1985 - Jun 2024 |
| Poland (%) | 16.9 Jun 2024 | quarterly | Mar 2007 - Jun 2024 |
| Portugal (%) | 25.2 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Russia (%) | 23.2 Mar 2024 | quarterly | Mar 1996 - Mar 2024 |
| Serbia (%) | 42.4 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Singapore (%) | 16.7 Jun 2024 | quarterly | Dec 1987 - Jun 2024 |
| Slovakia (%) | 14.0 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Slovenia (%) | 20.2 Mar 2024 | quarterly | Mar 2000 - Mar 2024 |
| South Africa (%) | 21.8 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
| Spain (%) | 24.1 2022 | yearly | 1995 - 2022 |
| Sri Lanka (%) | 10.5 Mar 2024 | quarterly | Mar 2014 - Mar 2024 |
| Sudan (%) | 5.6 2021 | yearly | 2001 - 2021 |
| Sweden (%) | 21.2 2023 | yearly | 1995 - 2023 |
| Switzerland (%) | 26.7 2022 | yearly | 1990 - 2022 |
| Taiwan (%) | 25.2 Jun 2024 | quarterly | Mar 1975 - Jun 2024 |
| Tajikistan (%) | 20.5 2016 | yearly | 2000 - 2016 |
| Thailand (%) | 13.2 2023 | yearly | 1990 - 2023 |
| Tunisia (%) | 25.2 2023 | yearly | 1991 - 2023 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.9 Jun 2024 | quarterly | Jun 1993 - Jun 2024 |
| Consolidated Fiscal Balance (USD mn) | 685.151 Jun 2024 | monthly | May 1992 - Jun 2024 |
| Tax Revenue (USD mn) | 24,008.756 Jun 2024 | monthly | Jan 1996 - Jun 2024 |
| Tax Revenue: % of GDP (%) | 13.2 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| National Government Debt (USD mn) | 1,501,047.3 2024 | yearly | 1962 - 2024 |
| Government Debt: % of GDP (%) | 69.6 2024 | yearly | 1962 - 2024 |
| Forecast: Government Expenditure (CAD bn) | 1,516.003 2029 | yearly | 1980 - 2029 |
| Forecast: Government Net Debt (CAD bn) | 3,127.329 2028 | yearly | 1980 - 2028 |
| Forecast: Government Revenue (CAD bn) | 1,500.939 2029 | yearly | 1980 - 2029 |
| Budgetary Balance: Deficit or Surplus (CAD mn) | 939.000 Jun 2024 | monthly | May 1992 - Jun 2024 |
| Budgetary Revenue: Tax Revenues (TR) (CAD mn) | 32,904.000 Jun 2024 | monthly | Jan 1996 - Jun 2024 |
| Budgetary Expense (CAD mn) | -39,887.000 Jun 2024 | monthly | May 1992 - Jun 2024 |
| Budgetary Revenue: TR: Excise Taxes & Duties (CAD mn) | 5,807.000 Jun 2024 | monthly | Jan 1996 - Jun 2024 |
| Budgetary Revenue (CAD mn) | 40,826.000 Jun 2024 | monthly | May 1992 - Jun 2024 |
| 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) | 1,853.000 Jun 2024 | monthly | Jan 1996 - Jun 2024 |
| 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) | 498.8 Jul 2024 | monthly | Jan 1988 - Jul 2024 |
| Total Exports (USD mn) | 47,876.6 Jul 2024 | monthly | Jan 1988 - Jul 2024 |
| Total Exports Growth (%) | 6.9 Jul 2024 | monthly | Jan 1989 - Jul 2024 |
| Aluminum: Exports (USD th) | 10,038,642.351 2023 | yearly | 1995 - 2023 |
| 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) | 47,377.9 Jul 2024 | monthly | Jan 1988 - Jul 2024 |
| Total Imports Growth (%) | 4.4 Jul 2024 | monthly | Jan 1989 - Jul 2024 |
| 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) | 37,250.911 Jul 2024 | monthly | Jan 1988 - Jul 2024 |
| Total Imports from USA (USD mn) | 29,000.583 Jul 2024 | monthly | Jan 1997 - Jul 2024 |
| Total Exports to China (USD mn) | 1,990.302 Jul 2024 | monthly | Jan 1997 - Jul 2024 |
| Total Imports from China (USD mn) | 3,768.412 Jul 2024 | monthly | Jan 1997 - Jul 2024 |
| Coal Exports (kton) | 3,514.000 Jun 2024 | monthly | Jan 1977 - Jun 2024 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Light Emitting Diodes ... (CAD th) | 12,077.349 Jul 2024 | monthly | Jan 2022 - Jul 2024 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Photovoltaic Cells ass... (CAD th) | 20,753.499 Jul 2024 | monthly | Jan 2022 - Jul 2024 |
| Import Value (Val): HS: Iron and Steel (IS) (CAD th) | 1,113,024.037 Jul 2024 | monthly | Jan 1988 - Jul 2024 |
| 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 (%) | 0.5 Mar 2024 | quarterly | Mar 2005 - Mar 2024 |
| Household Debt: % of GDP (%) | 100.5 Jun 2024 | quarterly | Mar 1969 - Jun 2024 |
| Money Supply M1 (USD mn) | 1,133,949.732 Jul 2024 | monthly | Mar 1975 - Jul 2024 |
| Money Supply M2 (USD mn) | 1,867,875.561 Jul 2024 | monthly | Jan 1968 - Jul 2024 |
| M2 Growth (%) | 6.1 Jul 2024 | monthly | Jan 1969 - Jul 2024 |
| Foreign Exchange Reserves (USD mn) | 97,153.0 Aug 2024 | monthly | Jun 1999 - Aug 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 4.354 Jun 2024 | quarterly | Jun 1999 - Jun 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.0 Jul 2024 | monthly | Jun 1999 - Jul 2024 |
| Gold Reserves (USD mn) | 0.000 Aug 2024 | monthly | Dec 1956 - Aug 2024 |
| Total Deposits (USD mn) | 4,418,461.600 Jun 2024 | monthly | Jan 2009 - Jun 2024 |
| Total Deposits Growth (%) | 5.4 Jun 2024 | monthly | Jan 2010 - Jun 2024 |
| Domestic Credit (USD mn) | 4,602,802.4 Jul 2024 | monthly | Jan 1969 - Jul 2024 |
| Domestic Credit Growth (%) | 2.5 Jul 2024 | monthly | Jan 1970 - Jul 2024 |
| Debt Service Ratio: Households (%) | 14.400 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 24.500 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Credit to Households (USD bn) | 2,230.826 Dec 2023 | quarterly | Mar 1969 - Dec 2023 |
| Credit to Private Non-Financial Sector (USD bn) | 4,810.343 Dec 2023 | quarterly | Mar 1954 - Dec 2023 |
| Household Debt (USD mn) | 2,159,451.7 Jul 2024 | monthly | Jan 1969 - Jul 2024 |
| Total Loans (USD mn) | 3,120,604.810 Jul 2024 | monthly | Jan 1969 - Jul 2024 |
| Total Loans Growth (%) | 2.44 Jul 2024 | monthly | Jan 1970 - Jul 2024 |
| Private Debt: % of Nominal GDP (%) | 214.41 Jun 2024 | quarterly | Mar 1969 - Jun 2024 |
| Money Supply: M3: Gross: sa (CAD mn) | 3,717,509.000 Jul 2024 | monthly | Jan 1970 - Jul 2024 |
| Money Supply: M1+: Gross (CAD mn) | 1,561,357.000 Jul 2024 | monthly | Mar 1975 - Jul 2024 |
| Money Supply: M2+: M2: Gross (CAD mn) | 2,579,234.000 Jul 2024 | monthly | Jan 1968 - Jul 2024 |
| Money Supply: M1+: Gross: sa (CAD mn) | 1,565,531.000 Jul 2024 | monthly | Mar 1975 - Jul 2024 |
| Money Supply: M2+: M2: Gross: sa (CAD mn) | 2,578,789.000 Jul 2024 | monthly | Jan 1968 - Jul 2024 |
| Money Supply: M3: Gross (CAD mn) | 3,717,405.000 Jul 2024 | monthly | Jan 1970 - Jul 2024 |
| Official International Reserves (USD mn) | 125,782.000 Aug 2024 | monthly | Dec 1994 - Aug 2024 |
| Official International Reserves: Gold (USD mn) | 0.000 Aug 2024 | monthly | Dec 1994 - Aug 2024 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -10.6 Aug 2024 | monthly | Dec 2001 - Aug 2024 |
| Purchasing Manager Index: Seasonally Adjusted (NA) | 48.200 Aug 2024 | monthly | Dec 2000 - Aug 2024 |
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