Canada Total Debt: % of GDP
1990 - 2025 | Quarterly | % | CEIC Data
Key information about Canada Total Debt: % of GDP
- Canada Total Debt accounted for 942.5 % of the country's GDP in 2025, compared with the ratio of 933.1 % in the previous quarter.
- Canada Total Debt: % of GDP data is updated quarterly, available from Mar 1990 to Sep 2025.
- The data reached an all-time high of 1,080.6 % in Dec 2020 and a record low of 477.0 % in Mar 1990.
CEIC calculates quarterly Total Debt as % of Nominal GDP from quarterly Total Debt and quarterly Nominal GDP. Total Debt is calculated as the Total Liabilities less Equity & Investment Fund Shares and Financial Derivatives. Statistics Canada provides Total Debt in local currency and Nominal GDP in local currency.
View Canada's Total Debt: % of GDP from Mar 1990 to Sep 2025 in the chart:
What was Canada's Total Debt: % of GDP in Sep 2025?
Canada Total Debt accounted for 942.5 % of the country's GDP in 2025, compared with the ratio of 933.1 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 942.5 Sep 2025 | 933.1 Jun 2025 | 477.0 Mar 1990 | 1,080.6 Dec 2020 | % | quarterly | Mar 1990 - Sep 2025 |
Total Debt: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Australia (%) | 268.4 Sep 2025 | quarterly | Jun 1988 - Sep 2025 |
| Austria (%) | 527.0 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Belgium (%) | 698.3 Jun 2025 | quarterly | Dec 1998 - Jun 2025 |
| Bulgaria (%) | 348.2 2024 | yearly | 1995 - 2024 |
| Canada (%) | 942.5 Sep 2025 | quarterly | Mar 1990 - Sep 2025 |
| Croatia (%) | 413.0 Jun 2025 | quarterly | Dec 1995 - Jun 2025 |
| Cyprus (%) | 1,145.5 2024 | yearly | 1995 - 2024 |
| Czech Republic (%) | 388.5 Jun 2025 | quarterly | Mar 2004 - Jun 2025 |
| Denmark (%) | 838.8 2023 | yearly | 1994 - 2023 |
| Estonia (%) | 379.9 Jun 2025 | quarterly | Dec 2003 - Jun 2025 |
| European Union (%) | 689.7 2024 | yearly | 2001 - 2024 |
| Finland (%) | 608.5 2024 | yearly | 1995 - 2024 |
| France (%) | 948.1 Jun 2025 | quarterly | Mar 1996 - Jun 2025 |
| Germany (%) | 595.9 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Greece (%) | 526.7 Jun 2025 | quarterly | Dec 1997 - Jun 2025 |
| Hungary (%) | 395.4 Jun 2025 | quarterly | Dec 1995 - Jun 2025 |
| Iceland (%) | 678.3 2024 | yearly | 2003 - 2024 |
| Ireland (%) | 830.9 Jun 2025 | quarterly | Mar 2002 - Jun 2025 |
| Italy (%) | 555.5 Jun 2025 | quarterly | Dec 1995 - Jun 2025 |
| Japan (%) | 1,169.6 Sep 2025 | quarterly | Jun 1998 - Sep 2025 |
| South Korea (%) | 716.6 Jun 2025 | quarterly | Dec 2008 - Jun 2025 |
| Latvia (%) | 344.0 Jun 2025 | quarterly | Mar 2004 - Jun 2025 |
| Lithuania (%) | 319.8 Jun 2025 | quarterly | Dec 1995 - Jun 2025 |
| Luxembourg (%) | 6,979.5 Jun 2025 | quarterly | Dec 1995 - Jun 2025 |
| North Macedonia (%) | 335.0 2023 | yearly | 2013 - 2023 |
| Malta (%) | 1,328.0 Jun 2025 | quarterly | Mar 2004 - Jun 2025 |
| Mexico (%) | 114.3 Sep 2025 | quarterly | Dec 2000 - Sep 2025 |
| Netherlands (%) | 949.7 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| New Zealand (%) | 586.2 2023 | yearly | 2006 - 2023 |
| Norway (%) | 578.5 Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| Poland (%) | 299.3 Jun 2025 | quarterly | Mar 2004 - Jun 2025 |
| Portugal (%) | 458.9 Jun 2025 | quarterly | Dec 1995 - Jun 2025 |
| Romania (%) | 243.3 Jun 2025 | quarterly | Dec 1995 - Jun 2025 |
| Slovakia (%) | 377.8 Jun 2025 | quarterly | Dec 2012 - Jun 2025 |
| Slovenia (%) | 329.2 Jun 2025 | quarterly | Mar 2004 - Jun 2025 |
| Spain (%) | 561.2 Jun 2025 | quarterly | Dec 1995 - Jun 2025 |
| Sweden (%) | 755.1 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Switzerland (%) | 897.5 2024 | yearly | 1999 - 2024 |
| Taiwan, China (%) | 889.0 2023 | yearly | 2000 - 2023 |
| Turkey (%) | 243.6 Jun 2025 | quarterly | Dec 2014 - Jun 2025 |
| Ukraine (%) | 235.5 2021 | yearly | 2009 - 2021 |
| United Kingdom (%) | 827.7 Jun 2025 | quarterly | Mar 1987 - Jun 2025 |
| United States (%) | 718.9 Jun 2025 | quarterly | Dec 1951 - Jun 2025 |
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| 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: Tax Revenues (TR) (CAD mn) | 30,945.000 Sep 2025 | monthly | Jan 1996 - Sep 2025 |
| Budgetary Revenue: TR: Excise Taxes & Duties (CAD mn) | 6,125.000 Sep 2025 | monthly | Jan 1996 - Sep 2025 |
| Budgetary Expense (CAD mn) | -42,074.000 Sep 2025 | monthly | May 1992 - Sep 2025 |
| Budgetary Revenue (CAD mn) | 37,051.000 Sep 2025 | monthly | May 1992 - Sep 2025 |
| 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: Budgetary Revenue (CAD mn) | 612,800.000 2030 | yearly | 1996 - 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) | 110.8 Sep 2025 | monthly | Jan 1988 - Sep 2025 |
| Total Exports (USD mn) | 46,429.9 Sep 2025 | monthly | Jan 1988 - Sep 2025 |
| Total Exports Growth (%) | 0.3 Sep 2025 | monthly | Jan 1989 - Sep 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) | 46,319.1 Sep 2025 | monthly | Jan 1988 - Sep 2025 |
| Total Imports Growth (%) | -1.9 Sep 2025 | monthly | Jan 1989 - Sep 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) | 33,132.138 Sep 2025 | monthly | Jan 1988 - Sep 2025 |
| Total Imports from USA (USD mn) | 26,907.185 Sep 2025 | monthly | Jan 1997 - Sep 2025 |
| Total Exports to China (USD mn) | 1,838.803 Sep 2025 | monthly | Jan 1997 - Sep 2025 |
| Total Imports from China (USD mn) | 3,410.583 Sep 2025 | monthly | Jan 1997 - Sep 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) | 1,236,104.211 Oct 2025 | monthly | Mar 1975 - Oct 2025 |
| Money Supply M2 (USD mn) | 1,978,593.862 Oct 2025 | monthly | Jan 1968 - Oct 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 Sep 2025 | monthly | Jun 1999 - Sep 2025 |
| Gold Reserves (USD mn) | 0.000 Nov 2025 | monthly | Dec 1956 - Nov 2025 |
| Total Deposits (USD mn) | 4,617,182.204 Oct 2025 | monthly | Jan 2009 - Oct 2025 |
| Total Deposits Growth (%) | 4.4 Oct 2025 | monthly | Jan 2010 - Oct 2025 |
| Domestic Credit (USD mn) | 4,827,868.0 Oct 2025 | monthly | Jan 1969 - Oct 2025 |
| Domestic Credit Growth (%) | 4.5 Oct 2025 | monthly | Jan 1970 - Oct 2025 |
| Debt Service Ratio: Households (%) | 13.900 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 25.000 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Credit to Households (USD bn) | 2,292.362 Jun 2025 | quarterly | Mar 1969 - Jun 2025 |
| Credit to Private Non-Financial Sector (USD bn) | 4,965.201 Jun 2025 | quarterly | Mar 1954 - Jun 2025 |
| Household Debt (USD mn) | 2,286,136.3 Oct 2025 | monthly | Jan 1969 - Oct 2025 |
| Total Loans (USD mn) | 3,281,451.138 Sep 2025 | monthly | Jan 1969 - Sep 2025 |
| Total Loans Growth (%) | 4.29 Oct 2025 | monthly | Jan 1970 - Oct 2025 |
| Private Debt: % of Nominal GDP (%) | 209.75 Sep 2025 | quarterly | Mar 1969 - Sep 2025 |
| Money Supply: M2+: M2: Gross (CAD mn) | 2,773,403.000 Oct 2025 | monthly | Jan 1968 - Oct 2025 |
| Official International Reserves: Gold (USD mn) | 0.000 Nov 2025 | monthly | Dec 1994 - Nov 2025 |
| Official International Reserves (USD mn) | 127,795.000 Nov 2025 | monthly | Dec 1994 - Nov 2025 |
| Money Supply: M1+: Gross (CAD mn) | 1,623,406.000 Dec 2024 | monthly | Mar 1975 - Dec 2024 |
| Money Supply: M2+: M2: Gross: sa (CAD mn) | 2,638,116.000 Dec 2024 | monthly | Jan 1968 - Dec 2024 |
| Money Supply: M1+: Gross: sa (CAD mn) | 1,610,911.000 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 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -7.8 Nov 2025 | monthly | Dec 2001 - Nov 2025 |
| Purchasing Manager Index: Seasonally Adjusted (NA) | 48.400 Nov 2025 | monthly | Dec 2000 - Nov 2025 |
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