Canada Total Debt: % of GDP
1990 - 2024 | Quarterly | % | CEIC Data
Key information about Canada Total Debt: % of GDP
- Canada Total Debt accounted for 930.9 % of the country's GDP in 2024, compared with the ratio of 935.3 % in the previous quarter.
- Canada Total Debt: % of GDP data is updated quarterly, available from Mar 1990 to Mar 2024.
- The data reached an all-time high of 1,077.6 % 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 Mar 2024 in the chart:
What was Canada's Total Debt: % of GDP in Mar 2024?
Canada Total Debt accounted for 930.9 % of the country's GDP in 2024, compared with the ratio of 935.3 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 930.9 Mar 2024 | 935.3 Dec 2023 | 477.0 Mar 1990 | 1,077.6 Dec 2020 | % | quarterly | Mar 1990 - Mar 2024 |
Total Debt: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Australia (%) | 261.1 Mar 2024 | quarterly | Jun 1988 - Mar 2024 |
| Austria (%) | 527.6 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Belgium (%) | 716.5 Mar 2024 | quarterly | Dec 1998 - Mar 2024 |
| Bulgaria (%) | 358.8 2022 | yearly | 1995 - 2022 |
| Canada (%) | 930.9 Mar 2024 | quarterly | Mar 1990 - Mar 2024 |
| Croatia (%) | 439.7 Mar 2024 | quarterly | Mar 2012 - Mar 2024 |
| Cyprus (%) | 1,238.5 2022 | yearly | 1995 - 2022 |
| Czech Republic (%) | 388.8 Mar 2024 | quarterly | Mar 2008 - Mar 2024 |
| Denmark (%) | 780.0 2022 | yearly | 1994 - 2022 |
| Estonia (%) | 363.8 Mar 2024 | quarterly | Dec 2003 - Mar 2024 |
| European Union (%) | 726.1 2022 | yearly | 2001 - 2022 |
| Finland (%) | 645.3 2023 | yearly | 1995 - 2023 |
| France (%) | 927.5 Mar 2024 | quarterly | Mar 1996 - Mar 2024 |
| Germany (%) | 575.6 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
| Greece (%) | 554.8 Mar 2024 | quarterly | Dec 1997 - Mar 2024 |
| Hungary (%) | 414.8 Dec 2023 | quarterly | Dec 1995 - Dec 2023 |
| Iceland (%) | 690.6 2022 | yearly | 2003 - 2022 |
| Ireland (%) | 966.4 Mar 2024 | quarterly | Mar 2002 - Mar 2024 |
| Italy (%) | 574.4 Mar 2024 | quarterly | Dec 1995 - Mar 2024 |
| Japan (%) | 1,293.3 Mar 2024 | quarterly | Jun 1998 - Mar 2024 |
| South Korea (%) | 705.4 Mar 2024 | quarterly | Dec 2008 - Mar 2024 |
| Latvia (%) | 324.1 Mar 2024 | quarterly | Mar 2004 - Mar 2024 |
| Lithuania (%) | 307.9 Mar 2024 | quarterly | Dec 1995 - Mar 2024 |
| Luxembourg (%) | 7,210.3 Mar 2024 | quarterly | Dec 1995 - Mar 2024 |
| North Macedonia (%) | 342.0 2023 | yearly | 2013 - 2023 |
| Malta (%) | 1,457.5 Mar 2024 | quarterly | Mar 2004 - Mar 2024 |
| Mexico (%) | 106.2 Jun 2024 | quarterly | Dec 2000 - Jun 2024 |
| Netherlands (%) | 884.5 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| New Zealand (%) | 621.0 2021 | yearly | 2006 - 2021 |
| Norway (%) | 607.6 Mar 2024 | quarterly | Dec 1995 - Mar 2024 |
| Poland (%) | 289.9 Mar 2024 | quarterly | Mar 2004 - Mar 2024 |
| Portugal (%) | 476.4 Mar 2024 | quarterly | Dec 1995 - Mar 2024 |
| Romania (%) | 251.1 Mar 2024 | quarterly | Mar 2007 - Mar 2024 |
| Slovakia (%) | 386.2 Mar 2024 | quarterly | Dec 2012 - Mar 2024 |
| Slovenia (%) | 337.3 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
| Spain (%) | 585.1 Mar 2024 | quarterly | Dec 1995 - Mar 2024 |
| Sweden (%) | 771.2 Mar 2024 | quarterly | Mar 1996 - Mar 2024 |
| Switzerland (%) | 946.3 2023 | yearly | 1999 - 2023 |
| Taiwan (%) | 882.1 2022 | yearly | 2000 - 2022 |
| Turkey (%) | 273.5 Mar 2024 | quarterly | Dec 2014 - Mar 2024 |
| Ukraine (%) | 235.5 2021 | yearly | 2009 - 2021 |
| United Kingdom (%) | 907.7 Mar 2024 | quarterly | Mar 1987 - Mar 2024 |
| United States (%) | 735.9 Mar 2024 | quarterly | Dec 1951 - Mar 2024 |
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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 Expense (CAD mn) | -39,887.000 Jun 2024 | monthly | May 1992 - Jun 2024 |
| Budgetary Balance: Deficit or Surplus (CAD mn) | 939.000 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 |
| Budgetary Revenue: Tax Revenues (TR) (CAD mn) | 32,904.000 Jun 2024 | monthly | Jan 1996 - 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 (%) | 100.3 Jun 2024 | quarterly | Mar 1969 - Jun 2024 |
| Money Supply M1 (USD mn) | 1,135,410.699 Jun 2024 | monthly | Mar 1975 - Jun 2024 |
| Money Supply M2 (USD mn) | 1,878,935.253 Jun 2024 | monthly | Jan 1968 - Jun 2024 |
| M2 Growth (%) | 6.4 Jun 2024 | monthly | Jan 1969 - Jun 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) | 4,629,829.0 Jun 2024 | monthly | Jan 1969 - Jun 2024 |
| Domestic Credit Growth (%) | 2.8 Jun 2024 | monthly | Jan 1970 - Jun 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) | 2,166,172.2 Jun 2024 | monthly | Jan 1969 - Jun 2024 |
| Total Loans (USD mn) | 3,127,877.083 Jun 2024 | monthly | Jan 1969 - Jun 2024 |
| Total Loans Growth (%) | 2.12 Jun 2024 | monthly | Jan 1970 - Jun 2024 |
| Private Debt: % of Nominal GDP (%) | 214.46 Jun 2024 | quarterly | Mar 1969 - Jun 2024 |
| Money Supply: M1+: Gross: sa (CAD mn) | 1,553,696.000 Jun 2024 | monthly | Mar 1975 - Jun 2024 |
| Money Supply: M2+: M2: Gross (CAD mn) | 2,568,866.000 Jun 2024 | monthly | Jan 1968 - Jun 2024 |
| Money Supply: M1+: Gross (CAD mn) | 1,561,060.000 Jun 2024 | monthly | Mar 1975 - Jun 2024 |
| Money Supply: M3: Gross (CAD mn) | 3,693,488.000 Jun 2024 | monthly | Jan 1970 - Jun 2024 |
| Money Supply: M3: Gross: sa (CAD mn) | 3,703,689.000 Jun 2024 | monthly | Jan 1970 - Jun 2024 |
| Money Supply: M2+: M2: Gross: sa (CAD mn) | 2,571,135.000 Jun 2024 | monthly | Jan 1968 - Jun 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) | 18.0 Jul 2024 | monthly | Dec 2001 - Jul 2024 |
| Purchasing Manager Index: Seasonally Adjusted (NA) | 57.600 Jul 2024 | monthly | Dec 2000 - Jul 2024 |
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