Canada recorded a Government Debt to GDP of 107 percent of the country's Gross Domestic Product in 2022. Government Debt to GDP in Canada averaged 80.83 percent of GDP from 1980 until 2022, reaching an all time high of 117.80 percent of GDP in 2020 and a record low of 44.90 percent of GDP in 1980. source: IMF

Government Debt to GDP in Canada is expected to reach 104.00 percent of GDP by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Government Gross Debt to GDP is projected to trend around 101.00 percent of GDP in 2024 and 99.00 percent of GDP in 2025, according to our econometric models.



Related Last Previous Unit Reference
Asylum Applications 15825.00 16135.00 Persons Mar 2024
Credit Rating 100.00 Apr 2024
Fiscal Expenditure 38529.00 36061.00 CAD Million Jan 2024
Government Budget -1.30 -3.60 percent of GDP Dec 2022
Budget Balance -2059.00 -4472.00 CAD Million Jan 2024
Government Debt 1173.01 1139.98 CAD Billion Dec 2023
Government Debt to GDP 107.00 112.80 percent of GDP Dec 2022
Government Revenues 41239.00 36258.00 CAD Million Jan 2024
Government Spending 518777.00 521261.00 CAD Million Dec 2023
Holidays
Military Expenditure 27221.50 25567.90 USD Million Dec 2023

Canada Government Gross Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.
Actual Previous Highest Lowest Dates Unit Frequency
107.00 112.80 117.80 44.90 1980 - 2022 percent of GDP Yearly