Canada recorded a Government Debt to GDP of 117.80 percent of the country's Gross Domestic Product in 2020. source: IMF

Government Debt to GDP in Canada averaged 79.41 percent from 1980 until 2020, reaching an all time high of 117.80 percent in 2020 and a record low of 44.90 percent in 1980. This page provides - Canada Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Government Gross Debt to GDP - values, historical data and charts - was last updated on September of 2021.

Government Debt to GDP in Canada is expected to reach 120.00 percent of GDP by the end of 2021, 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 113.00 percent of GDP in 2022 and 109.00 percent of GDP in 2023, according to our econometric models.

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Canada Government Gross Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
117.80 86.80 117.80 44.90 1980 - 2020 percent of GDP Yearly

Canada Government Last Previous Highest Lowest Unit
Government Debt to GDP 117.80 86.80 117.80 44.90 percent of GDP [+]
Government Budget -15.90 -1.50 5.10 -15.90 percent of GDP [+]
Government Budget Value -12710.00 -13980.00 5770.00 -43932.00 CAD Million [+]
Government Spending 447597.00 440999.00 447597.00 91244.00 CAD Million [+]
Government Revenues 29626.00 29662.00 34517.00 3384.00 CAD Million [+]
Fiscal Expenditure 40426.00 41661.00 64021.00 5565.00 CAD Million [+]
Credit Rating 100.00 [+]
Military Expenditure 22854.00 22204.00 22854.00 3809.00 USD Million [+]
Government Debt 721.36 685.45 721.36 14.83 CAD Billion [+]
Asylum Applications 1160.00 1115.00 8800.00 661.00 Persons [+]


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.