Facts
- Government gross debt, % of GDP
- 113.6 % (2025)
- Fiscal balance, % of GDP
- -1.7 % (2025)
- GDP, current prices
- $2,321.2 bn (2025)
- Current account, % of GDP
- -0.9 % (2025)
- Debt level
- Above 100% of GDP
- Change in debt ratio, last 10 years
- +21.3 pp
- Central government debt, % of GDP (World Bank)
- 64.1 % (2024)
- ISO code
- CAN
Sources: US Treasury Fiscal Data — Debt to the Penny, MSPD (public domain), IMF World Economic Outlook, World Bank WDI (CC BY 4.0)
Government gross debt, % of GDP
| Period | Value |
|---|---|
| 2025 | 113.6 % |
| 2024 | 110.0 % |
| 2023 | 105.1 % |
| 2022 | 103.5 % |
| 2021 | 112.6 % |
| 2020 | 118.1 % |
| 2019 | 90.1 % |
| 2018 | 90.8 % |
| 2017 | 91.0 % |
| 2016 | 92.5 % |
| 2015 | 92.3 % |
| 2014 | 85.8 % |
Net lending / borrowing, % of GDP
| Period | Value |
|---|---|
| 2025 | -1.7 % |
| 2024 | -2.1 % |
| 2023 | -0.2 % |
| 2022 | 0.6 % |
| 2021 | -3.1 % |
| 2020 | -10.9 % |
| 2019 | 0.0 % |
| 2018 | 0.4 % |
| 2017 | -0.1 % |
| 2016 | -0.5 % |
| 2015 | -0.1 % |
| 2014 | 0.2 % |
GDP, current prices ($ billions)
| Period | Value |
|---|---|
| 2025 | $2,321.2 bn |
| 2024 | $2,270.1 bn |
| 2023 | $2,196.6 bn |
| 2022 | $2,200.6 bn |
| 2021 | $2,022.4 bn |
| 2020 | $1,655.7 bn |
| 2019 | $1,743.7 bn |
| 2018 | $1,725.3 bn |
| 2017 | $1,649.3 bn |
| 2016 | $1,528.0 bn |
| 2015 | $1,556.5 bn |
| 2014 | $1,805.8 bn |
Current account balance, % of GDP
| Period | Value |
|---|---|
| 2025 | -0.9 % |
| 2024 | -0.5 % |
| 2023 | -0.7 % |
| 2022 | -0.5 % |
| 2021 | 0.0 % |
| 2020 | -2.0 % |
| 2019 | -2.0 % |
| 2018 | -2.4 % |
| 2017 | -2.8 % |
| 2016 | -3.1 % |
| 2015 | -3.5 % |
| 2014 | -2.3 % |
Central government debt, % of GDP (World Bank)
| Period | Value |
|---|---|
| 2024 | 64.1 |
| 2023 | 60.5 |
| 2022 | 59.4 |
| 2021 | 68.8 |
| 2020 | 74.6 |
| 2019 | 53.4 |
| 2018 | 53.1 |
| 2017 | 54.5 |
| 2016 | 56.0 |
| 2015 | 56.0 |
| 2014 | 51.5 |
| 2013 | 53.2 |