Canada Government Debt to GDP

Canada recorded a government debt equivalent to 89.60 percent of the country's Gross Domestic Product in 2017. Government Debt to GDP in Canada averaged 78.07 percent from 1980 until 2017, reaching an all time high of 100.60 percent in 1996 and a record low of 45.10 percent in 1980.

Government Debt to GDP in Canada is expected to be 93.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Government Debt to GDP is projected to trend around 89.00 percent in 2020, according to our econometric models.

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Canada Government	Last	Previous	Highest	Lowest	Unit
Government Debt to GDP	89.60	92.40	100.60	45.10	percent	[+]
Government Budget	-0.90	0.00	5.10	-8.30	percent of GDP	[+]
Government Budget Value	2452.00	-2219.00	5770.00	-10629.00	CAD Million	[+]
Government Spending	417805.00	417220.00	417805.00	80057.00	CAD Million	[+]
Government Revenues	29483.00	25534.00	29483.00	3384.00	CAD Million	[+]
Fiscal Expenditure	24986.00	26053.00	34922.00	5565.00	CAD Million	[+]
Credit Rating	98.74					[+]
Military Expenditure	19837.10	18132.30	19837.10	3598.20	USD Million	[+]
Asylum Applications	5187.00	4133.00	8695.00	661.00	Persons	[+]
Government Debt	671.25	651.54	671.25	14.83	CAD Billion	[+]

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. This page provides - Canada Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Government Debt to GDP - actual data, historical chart and calendar of releases - was last updated on March of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	89.60	92.40	100.60	45.10	1980 - 2017	percent	Yearly

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Country	Last		Previous	Range
Japan	253.00	Dec/17	250	253 : 50.6	%
Italy	132.10	Dec/18	131	132 : 90.5	%
Singapore	110.60	Dec/17	112	112 : 67.4	%
United States	105.40	Dec/17	106	119 : 31.7	%
Spain	98.30	Dec/17	99	100 : 16.6	%
France	97.00	Dec/17	96.6	97 : 20.7	%
Canada	89.60	Dec/17	92.4	101 : 45.1	%
Euro Area	86.70	Dec/17	89	91.9 : 64.9	%
United Kingdom	84.70	Dec/18	85.1	85.1 : 21.8	%
Brazil	74.04	Dec/17	69.95	74.04 : 51.27	%
India	68.70	Dec/17	69.6	84.2 : 66	%
Germany	63.90	Dec/17	67.9	81 : 54.7	%
Argentina	57.10	Dec/17	53.3	167 : 34.5	%
Netherlands	56.70	Dec/17	61.8	73.5 : 42.7	%
South Africa	53.10	Dec/17	51.6	53.1 : 27.8	%
China	47.60	Dec/17	44.3	47.6 : 20.4	%
Mexico	46.40	Dec/17	48.2	48.2 : 17.1	%
Australia	41.90	Dec/17	41	41.9 : 9.7	%
South Korea	38.00	Dec/17	38.3	38.3 : 8.24	%
Indonesia	29.80	Dec/18	28.7	87.43 : 22.96	%
Switzerland	29.70	Dec/17	29.1	48.9 : 25.1	%
Turkey	28.30	Dec/17	28.3	76.1 : 27.6	%
Saudi Arabia	17.20	Dec/17	13.1	104 : 1.6	%
Russia	13.50	Dec/17	12.9	92.1 : 6.5	%