Canada Government Gross Debt to GDP

Canada recorded a government debt equivalent to 90.60 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Canada averaged 78.33 percent from 1980 until 2018, 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	90.60	89.70	100.60	45.10	percent	[+]
Government Budget	-0.70	-0.90	5.10	-8.10	percent of GDP	[+]
Government Budget Value	-14900.00	4310.00	5770.00	-14900.00	CAD Million	[+]
Government Spending	422881.00	420573.00	422881.00	91244.00	CAD Million	[+]
Government Revenues	27797.00	32040.00	32040.00	3384.00	CAD Million	[+]
Fiscal Expenditure	40708.00	25904.00	40708.00	5565.00	CAD Million	[+]
Credit Rating	98.74					[+]
Military Expenditure	21352.00	21343.00	21352.00	3730.00	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 Gross Debt to GDP - actual data, historical chart and calendar of releases - was last updated on July of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	90.60	89.70	100.60	45.10	1980 - 2018	percent	Yearly

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Country	Last		Previous	Range
Japan	253.00	Dec/17	250	253 : 50.6	%
Italy	132.20	Dec/18	131	132 : 90.5	%
Singapore	112.20	Dec/18	111	112 : 67.4	%
United States	106.10	Dec/18	105	119 : 31.8	%
France	98.40	Dec/18	98.4	98.4 : 20.7	%
Spain	97.10	Dec/18	98.1	100 : 16.6	%
Canada	90.60	Dec/18	89.7	101 : 45.1	%
Argentina	86.20	Dec/18	56.6	167 : 34.5	%
Euro Area	85.10	Dec/18	87.1	92 : 65	%
United Kingdom	84.70	Dec/18	85.1	85.1 : 21.8	%
Brazil	77.22	Dec/18	74.07	77.22 : 51.27	%
India	68.70	Dec/17	69.6	84.2 : 66	%
Germany	60.90	Dec/18	64.5	81.8 : 54.8	%
South Africa	55.80	Dec/18	53.1	55.8 : 27.8	%
Netherlands	52.40	Dec/18	57	73.1 : 43	%
China	50.50	Dec/18	46.8	50.5 : 20.4	%
Mexico	46.00	Dec/18	46	48.2 : 17.9	%
Australia	40.70	Dec/18	40.7	40.7 : 9.7	%
South Korea	36.60	Dec/18	36.3	39.9 : 8.24	%
Turkey	30.40	Dec/18	28.3	76.1 : 27.6	%
Indonesia	29.80	Dec/18	28.7	87.43 : 22.96	%
Switzerland	27.70	Dec/18	29.3	48.9 : 25.1	%
Saudi Arabia	19.10	Dec/18	17.2	104 : 1.6	%
Russia	13.50	Dec/17	12.9	92.1 : 6.5	%