Canada recorded a Government Debt to GDP of 112.80 percent of the country's Gross Domestic Product in 2021. source: IMF

Government Debt to GDP in Canada averaged 80.20 percent of GDP from 1980 until 2021, 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. 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 June of 2023.

Government Debt to GDP in Canada is expected to reach 99.00 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 96.00 percent of GDP in 2024 and 93.00 percent of GDP in 2025, according to our econometric models.

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Canada Government Gross Debt to GDP

Related Last Previous Unit Reference
Government Debt to GDP 112.80 117.80 percent of GDP Dec 2021

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
112.80 117.80 117.80 44.90 1980 - 2021 percent of GDP Yearly