Canada recorded a government debt equivalent to 89.70 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Canada averaged 78.23 percent from 1980 until 2018, reaching an all time high of 100.20 percent in 1996 and a record low of 44.90 percent in 1980. source: Department of Finance Canada

Government Debt to GDP in Canada is expected to be 90.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Government Gross Debt to GDP is projected to trend around 89.00 percent in 2020, according to our econometric models.

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Canada Government Gross Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
89.70 90.10 100.20 44.90 1980 - 2018 percent Yearly

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.

Canada Government Last Previous Highest Lowest Unit
Government Debt to GDP 89.70 90.10 100.20 44.90 percent [+]
Government Budget -0.70 -0.90 5.10 -8.10 percent of GDP [+]
Government Budget Value -3254.00 -578.00 5770.00 -14900.00 CAD Million [+]
Government Spending 427558.00 426665.00 427558.00 91244.00 CAD Million [+]
Government Revenues 25465.00 27252.00 32040.00 3384.00 CAD Million [+]
Fiscal Expenditure 26937.00 25704.00 40708.00 5565.00 CAD Million [+]
Credit Rating 98.00 [+]
Military Expenditure 21352.00 21343.00 21352.00 3730.00 USD Million [+]
Government Debt 685.45 671.25 685.45 14.83 CAD Billion [+]
Asylum Applications 5187.00 4133.00 8695.00 661.00 Persons [+]