Canada recorded a government debt equivalent to 89.70 percent of the country's Gross Domestic Product in 2018/2019 fiscal year.
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. 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 September of 2020. source: Department of Finance Canada
Government Debt to GDP in Canada is expected to reach 97.00 percent by the end of 2020, 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 95.00 percent in 2021 and 90.00 percent in 2022, according to our econometric models.