Government debt — all countries

Government debt — Canada

Government debt in Canada in 2031 — 103.5%. Ranked 166 in the world out of 184. Since 1980, the indicator has risen by 58.9 pp.

2031 103.5% −1.7 pp vs 2030
World rank 166of 184
Period maximum 118.1%2020
Period minimum 44.6%1980

Trend over time

1980–2031 · % of GDP

Government debt — Canada, 1980–203140608010012019801986199219982004201020162022202820311980: 44.6%1981: 46.1%1982: 51.7%1983: 57.2%1984: 60.2%1985: 65.2%1986: 69.3%1987: 69.8%1988: 69.7%1989: 71%1990: 73.7%1991: 81.7%1992: 88.2%1993: 94.7%1994: 97.5%1995: 100.1%1996: 100.2%1997: 95.3%1998: 93.3%1999: 89%2000: 80.4%2001: 81.5%2002: 79.6%2003: 75.9%2004: 71.9%2005: 70.6%2006: 69.9%2007: 67.2%2008: 70.4%2009: 81.8%2010: 84%2011: 84.3%2012: 87%2013: 87.7%2014: 85.8%2015: 92.3%2016: 92.5%2017: 91%2018: 90.8%2019: 90.1%2020: 118.1%2021: 112.6%2022: 103.5%2023: 105.1%2024: 110%2025: 113.5%2026: 110.7%2027: 109.5%2028: 108.1%2029: 106.7%2030: 105.2%2031: 103.5%
Change over the period: +58.9 pp Annual average: 1.15 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Canada

Canada 103.5%
World computed 102.5%
High-income countries computed 108.6%
Government debt — Canada, by year Canada All countries CSV XLSX
Year % Change, pp
2031 103.5 −1.7 pp
2030 105.2 −1.5 pp
2029 106.7 −1.4 pp
2028 108.1 −1.4 pp
2027 109.5 −1.2 pp
2026 110.7 −2.8 pp
2025 113.5 +3.5 pp
2024 110 +4.9 pp
2023 105.1 +1.6 pp
2022 103.5 −9.1 pp
2021 112.6 −5.5 pp
2020 118.1 +28 pp
2019 90.1 −0.7 pp
2018 90.8 −0.2 pp
2017 91 −1.5 pp
2016 92.5 +0.2 pp
2015 92.3 +6.5 pp
2014 85.8 −1.9 pp
2013 87.7 +0.7 pp
2012 87 +2.7 pp
2011 84.3 +0.3 pp
2010 84 +2.2 pp
2009 81.8 +11.4 pp
2008 70.4 +3.2 pp
2007 67.2 −2.7 pp
2006 69.9 −0.7 pp
2005 70.6 −1.3 pp
2004 71.9 −4 pp
2003 75.9 −3.7 pp
2002 79.6 −1.9 pp
2001 81.5 +1.1 pp
2000 80.4 −8.6 pp
1999 89 −4.3 pp
1998 93.3 −2 pp
1997 95.3 −4.9 pp
1996 100.2 +0.1 pp
1995 100.1 +2.6 pp
1994 97.5 +2.8 pp
1993 94.7 +6.5 pp
1992 88.2 +6.5 pp
1991 81.7 +8 pp
1990 73.7 +2.7 pp
1989 71 +1.3 pp
1988 69.7 −0.1 pp
1987 69.8 +0.5 pp
1986 69.3 +4.1 pp
1985 65.2 +5 pp
1984 60.2 +3 pp
1983 57.2 +5.5 pp
1982 51.7 +5.6 pp
1981 46.1 +1.5 pp
1980 44.6

Northern America, 2031

The same indicator for neighboring countries — with links to their pages

About the indicator

Gross general government debt as a percent of GDP from the IMF World Economic Outlook database: all liabilities that require future payments of interest and/or principal. It covers the central government, regional and local budgets and extrabudgetary funds where the data allow. The threshold of 60% of GDP is used in the EU Maastricht criteria as a benchmark of sustainability.

Important: The coverage of the government sector differs between countries; when levels are compared, it matters whether regional budgets are included.

Source: World Economic Outlook (IMF), license IMF open data.