Canada vs United States of America: Gross debt, General government, Percent of GDP

Canada
103.53
in 2031
United States of America
142.11
in 2031
Canada rank
5th
United States of America rank
3rd

Gross debt, General government, Percent of GDP over time

  • Canada
  • United States of America
406080100120140198020052031

How they compare

United States of America currently reports 142.11 against 103.53 in Canada, a difference of 38.58.

That makes United States of America's figure about 1.4 times Canada's.

The two have swapped places 1 time across 31 shared years of data; in 2001 it was Canada ahead.

Canada ranks 5th and United States of America ranks 3rd of 36 countries.

Across the 4 decades both report, Canada averaged higher in 1 and United States of America in 3.

Head to head by decade

Decade Canada United States of America Difference Ahead
2000s 74.31 65.66 8.65 Canada
2010s 88.53 104.5 15.96 United States of America
2020s 109.78 126.49 16.71 United States of America
2030s 104.35 140.5 36.16 United States of America

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross debt, general government, percent of gdp, Canada or United States of America?
United States of America, at 142.11 against 103.53 in Canada as of 2031.
What is the difference in gross debt, general government, percent of gdp between Canada and United States of America?
38.58, with United States of America ahead.
How many years of comparable data are there for Canada and United States of America?
31 years are reported by both, from 2001 to 2031.
How do Canada and United States of America rank globally for gross debt, general government, percent of gdp?
Canada ranks 5th and United States of America ranks 3rd of 36 countries.
Where does this data come from?
International Monetary Fund, published as Gross debt, General government, Percent of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Canada vs United States of America: Gross debt, General government, Percent of GDP. Statizoid, drawing on International Monetary Fund. Retrieved 12 September 2026, from https://debt.statizoid.com/compare/gross-debt-general-government-percent-of-gdp-2/canada/united-states/

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About this data

Indicator
Gross debt, General government, Percent of GDP
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
37 places, 1,354 data points, 1980–2031
Last refreshed

The WHD Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in the Western Hemisphere. Data for the Western Hemisphere REO are prepared in conjunction and are consistent with the semi-annual World Economic Outlook (WEO) exercises. REO aggregate data may differ from WEO aggregates due to differences in group membership. Composite data for country groups are weighted averages of data for individual countries. Arithmetic weighted averages are used for all concepts except for inflation and broad money, for which geometric averages are used. PPP GDP weights from the WEO database are used for the aggregation of real GDP growth, real non-oil GDP growth, real per capita GDP growth, investment, national savings, broad money, claims on the nonfinancial private sector, and real and nominal effective exchange rates. Aggregates for other concepts are weighted by GDP in U.S. dollars at market exchange rates.