Gross debt, General government, Percent of GDP in Canada
Canada: Gross debt, General government, Percent of GDP was 107.89 in 2030. ▲ Rising
Latest (2030)
107.89
Change on year
down 1.7%
World rank
16th
of 193 countries
All-time high
118.07
in 2020
All-time low
67.18
in 2007
Years of data
40
1991–2030
Gross debt, General government, Percent of GDP in Canada, 1991–2030
Source: International Monetary Fund.
Analysis
The most recent figure for gross debt, general government, percent of gdp in Canada is 107.89, measured in 2030.
Compared with earlier readings it is down 1.7% on the previous year and down 8.6% over ten years.
Over the whole period, gross debt, general government, percent of gdp in Canada peaked at 118.07 in 2020 and was at its lowest, 67.18, in 2007.
Canada ranks 16th of 193 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 40 years of available data.
Gross debt, General government, Percent of GDP in Canada, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 81.66 | — |
| 1992 | 88.23 | +8.0% |
| 1993 | 94.73 | +7.4% |
| 1994 | 97.48 | +2.9% |
| 1995 | 100.08 | +2.7% |
| 1996 | 100.24 | +0.2% |
| 1997 | 95.27 | -5.0% |
| 1998 | 93.29 | -2.1% |
| 1999 | 88.97 | -4.6% |
| 2000 | 80.44 | -9.6% |
| 2001 | 81.46 | +1.3% |
| 2002 | 79.6 | -2.3% |
| 2003 | 75.91 | -4.6% |
| 2004 | 71.89 | -5.3% |
| 2005 | 70.64 | -1.7% |
| 2006 | 69.92 | -1.0% |
| 2007 | 67.18 | -3.9% |
| 2008 | 70.36 | +4.7% |
| 2009 | 81.8 | +16.3% |
| 2010 | 83.98 | +2.7% |
| 2011 | 84.29 | +0.4% |
| 2012 | 87.15 | +3.4% |
| 2013 | 87.61 | +0.5% |
| 2014 | 85.54 | -2.4% |
| 2015 | 92.03 | +7.6% |
| 2016 | 92.4 | +0.4% |
| 2017 | 90.94 | -1.6% |
| 2018 | 90.78 | -0.2% |
| 2019 | 90.21 | -0.6% |
| 2020 | 118.07 | +30.9% |
| 2021 | 112.62 | -4.6% |
| 2022 | 104.21 | -7.5% |
| 2023 | 107.71 | +3.4% |
| 2024 | 111.3 | +3.3% |
| 2025 | 113.94 | +2.4% |
| 2026 | 112.95 | -0.9% |
| 2027 | 111.8 | -1.0% |
| 2028 | 110.7 | -1.0% |
| 2029 | 109.73 | -0.9% |
| 2030 | 107.89 | -1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 93.33 | 81.66 | 100.24 | 9 |
| 2000s | 74.92 | 67.18 | 81.8 | 10 |
| 2010s | 88.49 | 83.98 | 92.4 | 10 |
| 2020s | 111.3 | 104.21 | 118.07 | 10 |
| 2030s | 107.89 | 107.89 | 107.89 | 1 |
Countries ranked near Canada
More external debt data for Canada
- Other investment, Debt instruments 1.30 trillion US dollar (2025)
- Other investment, Debt instruments (Assets, Positions, US dollar) 8.44 % change on previous year (2025)
- Other investment, Debt instruments, Deposit taking corporations 988.42 billion US dollar (2025)
- Other investment, Debt instruments (Assets, Positions, US dollar) 31,206 US dollar per person (2025)
- Other investment, Debt instruments (Assets, Positions, US dollar) 0.5603 US dollar per US$ of GDP (2025)
- Liabilities, International Liquidity, Liabilities to Nonresidents 0 (2008)
- Net lending (+) / net borrowing (-), General government, Percent of -1.46 (2030)
- Other investment, Debt instruments, Deposit taking corporations 7.87 % change on previous year (2025)
- Primary net lending (+) / net borrowing (-), General government -0.879 (2030)
- Other investment, Debt instruments, Deposit taking corporations 23,731 US dollar per person (2025)
Frequently asked questions
- What is gross debt, general government, percent of gdp in Canada?
- Gross debt, general government, percent of gdp in Canada was 107.89 in 2030, according to International Monetary Fund.
- What is the highest gross debt, general government, percent of gdp recorded in Canada?
- The highest recorded value was 118.07 in 2020.
- What is the lowest gross debt, general government, percent of gdp recorded in Canada?
- The lowest recorded value was 67.18 in 2007.
- How does Canada rank for gross debt, general government, percent of gdp?
- Canada ranks 16th out of 193 countries with data for 2030.
- Is gross debt, general government, percent of gdp rising or falling in Canada?
- Over the last ten years it is down 8.6%. The long-run trend across the full record is rising.
- Where does this Canada data come from?
- The figures come from International Monetary Fund, published as part of Gross debt, General government, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Fiscal Monitor (FM) 2025 October