Net debt, General government, Percent of GDP in Canada
Canada: Net debt, General government, Percent of GDP was 15.87 in 2030. ◆ Volatile
Latest (2030)
15.87
Change on year
up 0.7%
World rank
79th
of 90 countries
All-time high
66.68
in 1995
All-time low
8.69
in 2019
Years of data
40
1991–2030
Net debt, General government, Percent of GDP in Canada, 1991–2030
Source: International Monetary Fund.
Analysis
The most recent figure for net debt, general government, percent of gdp in Canada is 15.87, measured in 2030.
Compared with earlier readings it is up 0.7% on the previous year and down 2.5% over ten years.
Over the whole period, net debt, general government, percent of gdp in Canada peaked at 66.68 in 1995 and was at its lowest, 8.69, in 2019.
That places Canada 79th out of 90 countries with data for 2030, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net debt, General government, Percent of GDP in Canada, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 50.3 | — |
| 1992 | 56.72 | +12.8% |
| 1993 | 62.1 | +9.5% |
| 1994 | 66.16 | +6.5% |
| 1995 | 66.68 | +0.8% |
| 1996 | 65.88 | -1.2% |
| 1997 | 61.52 | -6.6% |
| 1998 | 57.46 | -6.6% |
| 1999 | 50.51 | -12.1% |
| 2000 | 42.01 | -16.8% |
| 2001 | 40.29 | -4.1% |
| 2002 | 38.94 | -3.3% |
| 2003 | 35.43 | -9.0% |
| 2004 | 34.62 | -2.3% |
| 2005 | 29.31 | -15.3% |
| 2006 | 24.98 | -14.8% |
| 2007 | 22.11 | -11.5% |
| 2008 | 22.73 | +2.8% |
| 2009 | 26.75 | +17.7% |
| 2010 | 28.23 | +5.5% |
| 2011 | 28.85 | +2.2% |
| 2012 | 28.54 | -1.1% |
| 2013 | 26.68 | -6.5% |
| 2014 | 21.69 | -18.7% |
| 2015 | 18.54 | -14.6% |
| 2016 | 18.01 | -2.8% |
| 2017 | 12.68 | -29.6% |
| 2018 | 11.73 | -7.5% |
| 2019 | 8.69 | -26.0% |
| 2020 | 16.28 | +87.4% |
| 2021 | 14.17 | -13.0% |
| 2022 | 13.62 | -3.9% |
| 2023 | 14.44 | +6.0% |
| 2024 | 12.49 | -13.5% |
| 2025 | 13.28 | +6.3% |
| 2026 | 14.09 | +6.1% |
| 2027 | 14.75 | +4.7% |
| 2028 | 15.46 | +4.8% |
| 2029 | 15.76 | +2.0% |
| 2030 | 15.87 | +0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 59.7 | 50.3 | 66.68 | 9 |
| 2000s | 31.72 | 22.11 | 42.01 | 10 |
| 2010s | 20.36 | 8.69 | 28.85 | 10 |
| 2020s | 14.43 | 12.49 | 16.28 | 10 |
| 2030s | 15.87 | 15.87 | 15.87 | 1 |
Countries ranked near Canada
- 76 Syrian Arab Republic 18.81 compare
- 77 Trinidad and Tobago 17.65 compare
- 78 Djibouti 17.31 compare
- 80 Sweden 15.01 compare
- 81 Republic of Korea 12.88 compare
- 82 Switzerland 12.28 compare
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)
- Primary net lending (+) / net borrowing (-), General government -0.879 (2030)
- Other investment, Debt instruments, Other sectors 302.49 billion US dollar (2025)
- Gross debt, General government, Percent of fiscal year GDP 91.5 (2015)
Frequently asked questions
- What is net debt, general government, percent of gdp in Canada?
- Net debt, general government, percent of gdp in Canada was 15.87 in 2030, according to International Monetary Fund.
- What is the highest net debt, general government, percent of gdp recorded in Canada?
- The highest recorded value was 66.68 in 1995.
- What is the lowest net debt, general government, percent of gdp recorded in Canada?
- The lowest recorded value was 8.69 in 2019.
- How does Canada rank for net debt, general government, percent of gdp?
- Canada ranks 79th out of 90 countries with data for 2030.
- Is net debt, general government, percent of gdp rising or falling in Canada?
- Over the last ten years it is down 2.5%. The long-run trend across the full record is volatile.
- Where does this Canada data come from?
- The figures come from International Monetary Fund, published as part of Net 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