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Canada: Central government debt (% of GDP)

Percent of GDP · 1867–2024 · 158 observations · cgovdebt_GDP

2024
52.0%percent of GDP
Change on 2023
+1.0 pointsfrom 51.0%
Average, 2015–2024
47.4%10 years
Record high and low
145.9% (1945)low 12.7% (1916)

Central government debt (% of GDP)

Report error
0%20%40%60%80%100%120%140%160%18801900192019401960198020002020CanadaCanada
Percent of GDP

Compare with other countries →Definition of Central government debt (% of GDP)

Recent values

Percent of GDP

YearValue
202452.0
202351.0
202248.7
202155.9
202060.6
201939.1
201839.6
201741.3
201642.9
201543.2

Sources

  • Reinhart & Rogoff1867–2010
  • Statistics Canada1926–1975
  • WDI (archive)1970–1989
  • IMF Global Debt Database1990–2024
  • World Development Indicators1990–2024

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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