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Canada: Central government deficit (% of GDP)

Percent of GDP · 1870–2025 · 106 observations · cgovdef_GDP

2025
−1.42%percent of GDP
Change on 2024
+1.1 pointsfrom −2.56%
Average, 2016–2025
−1.85%10 years
Record high and low
5.02% (1947)low −23.1% (1943)

Central government deficit (% of GDP)

Report error
-25%-20%-15%-10%-5%0%5%10%18801900192019401960198020002020CanadaCanada, 1870: 0.218%Canada, 1880: -0.49%Canada, 1890: -0.123%Canada, 1900: 0.291%Canada, 1910: -0.187%Canada, 1920: -1.66%Canada
Percent of GDP

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

Recent values

Percent of GDP

YearValue
2025-1.42
2024-2.56
2023-0.666
2022-0.285
2021-3.23
2020-9.99
2019-0.428
20180.302
2017-0.132
2016-0.124

Sources

  • Mitchell1870–1992
  • World Development Indicators1990–2024
  • IMF Government Finance Statistics1990–2025

Compare these sources →

Canada documentation (PDF)

More for Canada

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 76 series →

Central government deficit (% of GDP) elsewhere

United StatesJapanGermanyUnited KingdomFranceIndia

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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