Commercial users: see the World Economic Database from our partners at Anansi Data Analytics

Canada: Government deficit

Millions of local currency · 1870–2025 · 156 observations · forecasts to 2031 · govdef

2025
−57.3 billionlocal currency

Government deficit

Report error
-250B-200B-150B-100B-50B050B1875190019251950197520002025CanadaCanada
ForecastLocal currency

Compare with other countries →Definition of Government deficit

Recent values

Millions of local currency

YearValue
2031-61,449Forecast
2030-67,331Forecast
2029-74,479Forecast
2028-79,958Forecast
2027-76,626Forecast
2026-81,740Forecast
2025-57,263
2024-65,919
2023-4,808
202217,672
2021-77,523
2020-243,127
2019-400.0
20188,046
2017-2,401
2016-9,182

Sources

This series is derived from other GMD variables.

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 →

GMD release 2026_09 · License & terms