Canada vs Malawi: Central government debt, total

Canada
64.1%
in 2024
Malawi
61.8%
in 2023
Canada rank
29th
Malawi rank
31st

Central government debt, total over time

  • Canada
  • Malawi
20406080199020072024

How they compare

Canada currently reports 64.1% against 61.8% in Malawi, a difference of 2.3%.

The two have swapped places 1 time across 13 shared years of data; in 2009 it was Canada ahead.

Canada ranks 29th and Malawi ranks 31st of 83 countries.

Canada has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Canada Malawi Difference Ahead
2000s 53.2% 20.1% 33.1% Canada
2010s 54.1% 30.5% 23.5% Canada
2020s 59.9% 58.7% 1.2% Canada

Averages of every year both report within each decade.

Frequently asked questions

Which has higher central government debt, total, Canada or Malawi?
Canada, at 64.1% against 61.8% in Malawi as of 2024.
What is the difference in central government debt, total between Canada and Malawi?
2.3%, with Canada ahead.
How many years of comparable data are there for Canada and Malawi?
13 years are reported by both, from 2009 to 2023.
How do Canada and Malawi rank globally for central government debt, total?
Canada ranks 29th and Malawi ranks 31st of 83 countries.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Central government debt, total (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Canada vs Malawi: Central government debt, total. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 10 September 2026, from https://economy.statizoid.com/compare/central-government-debt-total-percent-of-gdp/canada/malawi/

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About this data

Indicator
Central government debt, total (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
90 places, 1,726 data points, 1970–2024
Last refreshed

Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Central government is the part of general government that includes all administrative departments of the national executive, legislative, and judicial functions, other central agencies and those non-market producers controlled by the central government, whose competence extends normally over the whole economic territory. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.