Cash surplus/deficit as a proportion of GDP in Canada
Canada: Cash surplus/deficit as a proportion of GDP was -19.3% in 2023. ▼ Falling
Cash surplus/deficit as a proportion of GDP in Canada, 2000–2023
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Canada recorded -19.3% for cash surplus/deficit as a proportion of gdp in 2023.
That represents a change of down 5.5% on the previous year and down 12.7% over ten years.
Over the whole period, cash surplus/deficit as a proportion of gdp in Canada peaked at -16.4% in 2014 and was at its lowest, -28.6%, in 2020.
Canada ranks 48th of 162 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 24 years of available data.
Cash surplus/deficit as a proportion of GDP in Canada, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -18.8% | — |
| 2001 | -18.7% | -0.3% |
| 2002 | -18.0% | -4.0% |
| 2003 | -18.0% | +0.4% |
| 2004 | -17.3% | -4.3% |
| 2005 | -17.8% | +3.2% |
| 2006 | -17.0% | -4.5% |
| 2007 | -17.0% | -0.4% |
| 2008 | -17.1% | +0.7% |
| 2009 | -18.9% | +10.4% |
| 2010 | -19.1% | +1.2% |
| 2011 | -17.9% | -6.5% |
| 2012 | -17.5% | -1.9% |
| 2013 | -17.1% | -2.5% |
| 2014 | -16.4% | -4.0% |
| 2015 | -17.1% | +4.0% |
| 2016 | -17.5% | +2.6% |
| 2017 | -17.6% | +0.6% |
| 2018 | -17.5% | -0.4% |
| 2019 | -18.1% | +3.2% |
| 2020 | -28.6% | +57.8% |
| 2021 | -22.5% | -21.3% |
| 2022 | -18.3% | -18.9% |
| 2023 | -19.3% | +5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -17.9% | -18.9% | -17.0% | 10 |
| 2010s | -17.6% | -19.1% | -16.4% | 10 |
| 2020s | -22.1% | -28.6% | -18.3% | 4 |
Countries ranked near Canada
More economy & growth data for Canada
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.8812 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.66 Percent per annum (2029)
- Exports of goods and services (current LCU), annual growth rate 0.6876 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 0.4381 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 24,399 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate -1.68 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.2418 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 13,468 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 2.16 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.229 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is cash surplus/deficit as a proportion of gdp in Canada?
- Cash surplus/deficit as a proportion of gdp in Canada was -19.3% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest cash surplus/deficit as a proportion of gdp recorded in Canada?
- The highest recorded value was -16.4% in 2014.
- What is the lowest cash surplus/deficit as a proportion of gdp recorded in Canada?
- The lowest recorded value was -28.6% in 2020.
- How does Canada rank for cash surplus/deficit as a proportion of gdp?
- Canada ranks 48th out of 162 countries with data for 2023.
- Is cash surplus/deficit as a proportion of gdp rising or falling in Canada?
- Over the last ten years it is down 12.7%. The long-run trend across the full record is falling.
- Where does this Canada data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Cash surplus/deficit as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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