Expense in Canada
Canada: Expense was 19.1% in 2023. ▼ Falling
Expense in Canada, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for expense in Canada is 19.1%, measured in 2023.
That represents a change of up 4.9% on the previous year and up 11.5% over ten years.
Over the whole period, expense in Canada peaked at 28.6% in 2020 and was at its lowest, 16.4%, in 2014.
That places Canada 115th out of 157 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 34 years of available data.
Expense in Canada, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 24.1% | — |
| 1991 | 25.4% | +5.3% |
| 1992 | 25.5% | +0.7% |
| 1993 | 25.1% | -1.6% |
| 1994 | 23.7% | -5.5% |
| 1995 | 23.4% | -1.3% |
| 1996 | 22.3% | -4.6% |
| 1997 | 20.4% | -8.8% |
| 1998 | 20.2% | -1.0% |
| 1999 | 19.8% | -2.1% |
| 2000 | 18.8% | -5.0% |
| 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 | 18.2% | -19.2% |
| 2023 | 19.1% | +4.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 23.0% | 19.8% | 25.5% | 10 |
| 2000s | 17.9% | 17.0% | 18.9% | 10 |
| 2010s | 17.6% | 16.4% | 19.1% | 10 |
| 2020s | 22.1% | 18.2% | 28.6% | 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)
- GNI (current LCU), annual growth rate 6.12 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 1.4 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 77,957 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 12.7 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual 10.87 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate -3.47 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0625 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 3,478 current US$ per person (2025)
Frequently asked questions
- What is expense in Canada?
- Expense in Canada was 19.1% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Canada?
- The highest recorded value was 28.6% in 2020.
- What is the lowest expense recorded in Canada?
- The lowest recorded value was 16.4% in 2014.
- How does Canada rank for expense?
- Canada ranks 115th out of 157 countries with data for 2023.
- Is expense rising or falling in Canada?
- Over the last ten years it is up 11.5%. The long-run trend across the full record is falling.
- Where does this Canada data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. 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.