Gross public sector debt, Central Government, as a proportion of GDP in Canada
Canada: Gross public sector debt, Central Government, as a proportion of GDP was 47.4% in 2024. ▲ Rising
Gross public sector debt, Central Government, as a proportion of GDP in Canada, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for gross public sector debt, central government, as a proportion of gdp in Canada is 47.4%, measured in 2024.
Compared with earlier readings it is up 3.0% on the previous year and up 40.8% over ten years.
Over the whole period, gross public sector debt, central government, as a proportion of gdp in Canada peaked at 51.0% in 2020 and was at its lowest, 24.4%, in 2007.
That places Canada 29th out of 53 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Gross public sector debt, Central Government, as a proportion of GDP in Canada, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 40.8% | — |
| 2001 | 39.1% | -4.3% |
| 2002 | 37.5% | -3.9% |
| 2003 | 35.3% | -6.0% |
| 2004 | 31.5% | -10.8% |
| 2005 | 29.2% | -7.2% |
| 2006 | 27.1% | -7.5% |
| 2007 | 24.4% | -9.7% |
| 2008 | 28.4% | +16.4% |
| 2009 | 36.2% | +27.5% |
| 2010 | 36.6% | +1.0% |
| 2011 | 36.4% | -0.6% |
| 2012 | 37.0% | +1.8% |
| 2013 | 36.4% | -1.5% |
| 2014 | 33.7% | -7.6% |
| 2015 | 35.1% | +4.3% |
| 2016 | 35.6% | +1.5% |
| 2017 | 34.7% | -2.7% |
| 2018 | 33.4% | -3.7% |
| 2019 | 33.0% | -1.4% |
| 2020 | 51.0% | +54.8% |
| 2021 | 50.0% | -1.9% |
| 2022 | 45.5% | -9.0% |
| 2023 | 46.1% | +1.2% |
| 2024 | 47.4% | +3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 33.0% | 24.4% | 40.8% | 10 |
| 2010s | 35.2% | 33.0% | 37.0% | 10 |
| 2020s | 48.0% | 45.5% | 51.0% | 5 |
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)
- Total reserves minus gold (current US$), annual growth rate 4.88 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.0542 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 3,016 current US$ per person (2025)
- General government final consumption expenditure (current US$) 4.43 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.219 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 12,201 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 6.62 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.3063 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross public sector debt, central government, as a proportion of gdp in Canada?
- Gross public sector debt, central government, as a proportion of gdp in Canada was 47.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest gross public sector debt, central government, as a proportion of gdp recorded in Canada?
- The highest recorded value was 51.0% in 2020.
- What is the lowest gross public sector debt, central government, as a proportion of gdp recorded in Canada?
- The lowest recorded value was 24.4% in 2007.
- How does Canada rank for gross public sector debt, central government, as a proportion of gdp?
- Canada ranks 29th out of 53 countries with data for 2024.
- Is gross public sector debt, central government, as a proportion of gdp rising or falling in Canada?
- Over the last ten years it is up 40.8%. The long-run trend across the full record is rising.
- Where does this Canada data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Gross public sector debt, Central Government, as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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