Taxes less subsidies on products (current LCU), per unit of GDP in Canada
Canada: Taxes less subsidies on products (current LCU), per unit of GDP was 0.0873 current LCU per US$ of GDP in 2025. ▲ Rising
Taxes less subsidies on products (current LCU), per unit of GDP in Canada, 1970–2025
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Canada recorded 0.0873 current LCU per US$ of GDP for taxes less subsidies on products (current lcu), per unit of gdp in 2025.
The figure is down 3.6% on the previous year and up 1.7% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), per unit of gdp in Canada peaked at 0.1165 current LCU per US$ of GDP in 2002 and was at its lowest, 0.0551 current LCU per US$ of GDP, in 1980.
Canada ranks 164th of 197 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 56 years of available data.
Taxes less subsidies on products (current LCU), per unit of GDP in Canada, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0818 current LCU per US$ of GDP | — |
| 1971 | 0.0795 current LCU per US$ of GDP | -2.8% |
| 1972 | 0.0806 current LCU per US$ of GDP | +1.4% |
| 1973 | 0.0797 current LCU per US$ of GDP | -1.1% |
| 1974 | 0.077 current LCU per US$ of GDP | -3.5% |
| 1975 | 0.0605 current LCU per US$ of GDP | -21.4% |
| 1976 | 0.0633 current LCU per US$ of GDP | +4.5% |
| 1977 | 0.0673 current LCU per US$ of GDP | +6.4% |
| 1978 | 0.0677 current LCU per US$ of GDP | +0.6% |
| 1979 | 0.0639 current LCU per US$ of GDP | -5.6% |
| 1980 | 0.0551 current LCU per US$ of GDP | -13.7% |
| 1981 | 0.0741 current LCU per US$ of GDP | +34.4% |
| 1982 | 0.0741 current LCU per US$ of GDP | +0.0% |
| 1983 | 0.068 current LCU per US$ of GDP | -8.3% |
| 1984 | 0.0712 current LCU per US$ of GDP | +4.7% |
| 1985 | 0.0782 current LCU per US$ of GDP | +9.8% |
| 1986 | 0.0903 current LCU per US$ of GDP | +15.6% |
| 1987 | 0.0892 current LCU per US$ of GDP | -1.3% |
| 1988 | 0.0882 current LCU per US$ of GDP | -1.1% |
| 1989 | 0.0901 current LCU per US$ of GDP | +2.1% |
| 1990 | 0.0836 current LCU per US$ of GDP | -7.1% |
| 1991 | 0.0838 current LCU per US$ of GDP | +0.2% |
| 1992 | 0.0898 current LCU per US$ of GDP | +7.2% |
| 1993 | 0.0956 current LCU per US$ of GDP | +6.5% |
| 1994 | 0.0988 current LCU per US$ of GDP | +3.3% |
| 1995 | 0.0996 current LCU per US$ of GDP | +0.8% |
| 1996 | 0.0973 current LCU per US$ of GDP | -2.3% |
| 1997 | 0.1014 current LCU per US$ of GDP | +4.2% |
| 1998 | 0.11 current LCU per US$ of GDP | +8.5% |
| 1999 | 0.1094 current LCU per US$ of GDP | -0.6% |
| 2000 | 0.1056 current LCU per US$ of GDP | -3.5% |
| 2001 | 0.1068 current LCU per US$ of GDP | +1.1% |
| 2002 | 0.1165 current LCU per US$ of GDP | +9.1% |
| 2003 | 0.0997 current LCU per US$ of GDP | -14.4% |
| 2004 | 0.0915 current LCU per US$ of GDP | -8.2% |
| 2005 | 0.0833 current LCU per US$ of GDP | -9.0% |
| 2006 | 0.0763 current LCU per US$ of GDP | -8.4% |
| 2007 | 0.0712 current LCU per US$ of GDP | -6.7% |
| 2008 | 0.0657 current LCU per US$ of GDP | -7.8% |
| 2009 | 0.0744 current LCU per US$ of GDP | +13.2% |
| 2010 | 0.0662 current LCU per US$ of GDP | -11.0% |
| 2011 | 0.0623 current LCU per US$ of GDP | -5.8% |
| 2012 | 0.0639 current LCU per US$ of GDP | +2.5% |
| 2013 | 0.0652 current LCU per US$ of GDP | +2.0% |
| 2014 | 0.0704 current LCU per US$ of GDP | +8.1% |
| 2015 | 0.0859 current LCU per US$ of GDP | +21.9% |
| 2016 | 0.0912 current LCU per US$ of GDP | +6.3% |
| 2017 | 0.0904 current LCU per US$ of GDP | -0.9% |
| 2018 | 0.0883 current LCU per US$ of GDP | -2.4% |
| 2019 | 0.087 current LCU per US$ of GDP | -1.5% |
| 2020 | 0.0825 current LCU per US$ of GDP | -5.2% |
| 2021 | 0.0838 current LCU per US$ of GDP | +1.6% |
| 2022 | 0.086 current LCU per US$ of GDP | +2.6% |
| 2023 | 0.0904 current LCU per US$ of GDP | +5.1% |
| 2024 | 0.0905 current LCU per US$ of GDP | +0.2% |
| 2025 | 0.0873 current LCU per US$ of GDP | -3.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0721 current LCU per US$ of GDP | 0.0605 current LCU per US$ of GDP | 0.0818 current LCU per US$ of GDP | 10 |
| 1980s | 0.0779 current LCU per US$ of GDP | 0.0551 current LCU per US$ of GDP | 0.0903 current LCU per US$ of GDP | 10 |
| 1990s | 0.0969 current LCU per US$ of GDP | 0.0836 current LCU per US$ of GDP | 0.11 current LCU per US$ of GDP | 10 |
| 2000s | 0.0891 current LCU per US$ of GDP | 0.0657 current LCU per US$ of GDP | 0.1165 current LCU per US$ of GDP | 10 |
| 2010s | 0.0771 current LCU per US$ of GDP | 0.0623 current LCU per US$ of GDP | 0.0912 current LCU per US$ of GDP | 10 |
| 2020s | 0.0867 current LCU per US$ of GDP | 0.0825 current LCU per US$ of GDP | 0.0905 current LCU per US$ of GDP | 6 |
Countries ranked near Canada
- 161 Slovakia 0.0929 current LCU per US$ of GDP compare
- 162 Netherlands 0.0905 current LCU per US$ of GDP compare
- 163 Micronesia, Federated States of 0.0886 current LCU per US$ of GDP compare
- 165 Germany 0.0842 current LCU per US$ of GDP compare
- 166 Luxembourg 0.0836 current LCU per US$ of GDP compare
- 167 Belgium 0.0835 current LCU per US$ of GDP compare
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)
- Households and NPISHs Final consumption expenditure (current LCU) 4.69 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 0.7799 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 43,439 current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.32 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.4843 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 26,972 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 3.06 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.7769 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), per unit of gdp in Canada?
- Taxes less subsidies on products (current lcu), per unit of gdp in Canada was 0.0873 current LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), per unit of gdp recorded in Canada?
- The highest recorded value was 0.1165 current LCU per US$ of GDP in 2002.
- What is the lowest taxes less subsidies on products (current lcu), per unit of gdp recorded in Canada?
- The lowest recorded value was 0.0551 current LCU per US$ of GDP in 1980.
- How does Canada rank for taxes less subsidies on products (current lcu), per unit of gdp?
- Canada ranks 164th out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current lcu), per unit of gdp rising or falling in Canada?
- Over the last ten years it is up 1.7%. The long-run trend across the full record is rising.
- Where does this Canada data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current LCU) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.