Taxes less subsidies on products in Canada
Canada: Taxes less subsidies on products was 202.56 billion current LCU in 2025. ◆ Volatile
Latest (2025)
202.56 billion current LCU
Change on year
down 1.4%
World rank
76th
of 197 countries
All-time high
205.53 billion current LCU
in 2024
All-time low
7.22 billion current LCU
in 1970
Years of data
56
1970–2025
Taxes less subsidies on products in Canada, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Canada recorded 202.56 billion current LCU for taxes less subsidies on products in 2025.
That represents a change of down 1.4% on the previous year and up 51.6% over ten years.
Over the whole period, taxes less subsidies on products in Canada peaked at 205.53 billion current LCU in 2024 and was at its lowest, 7.22 billion current LCU, in 1970.
That places Canada 76th out of 197 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products in Canada, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 7.22 billion current LCU | — |
| 1971 | 7.92 billion current LCU | +9.8% |
| 1972 | 9.15 billion current LCU | +15.5% |
| 1973 | 10.51 billion current LCU | +14.9% |
| 1974 | 12.39 billion current LCU | +17.9% |
| 1975 | 10.56 billion current LCU | -14.8% |
| 1976 | 13.12 billion current LCU | +24.2% |
| 1977 | 14.29 billion current LCU | +9.0% |
| 1978 | 14.85 billion current LCU | +3.9% |
| 1979 | 15.58 billion current LCU | +4.9% |
| 1980 | 15.15 billion current LCU | -2.8% |
| 1981 | 22.77 billion current LCU | +50.3% |
| 1982 | 23.32 billion current LCU | +2.5% |
| 1983 | 23.25 billion current LCU | -0.3% |
| 1984 | 25.40 billion current LCU | +9.3% |
| 1985 | 28.62 billion current LCU | +12.7% |
| 1986 | 34.24 billion current LCU | +19.6% |
| 1987 | 38.64 billion current LCU | +12.8% |
| 1988 | 44.94 billion current LCU | +16.3% |
| 1989 | 51.09 billion current LCU | +13.7% |
| 1990 | 49.86 billion current LCU | -2.4% |
| 1991 | 51.31 billion current LCU | +2.9% |
| 1992 | 53.37 billion current LCU | +4.0% |
| 1993 | 55.38 billion current LCU | +3.8% |
| 1994 | 57.31 billion current LCU | +3.5% |
| 1995 | 60.35 billion current LCU | +5.3% |
| 1996 | 61.35 billion current LCU | +1.7% |
| 1997 | 66.39 billion current LCU | +8.2% |
| 1998 | 69.75 billion current LCU | +5.0% |
| 1999 | 74.19 billion current LCU | +6.4% |
| 2000 | 78.61 billion current LCU | +6.0% |
| 2001 | 78.89 billion current LCU | +0.4% |
| 2002 | 88.61 billion current LCU | +12.3% |
| 2003 | 89.29 billion current LCU | +0.8% |
| 2004 | 93.99 billion current LCU | +5.3% |
| 2005 | 97.71 billion current LCU | +4.0% |
| 2006 | 100.69 billion current LCU | +3.1% |
| 2007 | 104.61 billion current LCU | +3.9% |
| 2008 | 102.00 billion current LCU | -2.5% |
| 2009 | 102.22 billion current LCU | +0.2% |
| 2010 | 107.00 billion current LCU | +4.7% |
| 2011 | 111.71 billion current LCU | +4.4% |
| 2012 | 116.77 billion current LCU | +4.5% |
| 2013 | 120.32 billion current LCU | +3.0% |
| 2014 | 127.14 billion current LCU | +5.7% |
| 2015 | 133.63 billion current LCU | +5.1% |
| 2016 | 139.43 billion current LCU | +4.3% |
| 2017 | 149.11 billion current LCU | +6.9% |
| 2018 | 152.29 billion current LCU | +2.1% |
| 2019 | 151.64 billion current LCU | -0.4% |
| 2020 | 136.54 billion current LCU | -10.0% |
| 2021 | 169.44 billion current LCU | +24.1% |
| 2022 | 189.20 billion current LCU | +11.7% |
| 2023 | 198.57 billion current LCU | +5.0% |
| 2024 | 205.53 billion current LCU | +3.5% |
| 2025 | 202.56 billion current LCU | -1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.56 billion current LCU | 7.22 billion current LCU | 15.58 billion current LCU | 10 |
| 1980s | 30.74 billion current LCU | 15.15 billion current LCU | 51.09 billion current LCU | 10 |
| 1990s | 59.93 billion current LCU | 49.86 billion current LCU | 74.19 billion current LCU | 10 |
| 2000s | 93.66 billion current LCU | 78.61 billion current LCU | 104.61 billion current LCU | 10 |
| 2010s | 130.90 billion current LCU | 107.00 billion current LCU | 152.29 billion current LCU | 10 |
| 2020s | 183.64 billion current LCU | 136.54 billion current LCU | 205.53 billion current LCU | 6 |
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)
- Gross domestic savings (current US$), annual growth rate -0.7097 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.2231 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 12,427 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 1.37 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 0.312 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 17,375 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 5.25 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.01 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products in Canada?
- Taxes less subsidies on products in Canada was 202.56 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Canada?
- The highest recorded value was 205.53 billion current LCU in 2024.
- What is the lowest taxes less subsidies on products recorded in Canada?
- The lowest recorded value was 7.22 billion current LCU in 1970.
- How does Canada rank for taxes less subsidies on products?
- Canada ranks 76th out of 197 countries with data for 2025.
- Is taxes less subsidies on products rising or falling in Canada?
- Over the last ten years it is up 51.6%. The long-run trend across the full record is volatile.
- Where does this Canada data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.