Taxes less subsidies on products (current US$), per unit of GDP in Canada
Canada: Taxes less subsidies on products (current US$), per unit of GDP was 0.0625 current US$ per US$ of GDP in 2025. ▬ Flat
Taxes less subsidies on products (current US$), per unit of GDP in Canada, 1970–2025
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Canada recorded 0.0625 current US$ per US$ of GDP for taxes less subsidies on products (current us$), per unit of gdp in 2025.
Compared with earlier readings it is down 5.5% on the previous year and down 7.0% over ten years.
Over the whole period, taxes less subsidies on products (current us$), per unit of gdp in Canada peaked at 0.0814 current US$ per US$ of GDP in 1972 and was at its lowest, 0.0472 current US$ per US$ of GDP, in 1980.
That places Canada 131st out of 197 countries with data for 2025, putting it in the middle of the range.
Taxes less subsidies on products (current US$), per unit of GDP in Canada, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0783 current US$ per US$ of GDP | — |
| 1971 | 0.0787 current US$ per US$ of GDP | +0.6% |
| 1972 | 0.0814 current US$ per US$ of GDP | +3.4% |
| 1973 | 0.0797 current US$ per US$ of GDP | -2.1% |
| 1974 | 0.0787 current US$ per US$ of GDP | -1.3% |
| 1975 | 0.0595 current US$ per US$ of GDP | -24.4% |
| 1976 | 0.0642 current US$ per US$ of GDP | +7.8% |
| 1977 | 0.0633 current US$ per US$ of GDP | -1.4% |
| 1978 | 0.0594 current US$ per US$ of GDP | -6.2% |
| 1979 | 0.0546 current US$ per US$ of GDP | -8.1% |
| 1980 | 0.0472 current US$ per US$ of GDP | -13.6% |
| 1981 | 0.0618 current US$ per US$ of GDP | +31.1% |
| 1982 | 0.0601 current US$ per US$ of GDP | -2.8% |
| 1983 | 0.0552 current US$ per US$ of GDP | -8.2% |
| 1984 | 0.055 current US$ per US$ of GDP | -0.4% |
| 1985 | 0.0572 current US$ per US$ of GDP | +4.1% |
| 1986 | 0.065 current US$ per US$ of GDP | +13.6% |
| 1987 | 0.0673 current US$ per US$ of GDP | +3.5% |
| 1988 | 0.0717 current US$ per US$ of GDP | +6.5% |
| 1989 | 0.0761 current US$ per US$ of GDP | +6.1% |
| 1990 | 0.0717 current US$ per US$ of GDP | -5.8% |
| 1991 | 0.0731 current US$ per US$ of GDP | +2.0% |
| 1992 | 0.0743 current US$ per US$ of GDP | +1.6% |
| 1993 | 0.0741 current US$ per US$ of GDP | -0.2% |
| 1994 | 0.0724 current US$ per US$ of GDP | -2.4% |
| 1995 | 0.0726 current US$ per US$ of GDP | +0.3% |
| 1996 | 0.0714 current US$ per US$ of GDP | -1.7% |
| 1997 | 0.0732 current US$ per US$ of GDP | +2.6% |
| 1998 | 0.0742 current US$ per US$ of GDP | +1.3% |
| 1999 | 0.0736 current US$ per US$ of GDP | -0.7% |
| 2000 | 0.0711 current US$ per US$ of GDP | -3.4% |
| 2001 | 0.0689 current US$ per US$ of GDP | -3.0% |
| 2002 | 0.0742 current US$ per US$ of GDP | +7.7% |
| 2003 | 0.0712 current US$ per US$ of GDP | -4.1% |
| 2004 | 0.0704 current US$ per US$ of GDP | -1.1% |
| 2005 | 0.0687 current US$ per US$ of GDP | -2.3% |
| 2006 | 0.0673 current US$ per US$ of GDP | -2.1% |
| 2007 | 0.0663 current US$ per US$ of GDP | -1.5% |
| 2008 | 0.0616 current US$ per US$ of GDP | -7.2% |
| 2009 | 0.065 current US$ per US$ of GDP | +5.7% |
| 2010 | 0.0642 current US$ per US$ of GDP | -1.3% |
| 2011 | 0.063 current US$ per US$ of GDP | -2.0% |
| 2012 | 0.0639 current US$ per US$ of GDP | +1.5% |
| 2013 | 0.0633 current US$ per US$ of GDP | -1.0% |
| 2014 | 0.0637 current US$ per US$ of GDP | +0.8% |
| 2015 | 0.0671 current US$ per US$ of GDP | +5.3% |
| 2016 | 0.0688 current US$ per US$ of GDP | +2.5% |
| 2017 | 0.0697 current US$ per US$ of GDP | +1.2% |
| 2018 | 0.0681 current US$ per US$ of GDP | -2.2% |
| 2019 | 0.0655 current US$ per US$ of GDP | -3.8% |
| 2020 | 0.0615 current US$ per US$ of GDP | -6.2% |
| 2021 | 0.0668 current US$ per US$ of GDP | +8.7% |
| 2022 | 0.0661 current US$ per US$ of GDP | -1.1% |
| 2023 | 0.067 current US$ per US$ of GDP | +1.4% |
| 2024 | 0.0661 current US$ per US$ of GDP | -1.3% |
| 2025 | 0.0625 current US$ per US$ of GDP | -5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0698 current US$ per US$ of GDP | 0.0546 current US$ per US$ of GDP | 0.0814 current US$ per US$ of GDP | 10 |
| 1980s | 0.0616 current US$ per US$ of GDP | 0.0472 current US$ per US$ of GDP | 0.0761 current US$ per US$ of GDP | 10 |
| 1990s | 0.073 current US$ per US$ of GDP | 0.0714 current US$ per US$ of GDP | 0.0743 current US$ per US$ of GDP | 10 |
| 2000s | 0.0685 current US$ per US$ of GDP | 0.0616 current US$ per US$ of GDP | 0.0742 current US$ per US$ of GDP | 10 |
| 2010s | 0.0657 current US$ per US$ of GDP | 0.063 current US$ per US$ of GDP | 0.0697 current US$ per US$ of GDP | 10 |
| 2020s | 0.065 current US$ per US$ of GDP | 0.0615 current US$ per US$ of GDP | 0.067 current US$ per US$ of GDP | 6 |
Countries ranked near Canada
- 128 Bolivia, Plurinational State of 0.0655 current US$ per US$ of GDP compare
- 129 Guatemala 0.0654 current US$ per US$ of GDP compare
- 130 Australia 0.064 current US$ per US$ of GDP compare
- 132 Kazakhstan 0.0621 current US$ per US$ of GDP compare
- 133 Afghanistan 0.0603 current US$ per US$ of GDP compare
- 134 Pakistan 0.0599 current US$ 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)
- 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 taxes less subsidies on products (current us$), per unit of gdp in Canada?
- Taxes less subsidies on products (current us$), per unit of gdp in Canada was 0.0625 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), per unit of gdp recorded in Canada?
- The highest recorded value was 0.0814 current US$ per US$ of GDP in 1972.
- What is the lowest taxes less subsidies on products (current us$), per unit of gdp recorded in Canada?
- The lowest recorded value was 0.0472 current US$ per US$ of GDP in 1980.
- How does Canada rank for taxes less subsidies on products (current us$), per unit of gdp?
- Canada ranks 131st out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current us$), per unit of gdp rising or falling in Canada?
- Over the last ten years it is down 7.0%. The long-run trend across the full record is flat.
- Where does this Canada data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current US$) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.