Canada

Gross government debt

Gross government debt measures public liabilities relative to economic output. It is a starting point for fiscal-capacity analysis, not a full debt-sustainability model.

Central Government Debt (% of GDP) - Canada

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The reading right now

As of January 2024, Gross government debt for Canada stood at 64.9%. That is up 3.8 percentage points from the prior year. Over the trailing five years, the series has averaged 63.7%, ranging from a low of 53.4% in January 2019 to a high of 74.6% in January 2020. The current reading sits 5.5 percentage points above its trailing ten-year mean of 59.4%.

Computed from the observation series on this page. Numbers update when the underlying provider revises the data.