Economy
Source: IMF — International Reserves and Foreign Currency Liquidity (IRFCL), International Liquidity (IL), Monetary and Financial Statistics (MFS), World Economic Outlook (WEO). · updated 2025-12-31
Canada's government debt stands at 113.58% as of 2025-12-31, up from 110.02% in 2024. Historical data runs from 1996 to 2025 (30 observations).
In 2025, Canada's government debt was 113.58%, up from 110.02% in 2024.
In 2024, Canada's government debt was 110.02%, up from 105.07% in 2023.
In 2023, Canada's government debt was 105.07%, up from 103.54% in 2022.
In 2022, Canada's government debt was 103.54%, down from 112.61% in 2021.
In 2021, Canada's government debt was 112.61%, down from 118.06% in 2020.
| Year | Value | Change |
|---|---|---|
| 2025 | 113.58% | +3.56% |
| 2024 | 110.02% | +4.95% |
| 2023 | 105.07% | +1.53% |
| 2022 | 103.54% | -9.07% |
| 2021 | 112.61% | -5.46% |
| 2020 | 118.06% | +27.95% |
| 2019 | 90.11% | -0.6458% |
| 2018 | 90.76% | -0.2328% |
| 2017 | 90.99% | -1.49% |
| 2016 | 92.48% | +0.1958% |
| 2015 | 92.28% | +6.53% |
| 2014 | 85.76% | -1.95% |
| 2013 | 87.7% | +0.688% |
| 2012 | 87.01% | +2.73% |
| 2011 | 84.28% | +0.3095% |
| 2010 | 83.97% | +2.17% |
| 2009 | 81.8% | +11.45% |
| 2008 | 70.36% | +3.17% |
| 2007 | 67.18% | -2.74% |
| 2006 | 69.92% | -0.7206% |
| 2005 | 70.64% | -1.25% |
| 2004 | 71.89% | -4.02% |
| 2003 | 75.91% | -3.69% |
| 2002 | 79.6% | -1.86% |
| 2001 | 81.46% | +1.03% |
| 2000 | 80.44% | -8.53% |
| 1999 | 88.97% | -4.32% |
| 1998 | 93.29% | -1.98% |
| 1997 | 95.27% | -4.97% |
| 1996 | 100.24% | — |
Source: IMF — International Reserves and Foreign Currency Liquidity (IRFCL), International Liquidity (IL), Monetary and Financial Statistics (MFS), World Economic Outlook (WEO). · Download this series as CSV — free, attribution required (CC BY 4.0).
Canada's government debt is 113.58% as of 2025-12-31, compared with 110.02% in 2024. Source: IMF — International Reserves and Foreign Currency Liquidity (IRFCL), International Liquidity (IL), Monetary and Financial Statistics (MFS), World Economic Outlook (WEO).
The highest recorded value is 118.06% (2020); the lowest is 67.18% (2007), across data from 1996 to 2025.
Source: IMF — International Reserves and Foreign Currency Liquidity (IRFCL), International Liquidity (IL), Monetary and Financial Statistics (MFS), World Economic Outlook (WEO). Figures are republished with attribution and updated as the source releases new observations.