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Canada · Government debt

Canada Government debt

The World Bank — World Development Indicators (CC BY 4.0) · updated 2024-12-31

Latest · 202464.13%
Previous · 202360.46%
Highest · 199678.04%
Lowest · 200739.16%

Canada's government debt stands at 64.13% as of 2024-12-31, up from 60.46% in 2023. Historical data runs from 1990 to 2024 (35 observations).

Recent trend

In 2024, Canada's government debt was 64.13%, up from 60.46% in 2023.

In 2023, Canada's government debt was 60.46%, up from 59.43% in 2022.

In 2022, Canada's government debt was 59.43%, down from 68.76% in 2021.

In 2021, Canada's government debt was 68.76%, down from 74.55% in 2020.

In 2020, Canada's government debt was 74.55%, up from 53.36% in 2019.

Canada Government debt — historical data

YearValueChange
202464.13%+3.68%
202360.46%+1.03%
202259.43%-9.33%
202168.76%-5.79%
202074.55%+21.2%
201953.36%+0.2103%
201853.14%-1.31%
201754.46%-1.57%
201656.02%+0.0379%
201555.98%+4.51%
201451.47%-1.77%
201353.24%-2.47%
201255.71%+1.6%
201154.12%+0.9696%
201053.15%-0.0428%
200953.19%+7.87%
200845.32%+6.16%
200739.16%-4.13%
200643.29%-2.77%
200546.06%-0.7397%
200446.8%-4.47%
200351.27%-2.88%
200254.15%-3.31%
200157.46%-1.28%
200058.74%-7.51%
199966.25%-6.24%
199872.48%-2.45%
199774.93%-3.11%
199678.04%+0.726%
199577.31%+1.37%
199475.94%+0.7561%
199375.19%+4.49%
199270.7%+3.26%
199167.44%+5.68%
199061.76%

The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).

More Canada data

Frequently asked questions

What is Canada's government debt?

Canada's government debt is 64.13% as of 2024-12-31, compared with 60.46% in 2023. The World Bank — World Development Indicators (CC BY 4.0)

What was the highest government debt in Canada?

The highest recorded value is 78.04% (1996); the lowest is 39.16% (2007), across data from 1990 to 2024.

Where does this data come from?

The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.