Canada Total Debt: % of GDP
1990 - 2025 | Quarterly | % | CEIC Data
Key information about Canada Total Debt: % of GDP
- Canada Total Debt accounted for 944.6 % of the country's GDP in 2025, compared with the ratio of 943.7 % in the previous quarter.
- Canada Total Debt: % of GDP data is updated quarterly, available from Mar 1990 to Dec 2025.
- The data reached an all-time high of 1,080.4 % in Dec 2020 and a record low of 477.0 % in Mar 1990.
CEIC calculates quarterly Total Debt as % of Nominal GDP from quarterly Total Debt and quarterly Nominal GDP. Total Debt is calculated as the Total Liabilities less Equity & Investment Fund Shares and Financial Derivatives. Statistics Canada provides Total Debt in local currency and Nominal GDP in local currency.
View Canada's Total Debt: % of GDP from Mar 1990 to Dec 2025 in the chart:
What was Canada's Total Debt: % of GDP in Dec 2025?
Canada Total Debt accounted for 944.6 % of the country's GDP in 2025, compared with the ratio of 943.7 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 944.6 Dec 2025 | 943.7 Sep 2025 | 477.0 Mar 1990 | 1,080.4 Dec 2020 | % | quarterly | Mar 1990 - Dec 2025 |
Total Debt: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Australia (%) | 267.4 Mar 2026 | quarterly | Jun 1988 - Mar 2026 |
| Austria (%) | 513.8 Mar 2026 | quarterly | Mar 1999 - Mar 2026 |
| Belgium (%) | 696.1 Mar 2026 | quarterly | Dec 1998 - Mar 2026 |
| Bulgaria (%) | 348.2 2024 | yearly | 1995 - 2024 |
| Canada (%) | 944.6 Dec 2025 | quarterly | Mar 1990 - Dec 2025 |
| Croatia (%) | 411.3 Mar 2026 | quarterly | Dec 1995 - Mar 2026 |
| Cyprus (%) | 1,096.1 2025 | yearly | 1995 - 2025 |
| Czech Republic (%) | 388.0 Mar 2026 | quarterly | Mar 2004 - Mar 2026 |
| Denmark (%) | 830.8 2024 | yearly | 1994 - 2024 |
| Estonia (%) | 380.3 Mar 2026 | quarterly | Dec 2003 - Mar 2026 |
| European Union (%) | 680.8 2025 | yearly | 2001 - 2025 |
| Finland (%) | 600.6 2025 | yearly | 1995 - 2025 |
| France (%) | 944.5 Mar 2026 | quarterly | Mar 1996 - Mar 2026 |
| Germany (%) | 581.5 Mar 2026 | quarterly | Mar 1999 - Mar 2026 |
| Greece (%) | 515.8 Mar 2026 | quarterly | Dec 1997 - Mar 2026 |
| Hungary (%) | 392.1 Mar 2026 | quarterly | Dec 1995 - Mar 2026 |
| Iceland (%) | 679.7 2024 | yearly | 2003 - 2024 |
| Ireland (%) | 929.3 Mar 2026 | quarterly | Mar 2002 - Mar 2026 |
| Italy (%) | 550.5 Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| Japan (%) | 1,156.9 Mar 2026 | quarterly | Jun 1998 - Mar 2026 |
| South Korea (%) | 705.8 Mar 2026 | quarterly | Dec 2008 - Mar 2026 |
| Latvia (%) | 339.8 Dec 2025 | quarterly | Mar 2004 - Dec 2025 |
| Lithuania (%) | 326.8 Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| Luxembourg (%) | 7,036.9 Mar 2026 | quarterly | Dec 1995 - Mar 2026 |
| North Macedonia (%) | 342.8 2025 | yearly | 2013 - 2025 |
| Malta (%) | 1,298.4 Mar 2026 | quarterly | Mar 2004 - Mar 2026 |
| Mexico (%) | 113.8 Mar 2026 | quarterly | Dec 2000 - Mar 2026 |
| Netherlands (%) | 958.3 Mar 2026 | quarterly | Mar 1999 - Mar 2026 |
| New Zealand (%) | 586.2 2023 | yearly | 2006 - 2023 |
| Norway (%) | 593.4 Mar 2026 | quarterly | Dec 1995 - Mar 2026 |
| Poland (%) | 298.0 Dec 2025 | quarterly | Mar 2004 - Dec 2025 |
| Portugal (%) | 450.3 Mar 2026 | quarterly | Dec 1995 - Mar 2026 |
| Romania (%) | 244.9 Mar 2026 | quarterly | Dec 1995 - Mar 2026 |
| Slovakia (%) | 363.2 Dec 2025 | quarterly | Dec 2012 - Dec 2025 |
| Slovenia (%) | 318.1 Mar 2026 | quarterly | Mar 2004 - Mar 2026 |
| Spain (%) | 551.3 Mar 2026 | quarterly | Dec 1995 - Mar 2026 |
| Sweden (%) | 753.4 Mar 2026 | quarterly | Mar 1996 - Mar 2026 |
| Switzerland (%) | 901.1 2025 | yearly | 1999 - 2025 |
| Taiwan, China (%) | 880.3 2024 | yearly | 2000 - 2024 |
| Turkey (%) | 245.6 Dec 2025 | quarterly | Dec 2014 - Dec 2025 |
| Ukraine (%) | 235.5 2021 | yearly | 2009 - 2021 |
| United Kingdom (%) | 823.8 Mar 2026 | quarterly | Mar 1987 - Mar 2026 |
| United States (%) | 721.7 Mar 2026 | quarterly | Dec 1951 - Mar 2026 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.7 Mar 2026 | quarterly | Jun 1993 - Mar 2026 |
| Consolidated Fiscal Balance (USD mn) | -228.184 May 2026 | monthly | May 1992 - May 2026 |
| Tax Revenue (USD mn) | 27,238.338 Mar 2026 | monthly | Jan 1996 - Mar 2026 |
| Tax Revenue: % of GDP (%) | 14.0 Mar 2026 | quarterly | Mar 1996 - Mar 2026 |
| National Government Debt (USD mn) | 1,517,724.5 2025 | yearly | 1962 - 2025 |
| Government Debt: % of GDP (%) | 69.2 2025 | yearly | 1962 - 2025 |
| Forecast: Government Expenditure (CAD bn) | 1,789.926 2031 | yearly | 1980 - 2031 |
| Forecast: Government Net Debt (CAD bn) | 3,127.329 2028 | yearly | 1980 - 2028 |
| Forecast: Government Revenue (CAD bn) | 1,726.867 2031 | yearly | 1980 - 2031 |
| Federal Government Debt: % of GDP: Accumulated Deficit (%) | 40.700 2026 | yearly | 1967 - 2026 |
| FIN Forecast: Federal Debt (CAD mn) | 1,629,400.000 2031 | yearly | 1997 - 2031 |
| Net Financing Activities (CAD mn) | 3,223.000 Mar 2026 | monthly | Jan 1996 - Mar 2026 |
| Budgetary Revenue (CAD mn) | 46,771.000 Mar 2026 | monthly | May 1992 - Mar 2026 |
| Budgetary Expense (CAD mn) | -76,498.000 Mar 2026 | monthly | May 1992 - Mar 2026 |
| Budgetary Revenue: TR: Excise Taxes & Duties (CAD mn) | 6,111.000 Mar 2026 | monthly | Jan 1996 - Mar 2026 |
| Budgetary Balance: Deficit or Surplus (CAD mn) | -29,727.000 Mar 2026 | monthly | May 1992 - Mar 2026 |
| Budgetary Revenue: Tax Revenues (TR) (CAD mn) | 37,371.000 Mar 2026 | monthly | Jan 1996 - Mar 2026 |
| FIN Forecast: Budgetary Revenue (CAD mn) | 613,700.000 2031 | yearly | 1996 - 2031 |
| FIN Forecast: Budgetary Expense (CAD mn) | 678,100.000 2031 | yearly | 1996 - 2031 |
| FIN Forecast: Budgetary Balance (CAD mn) | -53,200.000 2031 | yearly | 1996 - 2031 |
| FIN Forecast: Budgetary Revenue: Tax: Excise Taxes & Duties (ET) (CAD mn) | 82,900.000 2031 | yearly | 2000 - 2031 |
| CA: Gross Public Debt: USD: General Government (USD mn) | 2,908,830.439 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 3.736 2031 | yearly | 1980 - 2031 |
| Trade Balance (USD mn) | 2,747.3 Jun 2026 | monthly | Jan 1988 - Jun 2026 |
| Total Exports (USD mn) | 56,207.0 May 2026 | monthly | Jan 1988 - May 2026 |
| Total Exports Growth (%) | 24.7 Apr 2026 | monthly | Jan 1989 - Apr 2026 |
| Aluminum: Exports (USD th) | 9,833,093.660 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 8,528,073.407 2025 | yearly | 1995 - 2025 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 1,180,673.080 2025 | yearly | 1995 - 2025 |
| Total Imports (USD mn) | 51,745.0 Mar 2026 | monthly | Jan 1988 - Mar 2026 |
| Total Imports Growth (%) | 9.4 Jun 2026 | monthly | Jan 1989 - Jun 2026 |
| Imports: Medicament (USD th) | 11,692,517.751 2025 | yearly | 1995 - 2025 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 8,249,321.342 2025 | yearly | 1995 - 2025 |
| Total Exports to USA (USD mn) | 38,398.888 Jun 2026 | monthly | Jan 1988 - Jun 2026 |
| Total Imports from USA (USD mn) | 30,689.655 May 2026 | monthly | Jan 1997 - May 2026 |
| Total Exports to China (USD mn) | 2,706.997 Jun 2026 | monthly | Jan 1997 - Jun 2026 |
| Total Imports from China (USD mn) | 3,868.676 Jun 2026 | monthly | Jan 1997 - Jun 2026 |
| Coal Exports (kton) | 2,723.000 Apr 2026 | monthly | Jan 1977 - Apr 2026 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Light Emitting Diodes ... (CAD th) | 9,592.253 May 2026 | monthly | Jan 2022 - May 2026 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Photovoltaic Cells ass... (CAD th) | 8,149.594 Apr 2026 | monthly | Jan 2022 - Apr 2026 |
| Import Value (Val): HS: Iron and Steel (IS) (CAD th) | 897,258.265 Jun 2026 | monthly | Jan 1988 - Jun 2026 |
| Import Value Index (2015=100) | 133.500 2024 | yearly | 2005 - 2024 |
| Export Value Index (2015=100) | 138.700 2024 | yearly | 2005 - 2024 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.7 Mar 2026 | quarterly | Mar 2005 - Mar 2026 |
| Household Debt: % of GDP (%) | 99.1 Mar 2026 | quarterly | Mar 1969 - Mar 2026 |
| Money Supply M1 (USD mn) | 1,296,365.351 May 2026 | monthly | Mar 1975 - May 2026 |
| Money Supply M2 (USD mn) | 2,055,089.959 May 2026 | monthly | Jan 1968 - May 2026 |
| M2 Growth (%) | 4.3 May 2026 | monthly | Jan 1969 - May 2026 |
| Foreign Exchange Reserves (USD mn) | 96,543.0 Jun 2026 | monthly | Jun 1999 - Jun 2026 |
| Foreign Exchange Reserves: % of GDP (%) | 4.237 Dec 2025 | quarterly | Jun 1999 - Dec 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.8 May 2026 | monthly | Jun 1999 - May 2026 |
| Gold Reserves (USD mn) | 0.000 Jun 2026 | monthly | Dec 1956 - Jun 2026 |
| Total Deposits (USD mn) | 4,877,458.062 May 2026 | monthly | Jan 2009 - May 2026 |
| Total Deposits Growth (%) | 6.1 May 2026 | monthly | Jan 2010 - May 2026 |
| Domestic Credit (USD mn) | 4,995,348.2 May 2026 | monthly | Jan 1969 - May 2026 |
| Domestic Credit Growth (%) | 4.1 May 2026 | monthly | Jan 1970 - May 2026 |
| Debt Service Ratio: Households (%) | 13.900 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 25.400 Dec 2025 | quarterly | Mar 1999 - Dec 2025 |
| Credit to Households (USD bn) | 2,381.994 Dec 2025 | quarterly | Mar 1969 - Dec 2025 |
| Credit to Private Non-Financial Sector (USD bn) | 5,185.467 Dec 2025 | quarterly | Mar 1954 - Dec 2025 |
| Household Debt (USD mn) | 2,370,206.0 May 2026 | monthly | Jan 1969 - May 2026 |
| Total Loans (USD mn) | 3,468,050.841 Apr 2026 | monthly | Jan 1969 - Apr 2026 |
| Total Loans Growth (%) | 4.17 Apr 2026 | monthly | Jan 1970 - Apr 2026 |
| Private Debt: % of Nominal GDP (%) | 209.41 Mar 2026 | quarterly | Mar 1969 - Mar 2026 |
| Money Supply: M1+: Gross: sa (CAD mn) | 1,786,910.000 May 2026 | monthly | Mar 1975 - May 2026 |
| Money Supply: M3: Gross (CAD mn) | 4,059,687.000 May 2026 | monthly | Jan 1970 - May 2026 |
| Money Supply: M2+: M2: Gross: sa (CAD mn) | 2,832,736.000 May 2026 | monthly | Jan 1968 - May 2026 |
| Money Supply: M1+: Gross (CAD mn) | 1,784,175.000 May 2026 | monthly | Mar 1975 - May 2026 |
| Money Supply: M2+: M2: Gross (CAD mn) | 2,828,665.000 May 2026 | monthly | Jan 1968 - May 2026 |
| Money Supply: M3: Gross: sa (CAD mn) | 4,066,015.000 May 2026 | monthly | Jan 1970 - May 2026 |
| Official International Reserves (USD mn) | 126,434.000 Jun 2026 | monthly | Dec 1994 - Jun 2026 |
| Official International Reserves: Gold (USD mn) | 0.000 Jun 2026 | monthly | Dec 1994 - Jun 2026 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 18.6 May 2026 | monthly | Dec 2001 - May 2026 |
| Business Outlook Survey (BOS) Indicator (%) | -0.390 Jun 2026 | quarterly | Sep 2003 - Jun 2026 |
| Purchasing Manager Index: Seasonally Adjusted (NA) | 58.200 May 2026 | monthly | Dec 2000 - May 2026 |
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