Home Canada Budget Deficit 1981

Canada - Budget Deficit 1981

General government net lending/borrowing as % of GDP · IMF WEO
-2.89% +1.15% from 1980 Global rank: 18th

Canada's budget deficit was -2.89% in 1981, increased +1.15% from -4.04% in 1980. This was the 18th highest globally.

Global Ranking - 1981
Budget Deficit by Country - 1981
RankCountryValueYoY
1st Equatorial Guinea -174.92% 14.3%
2nd Belgium -16.03% -64.6%
3rd Madagascar -9.97% 9.5%
4th Bolivia, Plurinational State of -9.65% -
5th Mozambique -7.41% -402.6%
6th Greece -7.08% -182.9%
7th Denmark -6.79% -84.4%
8th Bangladesh -5.19% 12.7%
9th Netherlands -5.17% -23.4%
10th St. Kitts and Nevis -4.44% 31.3%
11th Sweden -4.32% 19.3%
12th Eswatini -4.29% -165.5%
13th Japan -3.85% 12.8%
14th Ghana -3.80% 19.6%
15th United Kingdom -3.77% -32.9%
16th Bhutan -3.52% -
17th Mongolia -3.09% -
18th Canada -2.89% 28.5%
19th St. Vincent and the Grenadines -2.68% 25.8%
20th Spain -2.39% -18.1%
21st France -1.24% -263.7%
22nd Solomon Islands -1.06% -131.0%
23rd Paraguay 0.15% -95.6%
24th Iceland 1.32% -3.5%
25th Hong Kong SAR, China 2.80% -
26th Norway 4.56% -11.3%
27th Finland 4.78% 65.9%

FAQ

What was Canada's budget deficit in 1981?

Canada's budget deficit in 1981 was -2.89%. This ranked 18th globally.

How did Canada's budget deficit change in 1981?

Canada's budget deficit increased by 28.5% in 1981 compared to 1980.

Which country had the highest budget deficit in 1981?

Finland had the highest budget deficit in 1981 at 4.78%.

What is the budget deficit of Canada in 1981?

The budget deficit of Canada in 1981 was -2.89%. This ranked 18th globally.

How does 1981 compare to 1980 for Canada's budget deficit?

Canada's budget deficit went from -4.04% in 1980 to -2.89% in 1981, a 28.5% increase.