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Canada - Budget Deficit 1984

General government net lending/borrowing as % of GDP · IMF WEO
-7.94% +0.06% from 1983 Global rank: 5th

Canada's budget deficit was -7.94% in 1984, increased +0.06% from -8.00% in 1983. This was the 5th highest globally.

Global Ranking - 1984▾
Budget Deficit by Country - 1984
RankCountryValueYoY
1st Equatorial Guinea -114.38% 26.0%
2nd Bolivia, Plurinational State of -25.40% -28.3%
3rd Mozambique -13.40% 15.1%
4th Belgium -11.21% 25.4%
5th Canada -7.94% 0.7%
6th Greece -7.19% -16.5%
7th Solomon Islands -6.87% -720.5%
8th Netherlands -6.26% -11.5%
9th Madagascar -6.09% -0.9%
10th Seychelles -6.09% -94.3%
11th Comoros -5.70% -
12th Spain -5.39% -14.3%
13th St. Kitts and Nevis -4.78% -19.5%
14th Bangladesh -4.63% 19.8%
15th Denmark -4.41% 32.2%
16th Colombia -3.87% -1.9%
17th Mongolia -3.47% -9.5%
18th United Kingdom -3.16% -10.1%
19th France -2.78% -7.0%
20th Sweden -2.67% 43.9%
21st Japan -2.62% 33.5%
22nd Kenya -2.55% -17.8%
23rd Papua New Guinea -1.10% 63.7%
24th Ghana -0.98% 13.9%
25th Paraguay -0.42% -256.5%
26th Switzerland -0.23% 59.5%
27th China 0.07% 800.0%
28th Hong Kong SAR, China 0.90% 180.7%
29th Eswatini 1.25% 307.0%
30th Bhutan 2.09% 315.4%
31st Iceland 2.25% 214.5%
32nd St. Vincent and the Grenadines 2.50% 230.2%
33rd Finland 2.67% 643.2%
34th Lesotho 4.82% 160.5%
35th Norway 6.67% 16.4%
Source: IMF WEO (GGXCNL_NGDP)

FAQ

What was Canada's budget deficit in 1984?▾

Canada's budget deficit in 1984 was -7.94%. This ranked 5th globally.

How did Canada's budget deficit change in 1984?▾

Canada's budget deficit increased by 0.7% in 1984 compared to 1983.

Which country had the highest budget deficit in 1984?▾

Norway had the highest budget deficit in 1984 at 6.67%.

What is the budget deficit of Canada in 1984?▾

The budget deficit of Canada in 1984 was -7.94%. This ranked 5th globally.

How does 1984 compare to 1983 for Canada's budget deficit?▾

Canada's budget deficit went from -8.00% in 1983 to -7.94% in 1984, a 0.7% increase.

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