Canada - Government Debt to GDP 2021
112.62%
−5.45% from 2020
Canada's government debt to gdp was 112.62% in 2021, decreased +5.45% from 118.07% in 2020. This was the 172nd highest globally.
Global Ranking - 2021▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Liechtenstein | 0.45% | -14.2% |
| 2nd | Hong Kong SAR, China | 1.94% | 94.4% |
| 3rd | Brunei Darussalam | 2.51% | -12.0% |
| 4th | Timor-Leste | 6.53% | -35.3% |
| 5th | Kuwait | 7.20% | -29.6% |
| 6th | Afghanistan | 11.15% | 52.1% |
| 7th | Tuvalu | 11.30% | -6.6% |
| 8th | Turkmenistan | 12.29% | -20.0% |
| 9th | Solomon Islands | 15.94% | 24.1% |
| 10th | Russian Federation | 16.52% | -13.7% |
| 11th | Micronesia, Federated States of | 16.96% | -21.1% |
| 12th | Kiribati | 17.35% | -17.3% |
| 13th | Estonia | 18.42% | -3.5% |
| 14th | Marshall Islands | 20.06% | -7.4% |
| 15th | Nauru | 20.52% | -63.5% |
| 16th | Botswana | 22.28% | -5.2% |
| 17th | Bulgaria | 23.84% | 4.9% |
| 18th | Luxembourg | 24.19% | -1.4% |
| 19th | Kazakhstan | 25.10% | -4.8% |
| 20th | Congo, Democratic Republic of | 25.26% | 6.6% |
| 21st | Saudi Arabia | 25.46% | -14.2% |
| 22nd | Cambodia | 25.94% | 2.8% |
| 23rd | Comoros | 26.28% | 8.1% |
| 24th | Azerbaijan | 26.35% | 23.5% |
| 25th | Nigeria | 26.62% | 3.5% |
| 26th | Haiti | 28.86% | 29.3% |
| 27th | Guatemala | 30.59% | -2.9% |
| 28th | Uzbekistan | 31.73% | -5.8% |
| 29th | Moldova | 33.64% | -8.2% |
| 30th | Peru | 35.54% | 3.7% |
| 31st | Bangladesh | 35.61% | 3.2% |
| 32nd | United Arab Emirates | 35.67% | 18.4% |
| 33rd | Bosnia and Herzegovina | 35.75% | -4.0% |
| 34th | Chile | 36.45% | 12.6% |
| 35th | Sweden | 37.01% | -8.0% |
| 36th | Eswatini | 37.48% | -0.9% |
| 37th | Paraguay | 37.50% | 1.6% |
| 38th | Viet Nam | 39.24% | -5.0% |
| 39th | Türkiye | 39.42% | 1.8% |
| 40th | Zimbabwe | 39.89% | -29.8% |
| 41st | Iran, Islamic Republic of | 39.91% | -15.3% |
| 42nd | Djibouti | 40.28% | -4.2% |
| 43rd | Guinea | 40.57% | -10.4% |
| 44th | Czechia | 40.69% | 10.3% |
| 45th | Denmark | 40.71% | -12.0% |
| 46th | Switzerland | 40.98% | -5.1% |
| 47th | Indonesia | 41.14% | 3.5% |
| 48th | Belarus | 41.18% | -13.3% |
| 49th | Chad | 41.56% | -0.4% |
| 50th | Norway | 41.57% | -9.7% |
| 51st | Tajikistan | 42.01% | -17.5% |
| 52nd | Equatorial Guinea | 42.29% | -14.4% |
| 53rd | Tonga | 43.04% | 1.2% |
| 54th | Nepal | 43.29% | -0.1% |
| 55th | Lithuania | 43.30% | -5.6% |
| 56th | Tanzania | 43.39% | 5.1% |
| 57th | Samoa | 45.45% | 5.2% |
| 58th | Guyana | 45.71% | -23.2% |
| 59th | Latvia | 45.87% | 4.2% |
| 60th | Central African Republic | 46.94% | 9.8% |
| 61st | Sierra Leone | 47.06% | 1.5% |
| 62nd | Cameroon | 47.15% | 5.1% |
| 63rd | New Zealand | 47.52% | 9.9% |
| 64th | Korea | 47.99% | 4.5% |
| 65th | Nicaragua | 48.43% | -1.5% |
| 66th | Vanuatu | 48.53% | 1.1% |
| 67th | Andorra | 48.61% | 4.9% |
| 68th | Puerto Rico (US) | 48.87% | -2.7% |
| 69th | Ukraine | 48.92% | -19.2% |
| 70th | Georgia | 49.09% | -17.6% |
| 71st | Madagascar | 49.44% | -6.5% |
| 72nd | Malta | 49.56% | 2.0% |
| 73rd | Côte d'Ivoire | 50.17% | 8.3% |
| 74th | West Bank and Gaza | 50.18% | 6.6% |
| 75th | South Sudan | 50.18% | 2.5% |
| 76th | Honduras | 50.26% | -4.2% |
| 77th | Benin | 50.29% | 9.0% |
| 78th | Uganda | 50.35% | 8.6% |
| 79th | Netherlands | 50.50% | -5.5% |
| 80th | Niger | 51.34% | 14.2% |
| 81st | Romania | 51.53% | 4.6% |
| 82nd | Mali | 51.56% | 8.9% |
| 83rd | Papua New Guinea | 52.58% | 8.0% |
| 84th | Ireland | 52.65% | -7.8% |
| 85th | North Macedonia | 52.75% | 3.7% |
| 86th | Poland | 53.01% | -6.3% |
| 87th | Liberia | 53.28% | -9.2% |
| 88th | Serbia | 53.64% | -1.3% |
| 89th | Panama | 54.41% | -11.6% |
| 90th | Mauritania | 54.45% | -3.6% |
| 91st | Iraq | 54.72% | -24.5% |
| 92nd | Algeria | 55.15% | 20.0% |
| 93rd | Burkina Faso | 55.48% | 27.1% |
| 94th | Australia | 55.52% | -2.7% |
| 95th | Kyrgyz Republic | 56.20% | -11.7% |
| 96th | Mexico | 56.70% | -3.0% |
| 97th | Philippines | 57.01% | 10.4% |
| 98th | Lesotho | 57.96% | 6.0% |
| 99th | Thailand | 58.35% | 18.1% |
| 100th | Qatar | 58.40% | -19.6% |
| 101st | Slovak Republic | 60.18% | 3.0% |
| 102nd | Trinidad and Tobago | 60.51% | -0.1% |
| 103rd | Ecuador | 61.76% | -2.8% |
| 104th | Oman | 61.87% | -8.9% |
| 105th | Dominican Republic | 62.82% | -12.5% |
| 106th | Myanmar | 63.42% | 29.1% |
| 107th | Armenia | 63.65% | -5.4% |
| 108th | Uruguay | 64.08% | -6.1% |
| 109th | Colombia | 64.42% | -1.3% |
| 110th | Togo | 64.86% | 4.3% |
| 111th | Burundi | 66.47% | 0.9% |
| 112th | Malawi | 66.55% | 23.6% |
| 113th | Rwanda | 67.25% | -2.1% |
| 114th | Mongolia | 67.36% | -19.2% |
| 115th | Costa Rica | 67.63% | 1.1% |
| 116th | Israel | 67.69% | -4.8% |
| 117th | Germany | 67.99% | -0.1% |
| 118th | Kenya | 68.23% | 0.4% |
| 119th | South Africa | 68.82% | -0.2% |
| 120th | St. Kitts and Nevis | 69.10% | 1.7% |
| 121st | Malaysia | 69.16% | 2.2% |
| 122nd | Morocco | 69.35% | -4.0% |
| 123rd | Namibia | 69.60% | 8.3% |
| 124th | Palau | 69.95% | 34.3% |
| 125th | China | 70.15% | 1.6% |
| 126th | Seychelles | 70.96% | -8.3% |
| 127th | Gabon | 72.95% | -12.2% |
| 128th | Finland | 73.20% | -2.8% |
| 129th | Iceland | 73.59% | -3.3% |
| 130th | Angola | 74.29% | -37.6% |
| 131st | Pakistan | 74.75% | -7.5% |
| 132nd | Albania | 74.80% | -0.8% |
| 133rd | Slovenia | 74.82% | -6.7% |
| 134th | Yemen, Republic of | 75.91% | -12.7% |
| 135th | Hungary | 76.22% | -3.1% |
| 136th | San Marino | 77.19% | 10.6% |
| 137th | Croatia | 78.20% | -9.6% |
| 138th | Guinea-Bissau | 78.80% | 1.6% |
| 139th | Tunisia | 79.73% | 2.6% |
| 140th | Argentina | 81.04% | -21.9% |
| 141st | Bolivia, Plurinational State of | 81.41% | 4.4% |
| 142nd | St. Lucia | 81.90% | -13.3% |
| 143rd | Belize | 82.21% | -20.2% |
| 144th | Austria | 82.40% | -0.9% |
| 145th | Gambia, The | 83.11% | -3.2% |
| 146th | India | 83.47% | -5.6% |
| 147th | São Tomé and Principe | 85.06% | -6.5% |
| 148th | Mauritius | 86.13% | -6.3% |
| 149th | Montenegro | 86.18% | -20.5% |
| 150th | Jamaica | 86.28% | -14.8% |
| 151st | Grenada | 86.60% | -3.2% |
| 152nd | Fiji | 86.66% | 31.7% |
| 153rd | Ghana | 86.88% | 9.8% |
| 154th | Jordan | 87.62% | -16.1% |
| 155th | El Salvador | 87.96% | -7.8% |
| 156th | St. Vincent and the Grenadines | 88.36% | 10.2% |
| 157th | Brazil | 88.93% | -7.4% |
| 158th | Egypt, Arab Republic of | 89.90% | 4.3% |
| 159th | Bahamas, The | 90.66% | 26.1% |
| 160th | Lao PDR | 92.86% | 22.2% |
| 161st | Antigua and Barbuda | 92.95% | -7.5% |
| 162nd | Cyprus | 96.48% | -15.1% |
| 163rd | Congo, Republic of | 97.76% | -4.6% |
| 164th | Senegal | 98.56% | 9.2% |
| 165th | Sri Lanka | 102.67% | 6.0% |
| 166th | Mozambique | 104.34% | -13.0% |
| 167th | United Kingdom | 105.13% | -0.7% |
| 168th | Dominica | 108.50% | -3.5% |
| 169th | Belgium | 108.54% | -2.4% |
| 170th | Aruba | 110.66% | -5.4% |
| 171st | Zambia | 111.05% | -20.7% |
| 172nd | Canada | 112.62% | -4.6% |
| 173rd | France | 112.79% | -1.8% |
| 174th | Spain | 115.59% | -3.0% |
| 175th | Suriname | 115.82% | -20.9% |
| 176th | Barbados | 121.59% | -12.0% |
| 177th | Bahrain | 122.30% | -2.7% |
| 178th | Maldives | 123.42% | -20.7% |
| 179th | Portugal | 123.88% | -7.6% |
| 180th | Bhutan | 124.47% | 7.3% |
| 181st | United States | 125.01% | -5.7% |
| 182nd | Singapore | 141.73% | -4.4% |
| 183rd | Italy | 145.81% | -5.5% |
| 184th | Cabo Verde | 149.52% | 3.6% |
| 185th | Sudan | 189.64% | -31.9% |
| 186th | Greece | 197.81% | -5.8% |
| 187th | Japan | 253.65% | -1.8% |
| 188th | Lebanon | 358.19% | 140.9% |
FAQ
What was Canada's government debt to gdp in 2021?▾
Canada's government debt to gdp in 2021 was 112.62%. This ranked 172nd globally.
How did Canada's government debt to gdp change in 2021?▾
Canada's government debt to gdp decreased by 4.6% in 2021 compared to 2020.
Which country had the highest government debt to gdp in 2021?▾
Lebanon had the highest government debt to gdp in 2021 at 358.19%.
What is the government debt to gdp of Canada in 2021?▾
The government debt to gdp of Canada in 2021 was 112.62%. This ranked 172nd globally.
How does 2021 compare to 2020 for Canada's government debt to gdp?▾
Canada's government debt to gdp went from 118.07% in 2020 to 112.62% in 2021, a 4.6% decrease.
Related
2020
2022
All years
Full ranking 2021
Tax Revenue
Government Spending
Military Spending
Health Spending
Budget Deficit
Peak: 2020
Lowest: 1980
Government Debt to GDP 1990s
Government Debt to GDP 2000s
Government Debt to GDP 2010s
Government Debt to GDP 2020s
Highest ever
Lowest ever
Average
vs Finland
vs United Kingdom
vs Hong Kong SAR, China
vs Greenland
G20 Government Debt to GDP
G7 Government Debt to GDP
NATO Government Debt to GDP
OECD Government Debt to GDP
Global Ranking