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Canada Highest Government Debt to GDP

Name: Canada Government Debt to GDP
Creator: IMF WEO
License: https://creativecommons.org/licenses/by/4.0/

118.07% in 2020

General government gross debt as % of GDP · IMF WEO

The highest government debt to gdp in Canada was 118.07% in 2020. The top 5 years were: 2020 (118.07%), 2025 (113.94%), 2021 (112.62%), 2024 (111.30%), 2023 (107.71%).

Top 5 Highest Years▾

Canada Top 5 Highest Government Debt to GDP Years
Rank	Year	Value
1st	2020	118.07%
2nd	2025	113.94%
3rd	2021	112.62%
4th	2024	111.30%
5th	2023	107.71%

All Data (sorted by value)▾

Year	Value	Change	Rank
2020	118.07%	+27.86%	171st
2025	113.94%	+2.64%	11th
2021	112.62%	−5.45%	172nd
2024	111.30%	+3.59%	176th
2023	107.71%	+3.50%	170th
2022	104.21%	−8.41%	168th
1996	100.24%	+0.16%	88th
1995	100.08%	+2.60%	77th
1994	97.48%	+2.75%	60th
1997	95.27%	−4.97%	102nd
1993	94.73%	+6.50%	55th
2016	92.40%	+0.37%	169th
1998	93.29%	−1.98%	108th
2015	92.03%	+6.49%	169th
2019	90.21%	−0.57%	165th
2018	90.78%	−0.17%	171st
2017	90.94%	−1.46%	168th
1999	88.97%	−4.32%	111th
2013	87.61%	+0.45%	168th
1992	88.23%	+6.57%	50th
2012	87.15%	+2.87%	170th
2014	85.54%	−2.06%	166th
2011	84.29%	+0.31%	169th
2010	83.98%	+2.17%	170th
2009	81.80%	+11.45%	164th
2001	81.46%	+1.03%	128th
1991	81.66%	+7.91%	44th
2002	79.60%	−1.86%	126th
2000	80.44%	−8.53%	123rd
2003	75.91%	−3.69%	131st
1990	73.74%	+2.76%	31st
2004	71.89%	−4.02%	133rd
2008	70.36%	+3.17%	163rd
2005	70.64%	−1.25%	138th
1989	70.99%	+1.24%	15th
2006	69.92%	−0.72%	152nd
1988	69.75%	−0.02%	13th
1987	69.76%	+0.44%	9th
1986	69.32%	+4.16%	10th
2007	67.18%	−2.74%	155th
1985	65.17%	+4.95%	9th
1984	60.21%	+3.00%	8th
1983	57.21%	+5.50%	8th
1982	51.71%	+5.63%	8th
1981	46.08%	+1.49%	7th
1980	44.59%	–	7th

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Government Debt to GDP (all years) Lowest ever Average Government Debt to GDP 1990s Government Debt to GDP 2000s Government Debt to GDP 2010s Government Debt to GDP 2020s Tax Revenue Government Spending Military Spending Health Spending Budget Deficit vs Finland vs United Kingdom vs Hong Kong SAR, China vs Greenland Global Ranking