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Canada Government Revenue

General government revenue as % of GDP  GGR_NGDP

Canada's government revenue was 42.45% in 2025, ranked 35th globally. This represents a 0.6% decrease from 2024. Data from IMF WEO, covering 1980–2025.

42.45% −0.25% (-0.6%)
Year 2025 Rank #35 Global Peak 43.55% (1998) Source IMF WEO

Canada Government Revenue (1980–2025)

Overview

Canada's government revenue stood at 42.45% in 2025, a decline of +0.25% from 2024. The IMF projects 42.45% by 2025. Canada ranked 35th globally.

Canada's government revenue as a percentage of GDP has experienced a moderate trajectory over the past four decades, with the country averaging a ranking of approximately 35 globally. At its peak in 1998, Canada's government revenue reached 43.55% of GDP, but it has since declined to 42.45% in 2025. Although this decline has been gradual, Canada's government revenue has maintained a relatively stable position compared to its peer countries, such as Belarus, which currently ranks 9th globally with a revenue of 42.79% of GDP. The all-time low of 36.90% in 1980 set a baseline for the country's subsequent revenue growth, which was interrupted by the 1998 peak. Given the relatively stable global economic environment, Canada's government revenue is likely to continue along its current trajectory, with any significant deviations dependent on changes in taxation policies or shifts in the country's economic landscape.

Data & projection

Year Government Revenue YoY change Rank
2030* IMF 41.72% - -
2029* IMF 41.73% - -
2028* IMF 41.85% - -
2027* IMF 41.93% - -
2026* IMF 42.10% - -
2025* IMF 42.45% - -
2025 42.45% −0.25% #35
2024 42.70% +0.53% #33
2023 42.17% +0.98% #34
2022 41.19% −1.23% #36
2021 42.41% +1.00% #31
2020 41.41% +0.84% #31
2019 40.57% −0.45% #37
2018 41.02% +0.68% #33
2017 40.34% +0.04% #32
2016 40.30% +0.34% #31
2015 39.96% +1.41% #36
2014 38.55% +0.08% #41
2013 38.47% +0.06% #46
2012 38.40% +0.13% #46
2011 38.27% −0.06% #45
Show all years (1980-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +17.2% GDP growth 2.0% C/A balance 0.8%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Canada matched the Export Boom Cycle pattern in 2007. Historically, 71% of countries showing this pattern (546 out of 768) saw government revenue improve within 24 months. View full analysis →

The headline regarding how BC Conservatives learned to love deficits and the NDP's cautious approach is relevant, as provincial fiscal policies can influence economic activity and the tax base within Canada, indirectly affecting federal

Frequently Asked Questions

What is Canada's government revenue?▾

Canada's government revenue was 42.45% in 2025. Ranked 35th globally. This represents a 0.6% decrease from the previous year.

What was the highest government revenue in Canada?▾

Canada's government revenue peaked at 43.55% in 1998.

What was the lowest government revenue in Canada?▾

The lowest government revenue in Canada was 36.90% in 1980.

How does Canada rank in government revenue?▾

Canada ranks 35th globally in government revenue as of 2025.

What is the World Bank indicator code for government revenue?▾

The World Bank indicator code is GGR_NGDP. Data sourced from IMF WEO.

What is the projected government revenue of Canada in 2025?▾

Canada's government revenue is projected to reach 42.45% by 2025 based on IMF projection.

What is the government revenue of Canada in 2025?▾

The government revenue of Canada in 2025 was 42.45%. This ranks 35th in the world.

Cite this page

APA
Canada Government Revenue. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/canada/government-revenue/
BibTeX
@misc{historysaid_canada_government-revenue, title = {Canada Government Revenue}, url = {https://historysaid.com/canada/government-revenue/}, publisher = {HistorySaid}, year = {2026} }

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