Canada Central Government Debt (% of GDP) (2024)
Canada's Central Government Debt (% of GDP): 64.9 % of GDP in 2024, +3.8pp YoY. World Bank (GC.DOD.TOTL.GD.ZS), 1990–2024.
Canada (2024)
64.9
% of GDP
+3.8pp YoY
YoY Change
+3.8pp
percentage points
Trend
up
Series length
35
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 64.9 | +3.8pp |
| 2023 | 61.1 | +1.4pp |
| 2022 | 59.7 | -9.1pp |
| 2021 | 68.8 | -5.8pp |
| 2020 | 74.6 | +21.2pp |
| 2019 | 53.4 | +0.2pp |
| 2018 | 53.2 | -1.3pp |
| 2017 | 54.5 | -1.6pp |
| 2016 | 56 | +0pp |
| 2015 | 56 | +4.5pp |
| 2014 | 51.5 | -1.7pp |
| 2013 | 53.2 | -2.5pp |
| 2012 | 55.7 | +1.6pp |
| 2011 | 54.1 | +1pp |
| 2010 | 53.2 | -0pp |
| 2009 | 53.2 | +7.9pp |
| 2008 | 45.3 | +6.2pp |
| 2007 | 39.2 | -4.1pp |
| 2006 | 43.3 | -2.8pp |
| 2005 | 46.1 | n/a |
About this Dataset
Canada recorded 64.9 % of GDP in 2024. The most recent year-on-year change was +3.8pp. The historical series (1990–2024) shows a peak of 78.0 in 1996 and a trough of 39.2 in 2007.
Data sourced from World Bank Open Data API. Values use World Bank standardised methodology ensuring cross-country comparability.
The chart above shows the full historical trend; the table below lists annual values with year-on-year changes.
Frequently Asked Questions
This indicator tracks canada central government debt (% of gdp) in Canada, published by World Bank. Data covers 1990–2024 at annual frequency using harmonised methodology.
The most recent observation covers 2024. World Bank typically publishes this series with a lag of several months after the reference period. Data is updated annual.
The series peaked at 78.0 % of GDP in 1996 and reached its lowest recorded value of 39.2 in 2007. The latest reading of 64.9 in 2024 represents a year-on-year change of +3.8pp.