Canada recorded a government debt equivalent to 89.70 percent of the country's Gross Domestic Product in 2018/2019 fiscal year.
Canada's Government debt accounted for 53.2 % of the country's Nominal GDP in Mar 2020, compared with the ratio of 52.9 % in the previous year. The Trading Economics Application Programming Interface (API) provides direct access to our data.
According to data from Statistics Canada, net debt (gross debt minus assets) as of March 2019 was approximately CAD$768 billion. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.
The data reached an all-time high of 82.6 % in Mar 1996 and a record low of 32.7 % in Mar 1977. 1962-2019 Data | 2020-2022 Forecast | Historical | ChartDownload historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data.
By the end of that year, the national debt had fallen to only about $33,700, or a little less than $1 million in 2019 dollars. Canada’s national debt is counted as the debts of the government of the Kingdom of Canada’s central federal government, based in Ottawa. Government Debt in Canada averaged 315.18 CAD Billion from 1962 until 2019, reaching an all time high of 685.45 CAD Billion in 2019 and a record low of 14.83 CAD Billion in 1962. Government Debt to GDP in Canada averaged 78.23 percent from 1980 until 2018, reaching an all time high of 100.20 percent in 1996 and a record low of 44.90 percent in 1980.
Canada's government debt to GDP ratio data is updated yearly, available from Mar 1962 to Mar 2020.
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Government Debt in Canada increased to 685.45 CAD Billion in 2019 from 671.25 CAD Billion in 2018. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. The Canadian government debt, commonly called the "public debt" or the "national debt", is the amount of money owed by the Government of Canada to holders of Canadian Treasury security. Download historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.
The national debt figure includes all public debt, encompassing the accounts of Canada’s provinces and territories as well as the central government.
The Late 19th Century: 1850-1899 But then the Civil War happened. The Trading Economics Application Programming Interface (API) provides direct access to our data.
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