Flexible monthly access to CEIC data Canada's general government gross debt is 89.7 percent of GDP. If the ratio indicates that a nation is unable to pay its government debts, there is a risk of default, which could wreak havoc on the markets. Lebanon has the next highest debt-to-GDP ratio at 152%, followed by Italy at 123.4%. The data reached an all-time high of 82.6 % in Mar 1996 and a record low of 32.7 % in Mar 1977. The federal debt-to-GDP ratio is dependent on the nation’s fiscal policies and overall economic condition. Instant access to full history data in excel There is no data available for your selected dates.There is no data available for your selected dates. Net debt subtracts financial assets a government holds from the gross debt amount. Unlimited access tailored to your data needs Instant access to full history data in excel Other nations with high debt-to-GDP ratios include: Cape Verde: 123.4% 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. Net … Debt comparison with other countries. Instant access to full history data in excel Canada recorded a government debt equivalent to 89.70 percent of the country's Gross Domestic Product in 2018/2019 fiscal year. The debt-to-GDP ratio is usually expressed as a percentage and is used to indicate whether or not a country is able to pay back its debts. As of June 2019, the nation with the highest debt-to-GDP ratio is Japan with a ratio of 253%. Canada has some fiscal space, general government gross debt is high compared to its triple A-rated peers (in average 40%).
This ratio measures a country’s government debt compared to its gross domestic product (GDP) – or the value of all goods and services produced by the country. The United States had a debt-to-GDP ratio of 106.0% as of 2015. Canada's National Government Debt reached 923.9 USD bn in Mar 2020. There are many different equations used to determine how economically sound a nation is, and one of these calculations is the debt-to-GDP ratio. Canada's government debt to GDP ratio data is updated yearly, available from Mar 1962 to Mar 2020.
The data reached an all-time high of 82.6 % in Mar 1996 and a record low of 32.7 % in Mar 1977. Strength of legal rights index > 0=weak to 10=strong : Strength of legal rights index (0=weak to 10=strong). As of June 2019, the nation with the highest debt-to-GDP ratio is The nations with the lowest debt-to-GDP ratios include: Government Debt as % of Nominal GDP is in annual frequency, ending in March of each year. The country's Nominal GDP reached 427.1 USD bn in Mar 2020. No date was available from the Wikipedia article, so we used the date of retrieval. 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 next highest ratio is from Greece, which at 181.1%, lags significantly behind Japan. The Department of Finance Canada provides Government Debt in local currency. 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. The most complete set of 5.5 million time series covering more than 200 economies, compiled from 1500 sources worldwide
Canada's government debt to GDP ratio data is updated yearly, available from Mar 1962 to Mar 2020. Statistics Canada provides Nominal GDP in local currency based on CSNA 2012/SNA 2008. Government debt > Public debt as % of GDP: Public debt as % of GDP (CIA).
Includes Government Debt: % of GDP for
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