Canada Consolidated Fiscal Balance: % of GDP
1993 - 2024 | Quarterly | % | CEIC Data
Key information about Canada Consolidated Fiscal Balance: % of GDP
- Canada Consolidated Fiscal Balance recorded a deficit equal to 1.8 % of its Nominal GDP in Sep 2024, compared with a deficit equal to 1.9 % in the previous quarter
- Canada Consolidated Fiscal Balance to GDP data is updated quarterly, available from Jun 1993 to Sep 2024, with an average ratio of -0.7 %
- The data reached an all-time high of 1.9 % in Dec 2000 and a record low of -13.9 % in Mar 2021
Further information about Canada Consolidated Fiscal Balance: % of GDP
- In the latest reports, Canada National Government Debt reached 1,501.0 USD bn in Mar 2024
- Canada Nominal GDP reached 520.3 USD bn in Mar 2023
View Canada's Consolidated Fiscal Balance: % of GDP from Jun 1993 to Sep 2024 in the chart:
What was Canada's Consolidated Fiscal Balance: % of GDP in Sep 2024?
Canada Consolidated Fiscal Balance recorded a deficit equal to 1.8 % of its Nominal GDP in Sep 2024, compared with a deficit equal to 1.9 % in the previous quarter See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -1.8 Sep 2024 | -1.9 Jun 2024 | -13.9 Mar 2021 | 1.9 Dec 2000 | % | quarterly | Jun 1993 - Sep 2024 |
Consolidated Fiscal Balance: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | -1.3 2023 | yearly | 1997 - 2023 |
| Algeria (%) | -2.6 2022 | yearly | 1994 - 2022 |
| Argentina (%) | -0.2 Sep 2024 | quarterly | Dec 2004 - Sep 2024 |
| Armenia (%) | -3.1 Sep 2024 | quarterly | Dec 2002 - Sep 2024 |
| Australia (%) | -2.1 Sep 2024 | quarterly | Jun 2003 - Sep 2024 |
| Austria (%) | -3.4 Jun 2024 | quarterly | Dec 2001 - Jun 2024 |
| Azerbaijan (%) | 0.4 Jun 2021 | monthly | Dec 2004 - Jun 2021 |
| Bahrain (%) | -7.0 2021 | yearly | 1998 - 2021 |
| Bangladesh (%) | -5.1 2023 | yearly | 2006 - 2023 |
| Belarus (%) | -0.4 Sep 2021 | quarterly | Sep 2006 - Sep 2021 |
| Belgium (%) | -4.5 2023 | yearly | 1970 - 2023 |
| Bolivia (%) | -9.7 2023 | yearly | 1990 - 2023 |
| Bosnia and Herzegovina (%) | 2.8 Jun 2024 | quarterly | Dec 2008 - Jun 2024 |
| Botswana (%) | 2.5 Jun 2023 | quarterly | Mar 2004 - Jun 2023 |
| Brazil (%) | -7.3 Sep 2024 | quarterly | Dec 1997 - Sep 2024 |
| Brunei (%) | -11.9 2023 | yearly | 2010 - 2023 |
| Bulgaria (%) | -3.8 Sep 2024 | quarterly | Sep 2003 - Sep 2024 |
| Cambodia (%) | -0.1 2022 | yearly | 2007 - 2022 |
| Canada (%) | -1.8 Sep 2024 | quarterly | Jun 1993 - Sep 2024 |
| Chile (%) | -2.3 2023 | yearly | 1990 - 2023 |
| China (%) | -5.0 Sep 2024 | quarterly | Dec 1995 - Sep 2024 |
| Colombia (%) | -8.5 Mar 2024 | quarterly | Dec 2000 - Mar 2024 |
| Croatia (%) | -2.6 2021 | yearly | 2002 - 2021 |
| Cyprus (%) | 4.3 Jun 2024 | quarterly | Dec 1995 - Jun 2024 |
| Czech Republic (%) | -2.9 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
| Denmark (%) | 3.3 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
| Ecuador (%) | -1.8 Jun 2024 | quarterly | Dec 2000 - Jun 2024 |
| Estonia (%) | -3.6 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
| European Union (%) | -3.5 2023 | yearly | 1995 - 2023 |
| Finland (%) | -4.0 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
| France (%) | -6.0 Sep 2024 | quarterly | Dec 1949 - Sep 2024 |
| Georgia (%) | -2.1 Jun 2024 | quarterly | Dec 2006 - Jun 2024 |
| Germany (%) | -2.6 Sep 2024 | quarterly | Dec 1991 - Sep 2024 |
| Ghana (%) | -3.5 Jun 2024 | quarterly | Dec 2008 - Jun 2024 |
| Greece (%) | -1.3 Dec 2018 | monthly | Apr 1999 - Dec 2018 |
| Hong Kong SAR, China (%) | -6.1 Sep 2024 | quarterly | Sep 1999 - Sep 2024 |
| Hungary (%) | -5.5 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
| Iceland (%) | -3.1 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| India (%) | -4.6 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Indonesia (%) | -3.0 Sep 2024 | quarterly | Dec 2014 - Sep 2024 |
| Iran (%) | -4.3 Mar 2021 | quarterly | Mar 2006 - Mar 2021 |
| Ireland (%) | 1.9 Jun 2024 | quarterly | Dec 2000 - Jun 2024 |
| Israel (%) | -8.5 Sep 2024 | quarterly | Dec 1999 - Sep 2024 |
| Italy (%) | -5.9 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
| Ivory Coast (%) | -5.3 2023 | yearly | 1960 - 2023 |
| Japan (%) | -6.2 2024 | yearly | 1996 - 2024 |
| Jordan (%) | 1.0 2018 | yearly | 1999 - 2018 |
| Kazakhstan (%) | -0.4 Jun 2024 | quarterly | Dec 2008 - Jun 2024 |
| Kenya (%) | -3.0 Jun 2024 | quarterly | Dec 2009 - Jun 2024 |
| South Korea (%) | -2.3 Sep 2024 | quarterly | Jun 2000 - Sep 2024 |
| Kosovo (%) | 0.2 Sep 2023 | quarterly | Dec 2010 - Sep 2023 |
| Kuwait (%) | -3.1 2023 | yearly | 1988 - 2023 |
| Kyrgyzstan (%) | 5.0 Sep 2024 | monthly | Jan 2007 - Sep 2024 |
| Laos (%) | 0.6 2023 | yearly | 2012 - 2023 |
| Latvia (%) | -1.8 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
| Lebanon (%) | -4.3 2020 | yearly | 1992 - 2020 |
| Lithuania (%) | -0.9 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
| Luxembourg (%) | -0.7 2023 | yearly | 1995 - 2023 |
| Macau SAR, China (%) | 6.4 Jun 2024 | quarterly | Dec 2003 - Jun 2024 |
| North Macedonia (%) | -4.5 2022 | yearly | 1993 - 2022 |
| Malawi (%) | -0.4 Jun 2023 | monthly | Apr 2005 - Jun 2023 |
| Malaysia (%) | -5.9 2023 | yearly | 1970 - 2023 |
| Malta (%) | -3.4 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
| Mauritius (%) | -6.1 Mar 2024 | quarterly | Dec 2010 - Mar 2024 |
| Mexico (%) | -4.2 Sep 2024 | quarterly | Dec 1980 - Sep 2024 |
| Moldova (%) | -5.2 2023 | yearly | 1998 - 2023 |
| Mongolia (%) | 0.1 Sep 2024 | quarterly | Dec 2000 - Sep 2024 |
| Montenegro (%) | -0.9 Sep 2024 | quarterly | Dec 2012 - Sep 2024 |
| Morocco (%) | -5.0 2023 | yearly | 1980 - 2023 |
| Mozambique (%) | -2.7 2016 | yearly | 1996 - 2016 |
| Myanmar (%) | -7.6 2021 | yearly | 1986 - 2021 |
| Nepal (%) | -10.0 2018 | yearly | 2012 - 2018 |
| Netherlands (%) | -0.1 Mar 2023 | quarterly | Dec 1999 - Mar 2023 |
| New Zealand (%) | -1.6 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
| Nigeria (%) | -5.7 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
| Norway (%) | 13.8 Jun 2024 | quarterly | Dec 2002 - Jun 2024 |
| Oman (%) | 2.3 Sep 2023 | quarterly | Dec 2005 - Sep 2023 |
| Pakistan (%) | -3.7 2024 | yearly | 2000 - 2024 |
| Palestinian Territory (%) | -4.0 2020 | yearly | 2010 - 2020 |
| Panama (%) | -3.0 2023 | yearly | 2003 - 2023 |
| Paraguay (%) | -0.8 Jun 2024 | quarterly | Dec 2003 - Jun 2024 |
| Peru (%) | -4.2 Sep 2024 | quarterly | Dec 1990 - Sep 2024 |
| Philippines (%) | -5.8 Sep 2024 | quarterly | Dec 1985 - Sep 2024 |
| Poland (%) | -5.3 2023 | yearly | 1995 - 2023 |
| Portugal (%) | 1.3 Jun 2024 | quarterly | Dec 1995 - Jun 2024 |
| Qatar (%) | 0.7 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
| Romania (%) | -7.5 Sep 2024 | quarterly | Dec 2004 - Sep 2024 |
| Russia (%) | -0.6 Jun 2024 | quarterly | Dec 1993 - Jun 2024 |
| Saudi Arabia (%) | 2.5 2022 | yearly | 1969 - 2022 |
| Serbia (%) | -1.8 Sep 2024 | quarterly | Dec 2005 - Sep 2024 |
| Singapore (%) | 2.1 Sep 2024 | quarterly | Mar 2012 - Sep 2024 |
| Slovakia (%) | -6.2 2020 | yearly | 1995 - 2020 |
| Slovenia (%) | -2.8 Sep 2024 | quarterly | Dec 2000 - Sep 2024 |
| South Africa (%) | -4.5 Sep 2024 | quarterly | Dec 1990 - Sep 2024 |
| Spain (%) | -3.3 Jun 2024 | quarterly | Dec 1995 - Jun 2024 |
| Sri Lanka (%) | -5.7 Jun 2024 | quarterly | Dec 2014 - Jun 2024 |
| Sudan (%) | -0.6 2021 | yearly | 2001 - 2021 |
| Sweden (%) | -0.6 2023 | yearly | 1995 - 2023 |
| Switzerland (%) | 0.2 2023 | yearly | 1990 - 2023 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.8 Sep 2024 | quarterly | Jun 1993 - Sep 2024 |
| Consolidated Fiscal Balance (USD mn) | -1,864.518 Aug 2024 | monthly | May 1992 - Aug 2024 |
| Tax Revenue (USD mn) | 20,829.733 Aug 2024 | monthly | Jan 1996 - Aug 2024 |
| Tax Revenue: % of GDP (%) | 11.4 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| National Government Debt (USD mn) | 1,501,047.3 2024 | yearly | 1962 - 2024 |
| Government Debt: % of GDP (%) | 68.6 2024 | yearly | 1962 - 2024 |
| Forecast: Government Expenditure (CAD bn) | 1,546.047 2029 | yearly | 1980 - 2029 |
| Forecast: Government Net Debt (CAD bn) | 3,127.329 2028 | yearly | 1980 - 2028 |
| Forecast: Government Revenue (CAD bn) | 1,523.743 2029 | yearly | 1980 - 2029 |
| Budgetary Balance: Deficit or Surplus (CAD mn) | -3,169.000 Sep 2024 | monthly | May 1992 - Sep 2024 |
| Budgetary Revenue (CAD mn) | 36,135.000 Sep 2024 | monthly | May 1992 - Sep 2024 |
| Budgetary Expense (CAD mn) | -39,304.000 Sep 2024 | monthly | May 1992 - Sep 2024 |
| Budgetary Revenue: Tax Revenues (TR) (CAD mn) | 28,443.000 Aug 2024 | monthly | Jan 1996 - Aug 2024 |
| Budgetary Revenue: TR: Excise Taxes & Duties (CAD mn) | 5,469.000 Sep 2024 | monthly | Jan 1996 - Sep 2024 |
| FIN Forecast: Budgetary Revenue (CAD mn) | 573,800.000 2029 | yearly | 1996 - 2029 |
| FIN Forecast: Budgetary Expense (CAD mn) | 597,300.000 2029 | yearly | 1996 - 2029 |
| FIN Forecast: Budgetary Balance (CAD mn) | -18,400.000 2029 | yearly | 1996 - 2029 |
| FIN Forecast: Budgetary Revenue: Tax: Excise Taxes & Duties (ET) (CAD mn) | 82,000.000 2029 | yearly | 2000 - 2029 |
| Net Financing Activities (CAD mn) | -1,446.000 Sep 2024 | monthly | Jan 1996 - Sep 2024 |
| FIN Forecast: Federal Debt (CAD mn) | 1,362,200.000 2029 | yearly | 1997 - 2029 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 3.003 2029 | yearly | 1980 - 2029 |
| Trade Balance (USD mn) | -671.7 Oct 2024 | monthly | Jan 1988 - Oct 2024 |
| Total Exports (USD mn) | 46,679.5 Oct 2024 | monthly | Jan 1988 - Oct 2024 |
| Total Exports Growth (%) | -2.6 Oct 2024 | monthly | Jan 1989 - Oct 2024 |
| Aluminum: Exports (USD th) | 10,038,642.351 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 9,821,982.309 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 1,079,544.056 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 47,351.2 Oct 2024 | monthly | Jan 1988 - Oct 2024 |
| Total Imports Growth (%) | 2.6 Oct 2024 | monthly | Jan 1989 - Oct 2024 |
| Imports: Medicament (USD th) | 11,462,582.313 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 9,439,260.899 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 33,956.095 Oct 2024 | monthly | Jan 1988 - Oct 2024 |
| Total Imports from USA (USD mn) | 29,468.271 Oct 2024 | monthly | Jan 1997 - Oct 2024 |
| Total Exports to China (USD mn) | 2,078.651 Oct 2024 | monthly | Jan 1997 - Oct 2024 |
| Total Imports from China (USD mn) | 3,618.449 Oct 2024 | monthly | Jan 1997 - Oct 2024 |
| Coal Exports (kton) | 2,839.000 Sep 2024 | monthly | Jan 1977 - Sep 2024 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Light Emitting Diodes ... (CAD th) | 8,165.927 Oct 2024 | monthly | Jan 2022 - Oct 2024 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Photovoltaic Cells ass... (CAD th) | 8,507.700 Oct 2024 | monthly | Jan 2022 - Oct 2024 |
| Import Value (Val): HS: Iron and Steel (IS) (CAD th) | 818,892.620 Oct 2024 | monthly | Jan 1988 - Oct 2024 |
| Import Value Index (2015=100) | 117.179 2021 | yearly | 1995 - 2021 |
| Export Value Index (2015=100) | 123.790 2021 | yearly | 1995 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.5 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Household Debt: % of GDP (%) | 99.1 Sep 2024 | quarterly | Mar 1969 - Sep 2024 |
| Money Supply M1 (USD mn) | 1,161,572.793 Sep 2024 | monthly | Mar 1975 - Sep 2024 |
| Money Supply M2 (USD mn) | 1,915,151.358 Sep 2024 | monthly | Jan 1968 - Sep 2024 |
| M2 Growth (%) | 5.5 Sep 2024 | monthly | Jan 1969 - Sep 2024 |
| Foreign Exchange Reserves (USD mn) | 94,505.0 Nov 2024 | monthly | Jun 1999 - Nov 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 4.448 Sep 2024 | quarterly | Jun 1999 - Sep 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.9 Oct 2024 | monthly | Jun 1999 - Oct 2024 |
| Gold Reserves (USD mn) | 0.000 Nov 2024 | monthly | Dec 1956 - Nov 2024 |
| Total Deposits (USD mn) | 4,446,723.657 Oct 2024 | monthly | Jan 2009 - Oct 2024 |
| Total Deposits Growth (%) | 5.8 Oct 2024 | monthly | Jan 2010 - Oct 2024 |
| Domestic Credit (USD mn) | 4,745,833.0 Sep 2024 | monthly | Jan 1969 - Sep 2024 |
| Domestic Credit Growth (%) | 2.7 Sep 2024 | monthly | Jan 1970 - Sep 2024 |
| Debt Service Ratio: Households (%) | 14.400 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 24.500 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Credit to Households (USD bn) | 2,230.826 Dec 2023 | quarterly | Mar 1969 - Dec 2023 |
| Credit to Private Non-Financial Sector (USD bn) | 4,810.343 Dec 2023 | quarterly | Mar 1954 - Dec 2023 |
| Household Debt (USD mn) | 2,223,549.7 Sep 2024 | monthly | Jan 1969 - Sep 2024 |
| Total Loans (USD mn) | 3,205,846.347 Sep 2024 | monthly | Jan 1969 - Sep 2024 |
| Total Loans Growth (%) | 2.30 Sep 2024 | monthly | Jan 1970 - Sep 2024 |
| Private Debt: % of Nominal GDP (%) | 211.55 Sep 2024 | quarterly | Mar 1969 - Sep 2024 |
| Money Supply: M2+: M2: Gross (CAD mn) | 2,591,144.000 Sep 2024 | monthly | Jan 1968 - Sep 2024 |
| Money Supply: M1+: Gross (CAD mn) | 1,566,742.000 Sep 2024 | monthly | Mar 1975 - Sep 2024 |
| Money Supply: M1+: Gross: sa (CAD mn) | 1,569,401.000 Sep 2024 | monthly | Mar 1975 - Sep 2024 |
| Money Supply: M3: Gross: sa (CAD mn) | 3,731,317.000 Sep 2024 | monthly | Jan 1970 - Sep 2024 |
| Money Supply: M3: Gross (CAD mn) | 3,735,281.000 Sep 2024 | monthly | Jan 1970 - Sep 2024 |
| Money Supply: M2+: M2: Gross: sa (CAD mn) | 2,587,561.000 Sep 2024 | monthly | Jan 1968 - Sep 2024 |
| Official International Reserves (USD mn) | 122,610.000 Nov 2024 | monthly | Dec 1994 - Nov 2024 |
| Official International Reserves: Gold (USD mn) | 0.000 Nov 2024 | monthly | Dec 1994 - Nov 2024 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -4.8 Nov 2024 | monthly | Dec 2001 - Nov 2024 |
| Purchasing Manager Index: Seasonally Adjusted (NA) | 52.300 Nov 2024 | monthly | Dec 2000 - Nov 2024 |
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