Canada Government Budget
-1.8%▲ +0.36 pt
Dec 2025 · Annual
Canada's budget balance was -1.77% of GDP in 2025, improving from -2.12% in 2024. The latest figure is above the all-time low of -10.95% recorded in 2020 and below the all-time high of 2.64% in 2000. The annual series begins in 1980.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| -1.8% | -2.1% | 2.6%Dec 2000 | -10.9%Dec 2020 | 1980 – 2025 | Annual |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| Government Debt to GDP | 113.5% | 110.0% | 118.1% | 44.6% | Dec 2025 | Annual |
| Tax Revenue to GDP | 13.7% | 13.7% | 14.9% | 11.6% | Dec 2024 | Annual |
About this series
Government Budget in Canada averaged -2.0% from 1980 until 2025, reaching an all-time high of 2.6% in Dec 2000 and a record low of -10.9% in Dec 2020. The series is reported yearly with history from 1980.
Canada's budget balance as a percentage of GDP measures the fiscal position relative to economic output. It is expressed as a percentage of GDP and reported annually. Negative values denote a deficit; positive values denote a surplus. The series spans from 1980 to 2025.
Source & methodology
We use primary economic sources for every country. See our methodology page for how we source and verify this data.
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