Canada Government Debt to GDP
113.5%▲ +3.49 pt
Dec 2025 · Annual
Canada's government debt to GDP ratio rose to 113.5% in 2025, up from 110% in the prior year. The reading remains below the all-time high of 118.1% recorded in 2020. The series dates back to 1980.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 113.5% | 110.0% | 118.1%Dec 2020 | 44.6%Dec 1980 | 1980 – 2025 | Annual |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| Government Budget | -1.8% | -2.1% | 2.6% | -10.9% | Dec 2025 | Annual |
| Interest Rate | 2.3% | 2.3% | 21.1% | 0.3% | Aug 2026 | Monthly |
About this series
Government Debt to GDP in Canada averaged 89.2% from 1980 until 2025, reaching an all-time high of 118.1% in Dec 2020 and a record low of 44.6% in Dec 1980. The series is reported yearly with history from 1980.
Government debt as a share of GDP measures the total gross debt of the general government relative to the size of the economy. It is reported annually as a percentage of GDP. 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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