Canada — Central government deficit (% of GDP)
% of GDP · Annual · 1870–2025 · 106 observations
About this series
The central government deficit series records the period's fiscal balance under the source's accounting and sign convention. A deficit indicates a shortfall; the series is a flow, not a debt stock. This series expresses that measure as a percentage of GDP for the matching period.
For Canada, the central government deficit reading stood at −1.42% of GDP in 2025. Against −2.56% of GDP in 2024, the period change was +1.13 percentage points. It was above the selected 10-year average of −1.85% of GDP.
Get the full series
- Annual data, 1870–2025
- All 2 sources, downloadable
Latest observations
2004–2025
| Period | Value |
|---|---|
| 2025 | -1.42 % of GDP |
| 2024 | -2.56 % of GDP |
| 2023 | -0.67 % of GDP |
| 2022 | -0.28 % of GDP |
| 2021 | -3.23 % of GDP |
15 earlier values
| 2020 | -9.99 % of GDP |
| 2019 | -0.43 % of GDP |
| 2018 | 0.3 % of GDP |
| 2017 | -0.13 % of GDP |
| 2016 | -0.12 % of GDP |
| 2015 | 0.4 % of GDP |
| 2014 | 0.38 % of GDP |
| 2013 | -0.61 % of GDP |
| 2012 | -1.1 % of GDP |
| 2011 | -1.5 % of GDP |
| 2010 | -2.8 % of GDP |
| 2009 | -1.88 % of GDP |
| 2008 | -0.03 % of GDP |
| 2007 | 0.93 % of GDP |
| 2006 | 0.79 % of GDP |
Values before 2006, back to 2004, are on the chart — hover to read them.