Canada — General government deficit (% of GDP)
% of GDP · Annual · 1870–2031 · 162 observations
About this series
The general 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.
In Canada, the general government deficit reading was −1.77% of GDP in 2025, compared with −2.12% of GDP in 2024. The period change was +0.36 percentage points.
Get the full series
- Annual data, 1870–2031
- Quarterly data, 1970–2027
- All 5 sources, downloadable
Latest observations
2000–2031
| Period | Value |
|---|---|
| 2031 | -1.52 % of GDP |
| 2030 | -1.73 % of GDP |
| 2029 | -1.99 % of GDP |
| 2028 | -2.21 % of GDP |
| 2027 | -2.2 % of GDP |
15 earlier values
| 2026 | -2.43 % of GDP |
| 2025 | -1.77 % of GDP |
| 2024 | -2.12 % of GDP |
| 2023 | -0.16 % of GDP |
| 2022 | 0.62 % of GDP |
| 2021 | -3.06 % of GDP |
| 2020 | -10.9 % of GDP |
| 2019 | -0.02 % of GDP |
| 2018 | 0.36 % of GDP |
| 2017 | -0.11 % of GDP |
| 2016 | -0.45 % of GDP |
| 2015 | -0.06 % of GDP |
| 2014 | 0.17 % of GDP |
| 2013 | -1.49 % of GDP |
| 2012 | -2.52 % of GDP |
Values before 2012, back to 2000, are on the chart — hover to read them.