NewWelcome, GMD users!Get started

Canada — Combined government debt (% of GDP)

% of GDP · Annual · 1867–2031 · 165 observations

About this series

Combined government debt is the stock of outstanding debt liabilities recorded for that reporting perimeter at the reference date. The source series determines the exact instruments and valuation covered. WED's combined-government scope requires source metadata. This series expresses that measure as a percentage of GDP for the matching period.

The combined government debt reading for Canada was 113.4% of GDP in 2025. The previous reading was 110% of GDP in 2024; the period change was +3.37 percentage points. Relative to the selected 10-year average of 102.7% of GDP, the latest reading was above.

0501001502001867200020102031% of GDPSubscribe to view

Get the full series

  • Annual data, 1867–2031
  • The underlying source, downloadable

Latest observations

2000–2031

PeriodValue
2031103.7 % of GDP
2030105.4 % of GDP
2029106.9 % of GDP
2028108.3 % of GDP
2027109.7 % of GDP
15 earlier values
2026111 % of GDP
2025113.4 % of GDP
2024110 % of GDP
2023105.1 % of GDP
2022103.5 % of GDP
2021112.6 % of GDP
2020118.1 % of GDP
201990.1 % of GDP
201890.8 % of GDP
201791 % of GDP
201692.5 % of GDP
201592.3 % of GDP
201485.8 % of GDP
201387.7 % of GDP
201287 % of GDP

Values before 2012, back to 2000, are on the chart — hover to read them.

Data release 2026_10_06_0823, published 6 Oct 2026.