Canada — Combined government deficit (% of GDP)
% of GDP · Annual · 1870–2030 · 161 observations
About this series
The combined 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. 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 deficit reading for Canada was −1.33% of GDP in 2025. The previous reading was −2.3% of GDP in 2024; the period change was +0.97 percentage points. Relative to the selected 10-year average of −1.82% of GDP, the latest reading was above.
Get the full series
- Annual data, 1870–2030
- Quarterly data, 1970–2026
- All 3 sources, downloadable
Latest observations
2000–2030
| Period | Value |
|---|---|
| 2030 | -0.43 % of GDP |
| 2029 | -0.49 % of GDP |
| 2028 | -0.69 % of GDP |
| 2027 | -0.67 % of GDP |
| 2026 | -0.73 % of GDP |
15 earlier values
| 2025 | -1.33 % of GDP |
| 2024 | -2.3 % of GDP |
| 2023 | -0.57 % of GDP |
| 2022 | 0.11 % of GDP |
| 2021 | -2.92 % 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 |
| 2011 | -3.31 % of GDP |
Values before 2011, back to 2000, are on the chart — hover to read them.