Public Debt in Canada
In the year 2023, the public debt in Canada was 104.0%, compared to 92.19% in 2013 and 98.80% in 2022. It averaged 102.0% over the last decade. For more public debt information, visit our dedicated page.
Canada Public Debt Chart
Note: This chart displays Public Debt (% of GDP) for Canada from 2023 to 2022.
Source: Macrobond.
Canada Public Debt Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Public Debt (% of GDP) | 128.6 | 117.8 | 98.8 | 104.0 | - |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Canadian public debt projections for the next ten years from a panel of 9 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable public debt forecast available for Canadian public debt.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Canadian public debt projections.
Want to get access to the full dataset of Canadian public debt forecasts? Send an email to info@focus-economics.com.