Canada Government Budget 1949-2014 | Data | Chart | Calendar | Forecast

Canada recorded a Government Budget deficit equal to 1 percent of the country's Gross Domestic Product in 2013. Government Budget in Canada averaged -1.89 Percent of GDP from 1949 until 2013, reaching an all time high of 5.10 Percent of GDP in 1950 and a record low of -8.30 Percent of GDP in 1985. Government Budget in Canada is reported by the Department of Finance Canada.

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Canada Government Budget


Actual Previous Highest Lowest Dates Unit Frequency
-1.00 -1.50 5.10 -8.30 1949 - 2013 percent of GDP Yearly
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Canada Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Canada Government Budget - was last refreshed on Monday, December 22, 2014.

Canada Government Last Previous Highest Lowest Unit
Government Budget -1.00 -1.50 5.10 -8.30 percent of GDP [+]
Government Debt to GDP 89.10 88.10 101.70 66.50 percent [+]
Government Budget Value 379.00 -316.00 5770.00 -9919.00 CAD Million [+]
Government Spending 348758.00 348846.00 349085.00 60608.00 CAD Million [+]
Credit Rating 98.06 [+]


Government Budget Reference Previous Highest Lowest Unit
Australia -1.20 Jun/13 -2.90 2.00 -4.20 percent of GDP [+]
Brazil 1.90 Dec/13 1.80 2.80 0.80 percent of GDP [+]
Canada -1.00 Jun/13 -1.50 5.10 -8.30 percent of GDP [+]
China -2.10 Dec/13 -1.50 0.58 -3.05 percent of GDP [+]
Euro Area -2.90 Dec/13 -3.60 0.00 -6.40 percent of GDP [+]
France -4.10 Dec/13 -4.90 -1.50 -7.50 percent of GDP [+]
Germany 0.10 Dec/13 0.10 1.30 -4.10 percent of GDP [+]
India -4.50 Mar/14 -4.90 -2.04 -7.80 percent of GDP [+]
Indonesia -2.30 Dec/13 -1.90 3.02 -2.50 percent of GDP [+]
Italy -2.80 Dec/13 -3.00 -0.80 -7.40 percent of GDP [+]
Japan -7.60 Dec/13 -9.20 2.58 -9.20 percent of GDP [+]
Mexico -2.30 Dec/13 -2.60 3.30 -2.80 percent of GDP [+]
Netherlands -2.30 Dec/13 -4.10 2.00 -5.60 percent of GDP [+]
Russia -0.50 Dec/13 -0.02 9.88 -7.90 percent of GDP [+]
South Korea -1.50 Dec/13 -1.30 3.47 -4.10 percent of GDP [+]
Spain -6.80 Dec/13 -10.30 2.00 -11.10 percent of GDP [+]
Switzerland 0.00 Dec/13 0.00 2.40 -3.60 percent of GDP [+]
Turkey -1.20 Dec/13 -2.80 0.80 -33.00 percent of GDP [+]
United Kingdom -5.80 Dec/13 -6.10 3.60 -11.40 percent of GDP [+]
United States -2.80 Sep/14 -4.10 4.60 -12.10 percent of GDP [+]