NATIONAL PUBLIC DEBT Canada 2024

Public debt went up in Canada

In 2024 Canada public debt was 2,307,846 million euros2,497,217 million dollars, has increased 143,494156,297 million since 2023.

This amount means that the debt in 2024 reached 111.3% of Canada GDP, a 3.59 percentage point rise from 2023, when it was 107.71% of GDP.

If we check the tables we can see the evolution of Canada debt. It has risen since 2014 in global debt terms, when it was 1,162,401 million euros 1,544,649 million dollars and also in terms of GDP percentage, when it amounted to 85.54%.

According to the last data point published, Canada per capita debt in 2024 was 55,931 euros60,521 dollars per inhabitant. In 2023 it was 54,042 euros 58,451 dollars, afterwards rising by 1,889 euros2,070 dollars, and if we again check 2014 we can see that then the debt per person was 32,805 euros43,592 dollars .

The position of Canada, as compared with the rest of the world, has worsened in 2024 in terms of GDP percentage. Currently it is country number 177 in the list of debt to GDP and 189 in debt per capita, out of the 192 we publish.

In this page we show you the progression of the public debt in Canada. You can see debt in other countries in Public debt and see all the information about Canada in economy of Canada.

Canada: Evolution of debt
DateDebt (M.€.)Debt ($M)Debt (%GDP)Debt Per CapitaDebt Per Capita
20242,307,8462,497,217111.30%€55,931$60,521
20232,164,3522,340,920107.71%€54,042$58,451
20222,165,8792,282,570104.21%€55,606$58,602
20211,924,3792,277,552112.62%€50,324$59,560
20201,712,8071,954,794118.07%€45,040$51,403
20191,404,9841,573,01790.21%€37,348$41,815
20181,325,5811,566,16090.78%€35,756$42,246
20171,328,1701,499,88090.94%€36,343$41,042
20161,275,8201,411,82092.40%€35,331$39,097
20151,290,9191,432,43692.03%€36,156$40,119
20141,162,4011,544,64985.54%€32,805$43,592
20131,218,0291,617,71187.61%€34,720$46,114
20121,239,4451,593,43587.15%€35,705$45,903
20111,086,0951,511,52984.29%€31,628$44,018
20101,023,6551,358,18583.98%€30,102$39,940
2009808,2011,126,04181.80%€24,032$33,483
2008742,9131,092,52370.36%€22,345$32,861
2007719,974986,82467.18%€21,891$30,005
2006734,663922,49169.92%€22,556$28,322
2005665,957828,96970.64%€20,654$25,710
2004593,503737,92571.89%€18,583$23,104
2003601,184679,86575.91%€18,999$21,486
2002640,392605,11079.60%€20,421$19,296
2001672,124601,97881.46%€21,667$19,406
2000648,207598,95680.44%€21,124$19,519
1999565,747603,55888.97%€18,609$19,853
1998591,46493.29%$19,614
1997624,04495.27%$20,867
1996632,136100.24%$21,349
1995606,451100.08%$20,696
1994565,30297.48%$19,493
1993548,54494.73%$19,123
1992524,41888.23%$18,484
1991500,16881.66%$17,839
1990439,58173.74%$15,874
1989402,65570.99%$14,762
1988355,26469.75%$13,260
1987302,16269.76%$11,425
1986262,74669.32%$10,067
1985238,62865.17%$9,234
1984214,79660.21%$8,388
1983195,58457.21%$7,710
1982162,69051.71%$6,477
1981141,57046.08%$5,704
1980123,09744.59%$5,021
Canada: Evolution of debt as a percentage of GDP

Canada: Evolution of debt in millions