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24Peaks / North America / Canada / Government Net Lending and Borrowing (% of GDP)

Canada - Government Net Lending and Borrowing (% of GDP) -1.17

World Bank WDI · updated 2026-10-15 · 158 economies tracked

Latest value

-1.17 (2024)

Global rank

##31 of 158 economies

Share of global total

0.6%

Growth since 1990

0.26×

Ranking Race — Government Net Lending and Borrowing (% of GDP)

1 = global #1 · higher value ranks higher

#1#23#45#67#89#111#1331972198219922002201220222024#55#312021 overtook Guatemala2022 overtook Burundi
CanadaNauruNorwayLesothoMacao

Real annual global ranks, 1972 - 2024. Canada climbed from #55 to #31 (overtook Guatemala). Gaps in a lane = missing data that year.

Key events for Canada ↓

Key Events — Canada

Auto-detected from rank data + curated milestones

1994
NAFTA takes effect curated

Continental free trade deepens integration with the US and Mexico.

1996
Climbed 16 places in global rank auto
1997
Climbed 26 places in global rank auto
2009
Global crisis recession curated

Trade collapse hits the open economy.

2010
Fell 16 places in global rank auto
2015
Oil price shock curated

Crude collapse hurts energy-heavy provinces.

2019
Fell 15 places in global rank auto
2020
Fell 63 places in global rank auto

Government Net Lending and Borrowing (% of GDP), 1990-2024

World Bank WDI · % of GDP · linear scale · ranking in the race above
19902000201020202024-9.54-5.63-1.722.19

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Related indicators

Primary Balance (% of GDP), Gross Operating Balance (% of GDP), Current Account Balance

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