Canada vs Republic of Korea: Cyclically adjusted balance, General government, Percent of potential
Canada
-1.45
in 2030
Republic of Korea
-1.02
in 2030
Canada rank
27th
Republic of Korea rank
24th
Cyclically adjusted balance, General government, Percent of potential over time
- Canada
- Republic of Korea
How they compare
Republic of Korea currently reports -1.02 against -1.45 in Canada, a difference of 0.43.
The two have swapped places 4 times across 35 shared years of data; in 1996 it was Republic of Korea ahead.
Canada ranks 27th and Republic of Korea ranks 24th of 88 countries.
Republic of Korea has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Canada | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -0.1213 | 1.8 | 1.92 | Republic of Korea |
| 2000s | 0.3162 | 1.7 | 1.38 | Republic of Korea |
| 2010s | -1.16 | 1.39 | 2.55 | Republic of Korea |
| 2020s | -2.22 | -1.03 | 1.2 | Republic of Korea |
| 2030s | -1.45 | -1.02 | 0.423 | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher cyclically adjusted balance, general government, percent of potential, Canada or Republic of Korea?
- Republic of Korea, at -1.02 against -1.45 in Canada as of 2030.
- What is the difference in cyclically adjusted balance, general government, percent of potential between Canada and Republic of Korea?
- 0.43, with Republic of Korea ahead.
- How many years of comparable data are there for Canada and Republic of Korea?
- 35 years are reported by both, from 1996 to 2030.
- How do Canada and Republic of Korea rank globally for cyclically adjusted balance, general government, percent of potential?
- Canada ranks 27th and Republic of Korea ranks 24th of 88 countries.
- Where does this data come from?
- International Monetary Fund, published as Cyclically adjusted balance, General government, Percent of potential GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Fiscal Monitor (FM) 2025 October