Canada vs South Korea: Cyclically adjusted balance, General government, Percent of potential
Canada
-1.45
in 2030
South Korea
-1.02
in 2030
Canada rank
27th
South Korea rank
24th
Cyclically adjusted balance, General government, Percent of potential over time
- Canada
- South Korea
How they compare
South 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 South Korea ahead.
Canada ranks 27th and South Korea ranks 24th of 88 countries.
South Korea has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Canada | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -0.1213 | 1.8 | 1.92 | South Korea |
| 2000s | 0.3162 | 1.7 | 1.38 | South Korea |
| 2010s | -1.16 | 1.39 | 2.55 | South Korea |
| 2020s | -2.22 | -1.03 | 1.2 | South Korea |
| 2030s | -1.45 | -1.02 | 0.423 | South 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 South Korea?
- South 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 South Korea?
- 0.43, with South Korea ahead.
- How many years of comparable data are there for Canada and South Korea?
- 35 years are reported by both, from 1996 to 2030.
- How do Canada and South Korea rank globally for cyclically adjusted balance, general government, percent of potential?
- Canada ranks 27th and South 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