Cyclically adjusted balance, General government, Percent of potential in Canada
Canada: Cyclically adjusted balance, General government, Percent of potential was -1.45 in 2030. ◆ Volatile
Latest (2030)
-1.45
Change on year
up 8.8%
World rank
27th
of 88 countries
All-time high
1.7
in 2000
All-time low
-9.25
in 2020
Years of data
40
1991–2030
Cyclically adjusted balance, General government, Percent of potential in Canada, 1991–2030
Source: International Monetary Fund.
Analysis
The most recent figure for cyclically adjusted balance, general government, percent of potential in Canada is -1.45, measured in 2030.
Compared with earlier readings it is up 8.8% on the previous year and up 84.4% over ten years.
Over the whole period, cyclically adjusted balance, general government, percent of potential in Canada peaked at 1.7 in 2000 and was at its lowest, -9.25, in 2020.
Canada ranks 27th of 88 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Cyclically adjusted balance, General government, Percent of potential in Canada, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | -7.61 | — |
| 1992 | -8.07 | +6.0% |
| 1993 | -8.05 | -0.2% |
| 1994 | -7.08 | -12.1% |
| 1995 | -5.58 | -21.1% |
| 1996 | -2.44 | -56.3% |
| 1997 | 0.3148 | -112.9% |
| 1998 | 0.3461 | +9.9% |
| 1999 | 1.29 | +273.3% |
| 2000 | 1.7 | +31.5% |
| 2001 | 0.2592 | -84.7% |
| 2002 | -0.4311 | -266.3% |
| 2003 | 0.1009 | -123.4% |
| 2004 | 0.7903 | +682.9% |
| 2005 | 1.22 | +54.2% |
| 2006 | 1.24 | +1.6% |
| 2007 | 1.1 | -11.0% |
| 2008 | -0.3132 | -128.4% |
| 2009 | -2.5 | +699.2% |
| 2010 | -4 | +59.6% |
| 2011 | -3.16 | -20.8% |
| 2012 | -2.36 | -25.4% |
| 2013 | -1.51 | -36.0% |
| 2014 | -0.2153 | -85.8% |
| 2015 | -0.003 | -98.6% |
| 2016 | -0.0667 | +2093.7% |
| 2017 | -0.2634 | +294.9% |
| 2018 | 0.1347 | -151.1% |
| 2019 | -0.1625 | -220.6% |
| 2020 | -9.25 | +5593.8% |
| 2021 | -2.41 | -73.9% |
| 2022 | 0.2452 | -110.2% |
| 2023 | 0.087 | -64.5% |
| 2024 | -1.79 | -2156.0% |
| 2025 | -1.76 | -1.6% |
| 2026 | -2.03 | +15.3% |
| 2027 | -1.85 | -9.0% |
| 2028 | -1.89 | +2.4% |
| 2029 | -1.59 | -16.1% |
| 2030 | -1.45 | -8.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -4.1 | -8.07 | 1.29 | 9 |
| 2000s | 0.3162 | -2.5 | 1.7 | 10 |
| 2010s | -1.16 | -4 | 0.1347 | 10 |
| 2020s | -2.22 | -9.25 | 0.2452 | 10 |
| 2030s | -1.45 | -1.45 | -1.45 | 1 |
Countries ranked near Canada
- 24 South Korea -1.02 compare
- 25 Paraguay -1.29 compare
- 26 Greece -1.38 compare
- 28 Panama -1.5 compare
- 29 El Salvador -1.63 compare
- 30 Philippines -1.8 compare
More public sector data for Canada
- Arms imports 149.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 3.61 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 96.05 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 149.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 711.23 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0129 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 7.78 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 29.35 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 8.65 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is cyclically adjusted balance, general government, percent of potential in Canada?
- Cyclically adjusted balance, general government, percent of potential in Canada was -1.45 in 2030, according to International Monetary Fund.
- What is the highest cyclically adjusted balance, general government, percent of potential recorded in Canada?
- The highest recorded value was 1.7 in 2000.
- What is the lowest cyclically adjusted balance, general government, percent of potential recorded in Canada?
- The lowest recorded value was -9.25 in 2020.
- How does Canada rank for cyclically adjusted balance, general government, percent of potential?
- Canada ranks 27th out of 88 countries with data for 2030.
- Is cyclically adjusted balance, general government, percent of potential rising or falling in Canada?
- Over the last ten years it is up 84.4%. The long-run trend across the full record is volatile.
- Where does this Canada data come from?
- The figures come from International Monetary Fund, published as part of Cyclically adjusted balance, General government, Percent of potential GDP. Statizoid updates them automatically from the source API.
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About this data
Fiscal Monitor (FM) 2025 October