Expense in Canada
Canada: Expense was 565.06 billion current LCU in 2023. ▲ Rising
Expense in Canada, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2023, expense in Canada stood at 565.06 billion current LCU.
Compared with earlier readings it is up 8.6% on the previous year and up 73.9% over ten years.
Over the whole period, expense in Canada peaked at 634.44 billion current LCU in 2020 and was at its lowest, 167.62 billion current LCU, in 1990.
That places Canada 71st out of 157 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
Expense in Canada, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 167.62 billion current LCU | — |
| 1991 | 178.01 billion current LCU | +6.2% |
| 1992 | 183.44 billion current LCU | +3.1% |
| 1993 | 187.77 billion current LCU | +2.4% |
| 1994 | 188.09 billion current LCU | +0.2% |
| 1995 | 194.85 billion current LCU | +3.6% |
| 1996 | 192.13 billion current LCU | -1.4% |
| 1997 | 184.74 billion current LCU | -3.8% |
| 1998 | 189.75 billion current LCU | +2.7% |
| 1999 | 199.12 billion current LCU | +4.9% |
| 2000 | 207.66 billion current LCU | +4.3% |
| 2001 | 214.15 billion current LCU | +3.1% |
| 2002 | 214.42 billion current LCU | +0.1% |
| 2003 | 226.32 billion current LCU | +5.5% |
| 2004 | 230.62 billion current LCU | +1.9% |
| 2005 | 253.38 billion current LCU | +9.9% |
| 2006 | 254.83 billion current LCU | +0.6% |
| 2007 | 267.62 billion current LCU | +5.0% |
| 2008 | 283.08 billion current LCU | +5.8% |
| 2009 | 296.26 billion current LCU | +4.7% |
| 2010 | 317.96 billion current LCU | +7.3% |
| 2011 | 316.68 billion current LCU | -0.4% |
| 2012 | 320.08 billion current LCU | +1.1% |
| 2013 | 325.00 billion current LCU | +1.5% |
| 2014 | 327.20 billion current LCU | +0.7% |
| 2015 | 339.56 billion current LCU | +3.8% |
| 2016 | 354.44 billion current LCU | +4.4% |
| 2017 | 376.89 billion current LCU | +6.3% |
| 2018 | 392.16 billion current LCU | +4.0% |
| 2019 | 418.89 billion current LCU | +6.8% |
| 2020 | 634.44 billion current LCU | +51.5% |
| 2021 | 570.52 billion current LCU | -10.1% |
| 2022 | 520.36 billion current LCU | -8.8% |
| 2023 | 565.06 billion current LCU | +8.6% |
Canada compared with similar countries
- Canada's 565.06 billion current LCU is above the median for high income countries, which is 134.42 billion current LCU, 4.2× the median. (57 countries reporting)
Biggest year-on-year movements
Years where Expense in Canada changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | +51.5% | 418.89 billion current LCU | 634.44 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 186.55 billion current LCU | 167.62 billion current LCU | 199.12 billion current LCU | 10 |
| 2000s | 244.84 billion current LCU | 207.66 billion current LCU | 296.26 billion current LCU | 10 |
| 2010s | 348.89 billion current LCU | 316.68 billion current LCU | 418.89 billion current LCU | 10 |
| 2020s | 572.60 billion current LCU | 520.36 billion current LCU | 634.44 billion current LCU | 4 |
Countries ranked near Canada
More public sector data for Canada
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Frequently asked questions
- What is expense in Canada?
- Expense in Canada was 565.06 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Canada?
- The highest recorded value was 634.44 billion current LCU in 2020.
- What is the lowest expense recorded in Canada?
- The lowest recorded value was 167.62 billion current LCU in 1990.
- How does Canada rank for expense?
- Canada ranks 71st out of 157 countries with data for 2023.
- Is expense rising or falling in Canada?
- Over the last ten years it is up 73.9%. The long-run trend across the full record is rising.
- Where does this Canada data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.