Other expense in Canada
Canada: Other expense was 6.2% in 2023. ▲ Rising
Other expense in Canada, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2023, other expense in Canada stood at 6.2%. That is the highest value across all 34 years on record.
That represents a change of up 7.7% on the previous year and up 28.5% over ten years.
Over the whole period, other expense in Canada peaked at 6.2% in 2023 and was at its lowest, 4.0%, in 1995.
That places Canada 79th out of 147 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.5% | 4.0% | 5.1% | 10 |
| 2000s | 5.1% | 4.7% | 5.5% | 10 |
| 2010s | 4.8% | 4.6% | 5.2% | 10 |
| 2020s | 5.2% | 4.2% | 6.2% | 4 |
Countries ranked near Canada
More public sector data for Canada
- Arms imports 149.00 million SIPRI trend indicator values (2024)
- Tax revenue 13.7% (2024)
- Taxes on income, profits and capital gains 53.9% (2024)
- Taxes on goods and services 13.8% (2024)
- Net investment in nonfinancial assets 0.6% (2024)
- Net lending (+) / net borrowing (-) -1.2% (2024)
- Interest payments 8.4% (2024)
- Grants and other revenue 7.9% (2024)
- Interest payments 7.6% (2023)
- Compensation of employees 10.2% (2023)
Frequently asked questions
- What is other expense in Canada?
- Other expense in Canada was 6.2% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest other expense recorded in Canada?
- The highest recorded value was 6.2% in 2023.
- What is the lowest other expense recorded in Canada?
- The lowest recorded value was 4.0% in 1995.
- How does Canada rank for other expense?
- Canada ranks 79th out of 147 countries with data for 2023.
- Is other expense rising or falling in Canada?
- Over the last ten years it is up 28.5%. 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 Other expense (% of expense). Statizoid updates them automatically from the source API.
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CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.