Tax revenue (current LCU), annual growth rate in Canada
Canada: Tax revenue (current LCU), annual growth rate was 4.66 % change on previous year in 2024. ◆ Volatile
Tax revenue (current LCU), annual growth rate in Canada, 1991–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Canada recorded 4.66 % change on previous year for tax revenue (current lcu), annual growth rate in 2024.
That represents a change of up 21.3% on the previous year and down 28.8% over ten years.
Over the whole period, tax revenue (current lcu), annual growth rate in Canada peaked at 18.23 % change on previous year in 2021 and was at its lowest, -5.83 % change on previous year, in 2009.
That places Canada 113th out of 156 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Tax revenue (current LCU), annual growth rate in Canada, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | 2.94 % change on previous year | — |
| 1992 | 1.74 % change on previous year | -40.8% |
| 1993 | -0.7899 % change on previous year | -145.3% |
| 1994 | 1.52 % change on previous year | -292.7% |
| 1995 | 6.72 % change on previous year | +341.6% |
| 1996 | 7.99 % change on previous year | +19.0% |
| 1997 | 10.71 % change on previous year | +34.0% |
| 1998 | 4.43 % change on previous year | -58.7% |
| 1999 | 7.39 % change on previous year | +67.0% |
| 2000 | 10.92 % change on previous year | +47.6% |
| 2001 | -1.23 % change on previous year | -111.3% |
| 2002 | -1.62 % change on previous year | +31.3% |
| 2003 | 3.95 % change on previous year | -344.0% |
| 2004 | 7.39 % change on previous year | +87.2% |
| 2005 | 6.07 % change on previous year | -17.9% |
| 2006 | 5.66 % change on previous year | -6.7% |
| 2007 | 5.31 % change on previous year | -6.2% |
| 2008 | -2.41 % change on previous year | -145.3% |
| 2009 | -5.83 % change on previous year | +142.2% |
| 2010 | 1.1 % change on previous year | -118.9% |
| 2011 | 7.13 % change on previous year | +546.8% |
| 2012 | 1.78 % change on previous year | -75.1% |
| 2013 | 3.74 % change on previous year | +110.4% |
| 2014 | 6.54 % change on previous year | +74.7% |
| 2015 | 4.69 % change on previous year | -28.3% |
| 2016 | 2.64 % change on previous year | -43.7% |
| 2017 | 6.66 % change on previous year | +152.3% |
| 2018 | 8.13 % change on previous year | +22.1% |
| 2019 | 0.9797 % change on previous year | -87.9% |
| 2020 | 1.83 % change on previous year | +86.9% |
| 2021 | 18.23 % change on previous year | +896.0% |
| 2022 | 10.53 % change on previous year | -42.2% |
| 2023 | 3.84 % change on previous year | -63.5% |
| 2024 | 4.66 % change on previous year | +21.3% |
Canada compared with similar countries
- Canada's 4.66 % change on previous year is below the median for high income countries, which is 8.13 % change on previous year, 57% of the median. (57 countries reporting)
Biggest year-on-year movements
Years where Tax revenue (current LCU), annual growth rate 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 |
|---|---|---|---|
| 2021 | +896.0% | 1.83 % change on previous year | 18.23 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.74 % change on previous year | -0.7899 % change on previous year | 10.71 % change on previous year | 9 |
| 2000s | 2.82 % change on previous year | -5.83 % change on previous year | 10.92 % change on previous year | 10 |
| 2010s | 4.34 % change on previous year | 0.9797 % change on previous year | 8.13 % change on previous year | 10 |
| 2020s | 7.82 % change on previous year | 1.83 % change on previous year | 18.23 % change on previous year | 5 |
Countries ranked near Canada
- 110 United Kingdom 5.12 % change on previous year compare
- 111 Malaysia 4.8 % change on previous year compare
- 112 Uruguay 4.67 % change on previous year compare
- 114 Papua New Guinea 4.65 % change on previous year compare
- 115 Belize 4.63 % change on previous year compare
- 116 Germany 4.55 % change on previous year compare
More public sector data for Canada
- Democracy, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is tax revenue (current lcu), annual growth rate in Canada?
- Tax revenue (current lcu), annual growth rate in Canada was 4.66 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest tax revenue (current lcu), annual growth rate recorded in Canada?
- The highest recorded value was 18.23 % change on previous year in 2021.
- What is the lowest tax revenue (current lcu), annual growth rate recorded in Canada?
- The lowest recorded value was -5.83 % change on previous year in 2009.
- How does Canada rank for tax revenue (current lcu), annual growth rate?
- Canada ranks 113th out of 156 countries with data for 2024.
- Is tax revenue (current lcu), annual growth rate rising or falling in Canada?
- Over the last ten years it is down 28.8%. The long-run trend across the full record is volatile.
- Where does this Canada data come from?
- The figures come from Statizoid (derived), published as part of Tax revenue (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Tax revenue (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Tax revenue Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Tax revenue (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.