Taxes on goods and services (current LCU), per unit of GDP in Canada
Canada: Taxes on goods and services (current LCU), per unit of GDP was 0.0378 current LCU per US$ of GDP in 2024. ▼ Falling
Taxes on goods and services (current LCU), per unit of GDP in Canada, 1990–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Canada recorded 0.0378 current LCU per US$ of GDP for taxes on goods and services (current lcu), per unit of gdp in 2024.
That represents a change of up 1.4% on the previous year and up 44.0% over ten years.
Over the whole period, taxes on goods and services (current lcu), per unit of gdp in Canada peaked at 0.0527 current LCU per US$ of GDP in 2002 and was at its lowest, 0.024 current LCU per US$ of GDP, in 2012.
Canada ranks 149th of 157 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 35 years of available data.
Taxes on goods and services (current LCU), per unit of GDP in Canada, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1990 | 0.0385 current LCU per US$ of GDP | — |
| 1991 | 0.0436 current LCU per US$ of GDP | +13.3% |
| 1992 | 0.0453 current LCU per US$ of GDP | +3.9% |
| 1993 | 0.0479 current LCU per US$ of GDP | +5.8% |
| 1994 | 0.0466 current LCU per US$ of GDP | -2.8% |
| 1995 | 0.0468 current LCU per US$ of GDP | +0.5% |
| 1996 | 0.0471 current LCU per US$ of GDP | +0.7% |
| 1997 | 0.0492 current LCU per US$ of GDP | +4.4% |
| 1998 | 0.0517 current LCU per US$ of GDP | +5.0% |
| 1999 | 0.05 current LCU per US$ of GDP | -3.2% |
| 2000 | 0.0482 current LCU per US$ of GDP | -3.7% |
| 2001 | 0.0499 current LCU per US$ of GDP | +3.6% |
| 2002 | 0.0527 current LCU per US$ of GDP | +5.7% |
| 2003 | 0.0471 current LCU per US$ of GDP | -10.7% |
| 2004 | 0.0426 current LCU per US$ of GDP | -9.6% |
| 2005 | 0.0386 current LCU per US$ of GDP | -9.3% |
| 2006 | 0.0339 current LCU per US$ of GDP | -12.1% |
| 2007 | 0.0301 current LCU per US$ of GDP | -11.2% |
| 2008 | 0.0256 current LCU per US$ of GDP | -15.1% |
| 2009 | 0.0297 current LCU per US$ of GDP | +16.0% |
| 2010 | 0.0267 current LCU per US$ of GDP | -10.2% |
| 2011 | 0.0243 current LCU per US$ of GDP | -8.9% |
| 2012 | 0.024 current LCU per US$ of GDP | -1.3% |
| 2013 | 0.0244 current LCU per US$ of GDP | +1.8% |
| 2014 | 0.0263 current LCU per US$ of GDP | +7.7% |
| 2015 | 0.0315 current LCU per US$ of GDP | +20.0% |
| 2016 | 0.033 current LCU per US$ of GDP | +4.7% |
| 2017 | 0.0327 current LCU per US$ of GDP | -1.0% |
| 2018 | 0.0324 current LCU per US$ of GDP | -0.8% |
| 2019 | 0.0333 current LCU per US$ of GDP | +2.7% |
| 2020 | 0.0346 current LCU per US$ of GDP | +4.0% |
| 2021 | 0.0336 current LCU per US$ of GDP | -3.0% |
| 2022 | 0.0346 current LCU per US$ of GDP | +2.9% |
| 2023 | 0.0373 current LCU per US$ of GDP | +7.8% |
| 2024 | 0.0378 current LCU per US$ of GDP | +1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0467 current LCU per US$ of GDP | 0.0385 current LCU per US$ of GDP | 0.0517 current LCU per US$ of GDP | 10 |
| 2000s | 0.0398 current LCU per US$ of GDP | 0.0256 current LCU per US$ of GDP | 0.0527 current LCU per US$ of GDP | 10 |
| 2010s | 0.0289 current LCU per US$ of GDP | 0.024 current LCU per US$ of GDP | 0.0333 current LCU per US$ of GDP | 10 |
| 2020s | 0.0356 current LCU per US$ of GDP | 0.0336 current LCU per US$ of GDP | 0.0378 current LCU per US$ of GDP | 5 |
Countries ranked near Canada
- 146 Nauru 0.0532 current LCU per US$ of GDP compare
- 147 Singapore 0.0508 current LCU per US$ of GDP compare
- 148 Switzerland 0.0445 current LCU per US$ of GDP compare
- 150 Panama 0.0351 current LCU per US$ of GDP compare
- 151 East Timor 0.0315 current LCU per US$ of GDP compare
- 152 United Arab Emirates 0.0238 current LCU per US$ of GDP 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 taxes on goods and services (current lcu), per unit of gdp in Canada?
- Taxes on goods and services (current lcu), per unit of gdp in Canada was 0.0378 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), per unit of gdp recorded in Canada?
- The highest recorded value was 0.0527 current LCU per US$ of GDP in 2002.
- What is the lowest taxes on goods and services (current lcu), per unit of gdp recorded in Canada?
- The lowest recorded value was 0.024 current LCU per US$ of GDP in 2012.
- How does Canada rank for taxes on goods and services (current lcu), per unit of gdp?
- Canada ranks 149th out of 157 countries with data for 2024.
- Is taxes on goods and services (current lcu), per unit of gdp rising or falling in Canada?
- Over the last ten years it is up 44.0%. The long-run trend across the full record is falling.
- Where does this Canada data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes on goods and services (current LCU) ÷ GDP (current US$)
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.