General government budget balance in Canada, 2024

General government budget balance in 2024: Annual value — −2.1216 % of GDP. Comparison with the previous year and position in the series history. Official data — International Monetary Fund.

General government budget balance in 2024 — neighbouring years chart, Annual value −2.1216 % of GDP, source International Monetary Fund
General government budget balance in 2024 — value in the context of neighbouring years. Source: International Monetary Fund. forecasteconomy.com

General government budget balance in 2024

  • Value: −2.1216 % of GDP
  • Change vs 2023: −1.9592 % of GDP (−1,206.25 %)
  • Position in history: above the 46-year average (average — −2.8567 % of GDP)
  • Series maximum — 2.6397 % of GDP in 2000 (24 years ago)
  • Series minimum — −10.9491 % of GDP in 2020 (4 years ago)
  • Value date: 1 January 2024
  • Source: International Monetary Fund

Dynamics over neighbouring years

YearValue, % of GDP
2016−0.4532
2017−0.1124
20180.3599
2019−0.0173
2020−10.9491
2021−3.0571
20220.6167
2023−0.1624
2024−2.1216
2025−1.7655

Full history and interactive chart

Complete series for Canada — on the General government budget balance page.

Other years

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