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Canada Government Budget: Revenues and Spending

Canada Government Budget Data

Indicator Data Period
Government Budget Value -3870 CAD Million | -2.798 B USD Jul/22
Government Spending 455909 CAD Million | 329.571 B USD 2Q/22
Government Revenues 35238 CAD Million | 25.473 B USD Jul/22
Government Budget to GDP -4.7 % 2021


Latest data on Government Budget Value (CAD Million)

Government Budget Value
                     Canada - Historical Data (CAD Million)

How much is Canada Government Budget?

  • The surplus of government budget in Canada decreased to 3870 CAD Million (2.798 B USD) in July 2022. The maximum surplus was 5770 CAD Million and deficit was -43932 CAD Million.
  • Data published Monthly by Department of Finance.

Historical Data (CAD Million) by years

Data
Period
Date
-3870 Jul/22 23.09.2022
4880 Jun/22 26.08.2022
2661 May/22 29.07.2022
-25750 Mar/22 27.05.2022
5470 Feb/22 29.04.2022
-5180 Jan/22 25.03.2022
3583 Dec/21 25.02.2022
-1440 Nov/21 28.01.2022


Historical Chart by prime ministers (CAD Million)

Government Budget Value in Canada by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Justin Trudeau 04.11.2015 - 377.0000 -10630.0000 2826.0000 -10630.0000 -2919.63%


Latest data on Government Spending (CAD Million)

Government Spending
                     Canada - Historical Data (CAD Million)

What is current Canada Government Spending?

  • Government Spending in Canada increased to 455909 CAD Million (329.571 B USD) in the second quarter of 2022. The maximum volume was 440315 CAD Million and minimum was 91244 CAD Million
  • Data published Quarterly by Statistics.

Historical Data (CAD Million) by years

Data
Period
Date
455909 2Q/22 03.09.2022
455125 1Q/22 31.05.2022
446939 4Q/21 01.03.2022
445787 3Q/21 18.01.2022
447597 2Q/21 31.08.2021
440315 1Q/21 01.06.2021
427753 4Q/20 02.03.2021
425273 3Q/20 01.12.2020


Historical Chart by prime ministers (CAD Million)

Government Spending in Canada by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Justin Trudeau 04.11.2015 - 350974.0000 364860.0000 364860.0000 350974.0000 3.96%


Latest data on Government Revenues (CAD Million)

Government Revenues
                     Canada - Historical Data (CAD Million)

How much is Canada Government Revenue?

  • Government Revenues in Canada decreased to 35238 CAD Million (25.473 B USD) in July 2022. The maximum volume was 34517 CAD Million and minimum was 3384 CAD Million
  • Data published Monthly by Department of Finance.

Historical Data (CAD Million) by years

Data
Period
Date
35238 Jul/22 24.09.2022
36217 Jun/22 27.08.2022
35953 May/22 29.07.2022
39403 Mar/22 28.05.2022
43200 Feb/22 29.04.2022
35869 Jan/22 25.03.2022
39152 Dec/21 25.02.2022
31868 Nov/21 28.01.2022


Historical Chart by prime ministers (CAD Million)

Government Revenues in Canada by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Justin Trudeau 04.11.2015 - 26700.0000 26700.0000 26700.0000 26700.0000 0.00%


Latest data on Government Budget to GDP (%)

Government Budget to GDP
                     Canada - Historical Data (%)

What is the deficit of Canada Government Budget?

  • The deficit of Current Account to GDP in Canada increased to 4.7 % in 2021. The maximum surplus was 5.1 % and deficit was -15.9 %.
  • Data published Yearly by Department of Finance.

Historical Data (%) by years

Data
Period
Date
-4.7 2021 06.06.2022
-14.9 2020 22.02.2021
-1.5 2019 08.07.2020
-0.7 2018 04.07.2019


Historical Chart by prime ministers (%)

Government Budget to GDP in Canada by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other budget indicators in Canada

Index Updated Actual Previous
Government Debt to GDP 2020 118 % 86.8
Fiscal Expenditure  Jul/22 25.391 B USD 20.268
Military Expenditure 2020 22.854 B USD 22.204

Government Budget to GDP in other countries

Country Updated Actual Previous
Colombia 2021 -7.1 % -7.8
Panama 2021 -7.12 % -9.13
Honduras 2020 -6.9 % -2.4
Brazil 2021 -4.5 % -13.4
Chile 2021 -7.5 % -7.1
Paraguay 2021 -5.5 % -7.3
Argentina 2021 -4.5 % -8.5
Canada 2021 -4.7 % -14.9
Ecuador 2020 -8.9 % -3.2
Mexico 2021 -3.8 % -4.6
Peru 2021 -2.6 % -8.9
United States 2021 -16.7 % -14.9
Uruguay 2021 -3.8 % -5.1
Jamaica 2021 0.3 % -3.1
Suriname 2020 -12.9 % -11
Venezuela 2021 -4.5 % -4.9
Belize 2021 -3.3 % -10.7
Cameroon 2021 -3.1 % -3.9
Cape Verde 2021 -7.6 % -8.9
Cuba 2021 -11.7 % -17.7
Dominican Republic 2021 -2.8 % -7.91
El Salvador 2020 -9.2 % -1.8
Guyana 2020 -5.3 % -4.6
Haiti 2020 -5.9 % -2.28
Nicaragua 2020 -1 % 0.3
Trinidad and Tobago 2021 -11 % -11.3