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Canada Government Budget: Revenues and Spending

Canada Government Budget Data

Indicator Data Period
Government Budget Value -4860 CAD Million | -3.574 B USD Jul/23
Government Spending 465615 CAD Million | 342.44 B USD 2Q/23
Government Revenues 35375 CAD Million | 26.017 B USD Jul/23
Government Budget to GDP -3.6 % 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 4860 CAD Million (3.574 B USD) in July 2023. 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
-4860 Jul/23 29.09.2023
2105 Jun/23 25.08.2023
3346 May/23 28.07.2023
-44405 Mar/23 26.05.2023
9530 Feb/23 28.04.2023
-910 Jan/23 28.03.2023
-1983 Dec/22 24.02.2023
-3380 Nov/22 27.01.2023


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 465615 CAD Million (342.44 B USD) in the second quarter of 2023. 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
465615 2Q/23 06.09.2023
465302 1Q/23 03.06.2023
467362 4Q/22 28.02.2023
462759 3Q/22 29.11.2022
455909 2Q/22 03.09.2022
455125 1Q/22 31.05.2022
446939 4Q/21 01.03.2022
445787 3Q/21 18.01.2022


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 35375 CAD Million (26.017 B USD) in July 2023. 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
35375 Jul/23 30.09.2023
37617 Jun/23 26.08.2023
37917 May/23 29.07.2023
37643 Mar/23 27.05.2023
44544 Feb/23 29.04.2023
38815 Jan/23 01.04.2023
35326 Dec/22 25.02.2023
30932 Nov/22 04.02.2023


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 3.6 % 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
-3.6 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 2022 107 % 113
Fiscal Expenditure  Jul/23 26.154 B USD 22.738
Military Expenditure 2022 26.896 B USD 25.362

Government Budget to GDP in other countries

Country Updated Actual Previous
Colombia 2022 -4.3 % -7.1
Panama 2022 -4.06 % -6.67
Honduras 2022 -1.29 % -4.96
Brazil 2022 -4.6 % -4.3
Chile 2022 1.1 % -7.5
Paraguay 2021 -4 % -6.1
Argentina 2022 -2.4 % -3.1
Canada 2021 -3.6 % -14.9
Ecuador 2022 -0.86 % -1.59
Mexico 2022 -3.4 % -3.8
Peru 2022 -1.7 % -2.5
United States 2022 -5.8 % -12.4
Uruguay 2022 -3 % -3.7
Jamaica 2022 0.3 % 0.9
Suriname 2022 -0.9 % 1.7
Venezuela 2021 -4.5 % -4.9
Belize 2022 -0.4 % -1.3
Cameroon 2022 -1.9 % -2.4
Cape Verde 2022 -4.2 % -7.3
Cuba 2021 -11.7 % -17.7
Dominican Republic 2022 -3.34 % -2.8
El Salvador 2022 -1.81 % -4.81
Guyana 2022 -11.8 % -6.8
Haiti 2022 0.66 % -3.14
Nicaragua 2022 0.8 % -1.6
Trinidad and Tobago 2022 0.6 % -7.74