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Canada—Government Expense (% of GDP)

Category: Fiscal & MonetarySource: World Bank World Development Indicators ↗Global Rank: #103 of 138Series years: 2000–2023
Latest Value
19.1%
2023
YoY Change
+4.9%
2022 → 2023
Global Rank
#103
of 138 countries
Maximum
28.6%
2020
Minimum
16.4%
2014
CAGR
+0.1%
24 years
Last
19.1%
Previous
18.2%
Highest
28.6%
Lowest
16.4%
Unit
% of GDP
Source
World Bank World Development Indicators

Canada's government expense (% of GDP) was 19.1% in 2023, ranking #103 out of 138 countries. This represents a +4.9% change from 2022. Over the past 24 years, the highest recorded value was 28.6% (2020) and the lowest was 16.4% (2014). Data sourced from the World Bank World Development Indicators.

Canada — Government Expense (% of GDP): 19.0564147253424 % of GDP for reference year 2023. Source: World Bank (World Development Indicators). Reference year does not establish final observed status; publisher vintage is not verified here.
Source: World Bank World Development Indicators

Historical Data

YearValueChange
202319.1%+4.9%
202218.2%-19.2%
202122.5%-21.3%
202028.6%+57.8%
201918.1%+3.2%
201817.5%-0.4%
201717.6%+0.6%
201617.5%+2.6%
201517.1%+4.0%
201416.4%-4.0%
201317.1%-2.5%
201217.5%-1.9%
201117.9%-6.5%
201019.1%+1.2%
200918.9%+10.4%
200817.1%+0.7%
200717.0%-0.4%
200617.0%-4.5%
200517.8%+3.2%
200417.3%-4.3%
200318.0%+0.4%
200218.0%-4.0%
200118.7%-0.3%
200018.8%

Top Countries — Government Expense (% of GDP)

#CountryValueYear
1Naoero103.6%2020
2Kiribati83.7%2023
3Ukraine65.6%2023
4Marshall Islands59.4%2020
5Palau59.0%2020
6Timor-Leste52.5%2022
7Greece47.3%2023
8Italy47.3%2023
9France47.3%2023
10Austria46.0%2023
View all 138 countries →

About This Indicator

Definition

Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Methodology

Original contributors: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD)

Unit

% of GDP

Source: World Bank (World Development Indicators)View original source →