Canada: Long-term interest rate
* indicates monthly or quarterly data series
The most recent value is 3.42 percent as of June 2026, a decline compared to the previous value of 3.54 percent. Historically, the average for Canada from January 1960 to June 2026 is 6.25 percent. The minimum of 0.52 percent was recorded in July 2020, while the maximum of 17 percent was reached in September 1981.
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* indicates monthly or quarterly data series
- Measure: percent
- Definition: The current yield on a 10 year government bond. The yield on these instruments is typical used as the representative interest rate for a country.
- Source: OECD
| Recent values | Canada: Long-term interest rate |
|---|---|
| 2026  Jun | 3.42 |
| 2026  May | 3.54 |
| 2026  Apr | 3.52 |
| 2026  Mar | 3.44 |
| 2026  Feb | 3.29 |
| 2026  Jan | 3.4 |
| 2025  Dec | 3.39 |
| 2025  Nov | 3.17 |
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 21.91 | 2025 | percent |
| Government spending, in dollars | 508.18 | 2025 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -2.01 | 2024 | percent |
| Primary budget balance | -1.87 | 2024 | percent |
| Government expenditure | 188.91 | Q1/2026 | billion |
| Long-term interest rate | 3.42 | 6/2026 | percent |
| Tax revenue | 13.71 | 2024 | percent |
| Taxes on goods and services | 13.82 | 2024 | percent |
| Taxes on international trade | 0.92 | 2024 | percent |
| Income and profits taxes | 53.91 | 2024 | percent |
| Government debt | 111.30 | 2024 | percent |
| Government debt held by non-residents | 23.05 | 2024 | percent |
| Sovereign debt average maturity | 6.19 | 2024 | percent |
| Short-term government debt | 16.49 | 2024 | percent |