Canada: Government expenditure
* indicates monthly or quarterly data series
The most recent value is 160.15 billion Canadian Dollar as of Q2 2024, a decline compared to the previous value of 164.16 billion Canadian Dollar. Historically, the average for Canada from Q1 1961 to Q2 2024 is 50.13 billion Canadian Dollar. The minimum of 1.52 billion Canadian Dollar was recorded in Q2 1961, while the maximum of 164.16 billion Canadian Dollar was reached in Q1 2024.
Click on the following link to see the values of: Government expenditure around the world.
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* indicates monthly or quarterly data series
- Measure: billion Canadian Dollar
- Source: Statistics Canada
| Recent values | Canada: Government expenditure, billion currency units |
|---|---|
| 2024 Q2 | 160.15 |
| 2024 Q1 | 164.16 |
| 2023 Q4 | 159.82 |
| 2023 Q3 | 152.3 |
| 2023 Q2 | 148.3 |
| 2023 Q1 | 153.85 |
| 2022 Q4 | 148.71 |
| 2022 Q3 | 143.31 |
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Definition: Total spending by all levels of government but excluding public enterprises.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 20.69 | 2022 | percent |
| Government spending, in dollars | 454.35 | 2023 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -1.30 | 2023 | percent |
| Government debt | 107.13 | 2023 | percent |
| Government expenditure | 152.30 | Q3/2023 | billion |
| Long-term government bond yield | 3.82 | 9/2023 | percent |
| Tax revenue | 12.83 | 2022 | percent |
| Commercial tax rate | 24.50 | 2019 | percent |
| Tax preparation time | 131 | 2019 | hours |
| Number of taxes | 8 | 2019 | taxes |
| Taxes on goods and services | 14.07 | 2022 | percent |
| Taxes on international trade | 1.26 | 2022 | percent |
| Income and profits taxes | 55.09 | 2022 | percent |