Report for Selected Countries and Subjects: October 2020
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Source: Ministry of Finance or Treasury
Latest actual data: 2019
Notes: Fiscal data are on a calendar year basis. Government financial assets (used for the calculation of net debt) include currency and deposits, accounts receivable, short-term and other bonds, investment fund shares, loans, and equity.
Fiscal assumptions: Projections use baseline forecasts in the federal Economic and Fiscal Update 2019, the Economic and Fiscal Snapshot 2020, and the latest provincial budgets. The IMF staff makes some adjustments to this forecast, including for differences in macroeconomic projections. The IMF staff forecast also incorporates the most recent data releases from Statistics Canada’s Canadian System of National Economic Accounts, including federal, provincial, and territorial budgetary outturns through Q1 2020.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001. Comment: Preliminary data: based on quarterly data.
Basis of recording: Accrual
General government includes: Central Government; State Government; Local Government; Social Security Funds; Other;
Valuation of public debt: Face value
Instruments included in gross and net debt: Securities Other than Shares ;Loans; Other Accounts Receivable/Payable; Other;. Gross debt includes debt securities, loans, life insurance and pension, and other accounts payable but excludes unfunded pension liabilities. Net debt is estimated as gross debt minus financial assets which include currency and deposits, debt securities, loans, equity and investment fund shares, and accounts receivable.
Primary domestic currency: Canadian dollar
Data last updated: 09/2020
1,995.843
2,041.671
2,472.262
2,673.415
2,803.190
2,877.490
2,913.652
2,919.284
2019
Canada
General government gross debt
Percent of GDP
See notes for:
General government gross debt (National currency).
89.747
88.619
114.648
114.972
114.671
112.831
110.017
106.243
2019
International Monetary Fund, World Economic Outlook Database October 2020