Expense in Canada
Canada: Expense was 19.1% in 2023. ▼ Falling
Expense in Canada, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for expense in Canada is 19.1%, measured in 2023.
That represents a change of up 4.9% on the previous year and up 11.5% over ten years.
Over the whole period, expense in Canada peaked at 28.6% in 2020 and was at its lowest, 16.4%, in 2014.
That places Canada 115th out of 157 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 34 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 23.0% | 19.8% | 25.5% | 10 |
| 2000s | 17.9% | 17.0% | 18.9% | 10 |
| 2010s | 17.6% | 16.4% | 19.1% | 10 |
| 2020s | 22.1% | 18.2% | 28.6% | 4 |
Countries ranked near Canada
More economy & growth data for Canada
- DEC alternative conversion factor 1.4 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -6.38 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -4.56 billion current US$ (2025)
- Taxes less subsidies on products 202.56 billion current LCU (2025)
- Taxes less subsidies on products 144.88 billion current US$ (2025)
- Net primary income (Net income from abroad) -43.38 billion current LCU (2025)
- Net primary income (Net income from abroad) -31.03 billion current US$ (2025)
- GNI per capita 77,957 current LCU (2025)
- GNI per capita, Atlas method 56,420 current US$ (2025)
- GNI 3.25 trillion current LCU (2025)
Frequently asked questions
- What is expense in Canada?
- Expense in Canada was 19.1% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Canada?
- The highest recorded value was 28.6% in 2020.
- What is the lowest expense recorded in Canada?
- The lowest recorded value was 16.4% in 2014.
- How does Canada rank for expense?
- Canada ranks 115th out of 157 countries with data for 2023.
- Is expense rising or falling in Canada?
- Over the last ten years it is up 11.5%. The long-run trend across the full record is falling.
- Where does this Canada data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.