Taxes less subsidies on products in Canada

Canada: Taxes less subsidies on products was 202.56 billion current LCU in 2025. ◆ Volatile

Latest (2025)
202.56 billion current LCU
Change on year
down 1.4%
World rank
76th
of 198 countries
All-time high
205.53 billion current LCU
in 2024
All-time low
7.22 billion current LCU
in 1970
Years of data
56
1970–2025

Taxes less subsidies on products in Canada, 1970–2025

050.0B100.0B150.0B200.0B197019972025

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.

Analysis

Canada recorded 202.56 billion current LCU for taxes less subsidies on products in 2025.

That represents a change of down 1.4% on the previous year and up 51.6% over ten years.

Over the whole period, taxes less subsidies on products in Canada peaked at 205.53 billion current LCU in 2024 and was at its lowest, 7.22 billion current LCU, in 1970.

That places Canada 76th out of 198 countries with data for 2025, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 11.56 billion current LCU 7.22 billion current LCU 15.58 billion current LCU 10
1980s 30.74 billion current LCU 15.15 billion current LCU 51.09 billion current LCU 10
1990s 59.93 billion current LCU 49.86 billion current LCU 74.19 billion current LCU 10
2000s 93.66 billion current LCU 78.61 billion current LCU 104.61 billion current LCU 10
2010s 130.90 billion current LCU 107.00 billion current LCU 152.29 billion current LCU 10
2020s 183.64 billion current LCU 136.54 billion current LCU 205.53 billion current LCU 6

Countries ranked near Canada

  1. 73 Italy 243.42 billion current LCU compare
  2. 74 Central African Republic 209.12 billion current LCU compare
  3. 75 Morocco 202.95 billion current LCU compare
  4. 77 Romania 189.91 billion current LCU compare
  5. 78 Australia 177.87 billion current LCU compare
  6. 79 Israel 173.40 billion current LCU compare

See the full ranking of 198 places →

More economy & growth data for Canada

All data for Canada →

Frequently asked questions

What is taxes less subsidies on products in Canada?
Taxes less subsidies on products in Canada was 202.56 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest taxes less subsidies on products recorded in Canada?
The highest recorded value was 205.53 billion current LCU in 2024.
What is the lowest taxes less subsidies on products recorded in Canada?
The lowest recorded value was 7.22 billion current LCU in 1970.
How does Canada rank for taxes less subsidies on products?
Canada ranks 76th out of 198 countries with data for 2025.
Is taxes less subsidies on products rising or falling in Canada?
Over the last ten years it is up 51.6%. The long-run trend across the full record is volatile.
Where does this Canada data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Taxes less subsidies on products (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
198 places, 8,448 data points, 1960–2025
Last refreshed

Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.