Taxes less subsidies on products in Canada
Canada: Taxes less subsidies on products was 144.88 billion current US$ in 2025. ◆ Volatile
Taxes less subsidies on products in Canada, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2025, taxes less subsidies on products in Canada stood at 144.88 billion current US$.
The figure is down 3.5% on the previous year and up 38.6% over ten years.
Over the whole period, taxes less subsidies on products in Canada peaked at 150.09 billion current US$ in 2024 and was at its lowest, 6.91 billion current US$, in 1970.
Canada ranks 11th of 198 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.06 billion current US$ | 6.91 billion current US$ | 13.44 billion current US$ | 10 |
| 1980s | 24.37 billion current US$ | 12.96 billion current US$ | 43.15 billion current US$ | 10 |
| 1990s | 45.04 billion current US$ | 41.97 billion current US$ | 49.94 billion current US$ | 10 |
| 2000s | 74.81 billion current US$ | 50.94 billion current US$ | 97.39 billion current US$ | 10 |
| 2010s | 112.19 billion current US$ | 103.87 billion current US$ | 117.53 billion current US$ | 10 |
| 2020s | 137.40 billion current US$ | 101.81 billion current US$ | 150.09 billion current US$ | 6 |
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)
- 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)
- GNI 2.32 trillion current US$ (2025)
Frequently asked questions
- What is taxes less subsidies on products in Canada?
- Taxes less subsidies on products in Canada was 144.88 billion current US$ 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 150.09 billion current US$ in 2024.
- What is the lowest taxes less subsidies on products recorded in Canada?
- The lowest recorded value was 6.91 billion current US$ in 1970.
- How does Canada rank for taxes less subsidies on products?
- Canada ranks 11th 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 38.6%. 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 US$). Statizoid updates them automatically from the source API.
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About this data
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 indicator is expressed in United States dollars.