In 2025, Canada raised 43.1% of GDP in general government revenue and spent 44.7% of GDP, a deficit of 1.7% of GDP.
Across the 28 years from 1998 to 2025, Canada ran a deficit in 16 years and a surplus in 12 years.
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| Year | Revenue, % GDP | Spending, % GDP | Balance, % GDP | Population |
|---|---|---|---|---|
| 2025 | 43.1 | 44.7 | -1.7 | 41,262,329 |
| 2024 | 43.0 | 45.1 | -2.1 | 41,262,329 |
| 2023 | 42.4 | 42.6 | -0.2 | 40,049,088 |
| 2022 | 41.8 | 41.2 | +0.6 | 38,950,132 |
| 2021 | 43.2 | 46.3 | -3.1 | 38,239,864 |
| 2020 | 42.3 | 53.2 | -10.9 | 38,028,638 |
| 2019 | 41.4 | 41.4 | -0.0 | 37,618,495 |
| 2018 | 41.8 | 41.5 | +0.4 | 37,072,620 |
| 2017 | 41.2 | 41.3 | -0.1 | 36,545,075 |
| 2016 | 41.1 | 41.6 | -0.5 | 36,110,803 |
| 2015 | 40.8 | 40.8 | -0.1 | 35,704,498 |
| 2014 | 39.3 | 39.2 | +0.2 | 35,434,066 |
| 2013 | 39.3 | 40.8 | -1.5 | 35,080,992 |
| 2012 | 39.2 | 41.7 | -2.5 | 34,713,395 |
| 2011 | 39.1 | 42.4 | -3.3 | 34,339,221 |
| 2010 | 39.2 | 43.9 | -4.7 | 34,005,902 |
| 2009 | 40.4 | 44.3 | -3.9 | 33,630,069 |
| 2008 | 39.8 | 39.6 | +0.2 | 33,247,298 |
| 2007 | 41.2 | 39.3 | +1.8 | 32,888,886 |
| 2006 | 41.3 | 39.5 | +1.8 | 32,571,193 |
| 2005 | 40.9 | 39.4 | +1.6 | 32,242,732 |
| 2004 | 40.7 | 40.0 | +0.8 | 31,938,807 |
| 2003 | 40.9 | 41.1 | -0.1 | 31,642,461 |
| 2002 | 40.9 | 41.2 | -0.2 | 31,359,199 |
| 2001 | 42.4 | 41.8 | +0.5 | 31,020,855 |
| 2000 | 43.9 | 41.2 | +2.6 | 30,685,730 |
| 1999 | 44.1 | 42.5 | +1.7 | 30,401,286 |
| 1998 | 44.2 | 44.1 | +0.1 | 30,155,173 |