Government budget balance fell 91.0% to -25.5 in Canada in 2017, according to the National Statistical Office.
Historically, government budget balance in Canada reached an all time high of 15.3 in 2005 and an all time low of -63.5 in 2010. When compared to Canada's main peers, government budget balance in Australia amounted to -26.9, -517 in Mexico, -36.3 in United Kingdom and -782 in USA in 2017.
Canada has been ranked 43rd within the group of 84 countries we follow in terms of government budget balance, 21 places below the position seen 10 years ago.
| Government Budget Balance (Local Currency) | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| Australia | -26.9 | -21.9 | -19.3 | -7.31 | 3.26 | |||||||||||||||||
| Belgium | -6.23 | -5.40 | -8.23 | -7.50 | -7.53 | |||||||||||||||||
| Belize | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |||||||||||
| Canada | -25.5 | -32.2 | -30.0 | -28.0 | -28.3 | |||||||||||||||||
| China | -3,254 | -3,694 | -4,318 | -4,572 | -4,819 | |||||||||||||||||
| France | -56.5 | -57.6 | -69.0 | -60.5 | -69.1 | |||||||||||||||||
| Germany | 28.9 | 34.6 | 24.3 | 23.1 | 11.2 | |||||||||||||||||
| Guatemala | -7.09 | -7.93 | -10.5 | -12.9 | -15.7 | |||||||||||||||||
| Honduras | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||||||||||||
| Indonesia | -308,433 | -318,515 | -285,736 | -306,441 | -338,175 | |||||||||||||||||
| Ireland | -2.49 | -2.43 | -1.83 | -0.564 | -0.396 | |||||||||||||||||
| Japan | -22,824 | -20,382 | -15,805 | -12,214 | -11,749 | |||||||||||||||||
| Malaysia | -42.4 | -37.8 | -38.9 | -41.0 | -41.8 | |||||||||||||||||
| Mexico | -517 | -619 | -658 | -685 | -716 | |||||||||||||||||
| New Zealand | 4.11 | 2.78 | 3.09 | 4.12 | 5.27 | |||||||||||||||||
| Papua New Guinea | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| USA | -782 | -1,040 | -1,194 | -1,198 | -1,253 | |||||||||||||||||
| United Kingdom | -36.3 | -41.2 | -37.6 | -33.5 | -30.8 |
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