Prices & public finance · North America · High income
Canada: prices, money and public finance
Inflation is 2.1% (2025), 121st of 180 in the world and 2nd of 2 in North America. GDP deflator is 2.6% (2025), 136th of 209 in the world and 3rd of 3 in North America. Lending rate is 2.7% (2017), 134th of 136 in the world and 2nd of 2 in North America.
Inflation
CanadaNorth AmericaHigh incomeWorld
GDP deflator
CanadaNorth AmericaHigh incomeWorld
13 indicators
Prices & public finance: Canada in detail
Latest reported value, world rank and rank within North America; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| InflationInflation, consumer prices, annual % | 2.1%2025 | 121/180 | 2/2 | 2.7% | 1.8% | 0.7% | +0.9 ppsince 2015 | 2.7% | 2.3% | 3.0% | |
| GDP deflatorInflation, GDP deflator, annual % | 2.6%2025 | 136/209 | 3/3 | 4.4% | 2.8% | 1.1% | +3.4 ppsince 2015 | 2.7% | 2.6% | 3.3% | |
| Lending rateLending interest rate, % | 2.7%2017 | 134/136 | 2/2 | 7.3% | 2.6% | · | −3.4 ppsince 2007 | — | — | — | |
| Real interest rateReal interest rate, % | 0.1%2017 | 114/136 | 1/2 | 2.8% | -0.2% | · | −2.6 ppsince 2007 | — | — | — | |
| Exchange rateOfficial exchange rate, local currency per US$ | 1.402025 | 155/210 | 1/3 | 1.49 | 1.03 | 1.34 | +9.3%since 2015 | — | — | — | |
| Tax revenueTax revenue, % of GDP | 13.7%2024 | 93/142 | 1/2 | 14.9% | 11.7% | 13.5% | +1.9 ppsince 2014 | 11.0% | 15.3% | 13.9% | |
| Government revenueGovernment revenue excluding grants, % of GDP | 19.9%2024 | 96/142 | 1/2 | 20.9% | 16.9% | 19.0% | +3.0 ppsince 2014 | 18.0% | 26.3% | 24.0% | |
| Government expenseGovernment expense, % of GDP | 19.1%2023 | 105/142 | 2/2 | 18.8% | 19.1% | 28.6% | +2.0 ppsince 2013 | 24.0% | 30.1% | 28.5% | |
| Government debtCentral government debt, % of GDP | 64.1%2024 | 26/78 | 2/2 | 58.7% | 53.1% | 74.6% | +12.7 ppsince 2014 | 111.4% | — | — | |
| Private creditDomestic credit to private sector, % of GDP | 124.1%2008 | — | — | 74.0% | 124.1%2008 | · | +44.2 ppsince 1998 | 201.3% | 152.1% | 140.3% | |
| Broad moneyBroad money, % of GDP | 122.6%2008 | — | — | 71.1% | 122.6%2008 | · | +48.2 ppsince 1998 | 99.7% | 138.4% | 135.7% | |
| Reserves, months of importsTotal reserves in months of imports | 1.62025 | 143/165 | 2/2 | 1.2 | 1.2 | 1.8 | +3.4%since 2015 | 2.7 | 7.9 | 8.6 | |
| Military spendingMilitary expenditure, % of GDP | 1.63%2025 | 82/156 | 2/2 | 1.11% | 1.19% | 1.42% | +0.5 ppsince 2015 | 3.01% | 2.80% | 2.48% |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
Better than ten years ago
- Reserves, months of imports+3.4%1.6 in 2025
Worse than ten years ago
- Inflation+0.9 pp2.1% in 2025
- Government debt+12.7 pp64.1% in 2024
Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).
neighbours
Canada and its neighbours
Countries sharing a land border with Canada. Latest values since 2005; the highest in each row is marked.
| Indicator | Canada | United States |
|---|---|---|
| Inflation | 2.1%2025 | 2.9%2024 |
| GDP deflator | 2.6%2025 | 2.8%2025 |
| Lending rate | 2.7%2017 | 3.2%2021 |
| Real interest rate | 0.1%2017 | -1.3%2021 |
| Exchange rate | 1.402025 | 1.002025 |
| Tax revenue | 13.7%2024 | 10.8%2024 |
| Government revenue | 19.9%2024 | 17.8%2024 |
| Government expense | 19.1%2023 | 24.4%2023 |
| Government debt | 64.1%2024 | 115.8%2024 |