Share of government expenditure going to interest payments in Canada
Canada: Share of government expenditure going to interest payments was 7.62 in 2023. ◆ Volatile
Share of government expenditure going to interest payments in Canada, 1990–2023
Source: Our World in Data.
Analysis
In 2023, share of government expenditure going to interest payments in Canada stood at 7.62.
The figure is up 26.1% on the previous year and down 9.2% over ten years.
Over the whole period, share of government expenditure going to interest payments in Canada peaked at 25.14 in 1990 and was at its lowest, 3.68, in 2020.
That places Canada 72nd out of 152 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Share of government expenditure going to interest payments in Canada, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 25.14 | — |
| 1991 | 23.21 | -7.7% |
| 1992 | 21.69 | -6.5% |
| 1993 | 21.03 | -3.1% |
| 1994 | 21.49 | +2.2% |
| 1995 | 23.9 | +11.2% |
| 1996 | 23.77 | -0.6% |
| 1997 | 23.67 | -0.4% |
| 1998 | 23.32 | -1.5% |
| 1999 | 22.11 | -5.2% |
| 2000 | 21.97 | -0.6% |
| 2001 | 19.69 | -10.4% |
| 2002 | 17.31 | -12.1% |
| 2003 | 15.7 | -9.3% |
| 2004 | 14.66 | -6.6% |
| 2005 | 12.81 | -12.6% |
| 2006 | 12.76 | -0.4% |
| 2007 | 11.93 | -6.5% |
| 2008 | 10.83 | -9.3% |
| 2009 | 9.35 | -13.6% |
| 2010 | 8.89 | -4.9% |
| 2011 | 9.12 | +2.5% |
| 2012 | 8.54 | -6.3% |
| 2013 | 8.4 | -1.7% |
| 2014 | 7.71 | -8.2% |
| 2015 | 7.01 | -9.0% |
| 2016 | 6.36 | -9.3% |
| 2017 | 5.87 | -7.7% |
| 2018 | 6.29 | +7.1% |
| 2019 | 6.16 | -1.9% |
| 2020 | 3.68 | -40.3% |
| 2021 | 4.4 | +19.7% |
| 2022 | 6.04 | +37.2% |
| 2023 | 7.62 | +26.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 22.93 | 21.03 | 25.14 | 10 |
| 2000s | 14.7 | 9.35 | 21.97 | 10 |
| 2010s | 7.43 | 5.87 | 9.12 | 10 |
| 2020s | 5.44 | 3.68 | 7.62 | 4 |
Countries ranked near Canada
More reference data data for Canada
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 2.05 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 3.92 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 20.47 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.92 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 20.47 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 6.86 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 7.45 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 22.03 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 99.83 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 15.88 (2050)
Frequently asked questions
- What is share of government expenditure going to interest payments in Canada?
- Share of government expenditure going to interest payments in Canada was 7.62 in 2023, according to Our World in Data.
- What is the highest share of government expenditure going to interest payments recorded in Canada?
- The highest recorded value was 25.14 in 1990.
- What is the lowest share of government expenditure going to interest payments recorded in Canada?
- The lowest recorded value was 3.68 in 2020.
- How does Canada rank for share of government expenditure going to interest payments?
- Canada ranks 72nd out of 152 countries with data for 2023.
- Is share of government expenditure going to interest payments rising or falling in Canada?
- Over the last ten years it is down 9.2%. The long-run trend across the full record is volatile.
- Where does this Canada data come from?
- The figures come from Our World in Data, published as part of Share of government expenditure going to interest payments. Statizoid updates them automatically from the source API.
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