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Interest Payments on Government Debt (As % of Government Expense) in Canada

Source: World Bank
Last Updated: July 1, 2023

Interest payments on government debt as a share of government expense reached 3.64% in 2020 in Canada, according to the National Statistical Office. This is 41.0% less than in the previous year.

Historically, interest payments on government debt as a share of government expense in Canada reached an all time high of 25.1% in 1990 and an all time low of 3.64% in 2020.

Canada has been ranked 74th within the group of 110 countries we follow in terms of interest payments on government debt as a share of government expense.

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