Argentina vs Canada

Argentina vs Canada: Government debt

Government debt in 2025: 80.1% of GDP in Argentina and 113.6% of GDP in Canada, by IMF estimates. In 2025 the value was higher in Canada, by 33.5 percentage points, or 1.42 times that in Argentina.

% of GDP · IMF

Argentina vs Canada: Government debtGovernment debt in 2025: 80.1% of GDP in Argentina and 113.6% of GDP in Canada, by IMF estimates. In 2025 the value was higher in Canada, by 33.5 percentage points, or 1.42 times that in Argentina.
ArgentinaCanadaIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Canada has been higher since 2024, when it overtook Argentina.
  • In 2025, Argentina ranked 32 and Canada ranked 8 of 149 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Argentina at 53.9% of GDP and Canada at 107% of GDP in 2031.

Every year

% of GDP · IMF

YearArgentinaCanada
202580.1113.6
202484.6110
2023153.4105.1
202284.3103.5
202181112.6
2020103.8118.1
201989.890.1
201885.390.8
20175791
201653.192.5
201552.692.3
201444.785.8
201343.587.7
201240.487
201138.984.3
201043.584
200955.481.8
200853.870.4
200762.167.2
200670.869.9
200580.370.6
2004117.971.9
2003125.275.9
2002147.279.6
20014881.5
200040.880.4
199938.989
199834.293.3
199731.795.3
199632.6100.2
199530.8100.1
199428.497.5
199326.994.7
19922588.2
1991–81.7
1990–73.7
1989–71
1988–69.8
1987–69.8
1986–69.3
1985–65.2
1984–60.2
1983–57.2
1982–51.7
1981–46.1
1980–44.6
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearArgentinaCanada
202669.4115.6
202770.4113.4
202865.6111.8
202960.3110.4
203056.7108.8
203153.9107

Each country on its own

Good to know

  • What the government owes, as a share of the economy’s yearly output.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 149 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

Argentina vs Canada

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