Canada vs France

Canada vs France: Government debt

Government debt in 2025: 113.6% of GDP in Canada and 115.5% of GDP in France, by IMF estimates. In 2025 the value was higher in France, by 1.9 percentage points, or 1.02 times that in Canada.

Watch it change on the map

% of GDP · IMF

Canada vs France: Government debtGovernment debt in 2025: 113.6% of GDP in Canada and 115.5% of GDP in France, by IMF estimates. In 2025 the value was higher in France, by 1.9 percentage points, or 1.02 times that in Canada.
CanadaFranceIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • France has been higher since 2021, when it overtook Canada.
  • In 2025, Canada ranked 8 and France ranked 7 of 149 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Canada at 107% of GDP and France at 123.6% of GDP in 2031.

Every year

% of GDP · IMF

YearCanadaFrance
2025113.6115.5
2024110112.6
2023105.1109.5
2022103.5111.4
2021112.6112.8
2020118.1114.9
201990.198.2
201890.898.5
20179198.8
201692.598.2
201592.397
201485.896.2
201387.794.6
20128791.7
201184.388.8
20108486.3
200981.884.1
200870.469.8
200767.265.5
200669.965.4
200570.668.2
200471.966.9
200375.965.4
200279.661.3
200181.559.3
200080.459.7
19998961.4
199893.362.1
199795.362
1996100.260.6
1995100.157.8
199497.551.6
199394.748.2
199288.241.7
199181.737.8
199073.736.8
19897135.5
198869.834.7
198769.834.8
198669.332.4
198565.231.9
198460.230.2
198357.227.7
198251.726.2
198146.122.7
198044.621.3
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearCanadaFrance
2026115.6118.5
2027113.4120.4
2028111.8121.7
2029110.4122.6
2030108.8123.2
2031107123.6

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

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