Canada vs Germany

Canada vs Germany: Government debt

Government debt in 2025: 113.6% of GDP in Canada and 62.7% of GDP in Germany, by IMF estimates. In 2025 the value was higher in Canada, by 50.9 percentage points, or 1.81 times that in Germany.

% of GDP · IMF

Canada vs Germany: Government debtGovernment debt in 2025: 113.6% of GDP in Canada and 62.7% of GDP in Germany, by IMF estimates. In 2025 the value was higher in Canada, by 50.9 percentage points, or 1.81 times that in Germany.
CanadaGermanyIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Canada has been higher in every year both have figures for since 1991.
  • In 2025, Canada ranked 8 and Germany ranked 51 of 149 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Canada at 107% of GDP and Germany at 75.6% of GDP in 2031.

Every year

% of GDP · IMF

YearCanadaGermany
2025113.662.7
202411061.4
2023105.161.8
2022103.564.1
2021112.667.4
2020118.167.5
201990.158.4
201890.860.5
20179163.7
201692.568.1
201592.371
201485.874.4
201387.777.4
20128779.8
201184.378.5
20108481
200981.872.4
200870.465.2
200767.263.7
200669.966.4
200570.667.1
200471.965
200375.963.3
200279.659.8
200181.558.1
200080.459.2
19998960.4
199893.359.4
199795.358.8
1996100.257.7
1995100.154.9
199497.547.5
199394.745.1
199288.241.4
199181.739
199073.7–
198971–
198869.8–
198769.8–
198669.3–
198565.2–
198460.2–
198357.2–
198251.7–
198146.1–
198044.6–
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearCanadaGermany
2026115.664.6
2027113.467
2028111.869.3
2029110.471.5
2030108.873.6
203110775.6

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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