Canada vs Iran

Canada vs Iran: Government debt

Government debt: 113.6% of GDP in Canada in 2025 and 31.2% of GDP in Iran in 2024, by IMF estimates. In 2024 the value was higher in Canada, by 78.8 percentage points, or 3.52 times that in Iran.

% of GDP · IMF

Canada vs Iran: Government debtGovernment debt: 113.6% of GDP in Canada in 2025 and 31.2% of GDP in Iran in 2024, by IMF estimates. In 2024 the value was higher in Canada, by 78.8 percentage points, or 3.52 times that in Iran.
CanadaIranIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Canada has been higher in every year both have figures for since 1996.
  • The IMF projection (World Economic Outlook, October 2026) puts Canada at 107% of GDP and Iran at 43.4% of GDP in 2031.

Every year

% of GDP · IMF

YearCanadaIran
2025113.635.6
202411031.2
2023105.129.6
2022103.534.5
2021112.639.9
2020118.147.1
201990.144.6
201890.841.6
20179143.2
201692.546
201592.332.1
201485.810.9
201387.710.2
20128711.8
201184.310.6
20108412.8
200981.811.5
200870.410.6
200767.213.5
200669.915.2
200570.618.3
200471.921.1
200375.922
200279.623.4
200181.521
200080.418.2
19998922.2
199893.329.6
199795.330.9
1996100.229.3
1995100.1–
199497.5–
199394.7–
199288.2–
199181.7–
199073.7–
198971–
198869.8–
198769.8–
198669.3–
198565.2–
198460.2–
198357.2–
198251.7–
198146.1–
198044.6–
  • 12.3Projected
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearCanadaIran
2026115.639.1
2027113.440.2
2028111.840.8
2029110.441.7
2030108.842.7
203110743.4

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

Canada vs Iran

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