Canada vs Russia

Canada vs Russia: Government debt

Government debt in 2025: 113.6% of GDP in Canada and 16.6% of GDP in Russia, by IMF estimates. In 2025 the value was higher in Canada, by 97 percentage points, or 6.85 times that in Russia.

Watch it change on the map

% of GDP · IMF

Canada vs Russia: Government debtGovernment debt in 2025: 113.6% of GDP in Canada and 16.6% of GDP in Russia, by IMF estimates. In 2025 the value was higher in Canada, by 97 percentage points, or 6.85 times that in Russia.
CanadaRussiaIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Canada has been higher since 2000, when it overtook Russia.
  • In 2025, Canada ranked 8 and Russia ranked 144 of 149 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Canada at 107% of GDP and Russia at 30.7% of GDP in 2031.

Every year

% of GDP · IMF

YearCanadaRussia
2025113.616.6
202411014.8
2023105.115.2
2022103.515.1
2021112.616.5
2020118.119.2
201990.113.8
201890.813.6
20179114.3
201692.514.9
201592.315.3
201485.815.1
201387.712.4
20128711.2
201184.310.3
20108410.1
200981.89.9
200870.47.4
200767.28
200669.99.8
200570.614.9
200471.920.8
200375.928.3
200279.637.6
200181.544.4
200080.455.9
19998992.4
199893.3135.2
199795.351.5
1996100.2–
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–
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearCanadaRussia
2026115.619.3
2027113.422.2
2028111.824.8
2029110.427.2
2030108.829.1
203110730.7

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 Russia

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