Canada vs United Kingdom

Canada vs United Kingdom: Government debt

Government debt in 2025: 113.6% of GDP in Canada and 102.1% of GDP in United Kingdom, by IMF estimates. In 2025 the value was higher in Canada, by 11.5 percentage points, or 1.11 times that in United Kingdom.

% of GDP · IMF

Canada vs United Kingdom: Government debtGovernment debt in 2025: 113.6% of GDP in Canada and 102.1% of GDP in United Kingdom, by IMF estimates. In 2025 the value was higher in Canada, by 11.5 percentage points, or 1.11 times that in United Kingdom.
CanadaUnited KingdomIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Canada has been higher since 2015, when it overtook United Kingdom.
  • In 2025, Canada ranked 8 and United Kingdom ranked 12 of 149 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Canada at 107% of GDP and United Kingdom at 100.2% of GDP in 2031.

Every year

% of GDP · IMF

YearCanadaUnited Kingdom
2025113.6102.1
202411099.4
2023105.198.3
2022103.597.1
2021112.6103
2020118.1104.4
201990.184.5
201890.885.3
20179185.9
201692.587.2
201592.387.3
201485.886.4
201387.784.8
20128784
201184.381
20108475.5
200981.864.6
200870.450.7
200767.243.1
200669.942.1
200570.641
200471.939.8
200375.936.8
200279.635.5
200181.535
200080.437.7
19998940.5
199893.342
199795.344.1
1996100.243.7
1995100.143.7
199497.540.8
199394.738
199288.233.3
199181.728.5
199073.728.5
19897132.6
198869.837.1
198769.839.3
198669.341.4
198565.241.4
198460.242.3
198357.241.9
198251.743.1
198146.144.9
198044.642.7
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearCanadaUnited Kingdom
2026115.6102
2027113.4102.5
2028111.8102.3
2029110.4101.6
2030108.8100.9
2031107100.2

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 United Kingdom

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