# Canada Government Debt to GDP

Canada Government Debt to GDP was 131.3% in Q2 2026, down 0.7 percentage points from Q1 2026 and up 3.5 percentage points from a year earlier.
Among the 38 economies Makrognosis covers on this measure, it is the 4th highest.
Over the past ten years it has ranged from 111.9% (Q3 2018) to 143.4% (Q4 2020), averaging 123.8%.

- Source agency: Statistics Canada
- Makrognosis code: `CA.GOVDEBT.Q.NSA`
- Frequency: quarterly
- Units: % of GDP
- Coverage: 1990-01-01 to 2026-04-01 (146 observations)
- Page: https://makrognosis.robomacro.com/data/canada/government-debt-to-gdp

## Recent data

| Period | Value |
|---|---:|
| Q2 2026 | 131.3% |
| Q1 2026 | 132.0% |
| Q4 2025 | 129.6% |
| Q3 2025 | 128.9% |
| Q2 2025 | 127.8% |
| Q1 2025 | 128.2% |
| Q4 2024 | 126.7% |
| Q3 2024 | 125.6% |
| Q2 2024 | 125.0% |
| Q1 2024 | 126.2% |
| Q4 2023 | 122.4% |
| Q3 2023 | 121.8% |
| Q2 2023 | 120.9% |
| Q1 2023 | 121.3% |
| Q4 2022 | 121.3% |
| Q3 2022 | 123.7% |
| Q2 2022 | 127.2% |
| Q1 2022 | 132.8% |
| Q4 2021 | 133.1% |
| Q3 2021 | 135.8% |
| Q2 2021 | 137.4% |
| Q1 2021 | 141.3% |
| Q4 2020 | 143.4% |
| Q3 2020 | 140.0% |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/CA.GOVDEBT.Q.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/CA.GOVDEBT.Q.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```