Canada’s Government Expenditure from 1980-2029 (in billions of Canadian dollars)

by | Dec 24, 2024 | Canada, Population

Total expenditure includes both total expenses and the net acquisition of nonfinancial assets. It is important to note that, in addition to being recorded on an accrual basis, total expenditure differs from the GFSM 1986 definition in that it also accounts for the disposal of nonfinancial assets.

STATS

Canada’s Government Expenditure in 2024

In 2024, the government expenditure for Canada was $1,272.58 billion CAD dollars.

$1,272B
2024 Canada’s Government Expenditure (CAD dollars)
$1,226B
2023 Canada’s Government Expenditure (CAD dollars)
3.79%
Growth in Canada’s Government Expenditure from 2023 to 2024

The annual growth in Canada’s Government Expenditure(in billions of CAD dollars) from 2024 to 2029.

Data Source:

Source Name:

International Monetary Fund, World Economic Outlook Database, April 2024

Source Link:

imf.org

Published Date:

October 2024

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