Gross debt in Canada
The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. On the other hand not included in the gross debt are the demands of a country to foreign ones.
The gross debt in Canada in the period from 1998 to 2016 was between 407.7 billion and 1,001.7 billion USD. The hightest level within the past 18 years was reached in 2012. However, the liabilities in 2016 have been only 813.79 billion USD
Based on the number of inhabitants, this is in Canada a debt of 22,537 USD per person. For comparison: The average debt per person in the same year in the European Union was 31,202 USD.Back to overview: Canada