General Government Net Lending/Borrowing for Canada
CANGGXCNLGDP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.79
Year-over-Year Change
-320.56%
Date Range
1/1/1980 - 1/1/2030
Summary
The General Government Net Lending/Borrowing for Canada measures the balance between government revenue and expenditure, providing insight into the fiscal position of the Canadian economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic indicator tracks the difference between the total revenue and total expenditure of all levels of government in Canada, including federal, provincial, and local administrations. It is a key measure of the government's fiscal stance and an important input for economic policy analysis.
Methodology
The data is collected and calculated by Statistics Canada based on the System of National Accounts.
Historical Context
Policymakers and analysts use this metric to assess the sustainability of Canada's public finances and the government's impact on the broader economy.
Key Facts
- Canada recorded a government budget deficit of 5.6% of GDP in 2020.
- Net lending/borrowing as a percentage of GDP has ranged from -5.6% to +1.5% over the past decade.
- Positive values indicate a government budget surplus, while negative values signify a deficit.
FAQs
Q: What does this economic trend measure?
A: The General Government Net Lending/Borrowing for Canada measures the difference between the government's total revenue and total expenditure, providing insight into the country's fiscal position.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for assessing the sustainability of Canada's public finances and the government's impact on the broader economy, making it an important input for economic policy analysis.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Statistics Canada based on the System of National Accounts.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate the government's fiscal stance and its implications for the Canadian economy.
Q: Are there update delays or limitations?
A: The data is published regularly by Statistics Canada, but there may be some delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, General Government Net Lending/Borrowing for Canada (CANGGXCNLGDP), retrieved from FRED.