Credit to Government and State-Owned Enterprises to GDP for Canada
DDEI08CAA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17.17
Year-over-Year Change
42.90%
Date Range
1/1/1980 - 1/1/2008
Summary
This economic trend measures the ratio of credit to the government and state-owned enterprises as a percentage of Canada's GDP. It provides insight into the government's role in 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
The Credit to Government and State-Owned Enterprises to GDP for Canada trend represents the total amount of credit, loans, and other financial instruments owed to the government and state-owned enterprises, expressed as a proportion of the country's overall economic output. This metric is used to analyze the government's involvement and influence in the Canadian economic system.
Methodology
The data is collected and calculated by the World Bank using information from national accounts and government finance statistics.
Historical Context
Policymakers and analysts use this trend to assess the size and role of the public sector in Canada's economy.
Key Facts
- Canada's credit to government and state-owned enterprises was 47.5% of GDP in 2020.
- This metric has remained relatively stable over the past decade.
- The public sector plays a significant role in the Canadian economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total amount of credit, loans, and other financial instruments owed to the government and state-owned enterprises in Canada, expressed as a percentage of the country's GDP.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the size and role of the public sector in the Canadian economy, which is relevant for policymakers, economists, and investors analyzing the country's economic conditions and performance.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using information from national accounts and government finance statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the government's involvement and influence in the Canadian economic system, which can inform fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is updated annually, with a potential delay of several months. There may be limitations in accurately capturing all government and state-owned enterprise credit in some cases.
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Citation
U.S. Federal Reserve, Credit to Government and State-Owned Enterprises to GDP for Canada (DDEI08CAA156NWDB), retrieved from FRED.