What Is Government Debt To GDP?
To put this into perspective, in March 2021, Canada’s government debt was 72.2% of nominal GDP, up from 54.0% the year before. From March 1962 through March 2021, data on Canada’s government debt-to-GDP ratio is updated yearly. At 82.6 percent in March 1996, and at 32.7 percent in March 1977, the figures set a new […]
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