Outstanding Domestic Public Debt Securities to GDP for Canada
DDDM04CAA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
89.74
Year-over-Year Change
107.92%
Date Range
1/1/1989 - 1/1/2020
Summary
This economic indicator measures the ratio of Canada's outstanding domestic public debt securities to its gross domestic product (GDP). It provides insight into the government's fiscal position and debt burden.
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 outstanding domestic public debt securities to GDP ratio is a key metric used by economists and policymakers to assess a country's fiscal health and indebtedness. It indicates the government's reliance on domestic debt financing relative to the overall size of the economy.
Methodology
The data is collected and calculated by the World Bank based on national debt and GDP statistics.
Historical Context
This indicator is closely monitored by investors, analysts, and government officials to gauge Canada's fiscal sustainability and creditworthiness.
Key Facts
- Canada's debt-to-GDP ratio was 92.3% as of 2021.
- The ratio has increased from around 68% in 2007 due to fiscal stimulus measures.
- High debt levels can limit a government's ability to respond to economic shocks.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the ratio of Canada's outstanding domestic public debt securities to its gross domestic product (GDP). It provides insight into the government's fiscal position and debt burden.
Q: Why is this trend relevant for users or analysts?
A: The outstanding domestic public debt securities to GDP ratio is a key metric used by economists and policymakers to assess a country's fiscal health and indebtedness. It indicates the government's reliance on domestic debt financing relative to the overall size of the economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on national debt and GDP statistics.
Q: How is this trend used in economic policy?
A: This indicator is closely monitored by investors, analysts, and government officials to gauge Canada's fiscal sustainability and creditworthiness, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, so there may be a delay in the most recent figures becoming available.
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Citation
U.S. Federal Reserve, Outstanding Domestic Public Debt Securities to GDP for Canada (DDDM04CAA156NWDB), retrieved from FRED.