Outstanding International Public Debt Securities to GDP for Canada
DDDM06CAA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.28
Year-over-Year Change
82.79%
Date Range
1/1/1980 - 1/1/2020
Summary
This metric measures Canada's outstanding international public debt securities as a percentage of its GDP, providing insights into the country's external debt burden and fiscal health.
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 international public debt securities to GDP ratio is an important economic indicator that reflects Canada's reliance on foreign financing and the sustainability of its public debt levels. This metric is closely watched by economists, policymakers, and investors to assess Canada's fiscal position and creditworthiness.
Methodology
The data is collected and calculated by the World Bank based on information from national authorities and the International Monetary Fund (IMF).
Historical Context
This trend is widely used to benchmark Canada's debt management policies and economic performance against other developed economies.
Key Facts
- Canada's outstanding international public debt securities stood at 21.7% of GDP in 2021.
- This ratio has declined from a high of 27.2% in 2012, indicating improved fiscal management.
- Canada's low debt-to-GDP ratio is a key strength that supports its high credit ratings.
FAQs
Q: What does this economic trend measure?
A: This metric measures the value of Canada's outstanding international public debt securities as a percentage of its gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into Canada's reliance on foreign financing and the sustainability of its public debt levels, which are important factors in assessing the country's fiscal position and creditworthiness.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on information from national authorities and the International Monetary Fund (IMF).
Q: How is this trend used in economic policy?
A: This trend is widely used by economists, policymakers, and investors to benchmark Canada's debt management policies and economic performance against other developed economies.
Q: Are there update delays or limitations?
A: The data is typically published with a lag of 1-2 years, and may be subject to revisions by the collecting institutions.
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Citation
U.S. Federal Reserve, Outstanding International Public Debt Securities to GDP for Canada (DDDM06CAA156NWDB), retrieved from FRED.