🇨🇦 Canada vs 🇺🇸 United States

Live side-by-side comparison of government debt. The United States currently owes about 14.3× as much as Canada — a gap of $37.54 trillion. Updated every second from each country's baseline figure; sources below.

Among the 135 governments tracked here, Canada ranks 14th by debt-to-GDP and the United States 12th. Measured per person, Canada is 5th and the United States 2nd.

Analysis

By total government debt, Canada ranks 9th and the United States 1st among the 135 sovereigns tracked on this site.

On a per-citizen basis the picture can look different from the nominal totals: a resident's notional share of the government debt in the United States is roughly 1.7× that in Canada ($117,749 vs $68,337 per person).

Both countries carry debt above 100% of GDP — Canada at 114% and the United States at 124% — meaning each owes more than a full year's worth of national output. What that means for each depends on who holds the debt, in what currency and at what interest rate.

The gap between them is widening: the United States' debt is growing faster in dollar terms ($60K/sec vs $8K/sec for Canada), adding roughly $4,539,974,400 to the difference each day.

Scale is part of the story too: the United States' population (343M) is about 8.3× Canada's (41M), which is part of why the nominal and per-capita comparisons above can point in different directions — a government's debt load scales loosely with the size of both its economy and its population, not either alone.

Canada and the United States are both grouped under this site's “Americas” region, so this is, in effect, an intra-regional comparison as well.

This analysis is generated automatically from live data as an educational orientation, not financial advice — see the methodology page for definitions and caveats.

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