🇨🇦 Canada vs 🇺🇸 United States

Analysis

By total government debt, Canada ranks 9th-largest and United States ranks 1st-largest among the 137 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 national debt in United States is roughly 1.8× that in Canada ($119,351 vs $68,103 per person).

Both countries carry debt-to-GDP ratios above the 100% mark that analysts often treat as an informal threshold for closer scrutiny — Canada at 114% and United States at 124% — meaning each owes more than a full year's worth of national output.

The gap between them is widening: United States's debt is growing faster in dollar terms ($60K/sec vs $5K/sec for Canada), adding roughly $4,809,196,800 to the difference each day.

Scale is part of the story too: United States's population (336M) is about 8.4× Canada's (40M), 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 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.