Interest payments on government debt reached CAD 23.3 bil in 2020 in Canada, according to the National Statistical Office. This is 9.70% less than in the previous year.
Historically, interest payments on government debt in Canada reached an all time high of CAD 46.6 bil in 1995 and an all time low of CAD 22.1 bil in 2017.
Canada has been ranked 58th within the group of 111 countries we follow in terms of interest payments on government debt.
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