Thursday, November 13, 2008

Central Government Debt Growth Relative to GDP in the G-7 Countries


























































































Table 5.1 Annual Rate of Growth of Central Government Debt in the G-7 Countries (By Decade)
PeriodNet DebtGross Debt



1970-1980




-0.3




0.8




1980-1990




4.6




2.5




1990-2000




1.8




1.8




2000-2007




2.1




1.6











































































































































































Table 5.2 Annual Rate of Growth of Central Government Debt in the G-7 Countries (By Selected Period)
PeriodNet DebtGross Debt



1970-1974




-4.9




-2.3




1974-1980




2.7




2.8




1980-1990




4.6




2.5




1974-1996




4.2




2.9




1990-1996




5




4.9




1996-2000




-2.9




-1




2000-2005




3.5




2.7




2000-2007




2.1




1.6



Source: Calculated from Canadian Ministry of Finance, "International Fiscal Comparisons," Fiscal Reference Tables, Sep. 29, 2008. Accessed at http://www.fin.gc.ca/frt/2008/frt08_9e.html#54.

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