Canada's grants and other revenue (current LCU) was 49.37 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 102.06% from 24.44 billion in 2014 (7.29% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 49.37 billion | 2024 |
| Five years earlier | 35.68 billion | 2019 |
| Ten years earlier | 24.44 billion | 2014 |
| Highest | 49.37 billion | 2024 |
| Lowest | 15.12 billion | 1993 |
| Average since 2015 | 35.13 billion | 2015–2024 |
| First recorded | 15.94 billion |
What the numbers say
In 2024, Canada's grants and other revenue (current LCU) rose 22% on 2023 (from 40.47 billion to 49.37 billion).
Across the 30 yearly changes before that (1994 to 2023), the average change was +4.3% and a typical year strayed about 14.3% from that (the standard deviation). This year's change was 1.2 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 50.7% in 2021 and the biggest yearly fall was 23.6% in 2022. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about 2.02 billion a year. A straight line explains 65% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Canada had the 46th highest value of the 81 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Canada in the 2024 ranking
- United Kingdom — 43rd of 81: 56.75 billion
- United Arab Emirates — 44th of 81: 56.04 billion
- Morocco — 45th of 81: 55.77 billion
- Zambia — 47th of 81: 42.28 billion
- Singapore — 48th of 81: 31.9 billion
- Netherlands — 49th of 81: 23.03 billion
What this measures
Grants are transfers receivable by government units, from other resident or nonresident government units or international organizations, that do not meet the definition of a tax, subsidy, or social contribution. Other revenue is all revenue receivable excluding taxes, social contributions, and grants. This category of revenue includes property income, sales of goods and services, and miscellaneous other types of revenue. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
Limitations: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD).
All 35 values
| Year | Grants and other revenue (current LCU) |
|---|---|
| 2024 | 49,374,000,000 |
| 2023 | 40,465,000,000 |
| 2022 | 33,415,000,000 |
| 2021 | 43,715,000,000 |
| 2020 | 29,005,000,000 |
| 2019 | 35,680,000,000 |
| 2018 | 35,186,000,000 |
| 2017 | 32,228,000,000 |
| 2016 | 25,520,000,000 |
| 2015 | 26,743,000,000 |
Grants and other revenue (current LCU) in nearby economies
- United States — 151.88 billion (2024)
More public sector data for Canada
- Arms imports (SIPRI trend indicator values) — 83 million (2025)
- Military expenditure (current USD) — 37.49 billion (2025)
- Military expenditure (current LCU) — 52.4 billion (2025)
- Military expenditure (% of GDP) — 1.63% (2025)
- Arms exports (SIPRI trend indicator values) — 312 million (2025)
- Military expenditure (% of general government expenditure) — 3.69% (2025)
- Net acquisition of financial assets (current LCU) — 121.6 billion (2024)
- Net acquisition of financial assets (% of GDP) — 3.91% (2024)
- Central government debt, total (current LCU) — 1.99 trillion (2024)
- Central government debt, total (% of GDP)
Reading data like this
Questions people ask
- What is Canada's grants and other revenue (current LCU)?
- 49.37 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1990?
- It is up 209.83% from 15.94 billion in 1990 (3.38% a year on average, compounded). The highest value was 49.37 billion in 2024 and the lowest 15.12 billion in 1993.
- How does Canada rank?
- 46th highest of 81 economies with data for 2024.
- Is the latest change in grants and other revenue (current LCU) unusual for Canada?
- In 2024, Canada's grants and other revenue (current LCU) rose 22% on 2023 (from 40.47 billion to 49.37 billion). Across the 30 yearly changes before that (1994 to 2023), the average change was +4.3% and a typical year strayed about 14.3% from that (the standard deviation). This year's change was 1.2 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator GC.REV.GOTR.CN, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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