Gross Debt-to-GDP Ratio
In 2013, Quebec ranked 2nd out of 12 jurisdictions based on the latest common year of data. The gross debt-to-GDP ratio has experienced an upward trend for the majority of the studied jurisdictions. In contrast, Quebec, along with Germany and Iceland, has maintained a stable or decreasing trend. Quebec ends the study period with the lowest ratio.
Sources
Domestic Source : Gouvernement du Québec. Budget 2023-2024, p.40.
International Source : OECD. General Government Debt.