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The debt

At 31 March 2026, Québec's net debt stood at $245.9B, or $27,169 per capita.

Net debt at 31 March 2026$245.9B$9.7B in one year

Sources: Ministère des Finances du Québec, Public Accounts 2025-2026, vol. 1, p. 88 (consolidated statement of operations) and p. 89 (net debt), published 17 July 2026; Statistics Canada, Population estimates (17-10-0005-01) and Consumer Price Index (18-10-0005-01), dataset updated 23 September 2026.

Debt service, 2025‑2026$10.1BAbout $27.8M per day

Sources: Ministère des Finances du Québec, Public Accounts 2025-2026, vol. 1, p. 88 (consolidated statement of operations) and p. 89 (net debt), published 17 July 2026; Statistics Canada, Population estimates (17-10-0005-01) and Consumer Price Index (18-10-0005-01), dataset updated 23 September 2026.

Net debt at 31 March

Liabilities minus financial assets, in current dollars.

View the data
Net debt at 31 March and debt service
As ofNet debtNet debt per capitaDebt service
31 March 2016$198.1B$24,224$10.1B
31 March 2017$195.2B$23,726$9.6B
31 March 2018$192.0B$23,153$9.4B
31 March 2019$188.6B$22,485$8.9B
31 March 2020$188.1B$22,168$7.8B
31 March 2021$194.6B$22,756$7.8B
31 March 2022$196.8B$22,957$8.8B
31 March 2023$208.8B$24,092$10.2B
31 March 2024$220.0B$24,951$10.0B
31 March 2025$236.2B$26,292$10.0B
31 March 2026$245.9B$27,169$10.1B
Download the data (CSV)

Sources: Ministère des Finances du Québec, Public Accounts, Volume 1: financial statistics, dataset updated 21 October 2025; Ministère des Finances du Québec, Public Accounts 2025-2026, vol. 1, p. 88 (consolidated statement of operations) and p. 89 (net debt), published 17 July 2026; Statistics Canada, Population estimates (17-10-0005-01) and Consumer Price Index (18-10-0005-01), dataset updated 23 September 2026.

While you read this page

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Order of magnitude: the fiscal year's debt service, spread evenly over every second of the year ($322 per second, $27.8M per day). Interest is not actually paid this way.