Government budget and revenue in Nunavut, Canada: official figures
The territorial government of Nunavut took in $3.3 billion of revenue in the 2024/25 fiscal year (Statistics Canada government finance statistics, reference year 2024), or $79,963 per resident; the highest of 13 provinces and territories per resident. Revenue was $3.2 billion a year earlier.
How Nunavut compares with other territories
Provincial or territorial government revenue per resident, 2024/25 (2024/25)
Nunavut ranks 1 of 13, highest first. Population on 1 July 2024.
| Rank | Region | Provincial or territorial government revenue per resident, 2024/25 |
|---|---|---|
| 1 | Nunavut | $79,963 |
| 2 | Northwest Territories | $69,532 |
| 3 | Yukon | $44,293 |
| 4 | Quebec | $19,138 |
| 5 | Saskatchewan | $17,641 |
| 6 | Prince Edward Island | $17,242 |
| 7 | Newfoundland and Labrador | $17,242 |
Provincial or territorial government expense per resident, 2024/25 (2024/25)
Nunavut ranks 1 of 13, highest first. Population on 1 July 2024.
| Rank | Region | Provincial or territorial government expense per resident, 2024/25 |
|---|---|---|
| 1 | Nunavut | $78,443 |
| 2 | Northwest Territories | $63,966 |
| 3 | Yukon | $43,873 |
| 4 | Quebec | $20,903 |
| 5 | Saskatchewan | $19,278 |
| 6 | Prince Edward Island | $18,595 |
| 7 | Newfoundland and Labrador | $17,814 |
Net operating balance as a share of revenue, 2024/25 (2024/25)
Nunavut ranks 5 of 13, highest first. Negative values are deficits.
| Rank | Region | Net operating balance as a share of revenue, 2024/25 |
|---|---|---|
| 2 | Northwest Territories | 8.0% |
| 3 | New Brunswick | 4.1% |
| 4 | Nova Scotia | 3.0% |
| 5 | Nunavut | 1.9% |
| 6 | Yukon | 0.9% |
| 7 | Newfoundland and Labrador | -3.3% |
| 8 | Manitoba | -7.7% |
Net financial worth per resident, 2024/25 (negative = net debt) (2024/25)
Nunavut ranks 1 of 13, highest first.
| Rank | Region | Net financial worth per resident, 2024/25 (negative = net debt) |
|---|---|---|
| 1 | Nunavut | $26,421 |
| 2 | Northwest Territories | $4,418 |
| 3 | Yukon | $3,838 |
| 4 | Alberta | $-2,604 |
| 5 | British Columbia | $-6,631 |
| 6 | New Brunswick | $-7,444 |
| 7 | Saskatchewan | $-8,460 |
Interest as a share of government expense, 2024/25 (2024/25)
Nunavut ranks 12 of 13, highest first.
| Rank | Region | Interest as a share of government expense, 2024/25 |
|---|---|---|
| 7 | Saskatchewan | 5.1% |
| 8 | Alberta | 4.9% |
| 9 | British Columbia | 4.6% |
| 10 | Nova Scotia | 4.6% |
| 11 | Northwest Territories | 1.8% |
| 12 | Nunavut | 0.4% |
| 13 | Yukon | 0.4% |
Grants from other levels of government as a share of revenue, 2024/25 (2024/25)
Nunavut ranks 2 of 13, highest first.
| Rank | Region | Grants from other levels of government as a share of revenue, 2024/25 |
|---|---|---|
| 1 | Yukon | 85.0% |
| 2 | Nunavut | 82.8% |
| 3 | Northwest Territories | 74.0% |
| 4 | Prince Edward Island | 39.4% |
| 5 | New Brunswick | 37.1% |
| 6 | Manitoba | 36.5% |
| 7 | Nova Scotia | 34.6% |
More on Nunavut: overview · economy and jobs · health · education and schools · poverty and living standards · Canada
Sources
- Statistics Canada: Table 10-10-0017-01: Canadian government finance statistics for the provincial and territorial governments (Web Data Service extract), read 23 October 2026 · saved copy (SHA-256 1ced6a105cfe…)
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