Chart 1 – OAS Program Expenditures (% of Gross Domestic Product)
Line chart showing the historical and projected total OAS program expenditures as a percentage of GDP for Canada. Y axis represents the percentage of GDP. X axis represents the year.
Total OAS program expenditures are 2.44% of GDP in 1990, increase to reach 2.65% in 1992, then decrease to 2.05% in 2008, and increase again to 2.46% in 2018. After 2018, the proportion is projected to increase to 3.14% in 2032, and then decrease to 2.63% in 2060.