Canada vs Iceland: Annual government deficit/surplus, revenue, expenditure and main
Canada
524,591 Domestic currency (incl. conversion to current currency made using a fixed parit
in 2025
Iceland
846,616 Domestic currency (incl. conversion to current currency made using a fixed parit
in 2025
Canada rank
14th
Iceland rank
13th
Annual government deficit/surplus, revenue, expenditure and main over time
- Canada
- Iceland
How they compare
Iceland currently reports 846,616 Domestic currency (incl. conversion to current currency made using a fixed parit against 524,591 Domestic currency (incl. conversion to current currency made using a fixed parit in Canada, a difference of 322,025 Domestic currency (incl. conversion to current currency made using a fixed parit.
That makes Iceland's figure about 1.6 times Canada's.
The two have swapped places 1 time across 28 shared years of data; in 1998 it was Canada ahead.
Canada ranks 14th and Iceland ranks 13th of 30 countries.
Across the 4 decades both report, Canada averaged higher in 2 and Iceland in 2.
Head to head by decade
| Decade | Canada | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 144,038 Domestic currency (incl. conversion to current currency made using a fixed parit | 107,958 Domestic currency (incl. conversion to current currency made using a fixed parit | 36,080 Domestic currency (incl. conversion to current currency made using a fixed parit | Canada |
| 2000s | 201,966 Domestic currency (incl. conversion to current currency made using a fixed parit | 192,644 Domestic currency (incl. conversion to current currency made using a fixed parit | 9,322 Domestic currency (incl. conversion to current currency made using a fixed parit | Canada |
| 2010s | 316,333 Domestic currency (incl. conversion to current currency made using a fixed parit | 380,508 Domestic currency (incl. conversion to current currency made using a fixed parit | 64,175 Domestic currency (incl. conversion to current currency made using a fixed parit | Iceland |
| 2020s | 449,375 Domestic currency (incl. conversion to current currency made using a fixed parit | 699,418 Domestic currency (incl. conversion to current currency made using a fixed parit | 250,042 Domestic currency (incl. conversion to current currency made using a fixed parit | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher annual government deficit/surplus, revenue, expenditure and main, Canada or Iceland?
- Iceland, at 846,616 Domestic currency (incl. conversion to current currency made using a fixed parit against 524,591 Domestic currency (incl. conversion to current currency made using a fixed parit in Canada as of 2025.
- What is the difference in annual government deficit/surplus, revenue, expenditure and main between Canada and Iceland?
- 322,025 Domestic currency (incl. conversion to current currency made using a fixed parit, with Iceland ahead.
- How many years of comparable data are there for Canada and Iceland?
- 28 years are reported by both, from 1998 to 2025.
- How do Canada and Iceland rank globally for annual government deficit/surplus, revenue, expenditure and main?
- Canada ranks 14th and Iceland ranks 13th of 30 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Annual government deficit/surplus, revenue, expenditure and main aggregates IDC. Statizoid refreshes it automatically from the source and publishes the full history for both places.