Canada vs Iceland: Annual government non-financial accounts and key indicators

Canada
418,836 National currency
in 2025
Iceland
709,592 National currency
in 2025
Canada rank
15th
Iceland rank
13th

Annual government non-financial accounts and key indicators over time

  • Canada
  • Iceland
0200.0k400.0k600.0k800.0k198120032025

How they compare

Iceland currently reports 709,592 National currency against 418,836 National currency in Canada, a difference of 290,756 National currency.

That makes Iceland's figure about 1.7 times Canada's.

The two have swapped places 1 time across 28 shared years of data; in 1998 it was Canada ahead.

Canada ranks 15th and Iceland ranks 13th of 32 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 118,074 National currency 85,324 National currency 32,749 National currency Canada
2000s 165,305 National currency 156,575 National currency 8,729 National currency Canada
2010s 251,978 National currency 310,034 National currency 58,056 National currency Iceland
2020s 357,222 National currency 585,451 National currency 228,228 National currency Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher annual government non-financial accounts and key indicators, Canada or Iceland?
Iceland, at 709,592 National currency against 418,836 National currency in Canada as of 2025.
What is the difference in annual government non-financial accounts and key indicators between Canada and Iceland?
290,756 National currency, 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 non-financial accounts and key indicators?
Canada ranks 15th and Iceland ranks 13th of 32 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Annual government non-financial accounts and key indicators (Balancing items) — Value added, net. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Canada vs Iceland: Annual government non-financial accounts and key indicators. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 05 September 2026, from https://public-sector.statizoid.com/compare/annual-government-non-financial-accounts-and-key-indicators-balancing-items-value-added/canada/iceland/

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<a href="https://public-sector.statizoid.com/compare/annual-government-non-financial-accounts-and-key-indicators-balancing-items-value-added/canada/iceland/">Canada vs Iceland: Annual government non-financial accounts and key indicators</a> — Statizoid

About this data

Indicator
Annual government non-financial accounts and key indicators (Balancing items) — Value added, net
Unit
National currency
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
44 places, 1,379 data points, 1970–2025
Last refreshed

This table presents the full sequence of non-financial accounts for the General Government sector and its sub-sectors from the production account to the capital account. It shows the balancing items and is designed to be used in conjunction with the tables entitled ‘Annual government non-financial accounts and key indicators (Revenue)’ and ‘Annual government non-financial accounts and key indicators (Expenditure)’. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter in order to view the full sequence of non-financial accounts. Alternatively, specific lines within the sequence can be selected using the ‘Transaction’ filter to compare this item for combinations of sectors, countries and time periods. It is also possible to select the government sub-sectors – central, local and state (regional) government and social security funds – using the ‘Institutional sector’ filter.These indicators were presented in the previous dissemination system in the SNA_TABLE12 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the Government Finances and Public Sector Debt webpage: Government Finances and Public Sector Debt webpage OECD statistics contact: STAT.Contact@oecd.org