Canada vs Italy: Interest payable, Transactions

Canada
110.06 billion
in 2025
Italy
87.14 billion
in 2025
Canada rank
8th
Italy rank
11th

Interest payable, Transactions over time

  • Canada
  • Italy
025.0B50.0B75.0B100.0B199020072025

How they compare

Canada currently reports 110.06 billion against 87.14 billion in Italy, a difference of 22.91 billion.

That makes Canada's figure about 1.3 times Italy's.

The two have swapped places 4 times across 27 shared years of data; in 1999 it was Canada ahead.

Canada ranks 8th and Italy ranks 11th of 35 countries.

Across the 4 decades both report, Canada averaged higher in 2 and Italy in 2.

Head to head by decade

Decade Canada Italy Difference Ahead
1990s 75.95 billion 75.00 billion 949.00 million Canada
2000s 66.15 billion 72.74 billion 6.58 billion Italy
2010s 63.73 billion 70.54 billion 6.81 billion Italy
2020s 87.33 billion 75.36 billion 11.97 billion Canada

Averages of every year both report within each decade.

Frequently asked questions

Which has higher interest payable, transactions, Canada or Italy?
Canada, at 110.06 billion against 87.14 billion in Italy as of 2025.
What is the difference in interest payable, transactions between Canada and Italy?
22.91 billion, with Canada ahead.
How many years of comparable data are there for Canada and Italy?
27 years are reported by both, from 1999 to 2025.
How do Canada and Italy rank globally for interest payable, transactions?
Canada ranks 8th and Italy ranks 11th of 35 countries.
Where does this data come from?
International Monetary Fund, published as Interest payable, Transactions (Statement of operations, General government). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Canada vs Italy: Interest payable, Transactions. Statizoid, drawing on International Monetary Fund. Retrieved 26 August 2026, from https://public-sector.statizoid.com/compare/interest-payable-transactions-statement-of-operations-general-government/canada/italy/

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About this data

Indicator
Interest payable, Transactions (Statement of operations, General government)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
35 places, 879 data points, 1990–2025
Last refreshed

The Government Finance Statistics (GFS) includes government revenues and expenditures, government net lending / net borrowing (the surplus / deficit) financing transactions and balance sheet data on government assets and liabilities. Statistics are available for different levels of government including budgetary central government, central government and general government.