Canada vs Iceland: Social contributions, Transactions
Social contributions, Transactions over time
- Canada
- Iceland
How they compare
Canada currently reports 169.17 billion against 153.86 billion in Iceland, a difference of 15.31 billion.
That makes Canada's figure about 1.1 times Iceland's.
Across all 24 years both countries report, Canada has been ahead every year.
Canada ranks 16th and Iceland ranks 17th of 35 countries.
Canada has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Canada | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 66.91 billion | 34.52 billion | 32.39 billion | Canada |
| 2010s | 92.14 billion | 78.90 billion | 13.24 billion | Canada |
| 2020s | 139.22 billion | 120.30 billion | 18.92 billion | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher social contributions, transactions, Canada or Iceland?
- Canada, at 169.17 billion against 153.86 billion in Iceland as of 2025.
- What is the difference in social contributions, transactions between Canada and Iceland?
- 15.31 billion, with Canada ahead.
- How many years of comparable data are there for Canada and Iceland?
- 24 years are reported by both, from 2002 to 2025.
- How do Canada and Iceland rank globally for social contributions, transactions?
- Canada ranks 16th and Iceland ranks 17th of 35 countries.
- Where does this data come from?
- International Monetary Fund, published as Social contributions, Transactions (Statement of operations, General government). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.