Canada vs Iceland: Subsidies payable, Transactions
Subsidies payable, Transactions over time
- Canada
- Iceland
How they compare
Iceland currently reports 68.09 billion against 46.63 billion in Canada, a difference of 21.46 billion.
That makes Iceland's figure about 1.5 times Canada's.
The two have swapped places 4 times across 24 shared years of data; in 2002 it was Iceland ahead.
Canada ranks 11th and Iceland ranks 8th of 35 countries.
Iceland has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Canada | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 16.16 billion | 19.92 billion | 3.77 billion | Iceland |
| 2010s | 19.99 billion | 29.51 billion | 9.52 billion | Iceland |
| 2020s | 61.03 billion | 62.79 billion | 1.76 billion | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher subsidies payable, transactions, Canada or Iceland?
- Iceland, at 68.09 billion against 46.63 billion in Canada as of 2025.
- What is the difference in subsidies payable, transactions between Canada and Iceland?
- 21.46 billion, with Iceland 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 subsidies payable, transactions?
- Canada ranks 11th and Iceland ranks 8th of 35 countries.
- Where does this data come from?
- International Monetary Fund, published as Subsidies payable, 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.