Canada vs Denmark: Taxes, Transactions
Taxes, Transactions over time
- Canada
- Denmark
How they compare
Denmark currently reports 1.37 trillion against 930.68 billion in Canada, a difference of 439.11 billion.
That makes Denmark's figure about 1.5 times Canada's.
Across all 27 years both countries report, Denmark has been ahead every year.
Canada ranks 12th and Denmark ranks 10th of 35 countries.
Denmark has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Canada | Denmark | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 314.79 billion | 588.60 billion | 273.81 billion | Denmark |
| 2000s | 388.17 billion | 715.93 billion | 327.76 billion | Denmark |
| 2010s | 549.91 billion | 945.59 billion | 395.69 billion | Denmark |
| 2020s | 828.70 billion | 1.24 trillion | 413.08 billion | Denmark |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes, transactions, Canada or Denmark?
- Denmark, at 1.37 trillion against 930.68 billion in Canada as of 2025.
- What is the difference in taxes, transactions between Canada and Denmark?
- 439.11 billion, with Denmark ahead.
- How many years of comparable data are there for Canada and Denmark?
- 27 years are reported by both, from 1999 to 2025.
- How do Canada and Denmark rank globally for taxes, transactions?
- Canada ranks 12th and Denmark ranks 10th of 35 countries.
- Where does this data come from?
- International Monetary Fund, published as Taxes, 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.