Canada vs Iceland: Subsidies and other transfers

Canada
434.96 billion current LCU
in 2024
Iceland
411.61 billion current LCU
in 2023
Canada rank
58th
Iceland rank
59th

Subsidies and other transfers over time

  • Canada
  • Iceland
0100.0B200.0B300.0B400.0B500.0B199020072024

How they compare

Canada currently reports 434.96 billion current LCU against 411.61 billion current LCU in Iceland, a difference of 23.35 billion current LCU.

That makes Canada's figure about 1.1 times Iceland's.

The two have swapped places 1 time across 34 shared years of data; in 1990 it was Canada ahead.

Globally, Canada ranks 58th and Iceland ranks 59th of 153 countries.

Individual pages

About this data

Indicator
Subsidies and other transfers (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
153 places, 3,810 data points, 1970–2024
Last refreshed

Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.