Canada vs Iceland: International debt issues to GDP

Canada
62.1%
in 2020
Iceland
61.8%
in 2020
Canada rank
22nd
Iceland rank
23rd

International debt issues to GDP over time

  • Canada
  • Iceland
0100200300400198020002020

How they compare

Canada currently reports 62.1% against 61.8% in Iceland, a difference of 0.3%.

The two have swapped places 2 times across 41 shared years of data; in 1980 it was Canada ahead.

Canada ranks 22nd and Iceland ranks 23rd of 116 countries.

Across the 5 decades both report, Canada averaged higher in 1 and Iceland in 4.

Head to head by decade

Decade Canada Iceland Difference Ahead
1980s 17.3% 21.1% 3.9% Iceland
1990s 25.4% 62.3% 36.9% Iceland
2000s 29.0% 231.9% 202.9% Iceland
2010s 45.7% 127.7% 82.1% Iceland
2020s 62.1% 61.8% 0.2% Canada

Averages of every year both report within each decade.

Frequently asked questions

Which has higher international debt issues to gdp, Canada or Iceland?
Canada, at 62.1% against 61.8% in Iceland as of 2020.
What is the difference in international debt issues to gdp between Canada and Iceland?
0.3%, with Canada ahead.
How many years of comparable data are there for Canada and Iceland?
41 years are reported by both, from 1980 to 2020.
How do Canada and Iceland rank globally for international debt issues to gdp?
Canada ranks 22nd and Iceland ranks 23rd of 116 countries.
Where does this data come from?
Bank for International Settlements (BIS), published as International debt issues to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Canada vs Iceland: International debt issues to GDP. Statizoid, drawing on Bank for International Settlements (BIS). Retrieved 26 August 2026, from https://financial-sector.statizoid.com/compare/international-debt-issues-to-gdp-percent/canada/iceland/

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About this data

Indicator
International debt issues to GDP (%)
Unit
%
Source
Bank for International Settlements (BIS)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
116 places, 2,874 data points, 1980–2020
Last refreshed

Total value of outstanding international debt issues both public and private, as a share of GDP. Offshore bank loan data from BIS Statistical Appendix Table 12A (Amount Outstanding): International debt securities - all issuers.