Canada vs Italy: Liquid liabilities to GDP

Canada
121.9%
in 2008
Italy
119.0%
in 2021
Canada rank
28th
Italy rank
30th

Liquid liabilities to GDP over time

  • Canada
  • Italy
255075100125196019902021

How they compare

Canada currently reports 121.9% against 119.0% in Italy, a difference of 2.9%.

The two have swapped places 4 times across 47 shared years of data; in 1960 it was Canada ahead.

Canada ranks 28th and Italy ranks 30th of 186 countries.

Across the 5 decades both report, Canada averaged higher in 3 and Italy in 2.

Head to head by decade

Decade Canada Italy Difference Ahead
1960s 40.1% 29.1% 11.0% Canada
1970s 52.2% 66.8% 14.6% Italy
1980s 65.0% 65.6% 0.6% Italy
1990s 75.4% 57.6% 17.8% Canada
2000s 123.5% 65.1% 58.4% Canada

Averages of every year both report within each decade.

Frequently asked questions

Which has higher liquid liabilities to gdp, Canada or Italy?
Canada, at 121.9% against 119.0% in Italy as of 2008.
What is the difference in liquid liabilities to gdp between Canada and Italy?
2.9%, with Canada ahead.
How many years of comparable data are there for Canada and Italy?
47 years are reported by both, from 1960 to 2008.
How do Canada and Italy rank globally for liquid liabilities to gdp?
Canada ranks 28th and Italy ranks 30th of 186 countries.
Where does this data come from?
International Financial Statistics (IFS), International Monetary Fund (IMF), published as Liquid liabilities to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Canada vs Italy: Liquid liabilities to GDP. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 23 August 2026, from https://financial-sector.statizoid.com/compare/liquid-liabilities-to-gdp-percent/canada/italy/

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About this data

Indicator
Liquid liabilities to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
186 places, 8,545 data points, 1960–2021
Last refreshed

Ratio of liquid liabilities to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is liquid liabilities, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF's International Financial Statistics. Liquid liabilities (IFS lines 55L or, if not available, line 35L); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF) For Eurocurrency area countries liquid liabilities are estimated by summing IFS items 34A, 34B and 35.