Canada vs Iceland: Economic Outlook No 117 — Balance of primary income
Economic Outlook No 117 — Balance of primary income over time
- Canada
- Iceland
How they compare
Iceland currently reports -3.30 billion against -4.00 billion in Canada, a difference of 699.91 million.
The two have swapped places 8 times across 53 shared years of data; in 1974 it was Iceland ahead.
Canada ranks 15th and Iceland ranks 14th of 35 countries.
Across the 6 decades both report, Canada averaged higher in 2 and Iceland in 4.
Head to head by decade
| Decade | Canada | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -7.35 billion | -137.87 million | 7.21 billion | Iceland |
| 1980s | -18.65 billion | -5.71 billion | 12.94 billion | Iceland |
| 1990s | -27.91 billion | -14.00 billion | 13.91 billion | Iceland |
| 2000s | -27.73 billion | -84.85 billion | 57.12 billion | Canada |
| 2010s | -17.72 billion | -47.29 billion | 29.58 billion | Canada |
| 2020s | -4.61 billion | 15.53 billion | 20.14 billion | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher economic outlook no 117 — balance of primary income, Canada or Iceland?
- Iceland, at -3.30 billion against -4.00 billion in Canada as of 2026.
- What is the difference in economic outlook no 117 — balance of primary income between Canada and Iceland?
- 699.91 million, with Iceland ahead.
- How many years of comparable data are there for Canada and Iceland?
- 53 years are reported by both, from 1974 to 2026.
- How do Canada and Iceland rank globally for economic outlook no 117 — balance of primary income?
- Canada ranks 15th and Iceland ranks 14th of 35 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Economic Outlook No 117 — Balance of primary income (balance of payments basis). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2025), OECD Economic Outlook No 117 (Edition 2025/1) EO117 Database documentation EO117 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact : eco.outlook@oecd.org Keywords : Outlook, forecasts, forecast, GDP