Canada vs United Kingdom: Financing of social security benefits in OECD member countries — Tax
Canada
5.28 Percentage of GDP
in 2024
United Kingdom
6.07 Percentage of GDP
in 2024
Canada rank
26th
United Kingdom rank
24th
Financing of social security benefits in OECD member countries — Tax over time
- Canada
- United Kingdom
How they compare
United Kingdom currently reports 6.07 Percentage of GDP against 5.28 Percentage of GDP in Canada, a difference of 0.79 Percentage of GDP.
That makes United Kingdom's figure about 1.1 times Canada's.
Across all 60 years both countries report, United Kingdom has been ahead every year.
Canada ranks 26th and United Kingdom ranks 24th of 33 countries.
United Kingdom has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Canada | United Kingdom | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 2.28 Percentage of GDP | 4.68 Percentage of GDP | 2.41 Percentage of GDP | United Kingdom |
| 1970s | 3.04 Percentage of GDP | 5.47 Percentage of GDP | 2.43 Percentage of GDP | United Kingdom |
| 1980s | 4.08 Percentage of GDP | 6.1 Percentage of GDP | 2.01 Percentage of GDP | United Kingdom |
| 1990s | 4.8 Percentage of GDP | 5.43 Percentage of GDP | 0.6233 Percentage of GDP | United Kingdom |
| 2000s | 4.82 Percentage of GDP | 5.84 Percentage of GDP | 1.02 Percentage of GDP | United Kingdom |
| 2010s | 4.7 Percentage of GDP | 6.11 Percentage of GDP | 1.42 Percentage of GDP | United Kingdom |
| 2020s | 4.95 Percentage of GDP | 6.69 Percentage of GDP | 1.74 Percentage of GDP | United Kingdom |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financing of social security benefits in oecd member countries — tax, Canada or United Kingdom?
- United Kingdom, at 6.07 Percentage of GDP against 5.28 Percentage of GDP in Canada as of 2024.
- What is the difference in financing of social security benefits in oecd member countries — tax between Canada and United Kingdom?
- 0.79 Percentage of GDP, with United Kingdom ahead.
- How many years of comparable data are there for Canada and United Kingdom?
- 60 years are reported by both, from 1965 to 2024.
- How do Canada and United Kingdom rank globally for financing of social security benefits in oecd member countries — tax?
- Canada ranks 26th and United Kingdom ranks 24th of 33 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Financing of social security benefits in OECD member countries — Tax revenue. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Compulsory payments conferring entitlement to future social benefits These are usually earmarked to finance social benefits and paid to institutions of general government.