Canada vs United States: Financing of social security benefits in OECD member countries — Tax
Canada
5.28 Percentage of GDP
in 2024
United States
5.98 Percentage of GDP
in 2024
Canada rank
26th
United States rank
25th
Financing of social security benefits in OECD member countries — Tax over time
- Canada
- United States
How they compare
United States currently reports 5.98 Percentage of GDP against 5.28 Percentage of GDP in Canada, a difference of 0.7 Percentage of GDP.
That makes United States's figure about 1.1 times Canada's.
Across all 60 years both countries report, United States has been ahead every year.
Canada ranks 26th and United States ranks 25th of 33 countries.
United States has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Canada | United States | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 2.28 Percentage of GDP | 3.63 Percentage of GDP | 1.36 Percentage of GDP | United States |
| 1970s | 3.04 Percentage of GDP | 4.74 Percentage of GDP | 1.7 Percentage of GDP | United States |
| 1980s | 4.08 Percentage of GDP | 6.13 Percentage of GDP | 2.05 Percentage of GDP | United States |
| 1990s | 4.8 Percentage of GDP | 6.67 Percentage of GDP | 1.86 Percentage of GDP | United States |
| 2000s | 4.82 Percentage of GDP | 6.45 Percentage of GDP | 1.63 Percentage of GDP | United States |
| 2010s | 4.7 Percentage of GDP | 5.98 Percentage of GDP | 1.28 Percentage of GDP | United States |
| 2020s | 4.95 Percentage of GDP | 6.05 Percentage of GDP | 1.1 Percentage of GDP | United States |
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 States?
- United States, at 5.98 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 States?
- 0.7 Percentage of GDP, with United States ahead.
- How many years of comparable data are there for Canada and United States?
- 60 years are reported by both, from 1965 to 2024.
- How do Canada and United States rank globally for financing of social security benefits in oecd member countries — tax?
- Canada ranks 26th and United States ranks 25th 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.