Canada vs Finland: Government debt by instrument coverage — SDRs, currency and deposits
Government debt by instrument coverage — SDRs, currency and deposits over time
- Canada
- Finland
How they compare
Canada currently reports 96.26 Percentage of GDP against 89.66 Percentage of GDP in Finland, a difference of 6.6 Percentage of GDP.
That makes Canada's figure about 1.1 times Finland's.
Across all 27 years both countries report, Canada has been ahead every year.
Canada ranks 9th and Finland ranks 11th of 23 countries.
Canada has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Canada | Finland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 60.56 Percentage of GDP | 41.01 Percentage of GDP | 19.55 Percentage of GDP | Canada |
| 2010s | 71.91 Percentage of GDP | 60.33 Percentage of GDP | 11.58 Percentage of GDP | Canada |
| 2020s | 92.52 Percentage of GDP | 77.89 Percentage of GDP | 14.62 Percentage of GDP | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher government debt by instrument coverage — sdrs, currency and deposits, Canada or Finland?
- Canada, at 96.26 Percentage of GDP against 89.66 Percentage of GDP in Finland as of 2026.
- What is the difference in government debt by instrument coverage — sdrs, currency and deposits between Canada and Finland?
- 6.6 Percentage of GDP, with Canada ahead.
- How many years of comparable data are there for Canada and Finland?
- 27 years are reported by both, from 2000 to 2026.
- How do Canada and Finland rank globally for government debt by instrument coverage — sdrs, currency and deposits?
- Canada ranks 9th and Finland ranks 11th of 23 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Government debt by instrument coverage — SDRs, currency and deposits, debt securities and loans. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The magnitude of government debt and debt-to-GDP ratios varies depending on which measure of debt is used. To promote international comparability, the IMF, the OECD and the World Bank have agreed on a set of standard debt measures, which are defined in the Public Sector Debt Statistics Guide for Compilers and Users and the Government Finance Statistics Manual 2014. Government gross debt is shown in four categories: D1 to D4. D1 is the narrowest measure, comprising only two financial instruments: debt securities and loans. D4 (‘total gross debt’) is the broadest measure and includes debt securities, loans, Special Drawing Rights, currency and deposits, other accounts payable and insurance, pensions and standardised guarantees. The D1 to D3 measures are comparable between OECD countries. D4 is the preferred measure of debt in the international accounting standards (System of National Accounts or SNA) but cross-country comparability is more difficult for D4 because countries have different approaches to recording unfunded pension liabilities for government employees. For more information, please see the document: Measuring Government Debt: D1-D4