Canada vs Iceland: NAAG Chapter 7: Corporations — Debt to gross operating surplus ratio

Canada
7.28 Factor of gross operating surplus
in 2025
Iceland
11.61 Factor of gross operating surplus
in 2013
Canada rank
4th
Iceland rank
2nd

NAAG Chapter 7: Corporations — Debt to gross operating surplus ratio over time

  • Canada
  • Iceland
01020304050199520102025

How they compare

Iceland currently reports 11.61 Factor of gross operating surplus against 7.28 Factor of gross operating surplus in Canada, a difference of 4.33 Factor of gross operating surplus.

That makes Iceland's figure about 1.6 times Canada's.

Across all 11 years both countries report, Iceland has been ahead every year.

Canada ranks 4th and Iceland ranks 2nd of 25 countries.

Iceland has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Canada Iceland Difference Ahead
2000s 5.29 Factor of gross operating surplus 22.93 Factor of gross operating surplus 17.64 Factor of gross operating surplus Iceland
2010s 6.16 Factor of gross operating surplus 12.59 Factor of gross operating surplus 6.43 Factor of gross operating surplus Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher naag chapter 7: corporations — debt to gross operating surplus ratio, Canada or Iceland?
Iceland, at 11.61 Factor of gross operating surplus against 7.28 Factor of gross operating surplus in Canada as of 2013.
What is the difference in naag chapter 7: corporations — debt to gross operating surplus ratio between Canada and Iceland?
4.33 Factor of gross operating surplus, with Iceland ahead.
How many years of comparable data are there for Canada and Iceland?
11 years are reported by both, from 2003 to 2013.
How do Canada and Iceland rank globally for naag chapter 7: corporations — debt to gross operating surplus ratio?
Canada ranks 4th and Iceland ranks 2nd of 25 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as NAAG Chapter 7: Corporations — Debt to gross operating surplus ratio of non-financial corporations. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Canada vs Iceland: NAAG Chapter 7: Corporations — Debt to gross operating surplus ratio. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 16 September 2026, from https://economy.statizoid.com/compare/naag-chapter-7-corporations-debt-to-gross-operating-surplus-ratio-of-non-financial/canada/iceland/

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<a href="https://economy.statizoid.com/compare/naag-chapter-7-corporations-debt-to-gross-operating-surplus-ratio-of-non-financial/canada/iceland/">Canada vs Iceland: NAAG Chapter 7: Corporations — Debt to gross operating surplus ratio</a> — Statizoid

About this data

Indicator
NAAG Chapter 7: Corporations — Debt to gross operating surplus ratio of non-financial corporations
Unit
Factor of gross operating surplus
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
34 places, 929 data points, 1995–2025
Last refreshed

The National Accounts at a Glance (NAAG) is based on the original publication and has nine chapters: The first chapter focuses on indicators of Gross Domestic Product (GDP). The second is about income and related indicators and presents measures of net national income, savings and net lending/net borrowing. The third chapter looks at the expenditure approach to GDP, with information on the key components of demand and imports. The fourth chapter presents indicators from a production perspective. The fifth chapter looks at household sector indicators such as household disposable income, saving and net worth. The sixth chapter focuses on general government, presenting indicators such as general government revenue, expenditure and gross debt. The seventh chapter looks at financial and non-financial corporations. The eighth chapter presents indicators of capital stock and depreciation. Finally, chapter 9 provides reference indicators, important in their own right but also because they are used in the construction of many of the indicators presented elsewhere in NAAG.