Canada vs Italy: Loans, Liabilities, Transactions

Canada
10.61 billion
in 2025
Italy
18.26 billion
in 2025
Canada rank
12th
Italy rank
10th

Loans, Liabilities, Transactions over time

  • Canada
  • Italy
-20.0B020.0B40.0B199020072025

How they compare

Italy currently reports 18.26 billion against 10.61 billion in Canada, a difference of 7.65 billion.

That makes Italy's figure about 1.7 times Canada's.

The two have swapped places 12 times across 27 shared years of data; in 1999 it was Italy ahead.

Canada ranks 12th and Italy ranks 10th of 33 countries.

Across the 4 decades both report, Canada averaged higher in 2 and Italy in 2.

Head to head by decade

Decade Canada Italy Difference Ahead
1990s 2.78 billion 5.99 billion 3.21 billion Italy
2000s 4.97 billion 1.24 billion 3.73 billion Canada
2010s 10.08 billion 2.84 billion 7.24 billion Canada
2020s 15.62 billion 23.32 billion 7.70 billion Italy

Averages of every year both report within each decade.

Frequently asked questions

Which has higher loans, liabilities, transactions, Canada or Italy?
Italy, at 18.26 billion against 10.61 billion in Canada as of 2025.
What is the difference in loans, liabilities, transactions between Canada and Italy?
7.65 billion, with Italy ahead.
How many years of comparable data are there for Canada and Italy?
27 years are reported by both, from 1999 to 2025.
How do Canada and Italy rank globally for loans, liabilities, transactions?
Canada ranks 12th and Italy ranks 10th of 33 countries.
Where does this data come from?
International Monetary Fund, published as Loans, Liabilities, Transactions (Statement of operations, General government). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Canada vs Italy: Loans, Liabilities, Transactions. Statizoid, drawing on International Monetary Fund. Retrieved 25 August 2026, from https://debt.statizoid.com/compare/loans-liabilities-transactions-statement-of-operations-general-government/canada/italy/

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About this data

Indicator
Loans, Liabilities, Transactions (Statement of operations, General government)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
33 places, 847 data points, 1990–2025
Last refreshed

The Government Finance Statistics (GFS) includes government revenues and expenditures, government net lending / net borrowing (the surplus / deficit) financing transactions and balance sheet data on government assets and liabilities. Statistics are available for different levels of government including budgetary central government, central government and general government.