Canada vs United Kingdom of Great Britain and Northern Ireland: Net incurrence of liabilities, Transactions

Canada
238.75 billion
in 2025
United Kingdom of Great Britain and Northern Ireland
247.41 billion
in 2025
Canada rank
10th
United Kingdom of Great Britain and Northern Ireland rank
9th

Net incurrence of liabilities, Transactions over time

  • Canada
  • United Kingdom of Great Britain and Northern Ireland
0200.0B400.0B600.0B199020072025

How they compare

United Kingdom of Great Britain and Northern Ireland currently reports 247.41 billion against 238.75 billion in Canada, a difference of 8.66 billion.

The two have swapped places 11 times across 27 shared years of data; in 1999 it was Canada ahead.

Canada ranks 10th and United Kingdom of Great Britain and Northern Ireland ranks 9th of 33 countries.

Across the 4 decades both report, Canada averaged higher in 2 and United Kingdom of Great Britain and Northern Ireland in 2.

Head to head by decade

Decade Canada United Kingdom of Great Britain and Northern Ireland Difference Ahead
1990s 29.01 billion 26.95 billion 2.06 billion Canada
2000s 49.57 billion 104.18 billion 54.61 billion United Kingdom of Great Britain and Northern Ireland
2010s 81.99 billion 122.01 billion 40.02 billion United Kingdom of Great Britain and Northern Ireland
2020s 246.36 billion 243.27 billion 3.09 billion Canada

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net incurrence of liabilities, transactions, Canada or United Kingdom of Great Britain and Northern Ireland?
United Kingdom of Great Britain and Northern Ireland, at 247.41 billion against 238.75 billion in Canada as of 2025.
What is the difference in net incurrence of liabilities, transactions between Canada and United Kingdom of Great Britain and Northern Ireland?
8.66 billion, with United Kingdom of Great Britain and Northern Ireland ahead.
How many years of comparable data are there for Canada and United Kingdom of Great Britain and Northern Ireland?
27 years are reported by both, from 1999 to 2025.
How do Canada and United Kingdom of Great Britain and Northern Ireland rank globally for net incurrence of liabilities, transactions?
Canada ranks 10th and United Kingdom of Great Britain and Northern Ireland ranks 9th of 33 countries.
Where does this data come from?
International Monetary Fund, published as Net incurrence of 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 United Kingdom of Great Britain and Northern Ireland: Net incurrence of liabilities, Transactions. Statizoid, drawing on International Monetary Fund. Retrieved 06 September 2026, from https://debt.statizoid.com/compare/net-incurrence-of-liabilities-transactions-statement-of-operations-general-government/canada/united-kingdom/

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About this data

Indicator
Net incurrence of 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.