Canada vs India: Current account balance as a share of GDP

Canada
-0.5%
in 2024
India
-0.8%
in 2024
Canada rank
86th
India rank
94th

Current account balance as a share of GDP over time

  • Canada
  • India
-6-4-202200020122024

How they compare

Canada currently reports -0.5% against -0.8% in India, a difference of 0.3%.

The two have swapped places 8 times across 25 shared years of data; in 2000 it was Canada ahead.

Canada ranks 86th and India ranks 94th of 193 countries.

Across the 3 decades both report, Canada averaged higher in 2 and India in 1.

Head to head by decade

Decade Canada India Difference Ahead
2000s 1.1% -0.5% 1.6% Canada
2010s -2.9% -2.2% 0.7% India
2020s -0.7% -0.8% 0.1% Canada

Averages of every year both report within each decade.

Frequently asked questions

Which has higher current account balance as a share of gdp, Canada or India?
Canada, at -0.5% against -0.8% in India as of 2024.
What is the difference in current account balance as a share of gdp between Canada and India?
0.3%, with Canada ahead.
How many years of comparable data are there for Canada and India?
25 years are reported by both, from 2000 to 2024.
How do Canada and India rank globally for current account balance as a share of gdp?
Canada ranks 86th and India ranks 94th of 193 countries.
Where does this data come from?
International Monetary Fund – processed by Our World in Data, published as Current account balance as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Canada vs India: Current account balance as a share of GDP. Statizoid, drawing on International Monetary Fund – processed by Our World in Data. Retrieved 03 September 2026, from https://economy.statizoid.com/compare/current-account-balance-as-a-proportion-of-gdp/canada/india/

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About this data

Indicator
Current account balance as a share of GDP
Unit
%
Source
International Monetary Fund – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
193 places, 4,374 data points, 2000–2024
Last refreshed

Current account balance as a proportion of GDP (%).