Canada vs Saudi Arabia: Current account balance
Current account balance over time
- Canada
- Saudi Arabia
How they compare
Canada currently reports -22.01 billion BoP, current US$ against -32.74 billion BoP, current US$ in Saudi Arabia, a difference of 10.73 billion BoP, current US$.
The two have swapped places 13 times across 55 shared years of data; in 1971 it was Saudi Arabia ahead.
Canada ranks 193rd and Saudi Arabia ranks 194th of 199 countries.
Saudi Arabia has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Canada | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -5.50 billion BoP, current US$ | 8.59 billion BoP, current US$ | 14.09 billion BoP, current US$ | Saudi Arabia |
| 1980s | -8.91 billion BoP, current US$ | 212.03 million BoP, current US$ | 9.12 billion BoP, current US$ | Saudi Arabia |
| 1990s | -12.09 billion BoP, current US$ | -9.41 billion BoP, current US$ | 2.67 billion BoP, current US$ | Saudi Arabia |
| 2000s | 9.38 billion BoP, current US$ | 57.99 billion BoP, current US$ | 48.61 billion BoP, current US$ | Saudi Arabia |
| 2010s | -49.59 billion BoP, current US$ | 65.41 billion BoP, current US$ | 114.99 billion BoP, current US$ | Saudi Arabia |
| 2020s | -15.30 billion BoP, current US$ | 22.09 billion BoP, current US$ | 37.38 billion BoP, current US$ | Saudi Arabia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Canada or Saudi Arabia?
- Canada, at -22.01 billion BoP, current US$ against -32.74 billion BoP, current US$ in Saudi Arabia as of 2025.
- What is the difference in current account balance between Canada and Saudi Arabia?
- 10.73 billion BoP, current US$, with Canada ahead.
- How many years of comparable data are there for Canada and Saudi Arabia?
- 55 years are reported by both, from 1971 to 2025.
- How do Canada and Saudi Arabia rank globally for current account balance?
- Canada ranks 193rd and Saudi Arabia ranks 194th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.