Canada vs Türkiye: Current account balance
Current account balance over time
- Canada
- Türkiye
How they compare
Türkiye currently reports -0.8% against -0.9% in Canada, a difference of 0.1%.
The two have swapped places 15 times across 51 shared years of data; in 1974 it was Türkiye ahead.
Canada ranks 95th and Türkiye ranks 93rd of 200 countries.
Across the 6 decades both report, Canada averaged higher in 3 and Türkiye in 3.
Head to head by decade
| Decade | Canada | Türkiye | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -3.6% | -3.0% | 0.6% | Türkiye |
| 1980s | -2.2% | -1.6% | 0.5% | Türkiye |
| 1990s | -2.0% | -0.6% | 1.4% | Türkiye |
| 2000s | 1.1% | -3.0% | 4.1% | Canada |
| 2010s | -2.9% | -3.7% | 0.8% | Canada |
| 2020s | -0.7% | -2.9% | 2.1% | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Canada or Türkiye?
- Türkiye, at -0.8% against -0.9% in Canada as of 2024.
- What is the difference in current account balance between Canada and Türkiye?
- 0.1%, with Türkiye ahead.
- How many years of comparable data are there for Canada and Türkiye?
- 51 years are reported by both, from 1974 to 2024.
- How do Canada and Türkiye rank globally for current account balance?
- Canada ranks 95th and Türkiye ranks 93rd of 200 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.