Australia vs Canada: Economic Outlook No 116 — Current account balance
Economic Outlook No 116 — Current account balance over time
- Australia
- Canada
How they compare
Canada currently reports -31.16 billion against -69.02 billion in Australia, a difference of 37.86 billion.
The two have swapped places 11 times across 66 shared years of data; in 1961 it was Australia ahead.
Australia ranks 25th and Canada ranks 23rd of 36 countries.
Across the 7 decades both report, Australia averaged higher in 5 and Canada in 2.
Head to head by decade
| Decade | Australia | Canada | Difference | Ahead |
|---|---|---|---|---|
| 1960s | -480.78 million | -1.41 billion | 926.51 million | Australia |
| 1970s | -1.14 billion | -5.27 billion | 4.12 billion | Australia |
| 1980s | -10.73 billion | -11.52 billion | 788.43 million | Australia |
| 1990s | -20.96 billion | -14.96 billion | 6.00 billion | Canada |
| 2000s | -48.87 billion | 13.98 billion | 62.84 billion | Canada |
| 2010s | -47.76 billion | -56.85 billion | 9.10 billion | Australia |
| 2020s | -5.97 billion | -23.28 billion | 17.31 billion | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher economic outlook no 116 — current account balance, Australia or Canada?
- Canada, at -31.16 billion against -69.02 billion in Australia as of 2026.
- What is the difference in economic outlook no 116 — current account balance between Australia and Canada?
- 37.86 billion, with Canada ahead.
- How many years of comparable data are there for Australia and Canada?
- 66 years are reported by both, from 1961 to 2026.
- How do Australia and Canada rank globally for economic outlook no 116 — current account balance?
- Australia ranks 25th and Canada ranks 23rd of 36 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Economic Outlook No 116 — Current account balance. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2024), OECD Economic Outlook No 116 (Edition 2024/2) EO116 Database documentation EO116 Last historical points OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org