Australia vs Canada: Economic Outlook No 117 — Current account balance in USD

Australia
-41.78 billion
in 2026
Canada
-23.66 billion
in 2026
Australia rank
35th
Canada rank
32nd

Economic Outlook No 117 — Current account balance in USD over time

  • Australia
  • Canada
-75.0B-50.0B-25.0B025.0B50.0B196019932026

How they compare

Canada currently reports -23.66 billion against -41.78 billion in Australia, a difference of 18.11 billion.

The two have swapped places 13 times across 66 shared years of data; in 1961 it was Australia ahead.

Australia ranks 35th and Canada ranks 32nd of 39 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 -535.86 million -1.32 billion 779.25 million Australia
1970s -1.35 billion -4.97 billion 3.62 billion Australia
1980s -8.81 billion -9.18 billion 367.42 million Australia
1990s -14.95 billion -11.92 billion 3.04 billion Canada
2000s -36.68 billion 10.14 billion 46.82 billion Canada
2010s -43.63 billion -49.39 billion 5.76 billion Australia
2020s -6.63 billion -15.40 billion 8.77 billion Australia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher economic outlook no 117 — current account balance in usd, Australia or Canada?
Canada, at -23.66 billion against -41.78 billion in Australia as of 2026.
What is the difference in economic outlook no 117 — current account balance in usd between Australia and Canada?
18.11 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 117 — current account balance in usd?
Australia ranks 35th and Canada ranks 32nd of 39 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Economic Outlook No 117 — Current account balance in USD. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Canada: Economic Outlook No 117 — Current account balance in USD. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 08 September 2026, from https://economy.statizoid.com/compare/economic-outlook-no-117-current-account-balance-in-usd/australia/canada/

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About this data

Indicator
Economic Outlook No 117 — Current account balance in USD
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
56 places, 2,451 data points, 1960–2026
Last refreshed

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 (2025), OECD Economic Outlook No 117 (Edition 2025/1) EO117 Database documentation EO117 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact : eco.outlook@oecd.org Keywords : Outlook, forecasts, forecast, GDP