Canada vs Italy: Economic Outlook No 117 — Current account balance, residual item
Economic Outlook No 117 — Current account balance, residual item over time
- Canada
- Italy
How they compare
Italy currently reports 1.00 billion against 0 in Canada, a difference of 1.00 billion.
The two have swapped places 7 times across 56 shared years of data; in 1971 it was Canada ahead.
Canada ranks 9th and Italy ranks 7th of 34 countries.
Across the 6 decades both report, Canada averaged higher in 4 and Italy in 2.
Head to head by decade
| Decade | Canada | Italy | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 388.41 million | -688.77 million | 1.08 billion | Canada |
| 1980s | 24.76 million | -2.72 billion | 2.74 billion | Canada |
| 1990s | -800,000 | -1.40 billion | 1.40 billion | Canada |
| 2000s | 1.70 million | -592.20 million | 593.90 million | Canada |
| 2010s | -900,000 | 386.14 million | 387.04 million | Italy |
| 2020s | -714,286 | 1.70 billion | 1.71 billion | Italy |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher economic outlook no 117 — current account balance, residual item, Canada or Italy?
- Italy, at 1.00 billion against 0 in Canada as of 2026.
- What is the difference in economic outlook no 117 — current account balance, residual item between Canada and Italy?
- 1.00 billion, with Italy ahead.
- How many years of comparable data are there for Canada and Italy?
- 56 years are reported by both, from 1971 to 2026.
- How do Canada and Italy rank globally for economic outlook no 117 — current account balance, residual item?
- Canada ranks 9th and Italy ranks 7th of 34 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Economic Outlook No 117 — Current account balance, residual item. 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 (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