Canada vs Mexico: External balance on goods and services as a percent of GDP

Canada
-0.8%
in 2025
Mexico
-0.6%
in 2025
Canada rank
85th
Mexico rank
84th

External balance on goods and services as a percent of GDP over time

  • Canada
  • Mexico
-50510196019922025

How they compare

Mexico currently reports -0.6% against -0.8% in Canada, a difference of 0.2%.

The two have swapped places 13 times across 65 shared years of data; in 1961 it was Canada ahead.

Canada ranks 85th and Mexico ranks 84th of 191 countries.

Across the 7 decades both report, Canada averaged higher in 5 and Mexico in 2.

Head to head by decade

Decade Canada Mexico Difference Ahead
1960s 0.2% -1.9% 2.1% Canada
1970s 0.3% -1.3% 1.5% Canada
1980s 1.8% 3.2% 1.5% Mexico
1990s 1.5% -1.5% 3.0% Canada
2000s 3.3% -1.6% 5.0% Canada
2010s -1.8% -1.5% 0.3% Mexico
2020s -0.4% -1.0% 0.6% Canada

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services as a percent of gdp, Canada or Mexico?
Mexico, at -0.6% against -0.8% in Canada as of 2025.
What is the difference in external balance on goods and services as a percent of gdp between Canada and Mexico?
0.2%, with Mexico ahead.
How many years of comparable data are there for Canada and Mexico?
65 years are reported by both, from 1961 to 2025.
How do Canada and Mexico rank globally for external balance on goods and services as a percent of gdp?
Canada ranks 85th and Mexico ranks 84th of 191 countries.
Where does this data come from?
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as External balance on goods and services as a percent of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Canada vs Mexico: External balance on goods and services as a percent of GDP. Statizoid, drawing on National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Retrieved 13 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-as-a-percent-of-gdp/canada/mexico/

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About this data

Indicator
External balance on goods and services as a percent of GDP
Unit
% of GDP
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
191 places, 9,006 data points, 1960–2025
Last refreshed

Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.