Annual growth of imports of goods and services in Canada
Canada: Annual growth of imports of goods and services was 0.7% in 2024. ◆ Volatile
Annual growth of imports of goods and services in Canada, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2024, annual growth of imports of goods and services in Canada stood at 0.7%.
The figure is up 111.8% on the previous year and down 71.4% over ten years.
Over the whole period, annual growth of imports of goods and services in Canada peaked at 13.8% in 2010 and was at its lowest, -12.4%, in 2009.
That places Canada 122nd out of 176 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of imports of goods and services in Canada, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 8.5% | — |
| 2001 | -4.9% | -157.3% |
| 2002 | 1.9% | -138.5% |
| 2003 | 4.2% | +125.5% |
| 2004 | 8.5% | +100.9% |
| 2005 | 7.3% | -13.8% |
| 2006 | 5.3% | -27.5% |
| 2007 | 5.8% | +8.6% |
| 2008 | 0.9% | -84.3% |
| 2009 | -12.4% | -1463.7% |
| 2010 | 13.8% | -211.0% |
| 2011 | 5.6% | -59.4% |
| 2012 | 3.7% | -34.2% |
| 2013 | 2.1% | -43.5% |
| 2014 | 2.5% | +21.2% |
| 2015 | 0.8% | -69.8% |
| 2016 | 0.1% | -93.4% |
| 2017 | 4.8% | +9460.0% |
| 2018 | 3.5% | -26.8% |
| 2019 | -0.1% | -103.1% |
| 2020 | -9.4% | +8463.6% |
| 2021 | 8.4% | -188.7% |
| 2022 | 7.5% | -9.8% |
| 2023 | 0.3% | -95.5% |
| 2024 | 0.7% | +111.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.5% | -12.4% | 8.5% | 10 |
| 2010s | 3.7% | -0.1% | 13.8% | 10 |
| 2020s | 1.5% | -9.4% | 8.4% | 5 |
Countries ranked near Canada
More economy & growth data for Canada
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.8812 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.66 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 57.17 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0246 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,373 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 69.03 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 9.48 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0298 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,657 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 4.88 % change on previous year (2025)
Frequently asked questions
- What is annual growth of imports of goods and services in Canada?
- Annual growth of imports of goods and services in Canada was 0.7% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of imports of goods and services recorded in Canada?
- The highest recorded value was 13.8% in 2010.
- What is the lowest annual growth of imports of goods and services recorded in Canada?
- The lowest recorded value was -12.4% in 2009.
- How does Canada rank for annual growth of imports of goods and services?
- Canada ranks 122nd out of 176 countries with data for 2024.
- Is annual growth of imports of goods and services rising or falling in Canada?
- Over the last ten years it is down 71.4%. The long-run trend across the full record is volatile.
- Where does this Canada data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of imports of goods and services. Statizoid updates them automatically from the source API.
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About this data
Annual growth of imports of goods and services (%).