Current account balance in Canada
Canada: Current account balance was -0.9% in 2025. ◆ Volatile
Current account balance in Canada, 1960–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for current account balance in Canada is -0.9%, measured in 2025.
That represents a change of down 94.5% on the previous year and up 73.0% over ten years.
Over the whole period, current account balance in Canada peaked at 2.5% in 2000 and was at its lowest, -4.7%, in 1975.
Canada ranks 95th of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance in Canada, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | -2.9% | — |
| 1961 | -2.7% | -7.9% |
| 1962 | -2.6% | -5.3% |
| 1963 | -1.9% | -27.0% |
| 1964 | -0.9% | -50.8% |
| 1965 | -3.0% | +231.0% |
| 1966 | -2.6% | -15.0% |
| 1967 | -1.9% | -24.7% |
| 1968 | -1.4% | -29.9% |
| 1969 | -2.5% | +80.0% |
| 1970 | 0.6% | -122.8% |
| 1971 | -1.0% | -286.3% |
| 1972 | -2.1% | +103.2% |
| 1973 | -1.6% | -26.4% |
| 1974 | -2.8% | +82.0% |
| 1975 | -4.7% | +65.5% |
| 1976 | -3.7% | -21.6% |
| 1977 | -3.3% | -10.5% |
| 1978 | -3.7% | +13.2% |
| 1979 | -3.4% | -7.9% |
| 1980 | -2.2% | -35.6% |
| 1981 | -4.1% | +84.1% |
| 1982 | 0.6% | -114.0% |
| 1983 | -0.7% | -229.2% |
| 1984 | -0.4% | -47.8% |
| 1985 | -1.6% | +314.1% |
| 1986 | -3.0% | +87.8% |
| 1987 | -3.2% | +5.7% |
| 1988 | -3.0% | -5.2% |
| 1989 | -3.9% | +30.5% |
| 1990 | -3.4% | -13.2% |
| 1991 | -3.7% | +9.9% |
| 1992 | -3.7% | -2.2% |
| 1993 | -3.9% | +5.6% |
| 1994 | -2.4% | -37.9% |
| 1995 | -0.8% | -65.2% |
| 1996 | 0.4% | -146.1% |
| 1997 | -1.4% | -456.3% |
| 1998 | -1.4% | +3.5% |
| 1999 | 0.1% | -108.8% |
| 2000 | 2.5% | +1892.8% |
| 2001 | 2.1% | -14.1% |
| 2002 | 1.6% | -22.9% |
| 2003 | 1.2% | -29.2% |
| 2004 | 2.3% | +94.3% |
| 2005 | 1.9% | -17.4% |
| 2006 | 1.4% | -27.1% |
| 2007 | 0.8% | -44.8% |
| 2008 | 0.2% | -72.8% |
| 2009 | -3.0% | -1549.6% |
| 2010 | -3.6% | +21.2% |
| 2011 | -2.8% | -22.9% |
| 2012 | -3.5% | +27.3% |
| 2013 | -3.1% | -10.9% |
| 2014 | -2.3% | -26.3% |
| 2015 | -3.5% | +51.5% |
| 2016 | -3.1% | -12.0% |
| 2017 | -2.8% | -9.4% |
| 2018 | -2.4% | -14.9% |
| 2019 | -2.0% | -18.2% |
| 2020 | -2.0% | +3.0% |
| 2021 | -0.0% | -98.9% |
| 2022 | -0.4% | +1913.1% |
| 2023 | -0.7% | +56.9% |
| 2024 | -0.5% | -29.7% |
| 2025 | -0.9% | +94.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -2.2% | -3.0% | -0.9% | 10 |
| 1970s | -2.6% | -4.7% | 0.6% | 10 |
| 1980s | -2.2% | -4.1% | 0.6% | 10 |
| 1990s | -2.0% | -3.9% | 0.4% | 10 |
| 2000s | 1.1% | -3.0% | 2.5% | 10 |
| 2010s | -2.9% | -3.6% | -2.0% | 10 |
| 2020s | -0.8% | -2.0% | -0.0% | 6 |
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)
- Services, value added (current US$), annual growth rate 5.51 % change on previous year (2022)
- Services, value added (current US$), per unit of GDP 0.6411 current US$ per US$ of GDP (2022)
- Services, value added (current US$), per capita 36,221 current US$ per person (2022)
- Services, value added (current LCU), annual growth rate 9.53 % change on previous year (2022)
- Services, value added (current LCU), per unit of GDP 0.8344 current LCU per US$ of GDP (2022)
- Services, value added (current LCU), per capita 47,143 current LCU per person (2022)
- Services, value added (constant 2015 US$), annual growth rate 1.54 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5637 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is current account balance in Canada?
- Current account balance in Canada was -0.9% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Canada?
- The highest recorded value was 2.5% in 2000.
- What is the lowest current account balance recorded in Canada?
- The lowest recorded value was -4.7% in 1975.
- How does Canada rank for current account balance?
- Canada ranks 95th out of 199 countries with data for 2025.
- Is current account balance rising or falling in Canada?
- Over the last ten years it is up 73.0%. The long-run trend across the full record is volatile.
- Where does this Canada data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.