Economic Outlook 119 — Current account balance in USD in Canada
Canada: Economic Outlook 119 — Current account balance in USD was -19.16 billion in 2027. ◆ Volatile
Economic Outlook 119 — Current account balance in USD in Canada, 1961–2027
Source: Organisation for Economic Co-operation and Development.
Analysis
The most recent figure for economic outlook 119 — current account balance in usd in Canada is -19.16 billion, measured in 2027.
Compared with earlier readings it is up 58.7% over ten years.
Over the whole period, economic outlook 119 — current account balance in usd in Canada peaked at 24.07 billion in 2004 and was at its lowest, -64.63 billion, in 2012.
That places Canada 31st out of 41 countries with data for 2027, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Economic Outlook 119 — Current account balance in USD in Canada, year by year
| Year | Value | Change |
|---|---|---|
| 1961 | -1.26 billion | — |
| 1962 | -1.22 billion | -3.1% |
| 1963 | -980.24 million | -19.8% |
| 1964 | -577.65 million | -41.1% |
| 1965 | -1.79 billion | +210.4% |
| 1966 | -1.69 billion | -5.6% |
| 1967 | -1.35 billion | -20.2% |
| 1968 | -1.01 billion | -25.0% |
| 1969 | -1.94 billion | +91.8% |
| 1970 | 526.30 million | -127.1% |
| 1971 | -1.04 billion | -296.7% |
| 1972 | -2.44 billion | +136.1% |
| 1973 | -2.09 billion | -14.5% |
| 1974 | -4.61 billion | +120.6% |
| 1975 | -8.25 billion | +79.0% |
| 1976 | -7.75 billion | -6.1% |
| 1977 | -7.10 billion | -8.4% |
| 1978 | -8.36 billion | +17.8% |
| 1979 | -8.54 billion | +2.2% |
| 1980 | -6.26 billion | -26.8% |
| 1981 | -12.84 billion | +105.2% |
| 1982 | 1.50 billion | -111.7% |
| 1983 | -2.86 billion | -290.4% |
| 1984 | -1.67 billion | -41.6% |
| 1985 | -6.06 billion | +263.4% |
| 1986 | -11.60 billion | +91.4% |
| 1987 | -13.98 billion | +20.5% |
| 1988 | -15.59 billion | +11.5% |
| 1989 | -22.45 billion | +44.0% |
| 1990 | -20.43 billion | -9.0% |
| 1991 | -22.84 billion | +11.8% |
| 1992 | -21.52 billion | -5.8% |
| 1993 | -22.18 billion | +3.1% |
| 1994 | -13.78 billion | -37.9% |
| 1995 | -4.97 billion | -64.0% |
| 1996 | 2.61 billion | -152.6% |
| 1997 | -8.72 billion | -433.9% |
| 1998 | -8.55 billion | -2.0% |
| 1999 | 1.22 billion | -114.3% |
| 2000 | 18.95 billion | +1454.9% |
| 2001 | 16.44 billion | -13.2% |
| 2002 | 13.18 billion | -19.8% |
| 2003 | 11.16 billion | -15.3% |
| 2004 | 24.07 billion | +115.7% |
| 2005 | 22.88 billion | -4.9% |
| 2006 | 19.03 billion | -16.8% |
| 2007 | 11.86 billion | -37.7% |
| 2008 | 4.10 billion | -65.4% |
| 2009 | -40.31 billion | -1082.3% |
| 2010 | -57.53 billion | +42.7% |
| 2011 | -48.71 billion | -15.3% |
| 2012 | -64.63 billion | +32.7% |
| 2013 | -58.04 billion | -10.2% |
| 2014 | -41.78 billion | -28.0% |
| 2015 | -54.53 billion | +30.5% |
| 2016 | -47.23 billion | -13.4% |
| 2017 | -46.36 billion | -1.9% |
| 2018 | -41.02 billion | -11.5% |
| 2019 | -34.06 billion | -17.0% |
| 2020 | -33.42 billion | -1.9% |
| 2021 | -392.45 million | -98.8% |
| 2022 | -9.62 billion | +2351.3% |
| 2023 | -15.16 billion | +57.6% |
| 2024 | -11.00 billion | -27.5% |
| 2025 | -21.90 billion | +99.0% |
| 2026 | -19.15 billion | -12.5% |
| 2027 | -19.16 billion | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -1.32 billion | -1.94 billion | -577.65 million | 9 |
| 1970s | -4.97 billion | -8.54 billion | 526.30 million | 10 |
| 1980s | -9.18 billion | -22.45 billion | 1.50 billion | 10 |
| 1990s | -11.92 billion | -22.84 billion | 2.61 billion | 10 |
| 2000s | 10.14 billion | -40.31 billion | 24.07 billion | 10 |
| 2010s | -49.39 billion | -64.63 billion | -34.06 billion | 10 |
| 2020s | -16.23 billion | -33.42 billion | -392.45 million | 8 |
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)
- Gross value added at basic prices (GVA) (current US$), annual growth 2.6 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9375 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 52,219 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 4.75 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1.31 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 73,008 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.57 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7634 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is economic outlook 119 — current account balance in usd in Canada?
- Economic outlook 119 — current account balance in usd in Canada was -19.16 billion in 2027, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook 119 — current account balance in usd recorded in Canada?
- The highest recorded value was 24.07 billion in 2004.
- What is the lowest economic outlook 119 — current account balance in usd recorded in Canada?
- The lowest recorded value was -64.63 billion in 2012.
- How does Canada rank for economic outlook 119 — current account balance in usd?
- Canada ranks 31st out of 41 countries with data for 2027.
- Is economic outlook 119 — current account balance in usd rising or falling in Canada?
- Over the last ten years it is up 58.7%. The long-run trend across the full record is volatile.
- Where does this Canada data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook 119 — Current account balance in USD. Statizoid updates them automatically from the source API.
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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 (2026), OECD Economic Outlook No 119 (Edition 2026/1) EO119 Database documentation EO119 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