Economic Outlook No 117 — Current account balance as a percentage of in Canada

Canada: Economic Outlook No 117 — Current account balance as a percentage of was -1.01 in 2026. ◆ Volatile

Latest (2026)
-1.01
Change on year
down 19.4%
World rank
26th
of 39 countries
All-time high
2.55
in 2000
All-time low
-4.72
in 1975
Years of data
66
1961–2026

Economic Outlook No 117 — Current account balance as a percentage of in Canada, 1961–2026

-4-202196119932026

Source: Organisation for Economic Co-operation and Development.

Analysis

In 2026, economic outlook no 117 — current account balance as a percentage of in Canada stood at -1.01.

The figure is down 19.4% on the previous year and up 67.4% over ten years.

Over the whole period, economic outlook no 117 — current account balance as a percentage of in Canada peaked at 2.55 in 2000 and was at its lowest, -4.72, in 1975.

Canada ranks 26th of 39 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.

Economic Outlook No 117 — Current account balance as a percentage of in Canada, year by year

Annual values for Economic Outlook No 117 — Current account balance as a percentage of GDP in Canada, 1961 to 2026.
Year Value Change
1961 -3.04
1962 -2.85 -6.2%
1963 -2.15 -24.7%
1964 -1.15 -46.3%
1965 -3.25 +181.1%
1966 -2.73 -15.8%
1967 -2.03 -25.7%
1968 -1.39 -31.4%
1969 -2.42 +73.9%
1970 0.5787 -123.9%
1971 -1.03 -277.3%
1972 -2.13 +107.9%
1973 -1.57 -26.3%
1974 -2.85 +81.5%
1975 -4.72 +65.2%
1976 -3.71 -21.3%
1977 -3.31 -10.8%
1978 -3.79 +14.6%
1979 -3.48 -8.3%
1980 -2.27 -34.8%
1981 -4.18 +84.3%
1982 0.4848 -111.6%
1983 -0.8376 -272.8%
1984 -0.4567 -45.5%
1985 -1.66 +263.3%
1986 -3.06 +84.4%
1987 -3.22 +5.3%
1988 -3.06 -5.0%
1989 -3.96 +29.3%
1990 -3.43 -13.3%
1991 -3.73 +8.7%
1992 -3.61 -3.3%
1993 -3.84 +6.4%
1994 -2.38 -38.1%
1995 -0.823 -65.4%
1996 0.4152 -150.5%
1997 -1.34 -422.1%
1998 -1.34 +0.0%
1999 0.1787 -113.4%
2000 2.55 +1327.2%
2001 2.21 -13.2%
2002 1.74 -21.6%
2003 1.23 -29.1%
2004 2.35 +90.5%
2005 1.93 -17.8%
2006 1.44 -25.0%
2007 0.8233 -43.0%
2008 0.1472 -82.1%
2009 -2.91 -2076.5%
2010 -3.56 +22.4%
2011 -2.71 -23.9%
2012 -3.53 +30.3%
2013 -3.14 -11.1%
2014 -2.32 -26.2%
2015 -3.5 +50.7%
2016 -3.09 -11.6%
2017 -2.8 -9.2%
2018 -2.38 -15.2%
2019 -1.95 -17.8%
2020 -2.02 +3.3%
2021 -0.0192 -99.0%
2022 -0.3039 +1479.4%
2023 -0.6267 +106.2%
2024 -0.5083 -18.9%
2025 -0.8424 +65.7%
2026 -1.01 +19.4%

Canada compared with similar countries

  • Canada's -1.01 is below the median for high income countries, which is 0.4993. (29 countries reporting)

Biggest year-on-year movements

Years where Economic Outlook No 117 — Current account balance as a percentage of in Canada changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2009 -2076.5% 0.1472 -2.91
2022 -1479.4% -0.0192 -0.3039
2000 +1327.2% 0.1787 2.55
1997 -422.1% 0.4152 -1.34
1971 -277.3% 0.5787 -1.03
1983 -272.8% 0.4848 -0.8376

Averages by decade

DecadeAverage LowestHighest Years
1960s -2.34 -3.25 -1.15 9
1970s -2.6 -4.72 0.5787 10
1980s -2.22 -4.18 0.4848 10
1990s -1.99 -3.84 0.4152 10
2000s 1.15 -2.91 2.55 10
2010s -2.9 -3.56 -1.95 10
2020s -0.7605 -2.02 -0.0192 7

Countries ranked near Canada

  1. 23 Chile -0.8153 compare
  2. 24 Argentina -0.8261 compare
  3. 25 Finland -0.8948 compare
  4. 27 South Africa -1.85 compare
  5. 28 Costa Rica -1.99 compare
  6. 29 Australia -2.2 compare

See the full ranking of 53 places →

More economy & growth data for Canada

All data for Canada →

Frequently asked questions

What is economic outlook no 117 — current account balance as a percentage of in Canada?
Economic outlook no 117 — current account balance as a percentage of in Canada was -1.01 in 2026, according to Organisation for Economic Co-operation and Development.
What is the highest economic outlook no 117 — current account balance as a percentage of recorded in Canada?
The highest recorded value was 2.55 in 2000.
What is the lowest economic outlook no 117 — current account balance as a percentage of recorded in Canada?
The lowest recorded value was -4.72 in 1975.
How does Canada rank for economic outlook no 117 — current account balance as a percentage of?
Canada ranks 26th out of 39 countries with data for 2026.
Is economic outlook no 117 — current account balance as a percentage of rising or falling in Canada?
Over the last ten years it is up 67.4%. 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 No 117 — Current account balance as a percentage of GDP. Statizoid updates them automatically from the source API.

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Economic Outlook No 117 — Current account balance as a percentage of in Canada. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 15 September 2026, from https://economy.statizoid.com/stat/economic-outlook-no-117-current-account-balance-as-a-percentage-of-gdp/canada/

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About this data

Indicator
Economic Outlook No 117 — Current account balance as a percentage of GDP
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
53 places, 2,334 data points, 1960–2026
Last refreshed

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