Economic Outlook No 117 — Current account balance, residual item in Canada
Canada: Economic Outlook No 117 — Current account balance, residual item was 0 in 2026. ◆ Volatile
Economic Outlook No 117 — Current account balance, residual item in Canada, 1961–2026
Source: Organisation for Economic Co-operation and Development.
Analysis
Canada recorded 0 for economic outlook no 117 — current account balance, residual item in 2026.
Compared with earlier readings it is up 100.0% over ten years.
Over the whole period, economic outlook no 117 — current account balance, residual item in Canada peaked at 439.08 million in 1973 and was at its lowest, -74.45 million, in 1961.
That places Canada 9th out of 34 countries with data for 2026, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Economic Outlook No 117 — Current account balance, residual item in Canada, year by year
| Year | Value | Change |
|---|---|---|
| 1961 | -74.45 million | — |
| 1962 | -50.34 million | -32.4% |
| 1963 | -35.83 million | -28.8% |
| 1964 | -8.54 million | -76.2% |
| 1965 | 13.93 million | -263.0% |
| 1966 | 66.22 million | +375.5% |
| 1967 | 162.15 million | +144.9% |
| 1968 | 242.22 million | +49.4% |
| 1969 | 332.96 million | +37.5% |
| 1970 | 365.53 million | +9.8% |
| 1971 | 387.60 million | +6.0% |
| 1972 | 405.35 million | +4.6% |
| 1973 | 439.08 million | +8.3% |
| 1974 | 422.19 million | -3.8% |
| 1975 | 397.74 million | -5.8% |
| 1976 | 417.31 million | +4.9% |
| 1977 | 384.85 million | -7.8% |
| 1978 | 323.39 million | -16.0% |
| 1979 | 318.21 million | -1.6% |
| 1980 | 233.64 million | -26.6% |
| 1981 | -2.00 million | -100.9% |
| 1982 | 2.00 million | -200.0% |
| 1983 | 5.00 million | +150.0% |
| 1984 | -1.00 million | -120.0% |
| 1985 | -5.00 million | +400.0% |
| 1986 | -2.00 million | -60.0% |
| 1987 | 10.00 million | -600.0% |
| 1988 | 6.00 million | -40.0% |
| 1989 | 1.00 million | -83.3% |
| 1990 | 3.00 million | +200.0% |
| 1991 | 0 | -100.0% |
| 1992 | 1.00 million | — |
| 1993 | -12.00 million | -1300.0% |
| 1994 | 0 | -100.0% |
| 1995 | -4.00 million | — |
| 1996 | 7.00 million | -275.0% |
| 1997 | -7.00 million | -200.0% |
| 1998 | 4.00 million | -157.1% |
| 1999 | 0 | -100.0% |
| 2000 | 10.00 million | — |
| 2001 | 5.00 million | -50.0% |
| 2002 | 3.00 million | -40.0% |
| 2003 | 3.00 million | +0.0% |
| 2004 | -8.00 million | -366.7% |
| 2005 | -2.00 million | -75.0% |
| 2006 | 0 | -100.0% |
| 2007 | 2.00 million | — |
| 2008 | 4.00 million | +100.0% |
| 2009 | 0 | -100.0% |
| 2010 | -1.00 million | — |
| 2011 | -2.00 million | +100.0% |
| 2012 | 0 | -100.0% |
| 2013 | -2.00 million | — |
| 2014 | 0 | -100.0% |
| 2015 | -1.00 million | — |
| 2016 | -2.00 million | +100.0% |
| 2017 | -1.00 million | -50.0% |
| 2018 | 0 | -100.0% |
| 2019 | 0 | — |
| 2020 | 1.00 million | — |
| 2021 | -7.00 million | -800.0% |
| 2022 | 0 | -100.0% |
| 2023 | 4.00 million | — |
| 2024 | -3.00 million | -175.0% |
| 2025 | 0 | -100.0% |
| 2026 | 0 | — |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 72.03 million | -74.45 million | 332.96 million | 9 |
| 1970s | 386.12 million | 318.21 million | 439.08 million | 10 |
| 1980s | 24.76 million | -5.00 million | 233.64 million | 10 |
| 1990s | -800,000 | -12.00 million | 7.00 million | 10 |
| 2000s | 1.70 million | -8.00 million | 10.00 million | 10 |
| 2010s | -900,000 | -2.00 million | 0 | 10 |
| 2020s | -714,286 | -7.00 million | 4.00 million | 7 |
Countries ranked near Canada
- 6 Portugal 1.04 billion compare
- 7 Ireland 1.00 billion compare
- 7 Italy 1.00 billion compare
- 8 Türkiye -28.79 billion compare
- 9 United States of America 0 compare
- 9 Romania 0 compare
- 9 Bulgaria 0 compare
- 9 United Kingdom of Great Britain and Northern Ireland 0
- 9 Austria 0 compare
- 9 Australia 0 compare
- 9 Chile 0 compare
- 9 Denmark 0 compare
- 9 Hungary 0 compare
- 9 Iceland 0 compare
- 9 Japan 0 compare
- 9 Sweden 0 compare
- 9 Belgium 0 compare
- 9 Finland 0 compare
- 9 France 0 compare
- 9 Germany 0 compare
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)
- Imports of goods and services (constant 2015 US$), annual growth rate -0.4076 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.2674 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 14,895 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -371.6 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -381.5 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 36.61 % change on previous year (2022)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0252 current LCU per US$ of GDP (2022)
- Agriculture, forestry, and fishing, value added (current LCU), per 1,421 current LCU per person (2022)
Frequently asked questions
- What is economic outlook no 117 — current account balance, residual item in Canada?
- Economic outlook no 117 — current account balance, residual item in Canada was 0 in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 117 — current account balance, residual item recorded in Canada?
- The highest recorded value was 439.08 million in 1973.
- What is the lowest economic outlook no 117 — current account balance, residual item recorded in Canada?
- The lowest recorded value was -74.45 million in 1961.
- How does Canada rank for economic outlook no 117 — current account balance, residual item?
- Canada ranks 9th out of 34 countries with data for 2026.
- Is economic outlook no 117 — current account balance, residual item rising or falling in Canada?
- Over the last ten years it is up 100.0%. 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, residual item. 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 (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