Economic Outlook No 117 — Current account balance in Canada
Canada: Economic Outlook No 117 — Current account balance was -32.95 billion in 2026. ◆ Volatile
Economic Outlook No 117 — Current account balance in Canada, 1961–2026
Source: Organisation for Economic Co-operation and Development.
Analysis
Canada recorded -32.95 billion for economic outlook no 117 — current account balance in 2026.
Compared with earlier readings it is down 23.1% on the previous year and up 47.3% over ten years.
Over the whole period, economic outlook no 117 — current account balance in Canada peaked at 31.32 billion in 2004 and was at its lowest, -69.57 billion, in 2015.
That places Canada 23rd out of 36 countries with data for 2026, putting it 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 in Canada, year by year
| Year | Value | Change |
|---|---|---|
| 1961 | -1.28 billion | — |
| 1962 | -1.31 billion | +2.1% |
| 1963 | -1.06 billion | -19.0% |
| 1964 | -623.20 million | -41.1% |
| 1965 | -1.93 billion | +210.2% |
| 1966 | -1.82 billion | -5.6% |
| 1967 | -1.46 billion | -20.1% |
| 1968 | -1.09 billion | -25.1% |
| 1969 | -2.09 billion | +91.6% |
| 1970 | 539.11 million | -125.8% |
| 1971 | -1.04 billion | -293.5% |
| 1972 | -2.42 billion | +132.1% |
| 1973 | -2.09 billion | -13.7% |
| 1974 | -4.51 billion | +115.9% |
| 1975 | -8.39 billion | +85.9% |
| 1976 | -7.64 billion | -8.9% |
| 1977 | -7.53 billion | -1.4% |
| 1978 | -9.56 billion | +27.0% |
| 1979 | -10.00 billion | +4.6% |
| 1980 | -7.32 billion | -26.8% |
| 1981 | -15.40 billion | +110.3% |
| 1982 | 1.88 billion | -112.2% |
| 1983 | -3.53 billion | -287.5% |
| 1984 | -2.11 billion | -40.2% |
| 1985 | -8.30 billion | +293.2% |
| 1986 | -16.12 billion | +94.3% |
| 1987 | -18.51 billion | +14.8% |
| 1988 | -19.19 billion | +3.7% |
| 1989 | -26.57 billion | +38.5% |
| 1990 | -23.87 billion | -10.2% |
| 1991 | -26.18 billion | +9.7% |
| 1992 | -25.92 billion | -1.0% |
| 1993 | -28.67 billion | +10.6% |
| 1994 | -18.82 billion | -34.4% |
| 1995 | -6.84 billion | -63.6% |
| 1996 | 3.57 billion | -152.2% |
| 1997 | -12.13 billion | -439.8% |
| 1998 | -12.59 billion | +3.8% |
| 1999 | 1.80 billion | -114.3% |
| 2000 | 28.21 billion | +1466.1% |
| 2001 | 25.33 billion | -10.2% |
| 2002 | 20.71 billion | -18.2% |
| 2003 | 15.45 billion | -25.4% |
| 2004 | 31.32 billion | +102.8% |
| 2005 | 27.40 billion | -12.5% |
| 2006 | 21.62 billion | -21.1% |
| 2007 | 12.99 billion | -39.9% |
| 2008 | 2.44 billion | -81.2% |
| 2009 | -45.71 billion | -1974.3% |
| 2010 | -59.35 billion | +29.8% |
| 2011 | -48.11 billion | -18.9% |
| 2012 | -64.58 billion | +34.2% |
| 2013 | -59.76 billion | -7.5% |
| 2014 | -46.28 billion | -22.6% |
| 2015 | -69.57 billion | +50.3% |
| 2016 | -62.55 billion | -10.1% |
| 2017 | -60.00 billion | -4.1% |
| 2018 | -53.14 billion | -11.4% |
| 2019 | -45.18 billion | -15.0% |
| 2020 | -44.79 billion | -0.9% |
| 2021 | -488.00 million | -98.9% |
| 2022 | -8.66 billion | +1675.6% |
| 2023 | -18.39 billion | +112.2% |
| 2024 | -15.60 billion | -15.1% |
| 2025 | -26.77 billion | +71.6% |
| 2026 | -32.95 billion | +23.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -1.41 billion | -2.09 billion | -623.20 million | 9 |
| 1970s | -5.27 billion | -10.00 billion | 539.11 million | 10 |
| 1980s | -11.52 billion | -26.57 billion | 1.88 billion | 10 |
| 1990s | -14.96 billion | -28.67 billion | 3.57 billion | 10 |
| 2000s | 13.98 billion | -45.71 billion | 31.32 billion | 10 |
| 2010s | -56.85 billion | -69.57 billion | -45.18 billion | 10 |
| 2020s | -21.09 billion | -44.79 billion | -488.00 million | 7 |
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 domestic savings (current US$), annual growth rate -0.7097 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.2231 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 12,427 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 1.37 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 0.312 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 17,375 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 5.25 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.01 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is economic outlook no 117 — current account balance in Canada?
- Economic outlook no 117 — current account balance in Canada was -32.95 billion in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 117 — current account balance recorded in Canada?
- The highest recorded value was 31.32 billion in 2004.
- What is the lowest economic outlook no 117 — current account balance recorded in Canada?
- The lowest recorded value was -69.57 billion in 2015.
- How does Canada rank for economic outlook no 117 — current account balance?
- Canada ranks 23rd out of 36 countries with data for 2026.
- Is economic outlook no 117 — current account balance rising or falling in Canada?
- Over the last ten years it is up 47.3%. 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. 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