External balance on goods and services in Canada
Canada: External balance on goods and services was -27.43 billion current LCU in 2025. ◆ Volatile
Latest (2025)
-27.43 billion current LCU
Change on year
down 381.5%
World rank
122nd
of 193 countries
All-time high
65.65 billion current LCU
in 2001
All-time low
-49.06 billion current LCU
in 2015
Years of data
65
1961–2025
External balance on goods and services in Canada, 1961–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2025, external balance on goods and services in Canada stood at -27.43 billion current LCU.
Compared with earlier readings it is down 381.5% on the previous year and up 44.1% over ten years.
Over the whole period, external balance on goods and services in Canada peaked at 65.65 billion current LCU in 2001 and was at its lowest, -49.06 billion current LCU, in 2015.
That places Canada 122nd out of 193 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services in Canada, year by year
| Year | current LCU | Change |
|---|---|---|
| 1961 | -268.00 million current LCU | — |
| 1962 | -166.00 million current LCU | -38.1% |
| 1963 | 259.00 million current LCU | -256.0% |
| 1964 | 517.00 million current LCU | +99.6% |
| 1965 | -183.00 million current LCU | -135.4% |
| 1966 | -121.00 million current LCU | -33.9% |
| 1967 | 536.00 million current LCU | -543.0% |
| 1968 | 713.00 million current LCU | +33.0% |
| 1969 | -169.00 million current LCU | -123.7% |
| 1970 | 2.02 billion current LCU | -1297.6% |
| 1971 | 1.31 billion current LCU | -35.2% |
| 1972 | 650.00 million current LCU | -50.5% |
| 1973 | 1.44 billion current LCU | +120.9% |
| 1974 | -153.00 million current LCU | -110.7% |
| 1975 | -3.44 billion current LCU | +2145.1% |
| 1976 | -1.84 billion current LCU | -46.5% |
| 1977 | -800.00 million current LCU | -56.5% |
| 1978 | 544.00 million current LCU | -168.0% |
| 1979 | 1.20 billion current LCU | +120.0% |
| 1980 | 5.45 billion current LCU | +355.5% |
| 1981 | 2.46 billion current LCU | -55.0% |
| 1982 | 14.63 billion current LCU | +495.8% |
| 1983 | 13.23 billion current LCU | -9.6% |
| 1984 | 15.69 billion current LCU | +18.6% |
| 1985 | 11.26 billion current LCU | -28.2% |
| 1986 | 4.79 billion current LCU | -57.4% |
| 1987 | 6.55 billion current LCU | +36.7% |
| 1988 | 4.64 billion current LCU | -29.2% |
| 1989 | 175.00 million current LCU | -96.2% |
| 1990 | 1.07 billion current LCU | +512.6% |
| 1991 | -3.63 billion current LCU | -438.3% |
| 1992 | -2.44 billion current LCU | -32.7% |
| 1993 | 257.00 million current LCU | -110.5% |
| 1994 | 9.28 billion current LCU | +3510.5% |
| 1995 | 26.07 billion current LCU | +180.9% |
| 1996 | 33.85 billion current LCU | +29.9% |
| 1997 | 17.50 billion current LCU | -48.3% |
| 1998 | 18.60 billion current LCU | +6.3% |
| 1999 | 36.36 billion current LCU | +95.5% |
| 2000 | 62.53 billion current LCU | +72.0% |
| 2001 | 65.65 billion current LCU | +5.0% |
| 2002 | 52.65 billion current LCU | -19.8% |
| 2003 | 48.83 billion current LCU | -7.2% |
| 2004 | 59.62 billion current LCU | +22.1% |
| 2005 | 56.21 billion current LCU | -5.7% |
| 2006 | 41.20 billion current LCU | -26.7% |
| 2007 | 34.33 billion current LCU | -16.7% |
| 2008 | 29.27 billion current LCU | -14.7% |
| 2009 | -22.67 billion current LCU | -177.5% |
| 2010 | -31.21 billion current LCU | +37.7% |
| 2011 | -20.26 billion current LCU | -35.1% |
| 2012 | -34.52 billion current LCU | +70.4% |
| 2013 | -29.81 billion current LCU | -13.7% |
| 2014 | -18.06 billion current LCU | -39.4% |
| 2015 | -49.06 billion current LCU | +171.6% |
| 2016 | -47.77 billion current LCU | -2.6% |
| 2017 | -46.93 billion current LCU | -1.8% |
| 2018 | -43.58 billion current LCU | -7.1% |
| 2019 | -33.92 billion current LCU | -22.2% |
| 2020 | -49.06 billion current LCU | +44.6% |
| 2021 | 2.62 billion current LCU | -105.3% |
| 2022 | 14.01 billion current LCU | +434.8% |
| 2023 | 3.23 billion current LCU | -77.0% |
| 2024 | -5.70 billion current LCU | -276.7% |
| 2025 | -27.43 billion current LCU | +381.5% |
Canada compared with similar countries
- Canada's -27.43 billion current LCU is below the median for high income countries, which is 3.18 billion current LCU. (72 countries reporting)
Biggest year-on-year movements
Years where External balance on goods and services 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.
| Year | Change | From | To |
|---|---|---|---|
| 1994 | +3510.5% | 257.00 million current LCU | 9.28 billion current LCU |
| 1975 | -2145.1% | -153.00 million current LCU | -3.44 billion current LCU |
| 1970 | +1297.6% | -169.00 million current LCU | 2.02 billion current LCU |
| 1967 | +543.0% | -121.00 million current LCU | 536.00 million current LCU |
| 1990 | +512.6% | 175.00 million current LCU | 1.07 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 124.22 million current LCU | -268.00 million current LCU | 713.00 million current LCU | 9 |
| 1970s | 93.60 million current LCU | -3.44 billion current LCU | 2.02 billion current LCU | 10 |
| 1980s | 7.89 billion current LCU | 175.00 million current LCU | 15.69 billion current LCU | 10 |
| 1990s | 13.69 billion current LCU | -3.63 billion current LCU | 36.36 billion current LCU | 10 |
| 2000s | 42.76 billion current LCU | -22.67 billion current LCU | 65.65 billion current LCU | 10 |
| 2010s | -35.51 billion current LCU | -49.06 billion current LCU | -18.06 billion current LCU | 10 |
| 2020s | -10.39 billion current LCU | -49.06 billion current LCU | 14.01 billion current LCU | 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 57.17 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0246 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,373 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 69.03 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 9.48 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0298 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,657 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 4.88 % change on previous year (2025)
Frequently asked questions
- What is external balance on goods and services in Canada?
- External balance on goods and services in Canada was -27.43 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Canada?
- The highest recorded value was 65.65 billion current LCU in 2001.
- What is the lowest external balance on goods and services recorded in Canada?
- The lowest recorded value was -49.06 billion current LCU in 2015.
- How does Canada rank for external balance on goods and services?
- Canada ranks 122nd out of 193 countries with data for 2025.
- Is external balance on goods and services rising or falling in Canada?
- Over the last ten years it is up 44.1%. The long-run trend across the full record is volatile.
- Where does this Canada data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.