External balance on goods and services in Canada
Canada: External balance on goods and services was -19.62 billion current US$ in 2025. ◆ Volatile
Latest (2025)
-19.62 billion current US$
Change on year
down 371.6%
World rank
181st
of 193 countries
All-time high
46.39 billion current US$
in 2005
All-time low
-38.37 billion current US$
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 US$.
Analysis
The most recent figure for external balance on goods and services in Canada is -19.62 billion current US$, measured in 2025.
That represents a change of down 371.6% on the previous year and up 48.9% over ten years.
Over the whole period, external balance on goods and services in Canada peaked at 46.39 billion current US$ in 2005 and was at its lowest, -38.37 billion current US$, in 2015.
That places Canada 181st out of 193 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services in Canada, year by year
| Year | current US$ | Change |
|---|---|---|
| 1961 | -264.54 million current US$ | — |
| 1962 | -155.32 million current US$ | -41.3% |
| 1963 | 240.15 million current US$ | -254.6% |
| 1964 | 479.32 million current US$ | +99.6% |
| 1965 | -169.76 million current US$ | -135.4% |
| 1966 | -112.32 million current US$ | -33.8% |
| 1967 | 496.89 million current US$ | -542.4% |
| 1968 | 661.73 million current US$ | +33.2% |
| 1969 | -156.95 million current US$ | -123.7% |
| 1970 | 1.94 billion current US$ | -1334.2% |
| 1971 | 1.30 billion current US$ | -32.9% |
| 1972 | 656.63 million current US$ | -49.5% |
| 1973 | 1.44 billion current US$ | +118.7% |
| 1974 | -156.44 million current US$ | -110.9% |
| 1975 | -3.38 billion current US$ | +2058.6% |
| 1976 | -1.87 billion current US$ | -44.8% |
| 1977 | -752.23 million current US$ | -59.7% |
| 1978 | 476.90 million current US$ | -163.4% |
| 1979 | 1.02 billion current US$ | +114.3% |
| 1980 | 4.66 billion current US$ | +356.3% |
| 1981 | 2.05 billion current US$ | -56.1% |
| 1982 | 11.86 billion current US$ | +479.0% |
| 1983 | 10.74 billion current US$ | -9.5% |
| 1984 | 12.12 billion current US$ | +12.8% |
| 1985 | 8.25 billion current US$ | -31.9% |
| 1986 | 3.45 billion current US$ | -58.2% |
| 1987 | 4.94 billion current US$ | +43.2% |
| 1988 | 3.77 billion current US$ | -23.7% |
| 1989 | 147.80 million current US$ | -96.1% |
| 1990 | 918.75 million current US$ | +521.6% |
| 1991 | -3.17 billion current US$ | -444.6% |
| 1992 | -2.02 billion current US$ | -36.2% |
| 1993 | 199.21 million current US$ | -109.9% |
| 1994 | 6.79 billion current US$ | +3310.9% |
| 1995 | 18.99 billion current US$ | +179.5% |
| 1996 | 24.83 billion current US$ | +30.7% |
| 1997 | 12.64 billion current US$ | -49.1% |
| 1998 | 12.54 billion current US$ | -0.8% |
| 1999 | 24.47 billion current US$ | +95.2% |
| 2000 | 42.10 billion current US$ | +72.0% |
| 2001 | 42.39 billion current US$ | +0.7% |
| 2002 | 33.55 billion current US$ | -20.9% |
| 2003 | 34.85 billion current US$ | +3.9% |
| 2004 | 45.82 billion current US$ | +31.5% |
| 2005 | 46.39 billion current US$ | +1.2% |
| 2006 | 36.32 billion current US$ | -21.7% |
| 2007 | 31.96 billion current US$ | -12.0% |
| 2008 | 27.43 billion current US$ | -14.2% |
| 2009 | -19.83 billion current US$ | -172.3% |
| 2010 | -30.30 billion current US$ | +52.8% |
| 2011 | -20.48 billion current US$ | -32.4% |
| 2012 | -34.55 billion current US$ | +68.7% |
| 2013 | -28.94 billion current US$ | -16.2% |
| 2014 | -16.35 billion current US$ | -43.5% |
| 2015 | -38.37 billion current US$ | +134.6% |
| 2016 | -36.04 billion current US$ | -6.1% |
| 2017 | -36.16 billion current US$ | +0.3% |
| 2018 | -33.63 billion current US$ | -7.0% |
| 2019 | -25.56 billion current US$ | -24.0% |
| 2020 | -36.58 billion current US$ | +43.1% |
| 2021 | 2.09 billion current US$ | -105.7% |
| 2022 | 10.77 billion current US$ | +415.3% |
| 2023 | 2.39 billion current US$ | -77.8% |
| 2024 | -4.16 billion current US$ | -274.1% |
| 2025 | -19.62 billion current US$ | +371.6% |
Canada compared with similar countries
- Canada's -19.62 billion current US$ is below the median for high income countries, which is 3.43 billion current US$. (72 countries reporting)
Biggest year-on-year movements
Years where External balance on goods and services in Canada changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1994 | +3310.9% | 199.21 million current US$ | 6.79 billion current US$ |
| 1975 | -2058.6% | -156.44 million current US$ | -3.38 billion current US$ |
| 1970 | +1334.2% | -156.95 million current US$ | 1.94 billion current US$ |
| 1967 | +542.4% | -112.32 million current US$ | 496.89 million current US$ |
| 1990 | +521.6% | 147.80 million current US$ | 918.75 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 113.24 million current US$ | -264.54 million current US$ | 661.73 million current US$ | 9 |
| 1970s | 67.68 million current US$ | -3.38 billion current US$ | 1.94 billion current US$ | 10 |
| 1980s | 6.20 billion current US$ | 147.80 million current US$ | 12.12 billion current US$ | 10 |
| 1990s | 9.62 billion current US$ | -3.17 billion current US$ | 24.83 billion current US$ | 10 |
| 2000s | 32.10 billion current US$ | -19.83 billion current US$ | 46.39 billion current US$ | 10 |
| 2010s | -30.04 billion current US$ | -38.37 billion current US$ | -16.35 billion current US$ | 10 |
| 2020s | -7.52 billion current US$ | -36.58 billion current US$ | 10.77 billion current US$ | 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$), annual growth rate 4.88 % change on previous year (2025)
Frequently asked questions
- What is external balance on goods and services in Canada?
- External balance on goods and services in Canada was -19.62 billion current US$ 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 46.39 billion current US$ in 2005.
- What is the lowest external balance on goods and services recorded in Canada?
- The lowest recorded value was -38.37 billion current US$ in 2015.
- How does Canada rank for external balance on goods and services?
- Canada ranks 181st 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 48.9%. 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 US$). Statizoid updates them automatically from the source API.
Download this data
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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 indicator is expressed in United States dollars.