Value of imported goods as a share of GDP in Canada

Canada: Value of imported goods as a share of GDP was 25.7% in 2024. ▲ Rising

Latest (2024)
25.7%
Change on year
down 3.6%
World rank
130th
of 201 countries
All-time high
34.1%
in 1999
All-time low
14.3%
in 1963
Years of data
65
1960–2024

Value of imported goods as a share of GDP in Canada, 1960–2024

0102030196019922024

Source: International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Measured in %.

Analysis

In 2024, value of imported goods as a share of gdp in Canada stood at 25.7%.

That represents a change of down 3.6% on the previous year and down 4.5% over ten years.

Over the whole period, value of imported goods as a share of gdp in Canada peaked at 34.1% in 1999 and was at its lowest, 14.3%, in 1963.

That places Canada 130th out of 201 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 65 years of available data.

Value of imported goods as a share of GDP in Canada, year by year

Annual values for Value of imported goods as a share of GDP in Canada, 1960 to 2024.
Year % Change
1960 14.6%
1961 14.9% +2.4%
1962 14.7% -1.9%
1963 14.3% -2.6%
1964 14.9% +4.1%
1965 15.5% +4.0%
1966 15.9% +2.8%
1967 16.6% +4.6%
1968 17.0% +2.1%
1969 17.7% +4.1%
1970 16.1% -8.9%
1971 16.5% +2.8%
1972 17.7% +7.3%
1973 18.8% +6.2%
1974 21.2% +12.5%
1975 20.7% -2.5%
1976 19.5% -5.5%
1977 20.0% +2.5%
1978 21.3% +6.3%
1979 23.3% +9.7%
1980 22.9% -1.9%
1981 22.9% +0.0%
1982 18.6% -18.7%
1983 19.3% +3.5%
1984 22.0% +14.3%
1985 22.2% +0.6%
1986 22.6% +1.8%
1987 21.4% -5.2%
1988 22.1% +3.3%
1989 21.1% -4.5%
1990 21.1% +0.1%
1991 20.6% -2.6%
1992 22.0% +6.8%
1993 24.2% +10.3%
1994 27.3% +12.6%
1995 29.0% +6.2%
1996 29.0% -0.1%
1997 32.3% +11.3%
1998 34.0% +5.3%
1999 34.1% +0.4%
2000 33.3% -2.3%
2001 31.1% -6.7%
2002 30.4% -2.2%
2003 28.0% -8.0%
2004 27.8% -0.7%
2005 28.2% +1.4%
2006 27.9% -1.0%
2007 27.2% -2.4%
2008 27.6% +1.5%
2009 24.6% -11.1%
2010 25.4% +3.6%
2011 26.5% +4.0%
2012 26.6% +0.6%
2013 26.3% -1.1%
2014 26.9% +2.2%
2015 28.3% +5.3%
2016 27.7% -2.1%
2017 27.5% -0.7%
2018 27.9% +1.4%
2019 27.3% -2.3%
2020 25.7% -5.8%
2021 25.4% -1.2%
2022 27.2% +7.0%
2023 26.7% -1.8%
2024 25.7% -3.6%

Averages by decade

DecadeAverage LowestHighest Years
1960s 15.6% 14.3% 17.7% 10
1970s 19.5% 16.1% 23.3% 10
1980s 21.5% 18.6% 22.9% 10
1990s 27.4% 20.6% 34.1% 10
2000s 28.6% 24.6% 33.3% 10
2010s 27.1% 25.4% 28.3% 10
2020s 26.1% 25.4% 27.2% 5

Countries ranked near Canada

  1. 127 Comoros 26.6% compare
  2. 128 South Africa 26.4% compare
  3. 129 Italy 25.7% compare
  4. 131 American Samoa 25.0% compare
  5. 132 Costa Rica 24.7% compare
  6. 133 Chile 24.7% compare

See the full ranking of 201 places →

More economy & growth data for Canada

All data for Canada →

Frequently asked questions

What is value of imported goods as a share of gdp in Canada?
Value of imported goods as a share of gdp in Canada was 25.7% in 2024, according to International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data.
What is the highest value of imported goods as a share of gdp recorded in Canada?
The highest recorded value was 34.1% in 1999.
What is the lowest value of imported goods as a share of gdp recorded in Canada?
The lowest recorded value was 14.3% in 1963.
How does Canada rank for value of imported goods as a share of gdp?
Canada ranks 130th out of 201 countries with data for 2024.
Is value of imported goods as a share of gdp rising or falling in Canada?
Over the last ten years it is down 4.5%. The long-run trend across the full record is rising.
Where does this Canada data come from?
The figures come from International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as part of Value of imported goods as a share of GDP. Statizoid updates them automatically from the source API.

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Value of imported goods as a share of GDP in Canada. Statizoid, drawing on International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Retrieved 08 September 2026, from https://economy.statizoid.com/stat/merchandise-imports-as-a-share-of-countrys-gdp/canada/

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About this data

Indicator
Value of imported goods as a share of GDP
Unit
%
Source
International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
201 places, 10,161 data points, 1960–2024
Last refreshed

Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).