Personal remittances, paid (current US$) (IMF balance) in Canada
Canada: Personal remittances, paid (current US$) (IMF balance) was 15.12 billion current US$ in 2025. ◆ Volatile
Personal remittances, paid in Canada, 1990–2025
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
The most recent figure for personal remittances, paid in Canada is 15.12 billion current US$, measured in 2025.
That represents a change of down 0.7% on the previous year and up 195.6% over ten years.
Over the whole period, personal remittances, paid in Canada peaked at 15.23 billion current US$ in 2024 and was at its lowest, 1.14 billion current US$, in 1993.
Canada ranks 10th of 196 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, paid (current US$) (IMF balance) in Canada, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 1.31 billion current US$ | — |
| 1991 | 1.31 billion current US$ | -0.1% |
| 1992 | 1.23 billion current US$ | -6.7% |
| 1993 | 1.14 billion current US$ | -7.2% |
| 1994 | 1.18 billion current US$ | +3.8% |
| 1995 | 1.31 billion current US$ | +10.6% |
| 1996 | 1.45 billion current US$ | +11.1% |
| 1997 | 1.55 billion current US$ | +6.6% |
| 1998 | 1.49 billion current US$ | -3.4% |
| 1999 | 1.61 billion current US$ | +8.0% |
| 2000 | 1.70 billion current US$ | +5.1% |
| 2001 | 1.77 billion current US$ | +4.6% |
| 2002 | 1.97 billion current US$ | +11.0% |
| 2003 | 2.24 billion current US$ | +13.8% |
| 2004 | 2.61 billion current US$ | +16.4% |
| 2005 | 3.26 billion current US$ | +24.9% |
| 2006 | 3.29 billion current US$ | +0.8% |
| 2007 | 4.57 billion current US$ | +39.0% |
| 2008 | 4.86 billion current US$ | +6.4% |
| 2009 | 4.66 billion current US$ | -4.1% |
| 2010 | 5.29 billion current US$ | +13.5% |
| 2011 | 5.56 billion current US$ | +5.1% |
| 2012 | 5.63 billion current US$ | +1.3% |
| 2013 | 5.70 billion current US$ | +1.3% |
| 2014 | 5.95 billion current US$ | +4.3% |
| 2015 | 5.11 billion current US$ | -14.0% |
| 2016 | 5.26 billion current US$ | +2.8% |
| 2017 | 6.48 billion current US$ | +23.3% |
| 2018 | 7.58 billion current US$ | +16.9% |
| 2019 | 8.76 billion current US$ | +15.6% |
| 2020 | 7.46 billion current US$ | -14.9% |
| 2021 | 8.16 billion current US$ | +9.4% |
| 2022 | 10.42 billion current US$ | +27.8% |
| 2023 | 13.64 billion current US$ | +30.9% |
| 2024 | 15.23 billion current US$ | +11.6% |
| 2025 | 15.12 billion current US$ | -0.7% |
Canada compared with similar countries
- Canada's 15.12 billion current US$ is above the median for high income countries, which is 1.15 billion current US$, 13.2× the median. (71 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.36 billion current US$ | 1.14 billion current US$ | 1.61 billion current US$ | 10 |
| 2000s | 3.09 billion current US$ | 1.70 billion current US$ | 4.86 billion current US$ | 10 |
| 2010s | 6.13 billion current US$ | 5.11 billion current US$ | 8.76 billion current US$ | 10 |
| 2020s | 11.67 billion current US$ | 7.46 billion current US$ | 15.23 billion current US$ | 6 |
Countries ranked near Canada
More economy & growth data for Canada
- Real gdp growth, annual growth rate -14.81 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 4.98 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0101 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 560.16 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0258 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0073 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 409.02 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.65 % change on previous year (2025)
Frequently asked questions
- What is personal remittances, paid in Canada?
- Personal remittances, paid in Canada was 15.12 billion current US$ in 2025, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, paid recorded in Canada?
- The highest recorded value was 15.23 billion current US$ in 2024.
- What is the lowest personal remittances, paid recorded in Canada?
- The lowest recorded value was 1.14 billion current US$ in 1993.
- How does Canada rank for personal remittances, paid?
- Canada ranks 10th out of 196 countries with data for 2025.
- Is personal remittances, paid rising or falling in Canada?
- Over the last ten years it is up 195.6%. The long-run trend across the full record is volatile.
- Where does this Canada data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, paid (current US$). Statizoid updates them automatically from the source API.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.