Service imports (BoP, current US$), annual growth rate in Canada
Canada: Service imports (BoP, current US$), annual growth rate was 0.5928 % change on previous year in 2025. ◆ Volatile
Latest (2025)
0.5928 % change on previous year
Change on year
down 89.7%
World rank
154th
of 199 countries
All-time high
25.25 % change on previous year
in 1974
All-time low
-17.28 % change on previous year
in 2020
Years of data
65
1961–2025
Service imports (BoP, current US$), annual growth rate in Canada, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, service imports (bop, current us$), annual growth rate in Canada stood at 0.5928 % change on previous year.
Compared with earlier readings it is down 89.7% on the previous year and up 107.3% over ten years.
Over the whole period, service imports (bop, current us$), annual growth rate in Canada peaked at 25.25 % change on previous year in 1974 and was at its lowest, -17.28 % change on previous year, in 2020.
That places Canada 154th out of 199 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Service imports (BoP, current US$), annual growth rate in Canada, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | -2.57 % change on previous year | — |
| 1962 | -4.14 % change on previous year | +60.9% |
| 1963 | 0.7771 % change on previous year | -118.8% |
| 1964 | 12.17 % change on previous year | +1465.5% |
| 1965 | 8.8 % change on previous year | -27.7% |
| 1966 | 12.69 % change on previous year | +44.3% |
| 1967 | 9.28 % change on previous year | -26.9% |
| 1968 | 9.28 % change on previous year | -0.0% |
| 1969 | 22.63 % change on previous year | +143.9% |
| 1970 | 13.97 % change on previous year | -38.3% |
| 1971 | 8.69 % change on previous year | -37.8% |
| 1972 | 9.23 % change on previous year | +6.2% |
| 1973 | 16.74 % change on previous year | +81.4% |
| 1974 | 25.25 % change on previous year | +50.9% |
| 1975 | 18.54 % change on previous year | -26.6% |
| 1976 | 18.96 % change on previous year | +2.2% |
| 1977 | 3.95 % change on previous year | -79.2% |
| 1978 | 5.51 % change on previous year | +39.4% |
| 1979 | 4.09 % change on previous year | -25.7% |
| 1980 | 15.54 % change on previous year | +279.6% |
| 1981 | 14.35 % change on previous year | -7.7% |
| 1982 | -2.71 % change on previous year | -118.9% |
| 1983 | 7.81 % change on previous year | -387.8% |
| 1984 | 5.05 % change on previous year | -35.4% |
| 1985 | 5.55 % change on previous year | +10.0% |
| 1986 | 9.35 % change on previous year | +68.4% |
| 1987 | 11.01 % change on previous year | +17.8% |
| 1988 | 18.95 % change on previous year | +72.1% |
| 1989 | 16.2 % change on previous year | -14.5% |
| 1990 | 14.28 % change on previous year | -11.8% |
| 1991 | 7.34 % change on previous year | -48.6% |
| 1992 | 1.75 % change on previous year | -76.2% |
| 1993 | 4.73 % change on previous year | +171.2% |
| 1994 | -0.9512 % change on previous year | -120.1% |
| 1995 | 3.77 % change on previous year | -496.0% |
| 1996 | 7.91 % change on previous year | +110.0% |
| 1997 | 4.96 % change on previous year | -37.4% |
| 1998 | 0.8856 % change on previous year | -82.1% |
| 1999 | 7.26 % change on previous year | +720.2% |
| 2000 | 9.65 % change on previous year | +32.9% |
| 2001 | -1.97 % change on previous year | -120.4% |
| 2002 | 3.34 % change on previous year | -269.7% |
| 2003 | 15.85 % change on previous year | +373.9% |
| 2004 | 14.32 % change on previous year | -9.6% |
| 2005 | 13.08 % change on previous year | -8.7% |
| 2006 | 11.88 % change on previous year | -9.1% |
| 2007 | 13.22 % change on previous year | +11.2% |
| 2008 | 8.89 % change on previous year | -32.7% |
| 2009 | -7.43 % change on previous year | -183.5% |
| 2010 | 18.25 % change on previous year | -345.7% |
| 2011 | 9.12 % change on previous year | -50.0% |
| 2012 | 6.15 % change on previous year | -32.5% |
| 2013 | 1.4 % change on previous year | -77.2% |
| 2014 | -1.2 % change on previous year | -185.4% |
| 2015 | -8.11 % change on previous year | +577.9% |
| 2016 | -0.4058 % change on previous year | -95.0% |
| 2017 | 7.04 % change on previous year | -1834.3% |
| 2018 | 9.22 % change on previous year | +31.0% |
| 2019 | 3.6 % change on previous year | -61.0% |
| 2020 | -17.28 % change on previous year | -579.8% |
| 2021 | 16.55 % change on previous year | -195.8% |
| 2022 | 18.93 % change on previous year | +14.4% |
| 2023 | 9.55 % change on previous year | -49.6% |
| 2024 | 5.74 % change on previous year | -39.9% |
| 2025 | 0.5928 % change on previous year | -89.7% |
Canada compared with similar countries
- Canada's 0.5928 % change on previous year is below the median for high income countries, which is 8.38 % change on previous year, 7% of the median. (71 countries reporting)
Biggest year-on-year movements
Years where Service imports (BoP, current US$), annual growth rate 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 |
|---|---|---|---|
| 2017 | +1834.3% | -0.4058 % change on previous year | 7.04 % change on previous year |
| 1964 | +1465.5% | 0.7771 % change on previous year | 12.17 % change on previous year |
| 1999 | +720.2% | 0.8856 % change on previous year | 7.26 % change on previous year |
| 2015 | -577.9% | -1.2 % change on previous year | -8.11 % change on previous year |
| 2020 | -579.8% | 3.6 % change on previous year | -17.28 % change on previous year |
| 1995 | +496.0% | -0.9512 % change on previous year | 3.77 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.66 % change on previous year | -4.14 % change on previous year | 22.63 % change on previous year | 9 |
| 1970s | 12.49 % change on previous year | 3.95 % change on previous year | 25.25 % change on previous year | 10 |
| 1980s | 10.11 % change on previous year | -2.71 % change on previous year | 18.95 % change on previous year | 10 |
| 1990s | 5.19 % change on previous year | -0.9512 % change on previous year | 14.28 % change on previous year | 10 |
| 2000s | 8.08 % change on previous year | -7.43 % change on previous year | 15.85 % change on previous year | 10 |
| 2010s | 4.51 % change on previous year | -8.11 % change on previous year | 18.25 % change on previous year | 10 |
| 2020s | 5.68 % change on previous year | -17.28 % change on previous year | 18.93 % change on previous year | 6 |
Countries ranked near Canada
- 151 Azerbaijan 0.815 % change on previous year compare
- 152 Madagascar 0.7087 % change on previous year compare
- 153 Lebanon 0.6216 % change on previous year compare
- 155 Ecuador 0.3352 % change on previous year compare
- 156 Angola 0.2155 % change on previous year compare
- 157 Jamaica -0.1966 % change on previous year compare
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$), annual growth rate 4.88 % change on previous year (2025)
Frequently asked questions
- What is service imports (bop, current us$), annual growth rate in Canada?
- Service imports (bop, current us$), annual growth rate in Canada was 0.5928 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest service imports (bop, current us$), annual growth rate recorded in Canada?
- The highest recorded value was 25.25 % change on previous year in 1974.
- What is the lowest service imports (bop, current us$), annual growth rate recorded in Canada?
- The lowest recorded value was -17.28 % change on previous year in 2020.
- How does Canada rank for service imports (bop, current us$), annual growth rate?
- Canada ranks 154th out of 199 countries with data for 2025.
- Is service imports (bop, current us$), annual growth rate rising or falling in Canada?
- Over the last ten years it is up 107.3%. The long-run trend across the full record is volatile.
- Where does this Canada data come from?
- The figures come from Statizoid (derived), published as part of Service imports (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Service imports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Service imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Service imports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.