Service imports in Canada
Canada: Service imports was 169.19 billion BoP, current US$ in 2025. ◆ Volatile
Latest (2025)
169.19 billion BoP, current US$
Change on year
up 0.6%
World rank
15th
of 200 countries
All-time high
169.19 billion BoP, current US$
in 2025
All-time low
1.43 billion BoP, current US$
in 1962
Years of data
66
1960–2025
Service imports in Canada, 1960–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2025, service imports in Canada stood at 169.19 billion BoP, current US$. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 0.6% on the previous year and up 61.2% over ten years.
Over the whole period, service imports in Canada peaked at 169.19 billion BoP, current US$ in 2025 and was at its lowest, 1.43 billion BoP, current US$, in 1962.
That places Canada 15th out of 200 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Service imports in Canada, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1960 | 1.53 billion BoP, current US$ | — |
| 1961 | 1.49 billion BoP, current US$ | -2.6% |
| 1962 | 1.43 billion BoP, current US$ | -4.1% |
| 1963 | 1.44 billion BoP, current US$ | +0.8% |
| 1964 | 1.61 billion BoP, current US$ | +12.2% |
| 1965 | 1.76 billion BoP, current US$ | +8.8% |
| 1966 | 1.98 billion BoP, current US$ | +12.7% |
| 1967 | 2.16 billion BoP, current US$ | +9.3% |
| 1968 | 2.36 billion BoP, current US$ | +9.3% |
| 1969 | 2.90 billion BoP, current US$ | +22.6% |
| 1970 | 3.30 billion BoP, current US$ | +14.0% |
| 1971 | 3.59 billion BoP, current US$ | +8.7% |
| 1972 | 3.92 billion BoP, current US$ | +9.2% |
| 1973 | 4.58 billion BoP, current US$ | +16.7% |
| 1974 | 5.73 billion BoP, current US$ | +25.3% |
| 1975 | 6.80 billion BoP, current US$ | +18.5% |
| 1976 | 8.09 billion BoP, current US$ | +19.0% |
| 1977 | 8.41 billion BoP, current US$ | +4.0% |
| 1978 | 8.87 billion BoP, current US$ | +5.5% |
| 1979 | 9.23 billion BoP, current US$ | +4.1% |
| 1980 | 10.67 billion BoP, current US$ | +15.5% |
| 1981 | 12.20 billion BoP, current US$ | +14.3% |
| 1982 | 11.87 billion BoP, current US$ | -2.7% |
| 1983 | 12.79 billion BoP, current US$ | +7.8% |
| 1984 | 13.44 billion BoP, current US$ | +5.0% |
| 1985 | 14.18 billion BoP, current US$ | +5.6% |
| 1986 | 15.51 billion BoP, current US$ | +9.4% |
| 1987 | 17.22 billion BoP, current US$ | +11.0% |
| 1988 | 20.48 billion BoP, current US$ | +18.9% |
| 1989 | 23.80 billion BoP, current US$ | +16.2% |
| 1990 | 27.20 billion BoP, current US$ | +14.3% |
| 1991 | 29.19 billion BoP, current US$ | +7.3% |
| 1992 | 29.70 billion BoP, current US$ | +1.7% |
| 1993 | 31.11 billion BoP, current US$ | +4.7% |
| 1994 | 30.81 billion BoP, current US$ | -1.0% |
| 1995 | 31.97 billion BoP, current US$ | +3.8% |
| 1996 | 34.50 billion BoP, current US$ | +7.9% |
| 1997 | 36.21 billion BoP, current US$ | +5.0% |
| 1998 | 36.53 billion BoP, current US$ | +0.9% |
| 1999 | 39.19 billion BoP, current US$ | +7.3% |
| 2000 | 42.97 billion BoP, current US$ | +9.7% |
| 2001 | 42.12 billion BoP, current US$ | -2.0% |
| 2002 | 43.53 billion BoP, current US$ | +3.3% |
| 2003 | 50.43 billion BoP, current US$ | +15.9% |
| 2004 | 57.66 billion BoP, current US$ | +14.3% |
| 2005 | 65.19 billion BoP, current US$ | +13.1% |
| 2006 | 72.94 billion BoP, current US$ | +11.9% |
| 2007 | 82.58 billion BoP, current US$ | +13.2% |
| 2008 | 89.93 billion BoP, current US$ | +8.9% |
| 2009 | 83.25 billion BoP, current US$ | -7.4% |
| 2010 | 98.44 billion BoP, current US$ | +18.2% |
| 2011 | 107.42 billion BoP, current US$ | +9.1% |
| 2012 | 114.03 billion BoP, current US$ | +6.2% |
| 2013 | 115.62 billion BoP, current US$ | +1.4% |
| 2014 | 114.24 billion BoP, current US$ | -1.2% |
| 2015 | 104.98 billion BoP, current US$ | -8.1% |
| 2016 | 104.55 billion BoP, current US$ | -0.4% |
| 2017 | 111.91 billion BoP, current US$ | +7.0% |
| 2018 | 122.23 billion BoP, current US$ | +9.2% |
| 2019 | 126.63 billion BoP, current US$ | +3.6% |
| 2020 | 104.75 billion BoP, current US$ | -17.3% |
| 2021 | 122.08 billion BoP, current US$ | +16.5% |
| 2022 | 145.19 billion BoP, current US$ | +18.9% |
| 2023 | 159.06 billion BoP, current US$ | +9.5% |
| 2024 | 168.19 billion BoP, current US$ | +5.7% |
| 2025 | 169.19 billion BoP, current US$ | +0.6% |
Canada compared with similar countries
- Canada's 169.19 billion BoP, current US$ is above the median for high income countries, which is 18.88 billion BoP, current US$, 9.0× the median. (72 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.87 billion BoP, current US$ | 1.43 billion BoP, current US$ | 2.90 billion BoP, current US$ | 10 |
| 1970s | 6.25 billion BoP, current US$ | 3.30 billion BoP, current US$ | 9.23 billion BoP, current US$ | 10 |
| 1980s | 15.22 billion BoP, current US$ | 10.67 billion BoP, current US$ | 23.80 billion BoP, current US$ | 10 |
| 1990s | 32.64 billion BoP, current US$ | 27.20 billion BoP, current US$ | 39.19 billion BoP, current US$ | 10 |
| 2000s | 63.06 billion BoP, current US$ | 42.12 billion BoP, current US$ | 89.93 billion BoP, current US$ | 10 |
| 2010s | 112.00 billion BoP, current US$ | 98.44 billion BoP, current US$ | 126.63 billion BoP, current US$ | 10 |
| 2020s | 144.75 billion BoP, current US$ | 104.75 billion BoP, current US$ | 169.19 billion BoP, current US$ | 6 |
Countries ranked near Canada
- 12 South Korea 184.66 billion BoP, current US$ compare
- 13 Italy 177.10 billion BoP, current US$ compare
- 14 Belgium 174.99 billion BoP, current US$ compare
- 16 Sweden 144.09 billion BoP, current US$ compare
- 17 Luxembourg 132.61 billion BoP, current US$ compare
- 18 Saudi Arabia 128.68 billion BoP, current US$ 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$), annual growth rate 4.88 % change on previous year (2025)
Frequently asked questions
- What is service imports in Canada?
- Service imports in Canada was 169.19 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service imports recorded in Canada?
- The highest recorded value was 169.19 billion BoP, current US$ in 2025.
- What is the lowest service imports recorded in Canada?
- The lowest recorded value was 1.43 billion BoP, current US$ in 1962.
- How does Canada rank for service imports?
- Canada ranks 15th out of 200 countries with data for 2025.
- Is service imports rising or falling in Canada?
- Over the last ten years it is up 61.2%. The long-run trend across the full record is volatile.
- Where does this Canada data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Service imports (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Imports of services are services provided by non-residents to residents. 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.