Trade in services (% of GDP) in Canada
Canada: Trade in services (% of GDP) was 14.7% in 2025. ▲ Rising
Trade in services in Canada, 1960–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Canada recorded 14.7% for trade in services in 2025.
That represents a change of down 0.8% on the previous year and up 20.8% over ten years.
Over the whole period, trade in services in Canada peaked at 14.9% in 2024 and was at its lowest, 5.7%, in 1963.
Canada ranks 135th of 200 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 66 years of available data.
Trade in services (% of GDP) in Canada, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 6.6% | — |
| 1961 | 6.0% | -8.2% |
| 1962 | 5.8% | -3.3% |
| 1963 | 5.7% | -2.7% |
| 1964 | 5.8% | +1.4% |
| 1965 | 5.7% | -0.7% |
| 1966 | 5.9% | +2.0% |
| 1967 | 6.6% | +12.1% |
| 1968 | 5.8% | -11.2% |
| 1969 | 6.3% | +8.4% |
| 1970 | 6.6% | +3.8% |
| 1971 | 6.3% | -4.6% |
| 1972 | 5.9% | -5.5% |
| 1973 | 5.9% | +0.3% |
| 1974 | 6.1% | +3.7% |
| 1975 | 6.4% | +3.6% |
| 1976 | 6.3% | -0.7% |
| 1977 | 6.3% | -0.1% |
| 1978 | 6.5% | +3.5% |
| 1979 | 6.4% | -1.3% |
| 1980 | 6.6% | +2.2% |
| 1981 | 6.9% | +5.2% |
| 1982 | 6.6% | -4.7% |
| 1983 | 6.6% | -0.4% |
| 1984 | 6.6% | +0.9% |
| 1985 | 6.8% | +2.8% |
| 1986 | 7.3% | +6.6% |
| 1987 | 7.1% | -3.1% |
| 1988 | 7.1% | +1.3% |
| 1989 | 7.3% | +2.4% |
| 1990 | 7.7% | +5.6% |
| 1991 | 8.0% | +3.9% |
| 1992 | 8.4% | +4.6% |
| 1993 | 9.0% | +7.5% |
| 1994 | 9.2% | +2.5% |
| 1995 | 9.4% | +2.1% |
| 1996 | 10.0% | +5.7% |
| 1997 | 10.2% | +2.1% |
| 1998 | 11.0% | +7.7% |
| 1999 | 11.0% | +0.4% |
| 2000 | 11.2% | +1.4% |
| 2001 | 11.0% | -1.7% |
| 2002 | 11.1% | +1.1% |
| 2003 | 10.7% | -3.6% |
| 2004 | 10.8% | +1.0% |
| 2005 | 10.7% | -0.9% |
| 2006 | 10.6% | -1.3% |
| 2007 | 10.5% | -0.9% |
| 2008 | 10.7% | +1.8% |
| 2009 | 11.1% | +4.1% |
| 2010 | 10.8% | -2.2% |
| 2011 | 10.7% | -0.9% |
| 2012 | 11.3% | +4.9% |
| 2013 | 11.3% | +0.5% |
| 2014 | 11.5% | +1.2% |
| 2015 | 12.2% | +6.4% |
| 2016 | 12.6% | +3.0% |
| 2017 | 12.5% | -0.3% |
| 2018 | 13.2% | +5.3% |
| 2019 | 13.9% | +5.2% |
| 2020 | 12.3% | -11.5% |
| 2021 | 12.0% | -2.0% |
| 2022 | 13.0% | +8.0% |
| 2023 | 14.6% | +12.5% |
| 2024 | 14.9% | +1.6% |
| 2025 | 14.7% | -0.8% |
Canada compared with similar countries
- Canada's 14.7% is below the median for high income countries, which is 32.3%, 46% of the median. (72 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.0% | 5.7% | 6.6% | 10 |
| 1970s | 6.3% | 5.9% | 6.6% | 10 |
| 1980s | 6.9% | 6.6% | 7.3% | 10 |
| 1990s | 9.4% | 7.7% | 11.0% | 10 |
| 2000s | 10.8% | 10.5% | 11.2% | 10 |
| 2010s | 12.0% | 10.7% | 13.9% | 10 |
| 2020s | 13.6% | 12.0% | 14.9% | 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0048 units per US$ of GDP (2025)
Frequently asked questions
- What is trade in services in Canada?
- Trade in services in Canada was 14.7% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest trade in services recorded in Canada?
- The highest recorded value was 14.9% in 2024.
- What is the lowest trade in services recorded in Canada?
- The lowest recorded value was 5.7% in 1963.
- How does Canada rank for trade in services?
- Canada ranks 135th out of 200 countries with data for 2025.
- Is trade in services rising or falling in Canada?
- Over the last ten years it is up 20.8%. The long-run trend across the full record is rising.
- 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 Trade in services (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.