Canada Current Account Balance

Indicator note: Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. 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.

Source organization: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators Database, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD)

Metadata fetched: 2026-09-27 04:16:21. Open original metadata response.

Source revisions are retained before the current observation is replaced. This table documents the previous and replacement value for reproducibility.

Canada recorded -0,95 percent of GDP in 2025, the latest year available in this series.

Compared with 2024, the current account balance decreased by 0,46.

Across the latest five-year comparison window, the series shows an upward direction.

Across 66 observations from 1960 to 2025, the average was -1,71; the minimum was -4,70 in 1975 and the maximum was 2,48 in 2000.

Canada ranks 96 out of 203 countries with a current value in the portal ranking.

The latest value is below the available average for North America.

It is also below the available average for the High income group.

External financing position and trade-income balance.