Current account balance in Canada
Canada: Current account balance was -0.9% in 2025. ◆ Volatile
Current account balance in Canada, 1960–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for current account balance in Canada is -0.9%, measured in 2025.
That represents a change of down 94.5% on the previous year and up 73.0% over ten years.
Over the whole period, current account balance in Canada peaked at 2.5% in 2000 and was at its lowest, -4.7%, in 1975.
Canada ranks 95th of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -2.2% | -3.0% | -0.9% | 10 |
| 1970s | -2.6% | -4.7% | 0.6% | 10 |
| 1980s | -2.2% | -4.1% | 0.6% | 10 |
| 1990s | -2.0% | -3.9% | 0.4% | 10 |
| 2000s | 1.1% | -3.0% | 2.5% | 10 |
| 2010s | -2.9% | -3.6% | -2.0% | 10 |
| 2020s | -0.8% | -2.0% | -0.0% | 6 |
Countries ranked near Canada
More economy & growth data for Canada
- Exports of goods and services -1.7% (2025)
- Gross national expenditure 3.27 trillion current LCU (2025)
- Gross national expenditure 1.95 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 27.4% (2022)
- Gross national expenditure 100.8% (2025)
- Exports of goods and services 726.88 billion current US$ (2025)
- Exports of goods and services 1.02 trillion current LCU (2025)
- Exports of goods and services 560.95 billion constant 2015 US$ (2025)
- Gross fixed capital formation 1.4% (2025)
- Gross fixed capital formation 399.43 billion constant 2015 US$ (2025)
Frequently asked questions
- What is current account balance in Canada?
- Current account balance in Canada was -0.9% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Canada?
- The highest recorded value was 2.5% in 2000.
- What is the lowest current account balance recorded in Canada?
- The lowest recorded value was -4.7% in 1975.
- How does Canada rank for current account balance?
- Canada ranks 95th out of 199 countries with data for 2025.
- Is current account balance rising or falling in Canada?
- Over the last ten years it is up 73.0%. 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 Current account balance (% of GDP). Statizoid updates them automatically from the source API.
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About this data
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.