External balance on goods and services in Canada
Canada: External balance on goods and services was -87.04 billion constant LCU in 2025. ◆ Volatile
External balance on goods and services in Canada, 1961–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for external balance on goods and services in Canada is -87.04 billion constant LCU, measured in 2025.
Compared with earlier readings it is down 12.1% on the previous year and down 50.4% over ten years.
Over the whole period, external balance on goods and services in Canada peaked at 111.50 billion constant LCU in 2001 and was at its lowest, -112.97 billion constant LCU, in 2022.
Canada ranks 112th of 161 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 | 9.28 billion constant LCU | 4.52 billion constant LCU | 14.71 billion constant LCU | 9 |
| 1970s | 7.28 billion constant LCU | -9.31 billion constant LCU | 22.01 billion constant LCU | 10 |
| 1980s | 23.74 billion constant LCU | 9.36 billion constant LCU | 36.00 billion constant LCU | 10 |
| 1990s | 48.20 billion constant LCU | 14.34 billion constant LCU | 93.69 billion constant LCU | 10 |
| 2000s | 46.77 billion constant LCU | -38.07 billion constant LCU | 111.50 billion constant LCU | 10 |
| 2010s | -73.83 billion constant LCU | -94.74 billion constant LCU | -48.21 billion constant LCU | 10 |
| 2020s | -81.96 billion constant LCU | -112.97 billion constant LCU | -49.06 billion constant LCU | 6 |
Countries ranked near Canada
- 109 Yemen -68.13 billion constant LCU compare
- 110 Moldova -73.73 billion constant LCU compare
- 111 Nicaragua -82.82 billion constant LCU compare
- 113 North Macedonia -116.39 billion constant LCU compare
- 114 Central African Republic -121.10 billion constant LCU compare
- 115 Comoros -128.55 billion constant LCU compare
More economy & growth data for Canada
- DEC alternative conversion factor 1.4 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -6.38 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -4.56 billion current US$ (2025)
- Taxes less subsidies on products 202.56 billion current LCU (2025)
- Taxes less subsidies on products 144.88 billion current US$ (2025)
- Net primary income (Net income from abroad) -43.38 billion current LCU (2025)
- Net primary income (Net income from abroad) -31.03 billion current US$ (2025)
- GNI per capita 77,957 current LCU (2025)
- GNI per capita, Atlas method 56,420 current US$ (2025)
- GNI 3.25 trillion current LCU (2025)
Frequently asked questions
- What is external balance on goods and services in Canada?
- External balance on goods and services in Canada was -87.04 billion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Canada?
- The highest recorded value was 111.50 billion constant LCU in 2001.
- What is the lowest external balance on goods and services recorded in Canada?
- The lowest recorded value was -112.97 billion constant LCU in 2022.
- How does Canada rank for external balance on goods and services?
- Canada ranks 112th out of 161 countries with data for 2025.
- Is external balance on goods and services rising or falling in Canada?
- Over the last ten years it is down 50.4%. The long-run trend across the full record is volatile.
- Where does this Canada data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (constant LCU). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.