External balance on goods and services in Canada
Canada: External balance on goods and services was -19.62 billion current US$ 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 current US$.
Analysis
The most recent figure for external balance on goods and services in Canada is -19.62 billion current US$, measured in 2025.
That represents a change of down 371.6% on the previous year and up 48.9% over ten years.
Over the whole period, external balance on goods and services in Canada peaked at 46.39 billion current US$ in 2005 and was at its lowest, -38.37 billion current US$, in 2015.
That places Canada 180th out of 192 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 113.24 million current US$ | -264.54 million current US$ | 661.73 million current US$ | 9 |
| 1970s | 67.68 million current US$ | -3.38 billion current US$ | 1.94 billion current US$ | 10 |
| 1980s | 6.20 billion current US$ | 147.80 million current US$ | 12.12 billion current US$ | 10 |
| 1990s | 9.62 billion current US$ | -3.17 billion current US$ | 24.83 billion current US$ | 10 |
| 2000s | 32.10 billion current US$ | -19.83 billion current US$ | 46.39 billion current US$ | 10 |
| 2010s | -30.04 billion current US$ | -38.37 billion current US$ | -16.35 billion current US$ | 10 |
| 2020s | -7.52 billion current US$ | -36.58 billion current US$ | 10.77 billion current US$ | 6 |
Countries ranked near Canada
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 -19.62 billion current US$ 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 46.39 billion current US$ in 2005.
- What is the lowest external balance on goods and services recorded in Canada?
- The lowest recorded value was -38.37 billion current US$ in 2015.
- How does Canada rank for external balance on goods and services?
- Canada ranks 180th out of 192 countries with data for 2025.
- Is external balance on goods and services rising or falling in Canada?
- Over the last ten years it is up 48.9%. 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 (current US$). 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.