Trade in services in Canada
Canada: Trade in services 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 1.1% on the previous year and up 20.5% 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 133rd of 199 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.
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
- Gross capital formation 751.01 billion current LCU (2025)
- Gross fixed capital formation 742.83 billion current LCU (2025)
- Gross fixed capital formation 399.43 billion constant 2015 US$ (2025)
- Gross fixed capital formation 1.4% (2025)
- GDP 3.24 trillion current LCU (2025)
- Gross fixed capital formation 22.9% (2025)
- Changes in inventories 5.85 billion current US$ (2025)
- Changes in inventories 8.18 billion current LCU (2025)
- Gross capital formation 537.16 billion current US$ (2025)
- Imports of goods and services 1.04 trillion current LCU (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 133rd out of 199 countries with data for 2025.
- Is trade in services rising or falling in Canada?
- Over the last ten years it is up 20.5%. 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.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.