Current account balance — all countries

Current account balance — Canada

Current account balance in Canada in 2031 — 0%. Ranked 64 in the world out of 188. Since 1980, the indicator has risen by 2.2 pp.

2031 0% +0.2 pp vs 2030
World rank 64of 188
Period maximum 2.6%2000
Period minimum -4.2%1981

Trend over time

1980–2031 · % of GDP

Current account balance — Canada, 1980–2031-6-4-202419801986199219982004201020162022202820311980: -2.2%1981: -4.2%1982: 0.5%1983: -0.8%1984: -0.5%1985: -1.7%1986: -3.1%1987: -3.2%1988: -3.1%1989: -4%1990: -3.4%1991: -3.7%1992: -3.6%1993: -3.8%1994: -2.4%1995: -0.8%1996: 0.4%1997: -1.3%1998: -1.3%1999: 0.2%2000: 2.6%2001: 2.2%2002: 1.7%2003: 1.2%2004: 2.3%2005: 1.9%2006: 1.4%2007: 0.8%2008: 0.1%2009: -2.9%2010: -3.6%2011: -2.7%2012: -3.5%2013: -3.1%2014: -2.3%2015: -3.5%2016: -3.1%2017: -2.8%2018: -2.4%2019: -2%2020: -2%2021: 0%2022: -0.5%2023: -0.7%2024: -0.5%2025: -0.9%2026: -0.2%2027: -0.3%2028: -0.4%2029: -0.3%2030: -0.2%2031: 0%
Change over the period: +2.2 pp Annual average: 0.04 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Canada

Canada 0%
World computed 0.28%
High-income countries computed 0.13%
Current account balance — Canada, by year Canada All countries CSV XLSX
Year % Change, pp
2031 0 +0.2 pp
2030 -0.2 +0.1 pp
2029 -0.3 +0.1 pp
2028 -0.4 −0.1 pp
2027 -0.3 −0.1 pp
2026 -0.2 +0.7 pp
2025 -0.9 −0.4 pp
2024 -0.5 +0.2 pp
2023 -0.7 −0.2 pp
2022 -0.5 −0.5 pp
2021 0 +2 pp
2020 -2 +0 pp
2019 -2 +0.4 pp
2018 -2.4 +0.4 pp
2017 -2.8 +0.3 pp
2016 -3.1 +0.4 pp
2015 -3.5 −1.2 pp
2014 -2.3 +0.8 pp
2013 -3.1 +0.4 pp
2012 -3.5 −0.8 pp
2011 -2.7 +0.9 pp
2010 -3.6 −0.7 pp
2009 -2.9 −3 pp
2008 0.1 −0.7 pp
2007 0.8 −0.6 pp
2006 1.4 −0.5 pp
2005 1.9 −0.4 pp
2004 2.3 +1.1 pp
2003 1.2 −0.5 pp
2002 1.7 −0.5 pp
2001 2.2 −0.4 pp
2000 2.6 +2.4 pp
1999 0.2 +1.5 pp
1998 -1.3 +0 pp
1997 -1.3 −1.7 pp
1996 0.4 +1.2 pp
1995 -0.8 +1.6 pp
1994 -2.4 +1.4 pp
1993 -3.8 −0.2 pp
1992 -3.6 +0.1 pp
1991 -3.7 −0.3 pp
1990 -3.4 +0.6 pp
1989 -4 −0.9 pp
1988 -3.1 +0.1 pp
1987 -3.2 −0.1 pp
1986 -3.1 −1.4 pp
1985 -1.7 −1.2 pp
1984 -0.5 +0.3 pp
1983 -0.8 −1.3 pp
1982 0.5 +4.7 pp
1981 -4.2 −2 pp
1980 -2.2

Northern America, 2031

The same indicator for neighboring countries — with links to their pages

About the indicator

The current account balance of the balance of payments as a percent of GDP: trade in goods and services, primary income (interest, dividends, compensation of employees) and secondary income (transfers). A surplus means a country earns more abroad than it spends and is building up external assets; a persistent deficit has to be financed by an inflow of capital.

Source: World Economic Outlook (IMF), license IMF open data.