Canada - Current account balance

Current account balance (BoP, current US$)

The latest value for Current account balance (BoP, current US$) in Canada was $1,216,876,000 as of 2021. Over the past 61 years, the value for this indicator has fluctuated between $23,235,550,000 in 2004 and ($64,582,430,000) in 2012.

Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1960 ($1,187,188,000)
1961 ($1,105,884,000)
1962 ($1,080,532,000)
1963 ($841,511,700)
1964 ($453,738,900)
1965 ($1,657,803,000)
1966 ($1,578,616,000)
1967 ($1,278,893,000)
1968 ($980,740,500)
1969 ($1,945,699,000)
1970 $493,731,600
1971 ($1,038,600,000)
1972 ($2,404,308,000)
1973 ($2,056,301,000)
1974 ($4,570,221,000)
1975 ($8,196,399,000)
1976 ($7,638,588,000)
1977 ($7,002,659,000)
1978 ($8,188,226,000)
1979 ($8,384,720,000)
1980 ($6,088,019,000)
1981 ($12,532,210,000)
1982 $1,796,487,000
1983 ($2,522,643,000)
1984 ($1,373,618,000)
1985 ($5,838,918,000)
1986 ($11,351,390,000)
1987 ($13,711,710,000)
1988 ($15,285,070,000)
1989 ($22,216,030,000)
1990 ($20,259,440,000)
1991 ($22,874,760,000)
1992 ($21,718,990,000)
1993 ($22,353,010,000)
1994 ($13,907,010,000)
1995 ($5,061,142,000)
1996 $2,428,067,000
1997 ($8,985,483,000)
1998 ($8,999,713,000)
1999 $845,351,100
2000 $18,494,430,000
2001 $15,757,820,000
2002 $12,512,910,000
2003 $10,432,940,000
2004 $23,235,550,000
2005 $21,933,100,000
2006 $17,990,240,000
2007 $11,050,810,000
2008 $3,177,945,000
2009 ($40,775,260,000)
2010 ($58,162,670,000)
2011 ($49,746,990,000)
2012 ($64,582,430,000)
2013 ($58,110,120,000)
2014 ($41,873,920,000)
2015 ($54,695,520,000)
2016 ($47,262,580,000)
2017 ($46,235,970,000)
2018 ($41,150,340,000)
2019 ($35,434,010,000)
2020 ($29,215,730,000)
2021 $1,216,876,000

Current account balance (% of GDP)

Current account balance (% of GDP) in Canada was -1.78 as of 2020. Its highest value over the past 60 years was 2.48 in 2000, while its lowest value was -4.72 in 1975.

Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1960 -2.93
1961 -2.70
1962 -2.56
1963 -1.87
1964 -0.92
1965 -3.04
1966 -2.58
1967 -1.95
1968 -1.37
1969 -2.46
1970 0.56
1971 -1.05
1972 -2.13
1973 -1.57
1974 -2.85
1975 -4.72
1976 -3.70
1977 -3.31
1978 -3.75
1979 -3.45
1980 -2.22
1981 -4.09
1982 0.57
1983 -0.74
1984 -0.39
1985 -1.60
1986 -3.01
1987 -3.18
1988 -3.01
1989 -3.93
1990 -3.41
1991 -3.75
1992 -3.67
1993 -3.87
1994 -2.41
1995 -0.84
1996 0.39
1997 -1.37
1998 -1.42
1999 0.12
2000 2.48
2001 2.13
2002 1.65
2003 1.16
2004 2.26
2005 1.87
2006 1.36
2007 0.75
2008 0.20
2009 -2.97
2010 -3.60
2011 -2.77
2012 -3.53
2013 -3.15
2014 -2.32
2015 -3.51
2016 -3.09
2017 -2.80
2018 -2.39
2019 -2.03
2020 -1.78

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments