Canada Current Account Balance

Factbook > Countries > Canada > Economy

Current Account Balance:

-$35.425 billion (2019 est.)
-$42.862 billion (2018 est.)

Definition: This entry records a country's net trade in goods and services, plus net earnings from rents, interest, profits, and dividends, and net transfer payments (such as pension funds and worker remittances) to and from the rest of the world during the period specified. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.

Source: CIA World Factbook - This page was last updated on Friday, November 27, 2020

See Also

Related Data From the International Monetary Fund

Variable: Current account balance

Note: Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

Units: U.S. dollars

Scale: Billions

Country-specific Note: Source: National Statistics Office Latest actual data: 2018 BOP Manual used: Balance of Payments and International Investment Position Manual, sixth edition (BPM6) Primary domestic currency: Canadian dollar Data last updated: 03/2019

Source: International Monetary Fund, World Economic Outlook Database, April 2019

YearCurrent account balancePercent Change
1980-6.088 
1981-12.534105.88%
19821.846-114.73%
1983-2.521-236.57%
1984-1.299-48.47%
1985-5.839349.50%
1986-11.35994.54%
1987-13.7120.70%
1988-15.35812.02%
1989-22.24744.86%
1990-20.324-8.64%
1991-22.912.67%
1992-21.539-5.94%
1993-22.3043.55%
1994-13.868-37.82%
1995-5.177-62.67%
19962.424-146.82%
1997-8.985-470.67%
1998-8.821-1.83%
19990.81-109.18%
200018.5872,194.69%
200115.688-15.60%
200212.518-20.21%
200310.19-18.60%
200423.229127.96%
200521.598-7.02%
200617.968-16.81%
200711.109-38.17%
20081.529-86.24%
2009-40.409-2,742.84%
2010-58.24344.13%
2011-49.6-14.84%
2012-65.73332.53%
2013-59.352-9.71%
2014-43.196-27.22%
2015-55.14627.66%
2016-48.953-11.23%
2017-46.335-5.35%
2018-45.287-2.26%
2019-53.68418.54%

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