Canada - External balance on goods and services (current LCU)

The value for External balance on goods and services (current LCU) in Canada was -45,363,000,000 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 65,647,000,000 in 2001 and a minimum value of -49,064,000,000 in 2015.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1961 -268,000,000
1962 -166,000,000
1963 259,000,000
1964 517,000,000
1965 -183,000,000
1966 -121,000,000
1967 536,000,000
1968 713,000,000
1969 -169,000,000
1970 2,024,000,000
1971 1,312,000,000
1972 650,000,000
1973 1,436,000,000
1974 -153,000,000
1975 -3,435,000,000
1976 -1,839,000,000
1977 -800,000,000
1978 544,000,000
1979 1,197,000,000
1980 5,452,000,000
1981 2,456,000,000
1982 14,632,000,000
1983 13,234,000,000
1984 15,691,000,000
1985 11,260,000,000
1986 4,793,000,000
1987 6,550,000,000
1988 4,639,000,000
1989 175,000,000
1990 1,072,000,000
1991 -3,627,000,000
1992 -2,441,000,000
1993 257,000,000
1994 9,279,000,000
1995 26,066,000,000
1996 33,850,000,000
1997 17,497,000,000
1998 18,596,000,000
1999 36,359,000,000
2000 62,527,000,000
2001 65,647,000,000
2002 52,645,000,000
2003 48,833,000,000
2004 59,615,000,000
2005 56,213,000,000
2006 41,197,000,000
2007 34,325,000,000
2008 29,270,000,000
2009 -22,670,000,000
2010 -31,211,000,000
2011 -20,259,000,000
2012 -34,525,000,000
2013 -29,812,000,000
2014 -18,064,000,000
2015 -49,064,000,000
2016 -47,773,000,000
2017 -46,928,000,000
2018 -42,195,000,000
2019 -36,872,000,000
2020 -45,363,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts