Canada recorded a Current Account deficit of 9680 CAD Million in the third quarter of 2025. This dataset provides - Canada Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Canada Current Account Balance: % of GDP

• Canada Current Account deficit accounted for 1.2 % of the country's Nominal GDP in Sep 2025, compared with a 2.7 % deficit in the previous quarter.
• Canada Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 1957 to Sep 2025, with an average value of -3.5 %.
• The data reached an all-time high of 3.7 % in Mar 2001 and a record low of -5.1 % in Mar 1975.

CEIC calculates Current Account Balance as % of Nominal GDP from quarterly Current Account Balance and quarterly de-annualised Nominal GDP. Statistics Canada provides Current Account Balance in local currency based on BPM6 and annualised Nominal GDP in local currency. Current Account Balance as % of Nominal GDP prior to Q1 1981 is calculated from Current Account Balance based on BPM5. Nominal GDP prior to Q1 1961 is sourced from the International Monetary Fund.


Key information about Canada Current Account Balance: % of GDP

• In the latest reports of Canada, Current Account recorded a deficit of 7.0 USD bn in Sep 2025.
• Foreign Direct Investment (FDI) increased by 13.2 USD bn in Sep 2025.
• Canada Direct Investment Abroad expanded by 18.2 USD bn in Sep 2025.
• Its Foreign Portfolio Investment increased by 58.3 USD bn in Sep 2025.
• The country's Nominal GDP was reported at 590.9 USD bn in Sep 2025.

Canada's current account covers international transactions in goods, services, compensation of employees, investment income and secondary income (current transfers). Canada's capital account covers international capital transfers and transactions in non-produced non-financial assets. Annual data are available for 6 countries/regions and for all countries aggregated.

Graph and download economic data for Balance of Payments: Current Account: Balance (Revenue Minus Expenditure) for Canada (CANB6BLTT01CXCUSAQ) from Q1 1981 to Q4 2024 about current account and BOP.

Canada recorded a Current Account deficit of 1 percent of the country's Gross Domestic Product in 2024. This dataset provides - Canada Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Canada's current account covers international transactions in goods, services, compensation of employees, investment income and secondary income (current transfers). Quarterly data are seasonally adjusted.

Monthly and long-term Canada Current Account data: historical series and analyst forecasts curated by FocusEconomics.

Graph and download economic data for Total Current Account Balance for Canada (DISCONTINUED) (BPBLTT01CAA188S) from 1990 to 2013 about current account, BOP, and Canada.

View quarterly updates and historical trends for Canada Current Account Balance. Source: Statistics Canada. Track economic data with YCharts analytics.

Canada: Current account balance, billion USD: The latest value from 2024 is -10.35 billion U.S. dollars, an increase from -13.76 billion U.S. dollars in 2023. In comparison, the world average is 14.17 billion U.S. dollars, based on data from 67 countries. Historically, the average for Canada from 1960 to 2024 is -11.34 billion U.S. dollars. The minimum value, -64.58 billion U.S. dollars, was reached in 2012 while the maximum of 23.24 billion U.S. dollars was recorded in 2004.

United States BoP: Canada: Balance on Current Account data was reported at 7.355 USD bn in Mar 2018. This records an increase from the previous number of 4.857 USD bn for Dec 2017. United States BoP: Canada: Balance on Current Account data is updated quarterly, averaging 2.232 USD bn from Mar 2003 (Median) to Mar 2018, with 61 observations. The data reached an all-time high of 8.896 USD bn in Jun 2013 and a record low of -19.465 USD bn in Dec 2005. United States BoP: Canada: Balance on Current Account data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.JB006: Balance of Payments: BPM6: Canada.

Actual value and historical data chart for Canada Current Account Balance Bop Us Dollar

Canada CA: BOP: Current Account: Trade in Services: % of GDP data was reported at 14.326 % in 2023. This records an increase from the previous number of 13.252 % for 2022. Canada CA: BOP: Current Account: Trade in Services: % of GDP data is updated yearly, averaging 8.213 % from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 14.326 % in 2023 and a record low of 5.694 % in 1963. Canada CA: BOP: Current Account: Trade in Services: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Balance of Payments: Current Account. Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Actual value and historical data chart for Canada Current Account Balance Percent Of GDP

Overview with Chart & Report: Canada Current Account reflects the net trade balance (the difference between exported and imported goods and services), net income from foreign investments and net transfer payments. Since

Canada CA: BOP: Current Account: Net Trade: Goods and Services data was reported at -5.780 USD bn in 2024. This records a decrease from the previous number of 1.355 USD bn for 2023. Canada CA: BOP: Current Account: Net Trade: Goods and Services data is updated yearly, averaging 998.716 USD mn from Dec 1960 (Median) to 2024, with 65 observations. The data reached an all-time high of 45.678 USD bn in 2005 and a record low of -38.584 USD bn in 2015. Canada CA: BOP: Current Account: Net Trade: Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Balance of Payments: Current Account. Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Graph and download economic data for Current Account Balance: Total Trade of Goods for Canada (DISCONTINUED) (BPBLTD01CAA637N) from 1990 to 2013 about current account, BOP, Canada, trade, and goods.

Quarterly current and capital accounts for the four national sectors (households, non-profit institutions serving households, corporations, general governments) including property income, disposable income, net saving and net lending, Canada.

Canada's international investment income covers direct investment income, portfolio income, and other investment income. Quarterly data are further broken down between interest, dividends, and reinvested earnings.

For current account values prior to the first quarter of 1981, please see terminated table 36-10-0045-01 (formely: CANSIM 376-0003). For capital account values prior to the first quarter of 1981, please see archived table 36-10-0046-01 (formely: CANSIM 376-0004). Includes a general provision to cover legal, accounting and third-party management consulting until surveyed more specifically from 1995; also includes retail software exports before 1996. Other services include both commercial services and government services. These two categories are available separately from 1973. Before 2002, receipts of money market interest are included indistinguishably with other investment and not with portfolio investment. Prior to 1993, withholding tax applicable on payments of money market interest was included with interest on other investment. From 1993, it is included in interest on portfolio investment. Foreign taxes are applicable only to payments where it refers to total withholding taxes paid by Canadian residents and which are initially part of various Canadian interest, dividend and services receipts. Canadian taxes are applicable only to receipts where it refers to total withholding taxes received by the Government of Canada and which are initially part of various Canadian interest, dividend, and services payments. Official contributions are applicable only to payments where it refers to official contributions made by the Canadian governments and their enterprises. A net lending is shown as a plus sign whereas a net borrowing is shown as a minus sign. European Union (EU) countries excluding the United Kingdom includes currently Belgium, Denmark, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain; from January 1995, includes Austria, Finland, and Sweden; from May 2004, Cyprus, Czechia, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia and Slovenia; from January 2007, Bulgaria and Romania; from July 2013, Croatia. Other Organisation for Economic Co-operation and Development (OECD) countries includes currently Australia, Iceland, New Zealand, Norway, Switzerland, Turkey; from July 1994 Mexico; from December 1995 up to April 2004, Czechia; from May 1996 up to April 2004, Hungary; from November 1996 up to April 2004, Poland; from December 1996, Republic of Korea; from January 2001 up to April 2004, Slovakia; up to December 1994, Austria, Finland and Sweden; from May 2010, Chile; from April 2020, Colombia. Private transfers and other private transfers include the counterpart of adjustments for insurance claims volatility made in the insurance services. Beginning January 2021, the United Kingdom ceased to be covered by trade agreements negotiated by the European Union. Since the data for the United Kingdom is presented separately in this table, the values for the European Union exclude those of the United Kingdom for all reference periods and regardless of the membership status of the United Kingdom in the European Union.