Canada

CanadaCurrent account

CA desk: Canada first; United States, United Kingdom, euro area, Australia, Korea, Taiwan and New Zealand alongside.

-0.95%

−0.46 pp

As of 2025 | % of GDP

Latest
-0.95% 2025
Previous year
-0.49% 2024
Min
-4.70% 1975
Max
2.48% 2000
YearValue
2025-0.95%
2024-0.49%
2023-0.69%
2022-0.44%
2021-0.02%
2020-2.01%
2019-1.95%
2018-2.39%
2017-2.80%
2016-3.09%
2015-3.51%
2014-2.32%
2013-3.15%
2012-3.53%
2011-2.77%
2010-3.60%
2009-2.97%
20080.20%
20070.75%
20061.36%
20051.87%
20042.26%
20031.16%
20021.65%
#CountryCurrent accountChangeYear
89Mexico-0.45%+0.46 pp202596Canada-0.95%−0.46 pp2025110United Kingdom-2.43%+0.53 pp2025115Australia-2.68%−0.37 pp2025129New Zealand-3.62%+1.01 pp2025131United States-3.63%+0.42 pp2025

What the current account is

The current-account balance as a share of GDP (BN.CAB.XOKA.GD.ZS) is exports minus imports of goods and services, plus net primary income and current transfers, divided by GDP. A surplus means the economy is a net lender to the rest of the world. Latest: -0.95% in 2025.

A large surplus or deficit is not automatically good or bad; it depends on saving, investment and the exchange rate. From 1960 to 2025 (66 years): latest -0.95% (2025), previous year -0.49% (2024); low -4.70% (1975), high 2.48% (2000).

Source: World Bank Open Data. Licence: CC BY 4.0 (terms).