Canada Current Account Balance: % of GDP
1957 - 2022 | Quarterly | % | CEIC Data
Key information about Canada Current Account Balance: % of GDP
- Canada Current Account surplus accounted for 0.7 % of the country's Nominal GDP in Mar 2022, compared with a 0.0 % deficit in the previous quarter.
- Canada Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 1957 to Mar 2022, with an average value of -2.4 %.
- 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 surplus of 4.0 USD bn in Mar 2022.
- Foreign Direct Investment (FDI) increased by 15.9 USD bn in Mar 2022.
- Canada Direct Investment Abroad expanded by 15.5 USD bn in Mar 2022.
- Its Foreign Portfolio Investment increased by 58.8 USD bn in Mar 2022.
- The country's Nominal GDP was reported at 532.6 USD bn in Mar 2022.
View Canada's Current Account Balance: % of GDP from Mar 1957 to Mar 2022 in the chart:
What was Canada's Current Account Balance: % of GDP in Mar 2022?
Canada Current Account surplus accounted for 0.7 % of the country's Nominal GDP in Mar 2022, compared with a 0.0 % deficit in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 0.7 Mar 2022 | -0.0 Dec 2021 | -5.1 Mar 1975 | 3.7 Mar 2001 | % | quarterly | Mar 1957 - Mar 2022 |
Current Account Balance: % of GDP by Country Comparison
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Includes Current Account Balance: % of GDP on 115 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | -5.8 Mar 2022 | quarterly | Mar 2008 - Mar 2022 |
| Algeria (%) | -3.8 Sep 2021 | quarterly | Mar 2007 - Sep 2021 |
| Argentina (%) | 0.3 Dec 2021 | quarterly | Mar 2004 - Dec 2021 |
| Armenia (%) | -9.3 Mar 2022 | quarterly | Dec 1994 - Mar 2022 |
| Australia (%) | 1.3 Mar 2022 | quarterly | Sep 1959 - Mar 2022 |
| Austria (%) | 1.1 Mar 2022 | quarterly | Mar 1970 - Mar 2022 |
| Azerbaijan (%) | 22.5 Mar 2022 | quarterly | Mar 2013 - Mar 2022 |
| Bahrain (%) | 13.7 Mar 2022 | quarterly | Mar 2018 - Mar 2022 |
| Bangladesh (%) | -0.9 2021 | yearly | 1998 - 2021 |
| Belarus (%) | -8.0 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Belgium (%) | -0.6 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Bolivia (%) | -1.4 Dec 2021 | quarterly | Mar 1990 - Dec 2021 |
| Bosnia and Herzegovina (%) | -4.9 Mar 2022 | quarterly | Mar 2008 - Mar 2022 |
| Botswana (%) | 2.7 Mar 2022 | quarterly | Mar 2004 - Mar 2022 |
| Brazil (%) | -3.0 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Brunei (%) | -20.4 Dec 2020 | quarterly | Mar 2013 - Dec 2020 |
| Bulgaria (%) | -4.7 Mar 2022 | quarterly | Sep 1999 - Mar 2022 |
| Cambodia (%) | -54.9 Dec 2021 | quarterly | Mar 2010 - Dec 2021 |
| Canada (%) | 0.7 Mar 2022 | quarterly | Mar 1957 - Mar 2022 |
| Chile (%) | -7.0 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| China (%) | 2.1 Mar 2022 | quarterly | Mar 1998 - Mar 2022 |
| Colombia (%) | -6.4 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Croatia (%) | -16.9 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Cyprus (%) | -17.8 Mar 2022 | quarterly | Mar 2008 - Mar 2022 |
| Czech Republic (%) | -0.5 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Denmark (%) | 6.5 Mar 2022 | quarterly | Mar 1990 - Mar 2022 |
| Ecuador (%) | 2.8 Mar 2022 | quarterly | Mar 1993 - Mar 2022 |
| Egypt (%) | -5.3 Jun 2021 | quarterly | Sep 2001 - Jun 2021 |
| Estonia (%) | 1.4 Mar 2022 | quarterly | Mar 2000 - Mar 2022 |
| European Union (%) | -0.2 Mar 2022 | quarterly | Mar 1999 - Mar 2022 |
| Finland (%) | -3.5 Mar 2022 | quarterly | Mar 1990 - Mar 2022 |
| France (%) | -1.6 Mar 2022 | quarterly | Mar 1997 - Mar 2022 |
| Georgia (%) | -13.0 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Germany (%) | 5.0 Mar 2022 | quarterly | Mar 1991 - Mar 2022 |
| Ghana (%) | -1.9 Mar 2022 | quarterly | Mar 2006 - Mar 2022 |
| Greece (%) | -14.2 Mar 2022 | quarterly | Mar 2000 - Mar 2022 |
| Hong Kong SAR, China (%) | 11.6 Mar 2022 | quarterly | Mar 1999 - Mar 2022 |
| Hungary (%) | -5.4 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Iceland (%) | -5.9 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| India (%) | -1.5 Mar 2022 | quarterly | Jun 2004 - Mar 2022 |
| Indonesia (%) | 0.1 Mar 2022 | quarterly | Mar 1993 - Mar 2022 |
| Iran (%) | -0.1 2021 | yearly | 1997 - 2021 |
| Ireland (%) | 14.9 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Israel (%) | 3.5 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Italy (%) | -1.9 Mar 2022 | quarterly | Mar 1980 - Mar 2022 |
| Ivory Coast (%) | -3.9 2021 | yearly | 1975 - 2021 |
| Japan (USD mn) | 4,047.5 Apr 2022 | monthly | Jan 1996 - Apr 2022 |
| Jordan (%) | -12.2 Mar 2022 | quarterly | Mar 1992 - Mar 2022 |
| Kazakhstan (%) | 5.8 Mar 2022 | quarterly | Dec 1997 - Mar 2022 |
| Kenya (%) | -4.0 Mar 2022 | quarterly | Mar 2009 - Mar 2022 |
| South Korea (USD mn) | 3,832.8 May 2022 | monthly | Jan 1980 - May 2022 |
| Kosovo (%) | -19.8 Mar 2022 | quarterly | Mar 2010 - Mar 2022 |
| Kuwait (%) | 0.5 Dec 2020 | quarterly | Mar 2012 - Dec 2020 |
| Kyrgyzstan (%) | -64.5 Mar 2022 | quarterly | Mar 2000 - Mar 2022 |
| Laos (%) | 2.3 2021 | yearly | 1984 - 2021 |
| Latvia (%) | -7.1 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Lebanon (%) | -4.7 2020 | yearly | 2002 - 2020 |
| Lithuania (%) | -6.7 Mar 2022 | quarterly | Mar 1993 - Mar 2022 |
| Luxembourg (%) | 2.3 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Macau SAR, China (%) | 15.2 2020 | yearly | 2002 - 2020 |
| North Macedonia (%) | -13.4 Mar 2022 | quarterly | Mar 2000 - Mar 2022 |
| Malawi (%) | -12.0 2020 | yearly | 1977 - 2020 |
| Malaysia (%) | 0.7 Mar 2022 | quarterly | Mar 2000 - Mar 2022 |
| Malta (%) | -0.4 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Mauritius (%) | -11.6 Mar 2022 | quarterly | Mar 2007 - Mar 2022 |
| Mexico (%) | -1.9 Mar 2022 | quarterly | Mar 1993 - Mar 2022 |
| Moldova (%) | -17.1 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Mongolia (%) | -33.0 Mar 2022 | quarterly | Mar 2000 - Mar 2022 |
| Montenegro (%) | -17.9 Mar 2022 | quarterly | Mar 2010 - Mar 2022 |
| Morocco (%) | -5.0 Mar 2022 | quarterly | Mar 2014 - Mar 2022 |
| Mozambique (%) | -22.9 2021 | yearly | 1980 - 2021 |
| Nepal (%) | -7.8 2021 | yearly | 2001 - 2021 |
| Netherlands (%) | 9.0 Mar 2022 | quarterly | Mar 1987 - Mar 2022 |
| New Zealand (%) | -9.4 Mar 2022 | quarterly | Jun 1987 - Mar 2022 |
| Nigeria (%) | 2.4 Mar 2022 | quarterly | Mar 2008 - Mar 2022 |
| Norway (%) | 26.9 Mar 2022 | quarterly | Mar 1981 - Mar 2022 |
| Oman (%) | -11.7 2020 | yearly | 1980 - 2020 |
| Pakistan (%) | -0.8 2021 | yearly | 1977 - 2021 |
| Palestinian Territory (%) | -12.7 Mar 2022 | quarterly | Mar 2011 - Mar 2022 |
| Panama (%) | -3.5 Dec 2021 | quarterly | Mar 2007 - Dec 2021 |
| Paraguay (%) | -7.7 Mar 2022 | quarterly | Mar 2000 - Mar 2022 |
| Peru (%) | -6.3 Mar 2022 | quarterly | Mar 1980 - Mar 2022 |
| Philippines (%) | -5.0 Mar 2022 | quarterly | Mar 1981 - Mar 2022 |
| Poland (%) | -6.0 Mar 2022 | quarterly | Mar 2000 - Mar 2022 |
| Portugal (%) | -2.7 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Qatar (%) | 23.9 Dec 2021 | quarterly | Mar 2011 - Dec 2021 |
| Romania (%) | -9.6 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Russia (%) | 16.9 Mar 2022 | quarterly | Mar 1994 - Mar 2022 |
| Saudi Arabia (%) | 14.8 Mar 2022 | quarterly | Mar 2006 - Mar 2022 |
| Serbia (%) | -10.4 Mar 2022 | quarterly | Mar 2007 - Mar 2022 |
| Singapore (%) | 20.3 Mar 2022 | quarterly | Mar 1986 - Mar 2022 |
| Slovakia (%) | -8.5 Mar 2022 | quarterly | Mar 1997 - Mar 2022 |
| Slovenia (%) | -1.1 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| South Africa (%) | 1.9 Dec 2021 | quarterly | Mar 1960 - Dec 2021 |
| Spain (%) | -1.2 Mar 2022 | quarterly | Mar 1980 - Mar 2022 |
| Sri Lanka (%) | -5.4 Mar 2022 | quarterly | Mar 2002 - Mar 2022 |
| Sudan (%) | -8.0 2020 | yearly | 1977 - 2020 |
| Sweden (%) | 4.2 Mar 2022 | quarterly | Mar 1980 - Mar 2022 |
| Switzerland (%) | 10.1 Mar 2022 | quarterly | Mar 1983 - Mar 2022 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -3.8 Mar 2022 | quarterly | Jun 1993 - Mar 2022 |
| Consolidated Fiscal Balance (USD mn) | 2,069.368 May 2022 | monthly | May 1992 - May 2022 |
| Tax Revenue (USD mn) | 22,925.577 May 2022 | monthly | Jan 1996 - May 2022 |
| Tax Revenue: % of GDP (%) | 14.9 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| National Government Debt (USD mn) | 1,455,818.8 2022 | yearly | 1962 - 2022 |
| Government Debt: % of GDP (%) | 71.0 2022 | yearly | 1962 - 2022 |
| Forecast: Government Expenditure (CAD bn) | 1,390.376 2027 | yearly | 1980 - 2027 |
| Forecast: Government Net Debt (CAD bn) | 2,927.597 2027 | yearly | 1980 - 2027 |
| Forecast: Government Revenue (CAD bn) | 1,380.415 2027 | yearly | 1980 - 2027 |
| Budgetary Expense (CAD mn) | -33,292.000 May 2022 | monthly | May 1992 - May 2022 |
| Budgetary Revenue: TR: Excise Taxes & Duties (CAD mn) | 6,739.000 May 2022 | monthly | Jan 1996 - May 2022 |
| Budgetary Revenue (CAD mn) | 35,953.000 May 2022 | monthly | May 1992 - May 2022 |
| Budgetary Revenue: Tax Revenues (TR) (CAD mn) | 29,480.000 May 2022 | monthly | Jan 1996 - May 2022 |
| Budgetary Balance: Deficit or Surplus (CAD mn) | 2,661.000 May 2022 | monthly | May 1992 - May 2022 |
| FIN Forecast: Budgetary Expense (CAD mn) | 498,100.000 2027 | yearly | 1996 - 2027 |
| FIN Forecast: Budgetary Balance (CAD mn) | -13,100.000 2027 | yearly | 1996 - 2027 |
| FIN Forecast: Budgetary Revenue (CAD mn) | 481,000.000 2027 | yearly | 1996 - 2027 |
| FIN Forecast: Budgetary Revenue: Tax: Excise Taxes & Duties (ET) (CAD mn) | 71,400.000 2027 | yearly | 2000 - 2027 |
| Net Financing Activities (CAD mn) | 2,995.000 May 2022 | monthly | Jan 1996 - May 2022 |
| FIN Forecast: Federal Debt (CAD mn) | 1,358,900.000 2027 | yearly | 1997 - 2027 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.592 2027 | yearly | 1980 - 2027 |
| Trade Balance (USD mn) | 4,140.4 May 2022 | monthly | Jan 1988 - May 2022 |
| Total Exports (USD mn) | 53,220.5 May 2022 | monthly | Jan 1988 - May 2022 |
| Total Exports Growth (%) | 38.4 May 2022 | monthly | Jan 1989 - May 2022 |
| Aluminum: Exports (USD th) | 9,881,908.000 2021 | yearly | 1995 - 2021 |
| Exports: Medicament (USD th) | 8,651,176.943 2021 | yearly | 1995 - 2021 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 951,763.844 2021 | yearly | 1995 - 2021 |
| Total Imports (USD mn) | 49,080.1 May 2022 | monthly | Jan 1988 - May 2022 |
| Total Imports Growth (%) | 25.3 Apr 2022 | monthly | Jan 1989 - Apr 2022 |
| Imports: Medicament (USD th) | 9,962,257.486 2021 | yearly | 1995 - 2021 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 9,570,531.231 2021 | yearly | 1995 - 2021 |
| Total Exports to USA (USD mn) | 41,136.636 May 2022 | monthly | Jan 1988 - May 2022 |
| Total Imports from USA (USD mn) | 30,272.338 May 2022 | monthly | Jan 1997 - May 2022 |
| Total Exports to China (USD mn) | 1,506.571 May 2022 | monthly | Jan 1997 - May 2022 |
| Total Imports from China (USD mn) | 4,556.886 May 2022 | monthly | Jan 1997 - May 2022 |
| CA: Import Unit Value Index (2010=100) | 104.348 2011 | yearly | 1948 - 2011 |
| CA: Export Unit Value Index (2010=100) | 106.461 2011 | yearly | 1948 - 2011 |
| Coal Exports (kton) | 2,516.000 Mar 2022 | monthly | Jan 1977 - Mar 2022 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Photovoltaic Cells ass... (CAD th) | 12,083.134 May 2022 | monthly | Jan 2022 - May 2022 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Light Emitting Diodes ... (CAD th) | 17,836.639 May 2022 | monthly | Jan 2022 - May 2022 |
| Import Value (Val): HS: Iron and Steel (IS) (CAD th) | 1,328,288.236 Jun 2022 | monthly | Jan 1988 - Jun 2022 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.4 Mar 2022 | quarterly | Mar 2005 - Mar 2022 |
| Household Debt: % of GDP (%) | 105.1 Mar 2022 | quarterly | Mar 1969 - Mar 2022 |
| Money Supply M1 (USD mn) | 1,281,618.008 May 2022 | monthly | Mar 1975 - May 2022 |
| Money Supply M2 (USD mn) | 1,866,063.771 May 2022 | monthly | Jan 1968 - May 2022 |
| M2 Growth (%) | 5.7 May 2022 | monthly | Jan 1969 - May 2022 |
| Foreign Exchange Reserves (USD mn) | 80,218.0 May 2022 | monthly | Jun 1999 - May 2022 |
| Foreign Exchange Reserves: % of GDP (%) | 3.693 Mar 2022 | quarterly | Jun 1999 - Mar 2022 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.6 May 2022 | monthly | Jun 1999 - May 2022 |
| Gold Reserves (USD mn) | 0.000 Jun 2022 | monthly | Dec 1956 - Jun 2022 |
| Total Deposits (USD mn) | 4,196,267.921 May 2022 | monthly | Jan 2009 - May 2022 |
| Total Deposits Growth (%) | 11.2 May 2022 | monthly | Jan 2010 - May 2022 |
| Domestic Credit (USD mn) | 4,645,638.9 May 2022 | monthly | Jan 1969 - May 2022 |
| Domestic Credit Growth (%) | 9.0 May 2022 | monthly | Jan 1970 - May 2022 |
| Debt Service Ratio: Households (%) | 12.700 Dec 2021 | quarterly | Mar 1999 - Dec 2021 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 22.700 Dec 2021 | quarterly | Mar 1999 - Dec 2021 |
| Credit to Households (USD bn) | 2,111.239 Dec 2021 | quarterly | Mar 1969 - Dec 2021 |
| Credit to Private Non-Financial Sector (USD bn) | 4,508.771 Dec 2021 | quarterly | Mar 1954 - Dec 2021 |
| Household Debt (USD mn) | 2,163,023.2 May 2022 | monthly | Jan 1969 - May 2022 |
| Total Loans (USD mn) | 3,099,549.015 May 2022 | monthly | Jan 1969 - May 2022 |
| Total Loans Growth (%) | 9.01 May 2022 | monthly | Jan 1970 - May 2022 |
| Private Debt: % of Nominal GDP (%) | 227.76 Mar 2022 | quarterly | Mar 1969 - Mar 2022 |
| Money Supply: M2+: M2: Gross (CAD mn) | 2,352,346.000 May 2022 | monthly | Jan 1968 - May 2022 |
| Money Supply: M1+: Gross: sa (CAD mn) | 1,619,837.000 May 2022 | monthly | Mar 1975 - May 2022 |
| Money Supply: M3: Gross: sa (CAD mn) | 3,283,672.000 May 2022 | monthly | Jan 1970 - May 2022 |
| Money Supply: M3: Gross (CAD mn) | 3,279,290.000 May 2022 | monthly | Jan 1970 - May 2022 |
| Money Supply: M1+: Gross (CAD mn) | 1,624,506.000 May 2022 | monthly | Mar 1975 - May 2022 |
| Money Supply: M2+: M2: Gross: sa (CAD mn) | 2,358,518.000 May 2022 | monthly | Jan 1968 - May 2022 |
| Official International Reserves (USD mn) | 106,282.000 Jun 2022 | monthly | Dec 1994 - Jun 2022 |
| Official International Reserves: Gold (USD mn) | 0.000 Jun 2022 | monthly | Dec 1994 - Jun 2022 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -19.4 Jun 2022 | monthly | Dec 2001 - Jun 2022 |
| Purchasing Manager Index: Seasonally Adjusted (NA) | 62.200 Jun 2022 | monthly | Dec 2000 - Jun 2022 |
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