Canada Current Account Balance (% of GDP) (2024)
Canada's Current Account Balance (% of GDP): -0.5 % of GDP in 2024, +0.2pp YoY. World Bank (BN.CAB.XOKA.GD.ZS), 1990–2024.
Canada (2024)
-0.5
% of GDP
+0.2pp YoY
YoY Change
+0.2pp
percentage points
Trend
up
Series length
35
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | -0.5 | +0.2pp |
| 2023 | -0.7 | -0.3pp |
| 2022 | -0.4 | -0.4pp |
| 2021 | -0 | +2pp |
| 2020 | -2 | -0.1pp |
| 2019 | -2 | +0.4pp |
| 2018 | -2.4 | +0.4pp |
| 2017 | -2.8 | +0.3pp |
| 2016 | -3.1 | +0.4pp |
| 2015 | -3.5 | -1.2pp |
| 2014 | -2.3 | +0.8pp |
| 2013 | -3.1 | +0.4pp |
| 2012 | -3.5 | -0.8pp |
| 2011 | -2.8 | +0.8pp |
| 2010 | -3.6 | -0.6pp |
| 2009 | -3 | -3.2pp |
| 2008 | 0.2 | -0.5pp |
| 2007 | 0.8 | -0.6pp |
| 2006 | 1.4 | -0.5pp |
| 2005 | 1.9 | n/a |
About this Dataset
Canada recorded -0.5 % of GDP in 2024. The most recent year-on-year change was +0.2pp. The historical series (1990–2024) shows a peak of 2.5 in 2000 and a trough of -3.9 in 1993.
Data sourced from World Bank Open Data API. Values use World Bank standardised methodology ensuring cross-country comparability.
The chart above shows the full historical trend; the table below lists annual values with year-on-year changes.
Frequently Asked Questions
This indicator tracks canada current account balance (% of gdp) in Canada, published by World Bank. Data covers 1990–2024 at annual frequency using harmonised methodology.
The most recent observation covers 2024. World Bank typically publishes this series with a lag of several months after the reference period. Data is updated annual.
The series peaked at 2.5 % of GDP in 2000 and reached its lowest recorded value of -3.9 in 1993. The latest reading of -0.5 in 2024 represents a year-on-year change of +0.2pp.