Canada
Current account balance
The current account balance summarizes trade income and cross-border transfers. As a share of GDP, it helps compare external surpluses and deficits across economies.
Current account balance - Canada
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The reading right now
As of January 2024, Current account balance for Canada stood at -0.49%. That is up 0.21 percentage points from the prior year. Over the trailing five years, the series has averaged -0.94%, ranging from a low of -2.01% in January 2020 to a high of -0.02% in January 2021. The current reading sits 1.3 percentage points above its trailing ten-year mean of -1.79%.
Computed from the observation series on this page. Numbers update when the underlying provider revises the data.