Canada recorded a Current Account deficit of 1.40 percent of the country's Gross Domestic Product in 2025. Current Account to GDP in Canada averaged -1.40 percent of GDP from 1980 until 2025, reaching an all time high of 2.60 percent of GDP in 2000 and a record low of -4.20 percent of GDP in 1981. source: Statistics Canada

Current Account to GDP in Canada is expected to reach -1.20 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Current Account to GDP is projected to trend around -1.10 percent of GDP in 2027 and -0.90 percent of GDP in 2028, according to our econometric models.



Related Last Previous Unit Reference
Balance of Trade 770.00 4200.00 CAD Million Jul 2026
Capital Flows 4390.00 -8774.00 CAD Million Jun 2026
Current Account 8800.00 -8300.00 CAD Million Jun 2026
Current Account to GDP -1.40 -0.50 percent of GDP Dec 2025
Exports 76140.00 77960.00 CAD Million Jul 2026
External Debt 4839196.00 4778430.00 CAD Million Mar 2026
Foreign Direct Investment 25888.00 18797.00 CAD Million Jun 2026
Imports 75370.00 73760.00 CAD Million Jul 2026
Oil Exports 12903.20 13670.80 CAD Million Jul 2026
Terms of Trade 103.20 101.30 points Jul 2026
Tourist Arrivals 3767868.00 2891190.00 Jun 2026


Canada Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.
Actual Previous Highest Lowest Dates Unit Frequency
-1.40 -0.50 2.60 -4.20 1980 - 2025 percent of GDP Yearly