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 -3650.00 -1300.00 CAD Million Jan 2026
Capital Flows 3682.00 -9479.00 CAD Million Dec 2025
Current Account -700.00 -5300.00 CAD Million Dec 2025
Current Account to GDP -1.40 -0.50 percent of GDP Dec 2025
Exports 62480.00 65550.00 CAD Million Jan 2026
External Debt 4795130.00 4692066.00 CAD Million Dec 2025
Foreign Direct Investment 25130.00 17460.00 CAD Million Dec 2025
Imports 66130.00 66850.00 CAD Million Jan 2026
Oil Exports 9944.00 9769.70 CAD Million Jan 2026
Terms of Trade 103.30 101.40 points Jan 2026
Tourist Arrivals 2069120.00 1642110.00 Dec 2025


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