Canada Current Account to GDP  Forecast


Current Account to GDP in Canada is expected to be -2.90 percent by the end of this quarter, 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 -1.90 percent in 2020, according to our econometric models.


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Canada Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -3413 -1200 -1100 -750 -1876 -2800
Exports 43630 47300 47500 47200 42887 43000
Imports 47043 48500 48600 46500 46716 46800
Current Account -16319 -15198 -14504 -14241 -14001 -11494
Current Account to GDP -3.3 -2.9 -2.8 -2.8 -2.82 -1.9
External Debt 616 620 616 615 614 628
Terms of Trade 90.4 88.45 90.47 90.46 90.45 94.74
Foreign Direct Investment 223 6678 6454 6530 6913 7331
Capital Flows 0 -5 -11.24 -11.43 -11.47 -8
Gold Reserves 0 2 0.91 1.31 1.76 4
Crude Oil Production 3729 3630 3625 3614 3609 3552
Weapons Sales 127 149 155 160 166 198
Terrorism Index 2.52 2.3 2.19 2.14 2.09 2.3
Tourist Arrivals 4531101 2676600 2657200 3164000 3135600 3023700