Canada recorded a Current Account deficit of 0.40 percent of the country's Gross Domestic Product in 2022. source: Statistics Canada
Current Account to GDP in Canada averaged -1.43 percent of GDP from 1980 until 2022, reaching an all time high of 2.70 percent of GDP in 2000 and a record low of -4.20 percent of GDP in 1981. This page provides - Canada Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Current Account to GDP - values, historical data and charts - was last updated on August of 2023.
Current Account to GDP in Canada is expected to reach -0.70 percent of GDP by the end of 2023, 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 -1.00 percent of GDP in 2024 and -0.90 percent of GDP in 2025, according to our econometric models.