🇨🇦 Canada External balance on goods and services

Canada External balance on goods and services was -5,886,692,599 in 2024, down 501.7% from 2023, according to World Bank data. The 10-year average is -19,621,020,533. Historical data available from 1961 to 2024 (64 data points). The all-time high was $46.39B in 2005.

Source: World Bank World Development Indicators • 1961202464 data pointsEconomy & Growth

Latest Value
-5,886,692,599
2024
Year-on-Year
-501.7%
vs 2023
10-Year Average
-19,621,020,533
20152024
Range
High: $46.39B (2005)
Low: -38,367,633,198 (2015)

Canada External balance on goods and services (current US$)1961 to 2024

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About this Indicator

The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Historical Data Table

YearValue
2024-5,886,692,599
2023$1.47B
2022$12.46B
2021$2.09B
2020-36,581,964,914
2019-25,564,644,017
2018-33,628,018,589
2017-36,155,870,206
2016-36,038,362,646
2015-38,367,633,198

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