Total current account debit/expenditure, Debit/Expenditure in Canada
Canada: Total current account debit/expenditure, Debit/Expenditure was 934.88 billion in 2024. ▲ Rising
Total current account debit/expenditure, Debit/Expenditure in Canada, 2005–2024
Source: International Monetary Fund.
Analysis
Canada recorded 934.88 billion for total current account debit/expenditure, debit/expenditure in 2024. That is the highest value across all 20 years on record.
The figure is up 2.1% on the previous year and up 33.0% over ten years.
Over the whole period, total current account debit/expenditure, debit/expenditure in Canada peaked at 934.88 billion in 2024 and was at its lowest, 456.88 billion, in 2005.
Canada ranks 12th of 197 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 20 years of available data.
Total current account debit/expenditure, Debit/Expenditure in Canada, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 456.88 billion | — |
| 2006 | 514.22 billion | +12.5% |
| 2007 | 572.10 billion | +11.3% |
| 2008 | 608.44 billion | +6.4% |
| 2009 | 490.28 billion | -19.4% |
| 2010 | 597.28 billion | +21.8% |
| 2011 | 676.26 billion | +13.2% |
| 2012 | 701.53 billion | +3.7% |
| 2013 | 701.12 billion | -0.1% |
| 2014 | 702.75 billion | +0.2% |
| 2015 | 631.74 billion | -10.1% |
| 2016 | 612.84 billion | -3.0% |
| 2017 | 664.32 billion | +8.4% |
| 2018 | 715.10 billion | +7.6% |
| 2019 | 720.78 billion | +0.8% |
| 2020 | 630.41 billion | -12.5% |
| 2021 | 760.23 billion | +20.6% |
| 2022 | 891.50 billion | +17.3% |
| 2023 | 915.83 billion | +2.7% |
| 2024 | 934.88 billion | +2.1% |
Canada compared with similar countries
- Canada's 934.88 billion is above the median for high income countries, which is 79.74 billion, 11.7× the median. (72 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 528.38 billion | 456.88 billion | 608.44 billion | 5 |
| 2010s | 672.37 billion | 597.28 billion | 720.78 billion | 10 |
| 2020s | 826.57 billion | 630.41 billion | 934.88 billion | 5 |
Countries ranked near Canada
More trade data for Canada
- Commodity Net Export Price Index, Individual Commodities Weighted by 94.31 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 99.31 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 98.72 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 85.94 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 99.4 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 82.86 (2025)
- Imports of low carbon technology products, Percent of GDP 1.64 (2024)
- Imports of low carbon technology products, US dollar (World), per 891.56 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0162 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 23.88 billion (2024)
Frequently asked questions
- What is total current account debit/expenditure, debit/expenditure in Canada?
- Total current account debit/expenditure, debit/expenditure in Canada was 934.88 billion in 2024, according to International Monetary Fund.
- What is the highest total current account debit/expenditure, debit/expenditure recorded in Canada?
- The highest recorded value was 934.88 billion in 2024.
- What is the lowest total current account debit/expenditure, debit/expenditure recorded in Canada?
- The lowest recorded value was 456.88 billion in 2005.
- How does Canada rank for total current account debit/expenditure, debit/expenditure?
- Canada ranks 12th out of 197 countries with data for 2024.
- Is total current account debit/expenditure, debit/expenditure rising or falling in Canada?
- Over the last ten years it is up 33.0%. The long-run trend across the full record is rising.
- Where does this Canada data come from?
- The figures come from International Monetary Fund, published as part of Total current account debit/expenditure, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.