Total current account debit/expenditure, Debit/Expenditure in Canada
Canada: Total current account debit/expenditure, Debit/Expenditure was 934.88 billion in 2024. β² Rising
Total current account debit/expenditure, Debit/Expenditure in Canada, 2005β2024
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.
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
- 9 Ireland 1.10 trillion compare
- 10 India 1.04 trillion compare
- 11 Hong Kong Special Administrative Region, People's Republic of China 971.79 billion compare
- 13 Italy 916.10 billion compare
- 14 Switzerland 909.08 billion compare
- 15 Korea, Republic of 818.03 billion compare
More trade data for Canada
- Goods, Debit/Expenditure 573.72 billion (2024)
- Primary income, Debit/Expenditure 183.08 billion (2024)
- Services, Debit/Expenditure 160.06 billion (2024)
- Secondary income, Debit/Expenditure 18.03 billion (2024)
- Total capital account debit/expenditure, Debit/Expenditure 638.85 million (2024)
- Milking, dairy machinery (trade) β Import Value 62,936 1000 USD (2008)
- Nominal effective exchange rate (NEER), Index (2010=100) Advanced 77.47 (2025)
- CO2 emissions embodied in gross exports, Metric ton of COβ equivalent 288.17 (2021)
- CO2 emissions embodied in gross exports, Trade balance on CO2 72.08 (2021)
- CO2 emissions embodied in gross imports, Metric ton of COβ equivalent 216.09 (2021)
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.