The current account deficit in Canada decreased to 1.90 percent of GDP n 2020 from 2.10 percent in 2019. source: Statistics Canada
Current Account to GDP in Canada averaged -1.48 percent from 1980 until 2020, reaching an all time high of 2.70 percent in 2000 and a record low of -4.20 percent 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 July of 2021.
Current Account to GDP in Canada is expected to reach -0.60 percent of GDP by the end of 2021, 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 -1.50 percent of GDP in 2022 and -1.80 percent of GDP in 2023, according to our econometric models.