Canada Current Account to GDP

Canada recorded a Current Account deficit of 3.20 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Canada averaged -1.24 Percent from 1980 until 2013, reaching an all time high of 2.70 Percent in 2000 and a record low of -4.20 Percent in 1981. Current Account to GDP in Canada is reported by the Statistics Canada.

   
 
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Canada Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
-3.20 -3.40 2.70 -4.20 1980 - 2013 Percent Yearly
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Canada Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Trade Last Previous Highest Lowest Unit
Balance of Trade -151.90 -960.60 8524.80 -2902.90 CAD Million [+]
Exports 44167.50 42660.50 44538.30 1366.00 CAD Million [+]
Imports 44319.40 43463.20 44319.40 1112.00 CAD Million [+]
Current Account -12386.00 -15644.00 12223.00 -19565.00 CAD Million [+]
Current Account to GDP -3.20 -3.40 2.70 -4.20 Percent [+]
External Debt 602.44 583.58 602.44 15.00 CAD Billion [+]
Terms Of Trade 97.80 97.90 110.30 81.20 Index Points [+]
Foreign Direct Investment 322.00 -658.00 3406.00 -2013.00 CAD Million [+]
Capital Flows -4.00 -2.00 19.00 -672.00 CAD Million [+]
Gold Reserves 2.99 2.99 46.19 2.99 Tonnes [+]
Crude Oil Production 3595.00 3508.00 3595.00 955.00 BBL/D/1K [+]





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