Canada current account to gdp

Canada’s current account to gdp decreased to -1.9 by -9.52% on February 2019 from -2.1 in the previous month. On a year on year basis Canada’s current account to gdp decreased by -575.0%. Canada’s current account to gdp trend is up since the current value of -1.9 is higher than the 12 month moving average of -2.86667. and the 12 month moving average slope is down. Canada’s current account to gdp 5-year percentile is currently at 0.0%.

Canada current account to gdp Chart

Canada current account to gdp

Canada Current account to gdp Statistics

Click here to explore the methodology used for estimating the Canada current account to gdp signals presented in the statistics table below.

Indicator Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
current account to gdp -1.9 -2.1 -0.0952381 -5.75 1.0 -1.0 0 2019-02-28

Canada Financial Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
S&P/TSX Composite TSE 20110 0 0.75 1.04503 53.0961 -0.18 -0.45 4.9 0.02168
Canada ETF EWC 36.75 1 1 1.46073 64.0678 -0.46 -2.23 3.84 0.05137
Canadian Dollar US Dollar (CAD/USD) CADUSD 1.26 -1 -1 -1.6968 36.9602 0.73 2.37 2.32 -0.02377
Canada 10-Year Bond Yield CA.10Y 1.22 -0.5 -0.25 -0.24481 42.0376 -5.79 -14.14 -20.31 -0.55997
Canada 5-Year Bond Yield CA.5Y 0.81 -0.5 -0.5 -0.54129 34.4957 -11.09 -14.74 -14.74 -0.7685
Canada 2-year bond yield CA.2Y 0.48 -1 -1 -0.68963 31.5507 5.49 11.63 47.69 -0.87739
Canada Yield Curve CA.YC 0.75 0 0.75 1.33408 52.2334 -10.71 -24.32 -37.81 -6.34831
Canada Credit Default Swaps CDS.Canada 37.8 -0.5 0.5 1.80113 61.3233 0 0 -0.26 0.10909

Canada Financial News Stream

Canada Macroeconomic Indicators

Indicator Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
balance of trade -1390 462 -4.00866 -0.22902 1.0 1.0 0.45 2021-05-31
bank lending rate 2.45 2.45 0 -0.379747 -1.0 -1.0 0.025 2020-05-30
banks balance sheet 7096120 7053360 0.00606236 0.1325 1.0 1.0 0.916667 2020-09-30
building permits 11107200 11162400 -0.00494517 0.801996 1.0 1.0 1 2021-04-30
business confidence 71.9 64.7 0.111283 0.235395 1.0 1.0 0.933333 2021-06-30
capacity utilization 81.7 79.7 0.0250941 -0.0203837 1.0 -1.0 0.366667 2021-01-31
capital flows -38 -48 -0.208333 1.71429 1.0 -1.0 0.766667 2021-01-01
car registrations 151912 166709 -0.0887595 0.39148 1.0 1.0 0.966667 2021-05-31
central bank balance sheet 476713 476164 0.00115296 0.0134614 -1.0 1.0 0.0166667 2021-05-31
consumer confidence 55.7 51.49 0.0817634 0.263325 1.0 1.0 0.966667 2021-07-31
consumer price index cpi 141 140.3 0.00498931 0.0360029 1.0 1.0 1 2021-05-31
core inflation rate 2.8 2.3 0.217391 3 1.0 1.0 1 2021-05-31
current account 1180 -7261 -1.16251 -1.08033 1.0 1.0 0.216667 2021-01-01
current account to gdp -1.9 -2.1 -0.0952381 -5.75 1.0 -1.0 0 2019-02-28
deposit interest rate 0.16 0.16 0 0.333333 1.0 1.0 0.716667 2021-05-28
exports 49530 50333.4 -0.0159616 0.456542 1.0 1.0 0.983333 2021-05-31
external debt 3036230 3147440 -0.0353335 0.211401 1.0 1.0 0.3 2021-01-31
fiscal expenditure 64021 42170 0.518165 0.683877 1.0 1.0 0.9 2021-03-31
foreign direct investment 19620 2482 6.90492 0.19503 1.0 1.0 0.6 2021-01-01
foreign exchange reserves 89053 89205 -0.00170394 0.020349 1.0 1.0 0.483333 2021-06-30
gdp 1736.43 1716.26 0.0117523 0.185293 1.0 1.0 0 2019-01-31
Real GDP 2077770 2045920 0.0155676 0.015786 1.0 1.0 0.183333 2021-01-01
gdp growth 1.4 2.2 -0.363636 1 1.0 1.0 0.841667 2021-01-01
gdp growth annual 0.3 -3.2 -1.09375 -0.884615 1.0 -1.0 0.266667 2021-01-01
gdp growth annualized 5.6 9.3 -0.397849 1.15385 1.0 1.0 0.85 2021-01-01
gold reserves 1.7 3 -0.433333 -0.5 -1.0 -1.0 0 2015-10-01
government budget -15.9 -1.5 9.6 -27.5 -1.0 -1.0 0 2019-02-28
Government budget -31440 -14370 1.18789 1.12519 -1.0 -1.0 0.833333 2021-03-31
government debt to gdp 117.8 86.8 0.357143 0.732353 1.0 1.0 0 2020-01-31
government revenues 34517 29177 0.183021 0.338387 1.0 1.0 1 2021-03-31
housing index 116 114.4 0.013986 0.113244 1.0 1.0 1 2021-05-31
housing starts 282.07 286.296 -0.0147609 0.330695 1.0 1.0 0.9 2021-06-30
imports 50916.2 49871 0.0209581 0.421919 1.0 1.0 1 2021-05-31
industrial production 1.83 -4.58 -1.39956 -1.32162 1.0 1.0 0.4 2021-03-31
industrial production mom 0.7 -1.5 -1.46667 -1.12963 1.0 1.0 0.5 2021-03-31
inflation cpi 3.6 3.4 0.0588235 -10 1.0 1.0 0.0333333 2021-05-31
interbank rate 0.44 0.44 0 0 1.0 -1.0 0.6 2021-06-01
interest rate 0.25 0.25 0 -0.857143 -1.0 -1.0 0.025 2021-01-20
loans to private sector 456553 470238 -0.0291023 -0.152413 -1.0 -1.0 0.0166667 2021-04-30
manufacturing pmi 56.5 57 -0.00877193 0.182008 1.0 1.0 0.95 2021-06-30
money supply m0 496802 494586 0.00448052 3.77754 1.0 1.0 0.983333 2021-03-31
money supply m1 1500000 1460600 0.0269752 0.264734 1.0 1.0 0.866667 2021-04-30
money supply m2 2199730 2182620 0.0078392 0.14678 1.0 1.0 0.833333 2021-04-30
money supply m3 2944240 2966080 -0.00736325 0.0452577 1.0 1.0 0.233333 2021-04-30
Producer Price Index 113.9 114.4 -0.00437063 0.162245 1.0 1.0 0.983333 2021-06-30
PPI Index 386917 382315 0.0120372 0.0517736 1.0 1.0 0.85 2021-05-31
retail sales MoM -5.7 3.6 -2.58333 -0.770161 -1.0 1.0 0.666667 2021-04-30
retail sales 56.7 24.7 1.29555 -2.78302 1.0 1.0 0.1 2021-04-30
retail sales ex autos -7.2 4.3 -2.67442 -0.652174 -1.0 1.0 0.666667 2021-04-30
unemployment rate 7.8 8.2 -0.0487805 -0.365854 -1.0 -1.0 0.05 2021-06-30
youth unemployment rate 13.6 15.9 -0.144654 -0.50365 -1.0 -1.0 0.0166667 2021-06-30

Canada current account to gdp analysis

Canada’s current account to gdp shows Canada’s exports minus imports, net income from abroad and net current transfers versus Canada’s GDP. Explore MacroVar financial knowledge base structured by professional fund managers and economists.

Canada current account to gdp trend

Canada current account to gdp trend is in an uptrend when the last value is higher than its twelve-month moving average and its twelve-month moving average slope is positive (last twelve-month moving average is higher than the previous month twelve-month moving average) and vice-versa. MacroVar calculates the number of months the Canada current account to gdp has recorded new highs or lows. Canada current account to gdp trend change is assumed when the specific indicator has recorded a 3-month high / low or more.

Canada current account to gdp momentum

Canada current account to gdp momentum is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M) return.

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