Canada current account


Canada current account: -5400 (20%)
Last Update: March 31, 2024

Canada current account closed down -5400 as of March 31, 2024 from -4500 from the previous month and 1640 from last year.


Canada current account Analytics & Data




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Canada current account

DateValues
2024-03-31 -5400
2023-12-31 -4500
2023-09-30 -4740
2023-06-30 -7320
2023-03-31 -3170
2022-12-31 -8053
2022-09-30 -9815
2022-06-30 4832
2022-03-31 923
2021-12-31 -317
2021-09-30 1256
2021-06-30 -364
2021-03-31 1640
2020-12-31 -4491
2020-09-30 -9928
2020-06-30 -8626
2020-03-31 -13216
2019-12-31 -9307
2019-09-30 -11465
2019-06-30 -8915
2019-03-31 -17318
2018-12-31 -15744
2018-09-30 -9949
2018-06-30 -14462

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Canada current account Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
current accountca.currentaccount-5400.0-450020-429DownDown82024-03-31

Canada current account Factors

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Canada current account Historical Data

The MacroVar database offers free access to historical data for the Canada current account, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Canada current account data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Canada current account

Canada's current account refers to the balance of trade, net income, and net transfer payments that Canada has with the rest of the world. It is an important indicator of the country's economic health and its level of international trade. A positive current account balance indicates that Canada is exporting more goods and services than it is importing, while a negative balance suggests the opposite. The current account also includes income from foreign investments and remittances from abroad, as well as payments made to foreign investors and transfers sent overseas. Overall, a healthy current account balance is crucial for Canada's economic stability and growth in the global market.