Services balance (credit less debit), Net (credits less debits) in Canada
Canada: Services balance (credit less debit), Net (credits less debits) was -986.06 million in 2024. β Volatile
Services balance (credit less debit), Net (credits less debits) in Canada, 2005β2024
Source: International Monetary Fund.
Analysis
The most recent figure for services balance (credit less debit), net (credits less debits) in Canada is -986.06 million, measured in 2024.
Compared with earlier readings it is down 152.0% on the previous year and up 95.4% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Canada peaked at 1.90 billion in 2023 and was at its lowest, -22.08 billion, in 2011.
Canada ranks 137th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -10.30 billion | -14.43 billion | -4.91 billion | 5 |
| 2010s | -19.14 billion | -22.08 billion | -11.37 billion | 10 |
| 2020s | -2.04 billion | -6.22 billion | 1.90 billion | 5 |
Countries ranked near Canada
- 134 Burkina Faso -828.81 million compare
- 135 West Bank and Gaza -876.23 million compare
- 136 Mozambique -965.60 million compare
- 138 Niger -988.23 million compare
- 139 Yemen -992.20 million compare
- 140 Benin -1.08 billion compare
More financial sector data for Canada
- Net domestic credit (current LCU), per capita 85,674 current LCU per person (2008)
- Net domestic credit (current LCU), per unit of GDP 1.83 current LCU per US$ of GDP (2008)
- Net domestic credit (current LCU), annual growth rate 20.77 % change on previous year (2008)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 71.85 billion SDR (2025)
- Reserves excluding gold 91.73 billion SDR (2025)
- Total reserves (gold at market value) 91.73 billion SDR (2025)
- Total reserves (gold at national valuation) 91.73 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 2,202 SDR per person (2025)
Frequently asked questions
- What is services balance (credit less debit), net (credits less debits) in Canada?
- Services balance (credit less debit), net (credits less debits) in Canada was -986.06 million in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Canada?
- The highest recorded value was 1.90 billion in 2023.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Canada?
- The lowest recorded value was -22.08 billion in 2011.
- How does Canada rank for services balance (credit less debit), net (credits less debits)?
- Canada ranks 137th out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Canada?
- Over the last ten years it is up 95.4%. The long-run trend across the full record is volatile.
- Where does this Canada data come from?
- The figures come from International Monetary Fund, published as part of Services balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 20 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.