Canada - Current Account Balance 1971
-1.04%
−1.60% from 1970
Canada's current account balance was -1.04% in 1971, decreased +1.60% from 0.56% in 1970. This was the 6th highest globally.
Global Ranking - 1971▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Barbados | -22.73% | 18.2% |
| 2nd | Dominican Republic | -7.76% | -13.2% |
| 3rd | Israel | -7.73% | 7.2% |
| 4th | South Africa | -6.36% | -4.6% |
| 5th | Colombia | -5.81% | -42.6% |
| 6th | Canada | -1.04% | -286.3% |
| 7th | United States | -0.08% | -134.5% |
| 8th | Germany | 0.04% | - |
| 9th | Malta | 0.46% | - |
| 10th | Sweden | 0.88% | 232.0% |
| 11th | Netherlands | 1.17% | 132.5% |
| 12th | Italy | 1.29% | 80.2% |
| 13th | Haiti | 1.37% | - |
| 14th | United Kingdom | 1.83% | 21.6% |
| 15th | Saudi Arabia | 13.52% | - |
FAQ
What was Canada's current account balance in 1971?▾
Canada's current account balance in 1971 was -1.04%. This ranked 6th globally.
How did Canada's current account balance change in 1971?▾
Canada's current account balance decreased by 286.3% in 1971 compared to 1970.
Which country had the highest current account balance in 1971?▾
Saudi Arabia had the highest current account balance in 1971 at 13.52%.
What is the current account balance of Canada in 1971?▾
The current account balance of Canada in 1971 was -1.04%. This ranked 6th globally.
How does 1971 compare to 1970 for Canada's current account balance?▾
Canada's current account balance went from 0.56% in 1970 to -1.04% in 1971, a 286.3% decrease.
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