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Canada - Current Account Balance 1974

Name: Canada Current Account Balance 1974
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Current account balance as % of GDP · World Bank

-2.84% −1.28% from 1973 Global rank: 14th

Canada's current account balance was -2.84% in 1974, decreased +1.28% from -1.56% in 1973. This was the 14th highest globally.

Global Ranking - 1974▾

Current Account Balance by Country - 1974
Rank	Country	Value	YoY
1st	Singapore	-19.56%	-39.4%
2nd	Barbados	-18.49%	4.5%
3rd	Israel	-9.10%	-106.3%
4th	Honduras	-8.36%	-
5th	Dominican Republic	-8.24%	-99.9%
6th	Malaysia	-5.67%	-
7th	Benin	-5.28%	-
8th	Italy	-4.14%	-156.0%
9th	Haiti	-3.71%	-1,566.5%
10th	United Kingdom	-3.61%	-188.5%
11th	South Africa	-3.47%	-347.2%
12th	Senegal	-3.12%	-
13th	Colombia	-2.84%	-436.1%
14th	Canada	-2.84%	-82.0%
15th	Niger	-2.71%	-
16th	Madagascar	-2.07%	-
17th	Türkiye	-1.58%	-
18th	Sweden	-0.80%	-132.8%
19th	United States	0.11%	-79.3%
20th	Jordan	0.29%	-78.4%
21st	Malta	1.38%	-84.3%
22nd	Germany	2.03%	94.4%
23rd	Netherlands	3.48%	-22.4%
24th	São Tomé and Principe	9.95%	-
25th	Oman	10.89%	-
26th	Eswatini	16.09%	-
27th	Togo	16.65%	-
28th	Saudi Arabia	50.70%	200.8%

FAQ

What was Canada's current account balance in 1974?▾

Canada's current account balance in 1974 was -2.84%. This ranked 14th globally.

How did Canada's current account balance change in 1974?▾

Canada's current account balance decreased by 82.0% in 1974 compared to 1973.

Which country had the highest current account balance in 1974?▾

Saudi Arabia had the highest current account balance in 1974 at 50.70%.

What is the current account balance of Canada in 1974?▾

The current account balance of Canada in 1974 was -2.84%. This ranked 14th globally.

How does 1974 compare to 1973 for Canada's current account balance?▾

Canada's current account balance went from -1.56% in 1973 to -2.84% in 1974, a 82.0% decrease.

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