Canada - Current Account Balance 1978
-3.73%
−0.43% from 1977
Canada's current account balance was -3.73% in 1978, decreased +0.43% from -3.30% in 1977. This was the 49th highest globally.
Global Ranking - 1978▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Gambia, The | -27.35% | - |
| 2nd | Myanmar | -23.30% | -100.2% |
| 3rd | Eswatini | -20.76% | -643.5% |
| 4th | Congo, Republic of | -20.55% | - |
| 5th | Botswana | -19.57% | -227.9% |
| 6th | Cyprus | -19.19% | -34.8% |
| 7th | Togo | -18.67% | -134.9% |
| 8th | Bahrain | -17.06% | -4.7% |
| 9th | Samoa | -16.73% | -69.0% |
| 10th | Algeria | -13.43% | -21.1% |
| 11th | Kenya | -12.43% | -1,620.9% |
| 12th | Mali | -11.94% | -2,420.7% |
| 13th | Sierra Leone | -11.63% | -63.0% |
| 14th | Mauritius | -11.38% | -21.9% |
| 15th | Niger | -11.33% | -53.0% |
| 16th | Jordan | -11.08% | -1,309.6% |
| 17th | Costa Rica | -10.31% | -40.4% |
| 18th | Nigeria | -10.28% | -264.5% |
| 19th | Zambia | -9.98% | - |
| 20th | Morocco | -9.91% | 40.0% |
| 21st | Benin | -9.73% | -28.7% |
| 22nd | Mauritania | -9.72% | 36.5% |
| 23rd | El Salvador | -8.91% | -801.6% |
| 24th | Bolivia, Plurinational State of | -8.82% | -141.5% |
| 25th | Tunisia | -7.69% | 30.6% |
| 26th | Senegal | -7.17% | -214.5% |
| 27th | Chile | -6.65% | -72.1% |
| 28th | Dominican Republic | -6.59% | -135.0% |
| 29th | Honduras | -6.57% | 3.0% |
| 30th | Panama | -6.40% | -12.8% |
| 31st | Egypt, Arab Republic of | -6.24% | -10.5% |
| 32nd | Singapore | -6.02% | -35.0% |
| 33rd | Ecuador | -5.90% | -89.4% |
| 34th | Guyana | -5.83% | 73.1% |
| 35th | Israel | -5.70% | -192.3% |
| 36th | Tanzania | -5.03% | -499.4% |
| 37th | Thailand | -4.80% | 13.5% |
| 38th | Seychelles | -4.66% | -60.6% |
| 39th | Haiti | -4.58% | -15.7% |
| 40th | Norway | -4.55% | 62.6% |
| 41st | Guatemala | -4.46% | -591.8% |
| 42nd | Paraguay | -4.41% | -57.5% |
| 43rd | Barbados | -4.28% | 55.4% |
| 44th | Philippines | -4.25% | -25.5% |
| 45th | Chad | -4.17% | -36.7% |
| 46th | Pakistan | -4.01% | 16.9% |
| 47th | Cameroon | -4.00% | -46.8% |
| 48th | Central African Republic | -3.76% | -1.1% |
| 49th | Canada | -3.73% | -13.2% |
| 50th | Brazil | -3.49% | -22.0% |
| 51st | Madagascar | -2.97% | -363.1% |
| 52nd | Bangladesh | -2.89% | 0.7% |
| 53rd | Saudi Arabia | -2.76% | -117.1% |
| 54th | Uruguay | -2.59% | - |
| 55th | Antigua and Barbuda | -2.50% | 79.8% |
| 56th | Denmark | -2.49% | 28.1% |
| 57th | Sri Lanka | -2.40% | -169.3% |
| 58th | Dominica | -2.28% | 30.4% |
| 59th | Greece | -2.19% | 27.4% |
| 60th | Korea | -2.05% | -6,786.4% |
| 61st | Portugal | -1.97% | 55.8% |
| 62nd | Türkiye | -1.92% | 64.1% |
| 63rd | Oman | -1.81% | -117.9% |
| 64th | Tonga | -1.72% | 71.3% |
| 65th | Papua New Guinea | -1.65% | -123.7% |
| 66th | Nepal | -1.60% | -1,307.5% |
| 67th | Peru | -1.54% | 75.7% |
| 68th | Sudan | -1.34% | -13.5% |
| 69th | Ghana | -1.25% | 49.8% |
| 70th | Nicaragua | -1.17% | 85.7% |
| 71st | Jamaica | -0.82% | -110.0% |
| 72nd | Syrian Arab Republic | -0.69% | 68.3% |
| 73rd | United States | -0.67% | 7.7% |
| 74th | Netherlands | -0.58% | -152.2% |
| 75th | Sweden | -0.18% | 91.9% |
| 76th | Iran, Islamic Republic of | 0.13% | -96.2% |
| 77th | Bahamas, The | 0.29% | -92.9% |
| 78th | India | 0.50% | -71.1% |
| 79th | United Kingdom | 0.64% | 1,068.3% |
| 80th | Iceland | 0.77% | 136.3% |
| 81st | Malaysia | 0.78% | -77.2% |
| 82nd | Spain | 0.78% | 142.0% |
| 83rd | Colombia | 1.11% | -42.5% |
| 84th | Grenada | 1.19% | -35.1% |
| 85th | Zimbabwe | 1.24% | 4,761.6% |
| 86th | Germany | 1.25% | 92.7% |
| 87th | France | 1.41% | 1,512.4% |
| 88th | Trinidad and Tobago | 1.53% | -73.8% |
| 89th | Finland | 1.88% | 734.5% |
| 90th | Italy | 1.92% | 111.1% |
| 91st | Switzerland | 2.03% | -22.9% |
| 92nd | Argentina | 2.08% | 5.1% |
| 93rd | South Africa | 2.13% | 303.7% |
| 94th | Solomon Islands | 2.99% | -51.7% |
| 95th | Gabon | 3.09% | - |
| 96th | Lesotho | 3.19% | 167.1% |
| 97th | Libya | 3.33% | -65.4% |
| 98th | St. Vincent and the Grenadines | 4.44% | - |
| 99th | Maldives | 6.57% | - |
| 100th | Malta | 9.15% | 43.1% |
| 101st | São Tomé and Principe | 10.30% | -37.4% |
| 102nd | Kuwait | 39.54% | 22.6% |
FAQ
What was Canada's current account balance in 1978?▾
Canada's current account balance in 1978 was -3.73%. This ranked 49th globally.
How did Canada's current account balance change in 1978?▾
Canada's current account balance decreased by 13.2% in 1978 compared to 1977.
Which country had the highest current account balance in 1978?▾
Kuwait had the highest current account balance in 1978 at 39.54%.
What is the current account balance of Canada in 1978?▾
The current account balance of Canada in 1978 was -3.73%. This ranked 49th globally.
How does 1978 compare to 1977 for Canada's current account balance?▾
Canada's current account balance went from -3.30% in 1977 to -3.73% in 1978, a 13.2% decrease.
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