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Canada Foreign Reserves

Total reserves including gold  FI.RES.TOTL.CD

Canada's foreign reserves was $129.2B in 2025, ranked 24th globally. This represents a 7.8% increase from 2024. Data from World Bank, covering 1960–2025.

$129.2B +$9.4B (+7.8%)
Year 2025 Rank #24 Global Peak $129.2B (2025) Source World Bank

Canada Foreign Reserves (1960–2025)

Overview

Canada's foreign reserves stood at $129.2B in 2025, a rise of +$9.4B from 2024. Based on recent trends, this figure is projected to reach $129.2B by 2025. Canada ranked 24th globally.

Canada's foreign reserves have experienced significant growth over the past 66 years, with the latest value standing at 129,155,937,288.09 as of 2025, placing it 24th globally. Notably, this figure represents an all-time peak, surpassing the all-time trough of 2,012,986,400.00 recorded in 1960. In comparison, Czechia, a fellow developed economy, held a higher reserve value of 135,398,726,584.92. Canada's reserves have been steadily increasing since the 1960s, with the country leveraging its economic stability and trade relationships to maintain a robust foreign reserve position. This trajectory suggests that Canada is well-equipped to navigate potential economic volatility. However, a decline in global trade or a significant shift in exchange rates could alter this trend, potentially leading to a decrease in Canada's foreign reserves and affecting its global financial standing.

Data & projection

Year Foreign Reserves YoY change Rank
2027* trend $143.1B - -
2026* trend $136.1B - -
2025* trend $129.2B - -
2025 $129.2B +$9.4B #24
2024 $119.8B +$2.2B #22
2023 $117.6B +$10.6B #24
2022 $107.0B +$337.3M #25
2021 $106.6B +$16.2B #27
2020 $90.4B +$5.1B #27
2019 $85.3B +$1.4B #26
2018 $83.9B −$2.8B #27
2017 $86.7B +$4.0B #26
2016 $82.7B +$3.0B #26
2015 $79.8B +$5.1B #26
2014 $74.7B +$2.8B #28
2013 $71.9B +$3.4B #28
2012 $68.5B +$2.7B #28
2011 $65.8B +$8.7B #27
Show all years (1960-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +17.2% GDP growth 2.0% C/A balance 0.8%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Canada matched the Export Boom Cycle pattern in 2007. Historically, 71% of countries showing this pattern (546 out of 768) saw foreign reserves improve within 24 months. View full analysis →

Frequently Asked Questions

What is Canada's foreign reserves?▾

Canada's foreign reserves was $129.2B in 2025. Ranked 24th globally. This represents a 7.8% increase from the previous year.

What was the highest foreign reserves in Canada?▾

Canada's foreign reserves peaked at $129.2B in 2025.

What was the lowest foreign reserves in Canada?▾

The lowest foreign reserves in Canada was $2.0B in 1960.

How does Canada rank in foreign reserves?▾

Canada ranks 24th globally in foreign reserves as of 2025.

What is the World Bank indicator code for foreign reserves?▾

The World Bank indicator code is FI.RES.TOTL.CD. Data sourced from World Bank.

What is the projected foreign reserves of Canada in 2025?▾

Canada's foreign reserves is projected to reach $129.2B by 2025 based on trend extrapolation.

What is Canada's foreign reserves in billion?▾

Canada's foreign reserves was approximately 129.16 billion ($129.2B) in 2025.

What is the foreign reserves of Canada in 2025?▾

The foreign reserves of Canada in 2025 was $129.2B. This ranks 24th in the world.

Cite this page

APA
Canada Foreign Reserves. HistorySaid. Retrieved November 14, 2026, from https://historysaid.com/canada/reserves/
BibTeX
@misc{historysaid_canada_reserves, title = {Canada Foreign Reserves}, url = {https://historysaid.com/canada/reserves/}, publisher = {HistorySaid}, year = {2026} }
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