Exports of services as a part of balance of payment rose 3.02% to USD 159 bil in Canada in 2024, according to the National Statistical Office.
Historically, exports of services as a part of balance of payment in Canada reached an all time high of USD 159 bil in 2024 and an all time low of USD 0.992 bil in 1961. When compared to Canada's main peers, exports of services as a part of balance of payment in Australia amounted to USD 83.4 bil, USD 63.0 bil in Mexico, USD 649 bil in United Kingdom and USD 1,107 bil in USA in 2024.
Canada has been ranked 13th within the group of 103 countries we follow in terms of exports of services as a part of balance of payment, 5 places above the position seen 10 years ago.
Exports of Services (BoP, USD) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Australia | USD bil | 69.4 | 70.9 | 50.3 | 45.9 | 53.1 | ||||||||||||||||
Belgium | USD bil | 124 | 125 | 118 | 136 | 139 | ||||||||||||||||
Belize | USD bil | 0.620 | 0.677 | 0.426 | 0.621 | 0.851 | ||||||||||||||||
Canada | USD bil | 105 | 115 | 98.5 | 121 | 141 | ||||||||||||||||
China | USD bil | 234 | 244 | 229 | 339 | 372 | ||||||||||||||||
France | USD bil | 302 | 299 | 250 | 316 | 360 | ||||||||||||||||
Germany | USD bil | 364 | 366 | 334 | 412 | 441 | ||||||||||||||||
Guatemala | USD bil | 3.71 | 3.68 | 2.59 | 2.88 | 3.89 | ||||||||||||||||
Honduras | USD bil | 2.82 | 2.98 | 1.98 | 2.84 | 3.36 | ||||||||||||||||
Indonesia | USD bil | 31.2 | 31.6 | 15.0 | 14.0 | 23.2 | ||||||||||||||||
Ireland | USD bil | 249 | 282 | 333 | 391 | 391 | ... | |||||||||||||||
Japan | USD bil | 194 | 209 | 164 | 171 | 170 | ||||||||||||||||
Malaysia | USD bil | 40.2 | 41.1 | 22.2 | 21.2 | 31.9 | ||||||||||||||||
Mexico | USD bil | 40.2 | 44.2 | 28.5 | 42.4 | 52.2 | ||||||||||||||||
New Zealand | USD bil | 18.3 | 18.2 | 11.9 | 9.83 | 11.3 | ||||||||||||||||
Papua New Guinea | USD bil | 0.299 | 0.291 | 0.098 | 0.190 | 0.247 | ... | |||||||||||||||
USA | USD bil | 866 | 891 | 726 | 805 | 949 | ||||||||||||||||
United Kingdom | USD bil | 434 | 432 | 398 | 460 | 509 |