Exports of Services (BoP, USD) in Canada

Exports of services as a part of balance of payment reached 88.1 USD bil in 2017 in Canada, according to the National Statistical Office. This is 6.30 % more than in the previous year.

Historically, exports of services as a part of balance of payment in Canada reached an all time high of 90.4 USD bil in 2013 and an all time low of 0.992 USD bil in 1961. When compared to Canada's main peers, exports of services as a part of balance of payment in Australia amounted to 65.2 USD bil, 27.6 USD bil in Mexico, 360 USD bil in United Kingdom and 798 USD bil in USA in 2017.

Canada has been ranked 20th within the group of 156 countries we follow in terms of exports of services as a part of balance of payment, 2 places behind the position seen 10 years ago.

Services (previously non-factor services) refer to the economic output of intangible commodities that may be produced, transferred and consumed at the same time.

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