Canada: Exports of goods and services (% of GDP)
In , Canada's Exports of goods and services (% of GDP) was 32.44.
That's down 2.7% from 2023, the highest value since .
The global average for this indicator in 2024 was 44.26 . Canada ranks #93 globally out of 160 reporting countries. Within North America, it ranks #2 of 3.
Source: World Bank Open Data (NE.EXP.GNFS.ZS) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 36.86
- Trough
- 28.52
- 1-year change
- -2.7%
- 5-year change
- +0.3%
- +0.1% / yr
- 10-year change
- +2.2%
- +0.2% / yr
Historical Data — Last 10 Years
| Year | Exports of goods and services (% of GDP) |
|---|---|
| 32.4438 | |
| 33.3499 | |
| 33.9432 | |
| 31.1751 | |
| 29.4736 | |
| 32.3527 | |
| 32.3254 | |
| 31.4544 | |
| 31.5026 | |
| 31.8500 |
About Exports of goods and services (% of GDP)
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: NE.EXP.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Canada's Exports of goods and services (% of GDP) in 2024?
- In 2024, Canada's Exports of goods and services (% of GDP) was 32.44, according to World Bank Open Data.
- Is Canada's Exports of goods and services (% of GDP) rising or falling?
- Canada's Exports of goods and services (% of GDP) fell 2.7% from 2023 to 2024.
- How does Canada rank globally on Exports of goods and services (% of GDP)?
- In 2024, Canada ranked #93 out of 160 countries reporting Exports of goods and services (% of GDP).
- How does Canada's Exports of goods and services (% of GDP) compare to the world average?
- The global average for Exports of goods and services (% of GDP) in 2024 was 44.26, so Canada is below the world average. Within North America, it ranks #2 of 3.
- What is Exports of goods and services (% of GDP) and how is it measured?
- Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (NE.EXP.GNFS.ZS), CC BY 4.0.