Canada: Foreign exchange reserves
* indicates monthly or quarterly data series
The most recent value is 125.99 billion U.S. Dollar as of March 2025, an increase compared to the previous value of 119.6 billion U.S. Dollar. Historically, the average for Canada from January 1960 to March 2025 is 30.44 billion U.S. Dollar. The minimum of 1.68 billion U.S. Dollar was recorded in June 1962, while the maximum of 128.07 billion U.S. Dollar was reached in September 2024.
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* indicates monthly or quarterly data series
- Measure: billion U.S. Dollar
- Source: Bank of Canada
| Recent values | Canada: Foreign exchange reserves, billion currency units |
|---|---|
| 2025 Mar | 125.99 |
| 2025 Feb | 119.6 |
| 2025 Jan | 117.9 |
| 2024 Dec | 121.62 |
| 2024 Nov | 122.61 |
| 2024 Oct | 123.08 |
| 2024 Sep | 128.07 |
| 2024 Aug | 125.78 |
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Definition: Foreign exchange reserves consist of foreign currency, deposits denominated in foreign
currency, Monetary Gold, Special Drawing Rights (SDRs) and Reserve position in the
International Monetary Fund (IMF). Foreign exchange reserves are held by monetary authorities
to finance trade imbalances, check the impact of foreign exchange fluctuations and address
other issues under the purview of the central bank.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Terms of trade | 111.00 | 2021 | percent |
| Trade openness | 67.19 | 2023 | percent |
| Financial openness | 2.299 | 2021 | index points |
| Exports, percent of GDP | 33.37 | 2023 | percent |
| Exports, billion dollars | 714.93 | 2023 | billion U.S. dollars |
| Growth of exports | 5.72 | 2023 | percent |
| Imports, percent of GDP | 33.93 | 2023 | percent |
| Imports, billion dollars | 724.65 | 2023 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | 2.23 | 2023 | percent |
| Foreign Direct Investment, billion dollars | 47.75 | 2023 | billion U.S. dollars |
| Portfolio investment inflows, equities | -35,807.20 | 2023 | million dollars (current) |
| Current account, percent of GDP | -0.73 | 2023 | percent |
| Current account, in dollars | -15.63 | 2023 | billion U.S. dollars |
| Current Account, quarterly | -0.64 | 12/2024 | percent |
| Trade balance, percent of GDP | -0.39 | 2023 | percent |
| Trade balance, in dollars | -9.81 | 2023 | billion U.S. dollars |
| Reserves | 117.55 | 2023 | billion U.S. dollars |
| Remittances, percent of GDP | 0.04 | 2023 | percent |
| Remittances | 847.19 | 2023 | million U.S. dollars |
| Net errors and omissions | 3,904.63 | 2023 | million USD |
| Foreign exchange reserves | 125.99 | 3/2025 | billion |