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Economy > Trade > Balance of payments Stats: compare key data on Canada & Trinidad and Tobago

Definitions

  • Net financial account > BoP, current US$: Net financial account (BoP, current US$). The net financial account shows net acquisition and disposal of financial assets and liabilities. It measures how net lending to or borrowing from nonresidents is financed, and is conceptually equal to the sum of the balances on the current and capital accounts. Data are in current U.S. dollars.
  • Net financial account > BoP, current US$ per capita: Net financial account (BoP, current US$). The net financial account shows net acquisition and disposal of financial assets and liabilities. It measures how net lending to or borrowing from nonresidents is financed, and is conceptually equal to the sum of the balances on the current and capital accounts. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Net financial account > BoP, current US$, % of GDP: Net financial account (BoP, current US$). The net financial account shows net acquisition and disposal of financial assets and liabilities. It measures how net lending to or borrowing from nonresidents is financed, and is conceptually equal to the sum of the balances on the current and capital accounts. Data are in current U.S. dollars. Figures expressed as a proportion of GDP for the same year
  • Net primary income > BoP, current US$: Net primary income (BoP, current US$). Net primary income refers to receipts and payments of employee compensation paid to nonresident workers and investment income (receipts and payments on direct investment, portfolio investment, other investments, and receipts on reserve assets). Data are in current U.S. dollars.
  • Net primary income > BoP, current US$ per million: Net primary income (BoP, current US$). Net primary income refers to receipts and payments of employee compensation paid to nonresident workers and investment income (receipts and payments on direct investment, portfolio investment, other investments, and receipts on reserve assets). Data are in current U.S. dollars. Figures expressed per million population for the same year.
  • Net secondary income > BoP, current US$: Net secondary income (BoP, current US$). Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.
  • Net secondary income > BoP, current US$, % of GDP: Net secondary income (BoP, current US$). Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars. Figures expressed as a proportion of GDP for the same year
  • Personal remittances, received > Current US$ per capita: Personal remittances, received (current US$). Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Portfolio equity, net inflows > BoP, current US$: Portfolio equity, net inflows (BoP, current US$). Portfolio equity includes net inflows from equity securities other than those recorded as direct investment and including shares, stocks, depository receipts (American or global), and direct purchases of shares in local stock markets by foreign investors. Data are in current U.S. dollars.
  • Portfolio equity, net inflows > BoP, current US$, % of GDP: Portfolio equity, net inflows (BoP, current US$). Portfolio equity includes net inflows from equity securities other than those recorded as direct investment and including shares, stocks, depository receipts (American or global), and direct purchases of shares in local stock markets by foreign investors. Data are in current U.S. dollars. Figures expressed as a proportion of GDP for the same year
  • Primary income receipts > BoP, current US$: Primary income receipts (BoP, current US$). Primary income receipts refer to employee compensation paid to resident workers working abroad and investment income (receipts on direct investment, portfolio investment, other investments, and receipts on reserve assets). Data are in current U.S. dollars.
  • Reserves and related items > BoP, current US$, % of GDP: Reserves and related items (BoP, current US$). Reserves and related items is the net change in a country's holdings of international reserves resulting from transactions on the current, capital, and financial accounts. Reserve assets are those external assets that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, and include holdings of monetary gold, special drawing rights (SDRs), reserve position in the International Monetary Fund (IMF), and other reserve assets. Also included are net credit and loans from the IMF (excluding reserve position) and total exceptional financing. Data are in current U.S. dollars. Figures expressed as a proportion of GDP for the same year
  • Secondary income receipts > BoP, current US$: Secondary income receipts (BoP, current US$). Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.
  • Secondary income receipts > BoP, current US$, % of GDP: Secondary income receipts (BoP, current US$). Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars. Figures expressed as a proportion of GDP for the same year
  • Secondary income, other sectors, payments > BoP, current US$: Secondary income, other sectors, payments (BoP, current US$). Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.
  • Insurance and financial services > % of service imports, BoP: Insurance and financial services (% of service imports, BoP). Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents.
  • Net errors and omissions > BoP, current US$: Net errors and omissions (BoP, current US$). Net errors and omissions constitute a residual category needed to ensure that accounts in the balance of payments statement sum to zero. Net errors and omissions are derived as the balance on the financial account minus the balances on the current and capital accounts. Data are in current U.S. dollars.
  • Reserves and related items > BoP, current US$: Reserves and related items (BoP, current US$). Reserves and related items is the net change in a country's holdings of international reserves resulting from transactions on the current, capital, and financial accounts. Reserve assets are those external assets that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, and include holdings of monetary gold, special drawing rights (SDRs), reserve position in the International Monetary Fund (IMF), and other reserve assets. Also included are net credit and loans from the IMF (excluding reserve position) and total exceptional financing. Data are in current U.S. dollars.
  • Foreign direct investment, net inflows > BoP, current US$: Foreign direct investment, net inflows (BoP, current US$). Foreign direct investment are the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net inflows (new investment inflows less disinvestment) in the reporting economy from foreign investors. Data are in current U.S. dollars.
  • Foreign direct investment, net inflows > % of GDP: Foreign direct investment, net inflows (% of GDP). Foreign direct investment are the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net inflows (new investment inflows less disinvestment) in the reporting economy from foreign investors, and is divided by GDP.
  • Net primary income > BoP, current US$, % of GDP: Net primary income (BoP, current US$). Net primary income refers to receipts and payments of employee compensation paid to nonresident workers and investment income (receipts and payments on direct investment, portfolio investment, other investments, and receipts on reserve assets). Data are in current U.S. dollars. Figures expressed as a proportion of GDP for the same year
  • Reserves and related items > BoP, current US$ per capita: Reserves and related items (BoP, current US$). Reserves and related items is the net change in a country's holdings of international reserves resulting from transactions on the current, capital, and financial accounts. Reserve assets are those external assets that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, and include holdings of monetary gold, special drawing rights (SDRs), reserve position in the International Monetary Fund (IMF), and other reserve assets. Also included are net credit and loans from the IMF (excluding reserve position) and total exceptional financing. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Net secondary income > BoP, current US$ per capita: Net secondary income (BoP, current US$). Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Primary income receipts > BoP, current US$ per capita: Primary income receipts (BoP, current US$). Primary income receipts refer to employee compensation paid to resident workers working abroad and investment income (receipts on direct investment, portfolio investment, other investments, and receipts on reserve assets). Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Primary income receipts > BoP, current US$, % of GDP: Primary income receipts (BoP, current US$). Primary income receipts refer to employee compensation paid to resident workers working abroad and investment income (receipts on direct investment, portfolio investment, other investments, and receipts on reserve assets). Data are in current U.S. dollars. Figures expressed as a proportion of GDP for the same year
  • Foreign direct investment, net inflows > BoP, current US$ per capita: Foreign direct investment, net inflows (BoP, current US$). Foreign direct investment are the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net inflows (new investment inflows less disinvestment) in the reporting economy from foreign investors. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Foreign direct investment, net inflows > BoP, current US$, % of GDP: Foreign direct investment, net inflows (BoP, current US$). Foreign direct investment are the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net inflows (new investment inflows less disinvestment) in the reporting economy from foreign investors. Data are in current U.S. dollars. Figures expressed as a proportion of GDP for the same year
  • Personal remittances, received > Current US$: Personal remittances, received (current US$). Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.
  • Secondary income, other sectors, payments > BoP, current US$ per capita: Secondary income, other sectors, payments (BoP, current US$). Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Secondary income, other sectors, payments > BoP, current US$, % of GDP: Secondary income, other sectors, payments (BoP, current US$). Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars. Figures expressed as a proportion of GDP for the same year
  • Net errors and omissions > BoP, current US$ per million: Net errors and omissions (BoP, current US$). Net errors and omissions constitute a residual category needed to ensure that accounts in the balance of payments statement sum to zero. Net errors and omissions are derived as the balance on the financial account minus the balances on the current and capital accounts. Data are in current U.S. dollars. Figures expressed per million population for the same year.
  • Net errors and omissions > BoP, current US$, % of GDP: Net errors and omissions (BoP, current US$). Net errors and omissions constitute a residual category needed to ensure that accounts in the balance of payments statement sum to zero. Net errors and omissions are derived as the balance on the financial account minus the balances on the current and capital accounts. Data are in current U.S. dollars. Figures expressed as a proportion of GDP for the same year
  • Portfolio equity, net inflows > BoP, current US$ per capita: Portfolio equity, net inflows (BoP, current US$). Portfolio equity includes net inflows from equity securities other than those recorded as direct investment and including shares, stocks, depository receipts (American or global), and direct purchases of shares in local stock markets by foreign investors. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Personal remittances, received > Current US$, % of GDP: Personal remittances, received (current US$). Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars. Figures expressed as a proportion of GDP for the same year
  • Secondary income receipts > BoP, current US$ per capita: Secondary income receipts (BoP, current US$). Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars. Figures expressed per capita for the same year.
STAT Canada Trinidad and Tobago HISTORY
Net financial account > BoP, current US$ $-63,949,715,511.39
Ranked 145th.
$1.83 billion
Ranked 33th.

Net financial account > BoP, current US$ per capita $-1,833.39
Ranked 145th.
$1,372.23
Ranked 19th.

Net financial account > BoP, current US$, % of GDP -3.511%
Ranked 77th.
7.79%
Ranked 17th.

Net primary income > BoP, current US$ $-22,473,050,521.50
Ranked 140th. 7 times more than Trinidad and Tobago
$-3,073,933,000.00
Ranked 116th.

Net primary income > BoP, current US$ per million $-644,287,103.68
Ranked 128th.
$-2,305,884,409.21
Ranked 150th. 4 times more than Canada

Net secondary income > BoP, current US$ $-3,547,344,760.27
Ranked 127th.
$33.08 million
Ranked 102nd.

Net secondary income > BoP, current US$, % of GDP -0.195%
Ranked 102nd.
0.141%
Ranked 103th.

Personal remittances, received > Current US$ per capita $34.56
Ranked 104th.
$94.57
Ranked 89th. 3 times more than Canada

Portfolio equity, net inflows > BoP, current US$ $948.84 million
Ranked 38th. 57 times more than Trinidad and Tobago
$16.68 million
Ranked 33th.

Portfolio equity, net inflows > BoP, current US$, % of GDP 0.0521%
Ranked 56th.
0.313%
Ranked 25th. 6 times more than Canada

Primary income receipts > BoP, current US$ $72.73 billion
Ranked 13th. 163 times more than Trinidad and Tobago
$445.49 million
Ranked 93th.

Reserves and related items > BoP, current US$, % of GDP 0.0949%
Ranked 79th.
3.42%
Ranked 26th. 36 times more than Canada

Secondary income receipts > BoP, current US$ $9.76 billion
Ranked 25th. 67 times more than Trinidad and Tobago
$145.17 million
Ranked 136th.

Secondary income receipts > BoP, current US$, % of GDP 0.536%
Ranked 124th.
0.618%
Ranked 132nd. 15% more than Canada

Secondary income, other sectors, payments > BoP, current US$ $7.77 billion
Ranked 20th. 73 times more than Trinidad and Tobago
$106.60 million
Ranked 104th.

Insurance and financial services > % of service imports, BoP 9.96%
Ranked 33th. 2 times more than Trinidad and Tobago
4.79%
Ranked 92nd.

Net errors and omissions > BoP, current US$ $-1,553,312,475.82
Ranked 120th. 45% more than Trinidad and Tobago
$-1,069,291,965.74
Ranked 116th.

Reserves and related items > BoP, current US$ $1.73 billion
Ranked 37th. 2 times more than Trinidad and Tobago
$802.83 million
Ranked 51st.

Foreign direct investment, net inflows > BoP, current US$ $43.09 billion
Ranked 10th. 17 times more than Trinidad and Tobago
$2.53 billion
Ranked 65th.

Foreign direct investment, net inflows > % of GDP 2.37%
Ranked 106th.
10.84%
Ranked 21st. 5 times more than Canada

Net primary income > BoP, current US$, % of GDP -1.234%
Ranked 52nd.
-13.082%
Ranked 144th. 11 times more than Canada

Reserves and related items > BoP, current US$ per capita $49.56
Ranked 64th.
$602.23
Ranked 15th. 12 times more than Canada

Net secondary income > BoP, current US$ per capita $-101.70
Ranked 114th.
$24.82
Ranked 100th.

Primary income receipts > BoP, current US$ per capita $2,085.16
Ranked 26th. 6 times more than Trinidad and Tobago
$334.18
Ranked 56th.

Primary income receipts > BoP, current US$, % of GDP 3.99%
Ranked 39th. 2 times more than Trinidad and Tobago
1.9%
Ranked 71st.

Foreign direct investment, net inflows > BoP, current US$ per capita $1,235.22
Ranked 21st.
$1,889.51
Ranked 14th. 53% more than Canada

Foreign direct investment, net inflows > BoP, current US$, % of GDP 2.37%
Ranked 105th.
10.54%
Ranked 21st. 4 times more than Canada

Personal remittances, received > Current US$ $1.21 billion
Ranked 64th. 10 times more than Trinidad and Tobago
$126.07 million
Ranked 122nd.

Secondary income, other sectors, payments > BoP, current US$ per capita $222.65
Ranked 41st. 3 times more than Trinidad and Tobago
$79.97
Ranked 71st.

Secondary income, other sectors, payments > BoP, current US$, % of GDP 0.426%
Ranked 97th.
0.454%
Ranked 100th. 6% more than Canada

Net errors and omissions > BoP, current US$ per million $-44,532,414.29
Ranked 103th.
$-802,120,173.96
Ranked 149th. 18 times more than Canada

Net errors and omissions > BoP, current US$, % of GDP -0.0853%
Ranked 78th.
-4.551%
Ranked 142nd. 53 times more than Canada

Portfolio equity, net inflows > BoP, current US$ per capita $27.20
Ranked 37th. 2 times more than Trinidad and Tobago
$13.29
Ranked 23th.

Personal remittances, received > Current US$, % of GDP 0.0662%
Ranked 132nd.
0.537%
Ranked 104th. 8 times more than Canada

Secondary income receipts > BoP, current US$ per capita $279.79
Ranked 71st. 3 times more than Trinidad and Tobago
$108.90
Ranked 108th.

SOURCES: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank World Development Indicators.; International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank World Development Indicators. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank World Development Indicators. GDP figures sourced from World Bank national accounts data, and OECD National Accounts data files.; World Bank staff estimates. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; International Monetary Fund, Balance of Payments database, and World Bank, International Debt Statistics. World Bank World Development Indicators.; International Monetary Fund, Balance of Payments database, and World Bank, International Debt Statistics. World Bank World Development Indicators. GDP figures sourced from World Bank national accounts data, and OECD National Accounts data files.; International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and Development and official national sources. World Bank World Development Indicators.; International Monetary Fund, International Financial Statistics and Balance of Payments databases, World Bank, International Debt Statistics, and World Bank and OECD GDP estimates. World Bank World Development Indicators.; International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and Development and official national sources. World Bank World Development Indicators. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and Development and official national sources. World Bank World Development Indicators. GDP figures sourced from World Bank national accounts data, and OECD National Accounts data files.; World Bank staff estimates; International Monetary Fund, Balance of Payments database, and World Bank, International Debt Statistics. World Bank World Development Indicators. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank staff estimates. GDP figures sourced from World Bank national accounts data, and OECD National Accounts data files.

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