<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.bankofcanada.ca/terms/"></terms>
<groupDetail>
    <label>Chart 6: Trade imbalances are growing</label>
    <description><![CDATA[Goods and services balance  as a share of world GDP, annual data

Sources: International Monetary Fund and Eurostat via Haver Analytics]]></description>
    <link>https://www.bankofcanada.ca/?p=248293</link>
</groupDetail>
<seriesDetail>
<series id="SPEECH_MACK20250923_C6_S1">
<label>United States</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="SPEECH_MACK20250923_C6_S2">
<label>China</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="SPEECH_MACK20250923_C6_S3">
<label>European Union</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
</seriesDetail>
<observations>
<o d="2000-01-01"><v s="SPEECH_MACK20250923_C6_S1">-1.08</v><v s="SPEECH_MACK20250923_C6_S2">0.08</v><v s="SPEECH_MACK20250923_C6_S3">-0.02</v></o>
<o d="2001-01-01"><v s="SPEECH_MACK20250923_C6_S1">-1.06</v><v s="SPEECH_MACK20250923_C6_S2">0.08</v><v s="SPEECH_MACK20250923_C6_S3">0.12</v></o>
<o d="2002-01-01"><v s="SPEECH_MACK20250923_C6_S1">-1.20</v><v s="SPEECH_MACK20250923_C6_S3">0.26</v><v s="SPEECH_MACK20250923_C6_S2">0.11</v></o>
<o d="2003-01-01"><v s="SPEECH_MACK20250923_C6_S2">0.09</v><v s="SPEECH_MACK20250923_C6_S1">-1.26</v><v s="SPEECH_MACK20250923_C6_S3">0.21</v></o>
<o d="2004-01-01"><v s="SPEECH_MACK20250923_C6_S2">0.12</v><v s="SPEECH_MACK20250923_C6_S1">-1.38</v><v s="SPEECH_MACK20250923_C6_S3">0.22</v></o>
<o d="2005-01-01"><v s="SPEECH_MACK20250923_C6_S2">0.26</v><v s="SPEECH_MACK20250923_C6_S1">-1.49</v><v s="SPEECH_MACK20250923_C6_S3">0.10</v></o>
<o d="2006-01-01"><v s="SPEECH_MACK20250923_C6_S2">0.40</v><v s="SPEECH_MACK20250923_C6_S3">-0.02</v><v s="SPEECH_MACK20250923_C6_S1">-1.47</v></o>
<o d="2007-01-01"><v s="SPEECH_MACK20250923_C6_S2">0.52</v><v s="SPEECH_MACK20250923_C6_S1">-1.21</v><v s="SPEECH_MACK20250923_C6_S3">0.03</v></o>
<o d="2008-01-01"><v s="SPEECH_MACK20250923_C6_S3">-0.08</v><v s="SPEECH_MACK20250923_C6_S1">-1.11</v><v s="SPEECH_MACK20250923_C6_S2">0.54</v></o>
<o d="2009-01-01"><v s="SPEECH_MACK20250923_C6_S3">0.18</v><v s="SPEECH_MACK20250923_C6_S1">-0.65</v><v s="SPEECH_MACK20250923_C6_S2">0.36</v></o>
<o d="2010-01-01"><v s="SPEECH_MACK20250923_C6_S3">0.17</v><v s="SPEECH_MACK20250923_C6_S1">-0.75</v><v s="SPEECH_MACK20250923_C6_S2">0.33</v></o>
<o d="2011-01-01"><v s="SPEECH_MACK20250923_C6_S3">0.19</v><v s="SPEECH_MACK20250923_C6_S1">-0.75</v><v s="SPEECH_MACK20250923_C6_S2">0.25</v></o>
<o d="2012-01-01"><v s="SPEECH_MACK20250923_C6_S3">0.36</v><v s="SPEECH_MACK20250923_C6_S2">0.31</v><v s="SPEECH_MACK20250923_C6_S1">-0.70</v></o>
<o d="2013-01-01"><v s="SPEECH_MACK20250923_C6_S2">0.30</v><v s="SPEECH_MACK20250923_C6_S1">-0.57</v><v s="SPEECH_MACK20250923_C6_S3">0.50</v></o>
<o d="2014-01-01"><v s="SPEECH_MACK20250923_C6_S3">0.53</v><v s="SPEECH_MACK20250923_C6_S1">-0.61</v><v s="SPEECH_MACK20250923_C6_S2">0.28</v></o>
<o d="2015-01-01"><v s="SPEECH_MACK20250923_C6_S3">0.61</v><v s="SPEECH_MACK20250923_C6_S2">0.47</v><v s="SPEECH_MACK20250923_C6_S1">-0.65</v></o>
<o d="2016-01-01"><v s="SPEECH_MACK20250923_C6_S3">0.64</v><v s="SPEECH_MACK20250923_C6_S2">0.33</v><v s="SPEECH_MACK20250923_C6_S1">-0.62</v></o>
<o d="2017-01-01"><v s="SPEECH_MACK20250923_C6_S3">0.63</v><v s="SPEECH_MACK20250923_C6_S2">0.27</v><v s="SPEECH_MACK20250923_C6_S1">-0.63</v></o>
<o d="2018-01-01"><v s="SPEECH_MACK20250923_C6_S1">-0.67</v><v s="SPEECH_MACK20250923_C6_S3">0.57</v><v s="SPEECH_MACK20250923_C6_S2">0.10</v></o>
<o d="2019-01-01"><v s="SPEECH_MACK20250923_C6_S3">0.48</v><v s="SPEECH_MACK20250923_C6_S2">0.15</v><v s="SPEECH_MACK20250923_C6_S1">-0.64</v></o>
<o d="2020-01-01"><v s="SPEECH_MACK20250923_C6_S1">-0.75</v><v s="SPEECH_MACK20250923_C6_S3">0.49</v><v s="SPEECH_MACK20250923_C6_S2">0.42</v></o>
<o d="2021-01-01"><v s="SPEECH_MACK20250923_C6_S2">0.47</v><v s="SPEECH_MACK20250923_C6_S3">0.50</v><v s="SPEECH_MACK20250923_C6_S1">-0.86</v></o>
<o d="2022-01-01"><v s="SPEECH_MACK20250923_C6_S2">0.57</v><v s="SPEECH_MACK20250923_C6_S1">-0.91</v><v s="SPEECH_MACK20250923_C6_S3">0.09</v></o>
<o d="2023-01-01"><v s="SPEECH_MACK20250923_C6_S2">0.36</v><v s="SPEECH_MACK20250923_C6_S1">-0.73</v><v s="SPEECH_MACK20250923_C6_S3">0.42</v></o>
<o d="2024-01-01"><v s="SPEECH_MACK20250923_C6_S2">0.49</v><v s="SPEECH_MACK20250923_C6_S1">-0.82</v><v s="SPEECH_MACK20250923_C6_S3">0.54</v></o>
</observations>
</data>