The statistic shows the gross domestic product growth rate in Canada from 2020 to 2024, with projections up until 2030. In 2024, Canada’s real GDP growth was around 1.53 percent compared to the previous year.Economy of CanadaAs an indicator for the shape of a country’s economy, there are not many factors as telling as GDP. GDP is the total market value of all final goods and services that have been produced within a country within a given period of time, usually a year. Real GDP figures serve as an even more reliable tool in determining the direction in which a country’s economy may be swaying, as they are adjusted for inflation and reflect real price changes.Canada is one of the largest economies in the world and is counted among the globe’s wealthiest nations. It has a relatively small labor force in comparison to some of the world’s other largest economic powers, amounting to just under 19 million. Unemployment in Canada has remained relatively high as the country has battled against the tide of economic woe that swept across the majority of the world after the 2008 financial meltdown, and although moving in the right direction, there is still some way to go for Canada.Canada is among the leading trading nations worldwide, owing to the absolutely vast supplies of natural resources, which make up a key part of the Canadian trading relationship with the United States, the country with which Canada trades by far the most. In recent years, around three quarters of Canadian exports went to the United States and just over half of its imports came from its neighbor to the south. The relationship is very much mutually beneficial; Canada is the leading foreign energy supplier to the United States.

Economic growth, quarterly in Canada, September, 2025 The most recent value is 0.64 percent as of Q3 2025, an increase compared to the previous value of -0.47 percent. Historically, the average for Canada from Q2 1961 to Q3 2025 is 0.76 percent. The minimum of -11 percent was recorded in Q2 2020, while the maximum of 9.08 percent was reached in Q3 2020. | TheGlobalEconomy.com

Full Year GDP Growth in Canada increased to 1.60 percent in 2024 from 1.25 percent in 2023. This dataset includes a chart with historical data for Canada Full Year Gdp Growth.

Canada: Economic freedom, overall index (0-100): The latest value from 2025 is 76 index points, an increase from 72 index points in 2024. In comparison, the world average is 60 index points, based on data from 174 countries. Historically, the average for Canada from 1995 to 2025 is 76 index points. The minimum value, 68 index points, was reached in 1997 while the maximum of 81 index points was recorded in 2009.

Canada CA: Output Gap of Total Economy data was reported at -0.130 % in 2026. This records an increase from the previous number of -0.730 % for 2025. Canada CA: Output Gap of Total Economy data is updated yearly, averaging -0.057 % from Dec 1985 (Median) to 2026, with 42 observations. The data reached an all-time high of 4.006 % in 2000 and a record low of -4.820 % in 2020. Canada CA: Output Gap of Total Economy data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Canada – Table CA.OECD.EO: GDP: Potential Output and Output Gap: Forecast: OECD Member: Annual. GAP - Output gap, as a percentage of potential GDP OECD calculation, see OECD Economic Outlook database documentation

Graph and download economic data for Economic Policy Uncertainty Index for Canada (CANEPUINDXM) from Jan 1985 to Nov 2025 about academic data, uncertainty, Canada, and indexes.

In the fourth quarter of 2023, ** percent of surveyed leaders felt optimistic about how the Canadian economy would perform over the following 12 months, an slight decrease of *** percentage point from the second quarter of 2022.

Key information about Canada Nominal GDP

• Canada Nominal GDP reached 590.9 USD bn in Sep 2025, compared with 579.7 USD bn in the previous quarter.
• Nominal GDP in Canada is updated quarterly, available from Mar 1957 to Sep 2025, with an average number of 152.6 USD bn.
• The data reached an all-time high of 590.9 USD bn in Sep 2025 and a record low of 8.8 USD bn in Mar 1958.

CEIC converts quarterly de-annualised Nominal GDP into USD. Statistics Canada provides annualised Nominal GDP in local currency. Federal Reserve Board average market exchange rate is used for currency conversions. Nominal GDP prior to Q1 1961 is sourced from the International Monetary Fund.


Related information about Canada Nominal GDP

• In the latest reports, Canada GDP expanded 1.4 % YoY in Sep 2025.
• Its GDP deflator (implicit price deflator) increased 2.5 % in Sep 2025.
• Canada GDP Per Capita reached 54,733.5 USD in Jun 2025.
• Its Gross Savings Rate was measured at 25.0 % in Sep 2025.
• For Nominal GDP contributions, Investment accounted for 26.7 % in Sep 2025.
• Public Consumption accounted for 20.5 % in Sep 2025.
• Private Consumption accounted for 54.5 % in Sep 2025.

GDP from Services in Canada increased to 1745605 CAD Million in September from 1744269 CAD Million in August of 2025. This dataset provides - Canada Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Composite Leading Indicator in Canada increased to 101.35 points in October from 101.14 points in September of 2025. This dataset includes a chart with historical data for Canada Composite Leading Indicator.

Latest economic indicators for Canada including inflation, GDP, unemployment, and more.

GDP from Transport in Canada increased to 102527 CAD Million in September from 101360 CAD Million in August of 2025. This dataset provides - Canada Gdp From Transport- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Historical dataset showing Canada economic growth by year from 1961 to 2018.

The latest data from show economic growth of 1.42 pour cent, which is a decrease from the rate of growth of 1.6 pour cent in the previous quarter and
a decrease compared to the growth rate of 2.44 pour cent in the same quarter last year. The economic growth time series for Canada cover the period...

Wealth and its subcomponent distributions, dollar values and dollar value per household, by household characteristics such as income quintile, age, housing tenure and composition, Canada, regions and provinces, annual 2010 to 2019 and quarterly starting 2020.

Data on the activities of Canadian and foreign multinational enterprises in Canada, for example the number of jobs, assets, operating revenues, international merchandise trade or gross domestic product, as a share of the Canadian economy.

Canada: Financial openness index: The latest value from 2022 is 2.29 index points, unchanged from 2.29 index points in 2021. In comparison, the world average is 0.307 index points, based on data from 174 countries. Historically, the average for Canada from 1970 to 2022 is 2.29 index points. The minimum value, 2.29 index points, was reached in 1970 while the maximum of 2.29 index points was recorded in 1970.

Overview with Chart & Report: Canada Gross Domestic Product (GDP) m/m is the macroeconomic indicator of the national economy state. It reflects the value of all goods and services produced in all sectors of economy on the

Key information about Canada Investment: % of GDP

• Canada Investment accounted for 26.7 % of its Nominal GDP in Sep 2025, compared with a ratio of 22.9 % in the previous quarter.
• Canada investment share of Nominal GDP data is updated quarterly, available from Mar 1961 to Sep 2025, with an average ratio of 17.7 %.
• The data reached an all-time high of 32.9 % in Sep 1966 and a record low of 15.9 % in Jun 1996.

CEIC calculates Investment as % of Nominal GDP from quarterly Nominal Gross Capital Formation and quarterly Nominal GDP. Gross Capital Formation is calculated as the sum of Gross Fixed Capital Formation and Changes in Inventories. Statistics Canada provides Nominal Gross Capital Formation in local currency and Nominal GDP in local currency, based on CSNA 2012/SNA 2008.


Related information about Canada Investment: % of GDP

• In the latest reports, Canada GDP expanded 1.4 % YoY in Sep 2025.
• Canada Nominal GDP reached 590.9 USD bn in Sep 2025.
• Its GDP deflator (implicit price deflator) increased 2.5 % in Sep 2025.
• Canada GDP Per Capita reached 54,733.5 USD in Jun 2025.
• Its Gross Savings Rate was measured at 25.0 % in Sep 2025.

The ratio of national debt to gross domestic product (GDP) of Canada was approximately 110.77 percent in 2024. Between 1980 and 2024, the ratio rose by around 66.18 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The ratio is forecast to decline by about 6.66 percentage points from 2024 to 2030, fluctuating as it trends downward.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.