The statistic shows the gross domestic product (GDP) in Canada from 1987 to 2024, with projections up until 2030. In 2024, the gross domestic product in Canada was around 2.41 trillion U.S. dollars. The economy of Canada Canada is the second biggest country in the world after Russia and the biggest country in North America. Despite its large size, Canada has a relatively small population of just around 35.9 million people. However, the total population in Canada is estimated to grow to around 37.5 million inhabitants in 2020. The standard of living in the country is pretty high, the life expectancy as of 2013 in Canada ranks as one of the highest in the world. In addition, the country ranks number eight on the Human Development Index (HDI) worldwide. All key factors point to a stable and sustainable economy. Not only is Canada’s population increasing, but the economy has been slowly recovering after the global financial crisis in 2008. The unemployment rate in Canada in 2010 was at approximately 8 percent (263696). Today, the unemployment rate in Canada is estimated to be around 6.8 percent, and it is estimated to decrease further. During the financial crisis in 2008, Canada's inflation rate amounted to around 2.4 percent. By 2013, the inflation rate was at less than 1 percent in comparison to the previous year. Canada is considered to be one of the world’s wealthiest countries. By value of private financial wealth, Canada ranked seventh along with Italy. In addition, its gross domestic product per capita in 2014 was among the largest in the world and during the same year, its gross domestic product increased by over 2.5 percent in comparison to the previous year. Canada’s economic growth has been a result of its political stability and economic reforms following the global financial crisis. In the period between 2009 and 2010, Canada was among the leading countries with the highest political stability in the world.

The Gross Domestic Product (GDP) in Canada was worth 2241.25 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Canada represents 2.11 percent of the world economy. This dataset provides - Canada GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Canada GDP Counterfactual Tracker: % Change from Pre-Crisis Trend data was reported at -2.576 % in 30 Jan 2022. This records a decrease from the previous number of -1.588 % for 23 Jan 2022. Canada GDP Counterfactual Tracker: % Change from Pre-Crisis Trend data is updated weekly, averaging -4.192 % from May 2020 (Median) to 30 Jan 2022, with 91 observations. The data reached an all-time high of -0.729 % in 14 Nov 2021 and a record low of -13.371 % in 24 May 2020. Canada GDP Counterfactual Tracker: % Change from Pre-Crisis Trend 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.WT: GDP Growth Tracker: Weekly.

The Economic and Fiscal Snapshot 2020 lays out the steps Canada is taking to stabilize the economy and protect the health and economic well-being of Canadians and businesses across the country during the public health and economic crisis linked to the COVID-19 pandemic.

The Gross Domestic Product (GDP) in Canada expanded 0.60 percent in the third quarter of 2025 over the previous quarter. This dataset provides - Canada GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

The statistic shows the gross domestic product (GDP) per capita in Canada from 1987 to 2024, with projections up until 2030. In 2024, the gross domestic product per capita in Canada was around 54,473.19 U.S. dollars. Canada's economy GDP per capita is a measurement often used to determine economic growth and potential increases in productivity and is calculated by taking the GDP and dividing it by the total population in the country. In 2014, Canada had one of the largest GDP per capita values in the world, a value that has grown continuously since 2010 after experiencing a slight downturn due to the financial crisis of 2008. Canada is seen as one of the premier countries in the world, particularly due to its strong economy and healthy international relations, most notably with the United States. Canada and the United States have political, social and economical similarities that further strengthen their relationship. The United States was and continues to be Canada’s primary and most important trade partner and vice versa. Canada’s economy is partly supported by its exports, most notably crude oil, which was the country’s largest export category. Canada was also one of the world’s leading oil exporters in 2013, exporting more than the United States. Additionally, Canada was also a major exporter of goods such as motor vehicles and mechanical appliances, which subsequently ranked the country as one of the world’s top export countries in 2013.

The Gross Domestic Product (GDP) in Canada expanded 1.40 percent in the third quarter of 2025 over the same quarter of the previous year. This dataset provides - Canada GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The 'Canada Per Capita Income' dataset offers a comprehensive collection of data showcasing the average income per person in Canada across numerous years. Its primary objective is to furnish valuable insights into the economic well-being and financial advancement of the Canadian populace. It serves as an invaluable resource for economists, researchers, policymakers, and analysts, facilitating the examination of income distribution trends, evaluation of the effects of economic policies, and the identification of wealth disparities.

The dataset draws its information from dependable and authoritative sources, primarily the official statistical agencies of the Canadian government, notably Statistics Canada. These agencies routinely gather and disseminate data on various economic indicators, including per capita income, through a variety of means such as surveys, censuses, and economic reports.

The motivation behind the creation of this dataset stems from the critical importance of per capita income as a fundamental metric for assessing a nation's standard of living and economic progress. By presenting historical data, this dataset empowers users to monitor Canada's economic journey, discern patterns of growth or decline, and delve into the factors influencing shifts in individual income levels. A thorough understanding of this dataset is crucial in shaping evidence-based policies that promote fair economic opportunities and overall prosperity for all members of the Canadian population.

Canada: Exports of goods and services as percent of GDP: The latest value from 2024 is 32.46 percent, a decline from 33.35 percent in 2023. In comparison, the world average is 44.58 percent, based on data from 134 countries. Historically, the average for Canada from 1961 to 2024 is 28.68 percent. The minimum value, 17.57 percent, was reached in 1962 while the maximum of 44.21 percent was recorded in 2000.

Productivity in Canada increased to 102.23 points in the first quarter of 2025 from 102.06 points in the fourth quarter of 2024. This dataset provides - Canada Productivity - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Datasets extracted from the Fall Economic Statement 2017.

A tabular summary of British Columbia's Fall 2020 Economic & Fiscal Update (Q2) - Fiscal Plan Update 2020/21 - 2022/23, 2020/21 Economic Outlook and Financial Forecast & Three Month Results July - September 2020

The Economic and Fiscal Snapshot 2020 lays out the steps Canada is taking to stabilize the economy and protect the health and economic well-being of Canadians and businesses across the country during the public health and economic crisis linked to the COVID-19 pandemic.

Description: This dataset provides information on the per capita income in Canada over various years. It includes data on the annual income earned per person in the country, which is useful for understanding economic trends and assessing changes in income levels over time.

Features:

Year: The specific year for which the per capita income data is recorded. Per Capita Income: The average income earned per person in Canada for the given year, typically measured in Canadian dollars. Usage:

Trend Analysis: Examine how per capita income has changed over the years and identify trends in economic growth or decline. Economic Research: Use the data to study the impact of economic policies, inflation, or other factors on individual income levels. Regional Comparisons: Compare per capita income data across different years to analyze economic disparities or improvements. Source: The data is sourced from national statistical agencies, economic reports, or governmental databases that track income and economic indicators.

Notes:

Ensure to verify the data for consistency and accuracy. Historical data may be adjusted for inflation to reflect real income changes.

In 2023, the growth rate of the real gross domestic product in Canada amounted to 1.25 percent. Between 1961 and 2023, the figure dropped by 1.91 percentage points, though the decline followed an uneven course rather than a steady trajectory.

Canada: Trade balance as percent of GDP: The latest value from 2024 is -0.26 percent, a decline from 0.07 percent in 2023. In comparison, the world average is -3.07 percent, based on data from 134 countries. Historically, the average for Canada from 1961 to 2024 is 0.79 percent. The minimum value, -2.46 percent, was reached in 2015 while the maximum of 5.74 percent was recorded in 2001.

Claims on central government (% of GDP) of Canada shot up by 40.01% from 11.0 % in 2007 to 15.4 % in 2008. Since the 0.66% decline in 2005, claims on central government (% of GDP) slumped by 8.69% in 2008. Claims on central government (IFS line 52AN or 32AN) include loans to central government institutions net of deposits.

Consumption growth in Canada, June, 2025 The most recent value is 5.78 percent as of Q2 2025, a decline compared to the previous value of 5.87 percent. Historically, the average for Canada from Q1 1962 to Q2 2025 is 6.91 percent. The minimum of -14.95 percent was recorded in Q2 2020, while the maximum of 17.85 percent was reached in Q3 1974. | TheGlobalEconomy.com

Canada Agriculture Production: Rye: Fall data was reported at 416,292.000 Metric Ton in 2024. This records an increase from the previous number of 353,711.000 Metric Ton for 2023. Canada Agriculture Production: Rye: Fall data is updated yearly, averaging 280,500.000 Metric Ton from Dec 1908 (Median) to 2024, with 117 observations. The data reached an all-time high of 834,300.000 Metric Ton in 1982 and a record low of 0.000 Metric Ton in 1922. Canada Agriculture Production: Rye: Fall data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.RI001: Agriculture Production.