Stay apprised of Canada’s economy and benefits – 3 editions per year

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.

Key information about Canada Real GDP Growth

• The Gross Domestic Product (GDP) in Canada expanded 2.1 % YoY in Dec 2022, following a growth of 3.8 % in the previous quarter.
• Real GDP Growth YoY data in Canada is updated quarterly, available from Mar 1962 to Dec 2022, with an average rate of 3.1 %.
• The data reached an all-time high of 12.1 % in Jun 2021 and a record low of -12.2 % in Jun 2020.

• In the latest reports, Nominal GDP of Canada reached 513.5 USD bn in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 4.2 % in Dec 2022.
• GDP Per Capita in Canada reached 54,104.3 USD in Jun 2022.
• Its Gross Savings Rate was measured at 23.4 % in Dec 2022.
• For Nominal GDP contributions, Investment accounted for 23.1 % in Dec 2022.
• Public Consumption accounted for 21.0 % in Dec 2022.
• Private Consumption accounted for 55.6 % in Dec 2022.

While the value of agriculture to the Canadian economy is well established, its extensive indirect and induced value through upstream and downstream industries is not. Input-Output (I/O) analyzes are a common tool that measure the direct, indirect and induced impacts of an industry to the entire economy. We reviewed I/O analyzes that used economic multipliers to estimate the total contribution of agricultural industries to Canada's economy. Reports underwent data extraction for output, Gross Domestic Product (GDP), jobs, labor income and taxes generated. We found that when indirect and induced economic impacts are considered, the value of agricultural industries is much greater than traditional valuations indicate. Beef and canola were the two largest industries in terms of GDP and jobs, with direct impacts constituting less than half of their total impacts. Recent and thorough I/O analyzes are available for only a limited number of agricultural industries. There is a need for I/O analyzes covering key agricultural industries at the regional and national level using uniform methodology and recent data and multipliers. This information is essential to gain a systemic understanding of the true economic value of agriculture and to inform policies and investment that maximizes the potential of agricultural industries.

Articles in the Economic Insights series highlight issues related to the growth and development of Canada's economy. In some cases, these articles synthesize the results of previous research carried out by Statistics Canada; in others, they provide contextual information that accompanies the release of new data. The Economic Insights series features concise examinations of economic events, trends, and important structural changes in the economy.

The Gross Domestic Product per capita in Canada was last recorded at 44401.72 US dollars in 2024. The GDP per Capita in Canada is equivalent to 352 percent of the world's average. This dataset provides - Canada GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Canada CA: Exports: All Services: Telecommunications, Computer, And Information Services data was reported at 27,765.000 CAD mn in 2023. This records an increase from the previous number of 27,712.000 CAD mn for 2022. Canada CA: Exports: All Services: Telecommunications, Computer, And Information Services data is updated yearly, averaging 6,338.200 CAD mn from Dec 1981 (Median) to 2023, with 43 observations. The data reached an all-time high of 27,765.000 CAD mn in 2023 and a record low of 235.900 CAD mn in 1981. Canada CA: Exports: All Services: Telecommunications, Computer, And Information Services 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.TISP: Trade in Services: Exports: by Services: OECD Member: Annual. MSITS 2010 recommends that the BPM6 component telecommunications, computer, and information services be further disaggregated into three sub-components: telecommunications services, computer services and information services.Computer services and telecommunications services are defined in terms of the nature of the service, not the method of delivery. To illustrate, provision of business services, such as accounting services, is included under the appropriate sub-component of other business services even if these services are entirely delivered by computers or the Internet. Only amounts payable for transmission should be included under telecommunications services. Downloaded content is included in the appropriate services items.Telecommunications services covers the broadcast or transmission of sound, images, data, or other information by telephone, telex, telegram, radio and television cable transmission, radio and television satellite, electronic mail, facsimile, etc., and includes business network services, teleconferencing and support services. It does not include the value of the information transported. Also included are mobile telecommunications services, Internet backbone services and online access services, including the provision of access to the Internet. Excluded are installation services for telephone network equipment (included in construction), and database services (included in information services).Computer services consists of hardware- and software-related services and dataprocessing services. Some forms of software are classified under goods. EBOPS 2010 proposes a complementary grouping, computer software transactions, covering all transactions relating to computer software, be it services or goods transactions; and recommends the breakdown of computer services into computer software and other computer services.

Stay apprised of Canada’s economy and benefits – 3 editions per year

Comprehensive dataset of 109 Government economic programs in Canada as of July, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.

Activities of foreign majority-owned affiliates, as a share of the Canadian economy. Users have the option of selecting information related to the economic and financial activity of foreign majority-owned affiliates and all other firms.

This resource provides a concise summary of selected Canadian economic events, as well as international and financial market developments by calendar month. It is intended to provide contextual information only to support users of the economic data published by Statistics Canada. In identifying major events or developments, Statistics Canada is not suggesting that these have a material impact on the published economic data in a particular reference month.

The Labour Force Survey (LFS) is a monthly survey of Canadian households carried out by Statistics Canada. It was developed after the Second World War to satisfy a need for reliable and timely data on the labour market due to the massive labour market changes involved in the transition from a war to peace-time economy. The objectives of the LFS have been to divide the working-age population into three mutually exclusive labour force status categories (employed, unemployed, and not in the labour force) and to provide descriptive and explanatory data on each of these groups. With the release of the survey results only 10 days after the completion of data collection, the LFS estimates are the first of the major monthly economic data series to be released. The LFS is the source of Canada's official unemployment rates, including the rates used by Employment and Social Development Canada in the calculation of Employment Insurance (EI) eligibility and benefit criteria. Data from the survey also provide information on major labour market trends, such as shifts in employment across industrial sectors, hours worked and labour force participation. The LFS also provides employment estimates by industry, occupation, public and private sector, hours worked and much more, all cross-classifiable by a variety of demographic characteristics. Estimates are produced for Canada, the provinces, the territories and a large number of sub-provincial regions. For employees, data on wage rates, union status, job permanency and establishment size are also produced.

The statistic shows the unemployment rate in Canada from 2019 to 2023, with projections up until 2029. In 2023, the unemployment rate in Canada was at around 5.41 percent. Canada’s economy Three-quarter of Canada’s workforce is employed in the services sector, with the other two sectors, agriculture and industry, accounting for the rest of Canada’s employment. The country’s main export and import partner is the United States. Although both export and import figures have increased over the last few years, the trade balance of goods in Canada – i.e. the value of Canada’s exports minus the value of its imports – has slumped dramatically since the economic crisis hit in 2008. In 2009, for the first time in a decade, Canada reported a trade deficit, and the figures are still struggling to recover. Additionally, Canada’s public debt has been increasing since the crisis. Although a few key figures are still not back to the usual level, Canada and its economy seem to have more or less bounced back from the crisis; as can be seen above, the unemployment rate is gradually decreasing, for example, and gross domestic product / GDP in Canada has been increasing steadily. Canada is thus among the countries with the largest proportion of global gross domestic product / GDP based on Purchasing Power Parity. Canada is among the leading trading nations worldwide, and an important part of its economy is the export of oil. The country hosts significant oil resources, in fact, its capacity is the third-largest after those of Saudi Arabia and Venezuela.

Canada Foreign Direct Investment: Information & Cultural Industries data was reported at 28,947.000 CAD mn in 2023. This records an increase from the previous number of 24,830.000 CAD mn for 2022. Canada Foreign Direct Investment: Information & Cultural Industries data is updated yearly, averaging 8,022.000 CAD mn from Dec 1999 (Median) to 2023, with 25 observations. The data reached an all-time high of 28,947.000 CAD mn in 2023 and a record low of 1,705.000 CAD mn in 2011. Canada Foreign Direct Investment: Information & Cultural Industries data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.O001: Foreign Direct Investment by Industry.

This report assesses the economic impact of Canada’s copyright-based industries. It presents current data on the contributions of the copyright-based industries to the national economy between 2009 and 2019 in three thematic sections: gross domestic product (GDP); employment; and international trade.

This resource provides a concise summary of selected Canadian economic events, as well as international and financial market developments by calendar month. It is intended to provide contextual information only to support users of the economic data published by Statistics Canada. In identifying major events or developments, Statistics Canada is not suggesting that these have a material impact on the published economic data in a particular reference month.

Unemployment Rate in Canada increased to 7 percent in May from 6.90 percent in April of 2025. This dataset provides - Canada Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Labour Force Survey provides estimates of employment and unemployment which are among the timeliest and important measures of performance of the Canadian economy. The LFS estimates are the first of the major monthly economic data series to be released. The Canadian Labour Force Survey was developed following the Second World War to satisfy a need for reliable and timely data on the labour market. Information was urgently required on the massive labour market changes involved in the transition from a war to a peace-time economy. The main objective of the LFS is to divide the working-age population into three mutually exclusive classifications - employed, unemployed, and not in the labour force - and to provide descriptive and explanatory data on each of these. LFS data are used to produce the well-known unemployment rate as well as other standard labour market indicators such as the employment rate and the participation rate. The LFS also provides employment estimates by industry, occupation, public and private sector, hours worked and much more, all cross-classifiable by a variety of demographic characteristics. Estimates are produced for Canada, the provinces, the territories and a large number of sub-provincial regions. For employees, wage rates, union status, job permanency and workplace size are also produced. These data are used by different levels of government for evaluation and planning of employment programs in Canada. Regional unemployment rates are used by Employment and Social Development Canada to determine eligibility, level and duration of insurance benefits for persons living within a particular employment insurance region. The data are also used by labour market analysts, economists, consultants, planners, forecasters and academics in both the private and public sector.This public use microdata file contains non-aggregated data for a wide variety of variables collected from the Labour Force Survey (LFS). It contains both personal characteristics for all individuals in the household and detailed labour force characteristics for household members 15 years of age and over. The personal characteristics include age, sex, marital status, educational attainment, and family characteristics. Detailed labour force characteristics include employment information such as class of worker, usual and actual hours of work, employee hourly and weekly wages, industry and occupation of current or most recent job, public and private sector, union status, paid or unpaid overtime hours, job permanency, hours of work lost, job tenure, and unemployment information such as duration of unemployment, methods of job search and type of job sought. Labour force characteristics are also available for students during the school year and during the summer months as well as school attendance whether full or part-time and the type of institution.LFS revisions: Labour force surveys are revised on a periodic basis. The most recent revisions took place in 2025. As of January 2025, LFS microdata and estimates have been adjusted to reflect population counts from the 2021 Census, with revisions going back to 2011. Additionally, several changes were made to key variables on the PUMFs: Survey weights (FINALWT) have been updated to use 2021 Census population control totals. Sub-provincial geography (CMA) has been updated to the 2021 Standard Geographical Classification (SGC) boundaries. All industry data (NAICS_21) was revised to use the latest standard, North American Industry Classification System (NAICS) 2022. Coding enhancements were applied to improve longitudinal consistency of detailed National Occupational Classification data (NOC_10 and NOC_43). Data were revised to use the gender of person instead of sex (GENDER).

Key information about Canada Nominal GDP Growth

• Canada Nominal GDP Growth was reported at 4.311 % in Sep 2024.
• This records a decrease from the previous number of 5.115 % for Jun 2024.
• Canada Nominal GDP Growth data is updated quarterly, averaging 6.510 % from Mar 1958 to Sep 2024, with 267 observations.
• The data reached an all-time high of 23.418 % in Jun 2021 and a record low of -12.831 % in Jun 2020.
• Canada Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly: Seasonally Adjusted.

United States Exports: Services: Canada: TCI: Information data was reported at 545.000 USD mn in 2016. This records a decrease from the previous number of 606.000 USD mn for 2015. United States Exports: Services: Canada: TCI: Information data is updated yearly, averaging 606.000 USD mn from Dec 2006 (Median) to 2016, with 11 observations. The data reached an all-time high of 663.000 USD mn in 2007 and a record low of 488.000 USD mn in 2011. United States Exports: Services: Canada: TCI: Information data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.JA022: Trade Statistics: Services: Canada.