In 2023, the real GDP of Canada was around 1.89 trillion Canadian dollars at 2017 constant prices. Compared to the previous year, Canada's GDP increased. Constant prices adjust for the effect of inflation on the underlying goods and services used to calculate GDP, thereby enabling the GDP figure to reflect actual changes in output.

The Gross Domestic Product (GDP) in Canada was worth 2142.47 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Canada represents 2.03 percent of the world economy. This dataset provides - Canada GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Constant Prices in Canada increased to 2444414 CAD Million in the fourth quarter of 2024 from 2428706 CAD Million in the third quarter of 2024. This dataset provides - Canada GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gross Domestic Product (GDP) at basic prices, by various North American Industry Classification System (NAICS) aggregates, by Industry, volume measures, (dollars x 1,000,000), monthly, 5 most recent time periods.

Graph and download economic data for National Accounts: GDP by Expenditure: Current Prices: Gross Domestic Product: Total for Canada (CANGDPNADSMEI) from 1961 to 2022 about Canada, GDP, and price.

Canada CA: GDP: Real: GNI per Capita data was reported at 57,691.421 CAD in 2023. This records a decrease from the previous number of 59,961.100 CAD for 2022. Canada CA: GDP: Real: GNI per Capita data is updated yearly, averaging 40,253.761 CAD from Dec 1970 (Median) to 2023, with 54 observations. The data reached an all-time high of 59,961.100 CAD in 2022 and a record low of 25,697.334 CAD in 1970. Canada CA: GDP: Real: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Gross Domestic Product: Real. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant local currency.;World Bank national accounts data, and OECD National Accounts data files.;;

This graph shows the real Gross Domestic Product (GDP) of Canada in 2023, by province. In 2023, Ontario added about 852.7 billion chained (2017) Canadian dollars of value to the real GDP of Canada.

The Gross Domestic Product (GDP) in Canada expanded 0.60 percent in the fourth quarter of 2024 over the previous quarter. This dataset provides - Canada GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Quarterly expenditure-based, gross domestic product, Canada, in chained (2017) and current dollars.

The statistic shows the gross domestic product (GDP) in Canada from 1987 to 2023, with projections up until 2029. In 2023, the gross domestic product in Canada was around 2.14 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.

This statistic shows the Gross Domestic Product (GDP) of Canada in February 2024, distinguished by major industry. In February 2024, the construction industry of Canada contributed about 160.97 billion Canadian dollars to the total Canadian GDP.

Canada GDP: saar: Net Domestic Product (ND) data was reported at 1,407,640.000 CAD mn in Jun 2012. This records a decrease from the previous number of 1,407,740.000 CAD mn for Mar 2012. Canada GDP: saar: Net Domestic Product (ND) data is updated quarterly, averaging 420,732.000 CAD mn from Mar 1961 (Median) to Jun 2012, with 206 observations. The data reached an all-time high of 1,407,740.000 CAD mn in Mar 2012 and a record low of 31,600.000 CAD mn in Mar 1961. Canada GDP: saar: Net Domestic Product (ND) data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.A063: CSNA 1997: GDP: by Income: saar. Annualized quarterly data

GDP from Utilities in Canada increased to 46282 CAD Million in December from 44205 CAD Million in November of 2024. This dataset provides - Canada Gdp From Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

This statistic shows a comparison of gross domestic product (GDP) of Canada and the United States from 2019 to 2029 in billion U.S. dollars. In 2023, GDP of Canada amounted to about 2.89 trillion U.S. dollars and GDP of the United States amounted to about 27.72 trillion U.S. dollars. Thus, aggregated GDP for North America came to about 30.61 trillion U.S. dollars that year.

Annual Provincial and Territorial Gross Domestic Product (GDP) at basic prices, by North American Industry Classification aggregates, in chained and current dollars, growth rate.

Canada GDP: Exports: Goods and Services: Goods data was reported at 119,459.000 CAD mn in Jun 2012. This records an increase from the previous number of 117,117.000 CAD mn for Mar 2012. Canada GDP: Exports: Goods and Services: Goods data is updated quarterly, averaging 32,181.500 CAD mn from Mar 1961 (Median) to Jun 2012, with 206 observations. The data reached an all-time high of 129,797.000 CAD mn in Jun 2008 and a record low of 1,357.000 CAD mn in Mar 1961. Canada GDP: Exports: Goods and Services: Goods data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.A055: CSNA 1997: GDP: by Expenditure: Current Price.

Gross National Product in Canada increased to 3088000 CAD Million in the fourth quarter of 2024 from 3043592 CAD Million in the third quarter of 2024. This dataset provides - Canada Gross National Product - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This table contains 11 series, with data for years 1926 - 1960 (not all combinations necessarily have data for all years), and was last released on 2009-01-21. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), Income-based estimates (11 items: Gross domestic product (GDP) at market prices; Net domestic income at factor cost; Wages; salaries and supplementary labour income; Corporation profits before taxes ...).

The statistic shows the gross domestic product growth rate in Canada from 2019 to 2023, with projections up until 2029. In 2023, Canada’s real GDP growth was around 1.25 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.

Canada GDP: CL 2017p: Ontario: Final Domestic Demand data was reported at 911,581.000 CAD mn in 2023. This records an increase from the previous number of 904,895.000 CAD mn for 2022. Canada GDP: CL 2017p: Ontario: Final Domestic Demand data is updated yearly, averaging 573,283.000 CAD mn from Dec 1981 (Median) to 2023, with 43 observations. The data reached an all-time high of 911,581.000 CAD mn in 2023 and a record low of 299,302.000 CAD mn in 1982. Canada GDP: CL 2017p: Ontario: Final Domestic Demand data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.A016: CSMA: GDP by Expenditure: Chain Linked 2017 Price: by Province and Territory.