This statistic shows a comparison of gross domestic product (GDP) of Canada and the United States from 2020 to 2030 in billion U.S. dollars. In 2024, GDP of Canada amounted to about 2.24 trillion U.S. dollars and GDP of the United States amounted to about 29.18 trillion U.S. dollars. Thus, aggregated GDP for North America came to about 31.43 trillion U.S. dollars that year.

Canada: Gross Domestic Product, billions of U.S. dollars: The latest value from 2024 is 2241.25 billion U.S. dollars, an increase from 2173.34 billion U.S. dollars in 2023. In comparison, the world average is 612.35 billion U.S. dollars, based on data from 176 countries. Historically, the average for Canada from 1960 to 2024 is 779.26 billion U.S. dollars. The minimum value, 40.56 billion U.S. dollars, was reached in 1960 while the maximum of 2241.25 billion U.S. dollars was recorded in 2024.

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.

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 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.

The statistic shows the gross domestic product (GDP) per capita in Canada from 1987 to 2023, with projections up until 2029. In 2023, the gross domestic product per capita in Canada was around 53,607.4 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.

Canada CA: GDP: USD: Gross National Income per Capita: Atlas Method data was reported at 54,040.000 USD in 2023. This records an increase from the previous number of 53,300.000 USD for 2022. Canada CA: GDP: USD: Gross National Income per Capita: Atlas Method data is updated yearly, averaging 20,870.000 USD from Dec 1962 (Median) to 2023, with 62 observations. The data reached an all-time high of 54,040.000 USD in 2023 and a record low of 2,380.000 USD in 1962. Canada CA: GDP: USD: Gross National Income per Capita: Atlas Method 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: Nominal. GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI 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. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

Canada: GDP per capita, current U.S. dollars: The latest value from 2023 is 53431.19 U.S. dollars, a decline from 55509.39 U.S. dollars in 2022. In comparison, the world average is 19958.31 U.S. dollars, based on data from 185 countries. Historically, the average for Canada from 1960 to 2023 is 23223.4 U.S. dollars. The minimum value, 2246.08 U.S. dollars, was reached in 1961 while the maximum of 55509.39 U.S. dollars was recorded in 2022.

GDP per capita (constant 2015 US$) in Canada was reported at 44402 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Canada - GDP per capita (constant 2000 US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Canada: GDP per capita, Purchasing Power Parity: The latest value from 2024 is 56692 U.S. dollars, a decline from 57517 U.S. dollars in 2023. In comparison, the world average is 27291 U.S. dollars, based on data from 177 countries. Historically, the average for Canada from 1990 to 2024 is 50483 U.S. dollars. The minimum value, 39023 U.S. dollars, was reached in 1992 while the maximum of 58321 U.S. dollars was recorded in 2022.

Graph and download economic data for Gross Domestic Product for Canada (MKTGDPCAA646NWDB) from 1960 to 2024 about Canada and GDP.

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

Canada CA: GDP: USD: Exports of Goods and Services data was reported at 714.928 USD bn in 2023. This records a decrease from the previous number of 731.555 USD bn for 2022. Canada CA: GDP: USD: Exports of Goods and Services data is updated yearly, averaging 155.724 USD bn from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 731.555 USD bn in 2022 and a record low of 7.216 USD bn in 1961. Canada CA: GDP: USD: Exports of Goods and Services 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: Nominal. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;

Graph and download economic data for Constant GDP per capita for Canada (NYGDPPCAPKDCAN) from 1960 to 2024 about Canada, per capita, real, and GDP.

Canada gdp growth rate for 2023 was 1.25%, a 2.57% decline from 2022.

<ul style='margin-top:20px;'>

<li>Canada gdp growth rate for 2022 was <strong>3.82%</strong>, a <strong>1.47% decline</strong> from 2021.</li>
<li>Canada gdp growth rate for 2021 was <strong>5.29%</strong>, a <strong>10.33% increase</strong> from 2020.</li>
<li>Canada gdp growth rate for 2020 was <strong>-5.04%</strong>, a <strong>6.95% decline</strong> from 2019.</li>
</ul>Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

Canada: Gross Domestic Product, billions of U.S. dollars: Pour cet indicateur, La Banque mondiale fournit des données pour la Canada de 1960 à 2024. La valeur moyenne pour Canada pendant cette période était de 779.26 billion U.S. dollars avec un minimum de 40.56 billion U.S. dollars en 1960 et un maximum de 2241.25 billion U.S. dollars en 2024.

GDP per capita (current US$) in Canada was reported at 54283 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Canada - GDP per capita - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

This statistic shows the per capita gross domestic product (GDP) of Canada from 1960 to 2022. In 2022, the per capita GDP of Canada was 55,522.4 U.S. dollars.

Real GDP of Canada improved by 1.53% from 1,805,692,180,595 US dollars in 2023 to 1,833,284,621,684 US dollars in 2024. Since the 5.04% slump in 2020, real GDP surged by 13.79% in 2024. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Canada CA: GDP: Growth: GNI per Capita data was reported at -3.785 % in 2023. This records a decrease from the previous number of 2.983 % for 2022. Canada CA: GDP: Growth: GNI per Capita data is updated yearly, averaging 1.722 % from Dec 1971 (Median) to 2023, with 53 observations. The data reached an all-time high of 8.596 % in 2021 and a record low of -7.215 % in 2009. Canada CA: GDP: Growth: 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: Annual Growth Rate. Annual percentage growth rate of GNI per capita based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;