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.

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.

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.

GDP Deflator in Canada increased to 128.20 points in the fourth quarter of 2024 from 127.10 points in the third quarter of 2024. This dataset provides - Canada GDP Deflator - 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.

Leading Economic Index Canada increased 0.40 percent in August of 2021 over the same month in the previous year. This dataset provides the latest reported value for - Canada GDP MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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.

Discover how a surge in Canada's oil exports has driven its trade surplus with the US to heights not seen in years, emphasizing the significance of energy exports to the nation's economy.

GDP from Transport in Canada increased to 101945 CAD Million in December from 101809 CAD Million in November of 2024. This dataset provides - Canada Gdp From Transport- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Discover the economic prowess of Taseko Mines' Gibraltar copper mine, positioned to deliver C$42 billion in economic output by 2044, bolstering the Canadian economy and supporting sustainable energy transitions.

This Voice of the People poll seeks the opinions of Canadians, on predominantly economic, political, and social issues. The questions ask opinions of the state of the economy, business and political leaders and predictions for 2007, and world progress. There are also questions on other topics of interest such as job safety, news media, world issues, environment, Isalmic religion, next generations and industrial disputes. The respondents were also asked questions so that they could be grouped according to geographic and social variables. Topics of interest include: global economy; 2007; job safety; media; environment; Islam; and industrial disputes. Basic demographic variables are also included.

Private Debt to GDP in Canada increased to 269.10 percent in 2023 from 268 percent in 2022. Canada Private Debt to GDP - values, historical data, forecasts and news - updated on March of 2025.

Inflation is generally defined as the continued increase in the average prices of goods and services in a given region. Following the extremely high global inflation experienced in the 1980s and 1990s, global inflation has been relatively stable since the turn of the millennium, usually hovering between three and five percent per year. There was a sharp increase in 2008 due to the global financial crisis now known as the Great Recession, but inflation was fairly stable throughout the 2010s, before the current inflation crisis began in 2021. Recent years Despite the economic impact of the coronavirus pandemic, the global inflation rate fell to 3.26 percent in the pandemic's first year, before rising to 4.66 percent in 2021. This increase came as the impact of supply chain delays began to take more of an effect on consumer prices, before the Russia-Ukraine war exacerbated this further. A series of compounding issues such as rising energy and food prices, fiscal instability in the wake of the pandemic, and consumer insecurity have created a new global recession, and global inflation in 2024 is estimated to have reached 5.76 percent. This is the highest annual increase in inflation since 1996. Venezuela Venezuela is the country with the highest individual inflation rate in the world, forecast at around 200 percent in 2022. While this is figure is over 100 times larger than the global average in most years, it actually marks a decrease in Venezuela's inflation rate, which had peaked at over 65,000 percent in 2018. Between 2016 and 2021, Venezuela experienced hyperinflation due to the government's excessive spending and printing of money in an attempt to curve its already-high inflation rate, and the wave of migrants that left the country resulted in one of the largest refugee crises in recent years. In addition to its economic problems, political instability and foreign sanctions pose further long-term problems for Venezuela. While hyperinflation may be coming to an end, it remains to be seen how much of an impact this will have on the economy, how living standards will change, and how many refugees may return in the coming years.

Households Debt in Canada increased to 100.39 percent of GDP in the fourth quarter of 2024 from 100.32 percent of GDP in the third quarter of 2024. This dataset provides - Canada Households Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

The Gross Domestic Product per capita in Canada was last recorded at 56686.92 US dollars in 2023, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Canada, when adjusted by Purchasing Power Parity is equivalent to 319 percent of the world's average. This dataset provides - Canada GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Canada recorded a Government Debt to GDP of 107.50 percent of the country's Gross Domestic Product in 2023. This dataset provides - Canada Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Spending in Canada increased to 1394466 CAD Million in the fourth quarter of 2024 from 1375466 CAD Million in the third quarter of 2024. This dataset provides - Canada Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Industrial Production in Canada decreased 1.10 percent in December of 2024 over the same month in the previous year. This dataset provides the latest reported value for - Canada Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Money Supply M0 in Canada increased to 251190 CAD Million in January from 243244 CAD Million in December of 2024. This dataset provides - Canada Money Supply M0 - actual values, historical data, forecast, chart, statistics, economic calendar and news.