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.

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

This table contains estimates of gross domestic product per capita and other per capita macroeconomic indicators.

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) per capita in Canada stood at 53,430 U.S. dollars in 2023. Between 1960 and 2023, the GDP per capita rose by 51,170 U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend.

Actual value and historical data chart for Canada GDP Per Capita Growth Annual Percent

Actual value and historical data chart for Canada GDP Per Capita Us Dollar

Key information about Canada GDP Per Capita

• Canada Gross Domestic Product (GDP) per Capita reached 54,104.301 USD in Jun 2022, compared with 48,179.034 USD in Jun 2021.
• Canada GDP Per Capita data is updated yearly, available from Jun 1971 to Jun 2022, with an average number of 21,530.588 USD.
• The data reached an all-time high of 54,104.301 USD in Jun 2022 and a record low of 4,312.333 in Jun 1971.
• CEIC calculates GDP per Capita from quarterly Nominal GDP and annual Population and converts it into USD. Statistics Canada provides Nominal GDP in local currency and Population. Federal Reserve Board average market exchange rate is used for currency conversions. Mid-Year Population is used in the calculation of GDP per Capita. GDP per Capita is in annual frequency, ending in June of each year.

• In the latest reports, Canada GDP expanded 2.074 % YoY in Dec 2022.
• Canada Nominal GDP reached 513.543 USD bn in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 4.199 % in Dec 2022.
• Gross Savings Rate of Canada was measured at 23.371 % in Dec 2022.

Monthly and long-term Canada GDP Per Capita data: historical series and analyst forecasts curated by FocusEconomics.

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.;;

Actual value and historical data chart for Canada GDP Per Capita Ppp Us Dollar

Canada: GDP per capita, current U.S. dollars: The latest value from 2024 is 54282.62 U.S. dollars, an increase from 54220.33 U.S. dollars in 2023. In comparison, the world average is 19439.19 U.S. dollars, based on data from 176 countries. Historically, the average for Canada from 1960 to 2024 is 23730.87 U.S. dollars. The minimum value, 2246.08 U.S. dollars, was reached in 1961 while the maximum of 56256.8 U.S. dollars was recorded in 2022.

Yearly (annual) dataset of the Canada GDP per Capita, including historical data, latest releases, and long-term trends from 1960-12-31 to 2024-12-31. Available for free download in CSV format.

Graph and download economic data for Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Canada (RGDPCHCAA625NUPN) from 1950 to 2010 about PPP, chained, Canada, per capita, and GDP.

Actual value and historical data chart for Canada GDP Per Capita Constant 2000 Us Dollar

View yearly updates and historical trends for Canada GDP per Capita. Source: World Bank. Track economic data with YCharts analytics.

Actual value and historical data chart for Canada GDP Per Capita Constant Lcu

In 2025, Luxembourg was the country with the highest gross domestic product per capita in the world. Of the 20 listed countries, 13 are in Europe and five are in Asia, alongside the U.S. and Australia. There are no African or Latin American countries among the top 20. Correlation with high living standards While GDP is a useful indicator for measuring the size or strength of an economy, GDP per capita is much more reflective of living standards. For example, when compared to life expectancy or indices such as the Human Development Index or the World Happiness Report, there is a strong overlap - 14 of the 20 countries on this list are also ranked among the 20 happiest countries in 2024, and all 20 have "very high" HDIs. Misleading metrics? GDP per capita figures, however, can be misleading, and to paint a fuller picture of a country's living standards then one must look at multiple metrics. GDP per capita figures can be skewed by inequalities in wealth distribution, and in countries such as those in the Middle East, a relatively large share of the population lives in poverty while a smaller number live affluent lifestyles.

Graph and download economic data for Real GDP per Capita in Canada (DISCONTINUED) (CANRGDPC) from 1960 to 2011 about Canada, per capita, real, and GDP.

Canada CA: GDP: Growth:(GDP) Gross Domestic Productper Capita data was reported at -1.855 % in 2023. This records a decrease from the previous number of 1.956 % for 2022. Canada CA: GDP: Growth:(GDP) Gross Domestic Productper Capita data is updated yearly, averaging 1.848 % from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 5.448 % in 1962 and a record low of -6.062 % in 2020. Canada CA: GDP: Growth:(GDP) Gross Domestic Productper 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 GDP per capita based on constant local currency. GDP per capita is gross domestic product divided by midyear population. 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.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;