The Gross Domestic Product (GDP) in Canada expanded 0.60 percent in the third quarter of 2025 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.

View quarterly updates and historical trends for Canada Real GDP QoQ. Source: Statistics Canada. Track economic data with YCharts analytics.

Gross Domestic Product (GDP) at basic prices, by North American Industry Classification System (NAICS) aggregates, by Industry, volume measures, quarterly average.

Graph and download economic data for Real Gross Domestic Product for Canada (NGDPRSAXDCCAQ) from Q1 1961 to Q1 2025 about Canada, real, and GDP.

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.

CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. Statistics Canada provides Nominal GDP in local currency. Nominal GDP prior to Q1 1962 is sourced from the International Monetary Fund.

Key information about Canada Real GDP Growth

• The Gross Domestic Product (GDP) in Canada expanded 1.4 % YoY in Sep 2025, following a growth of 1.6 % in the previous quarter.
• Real GDP Growth YoY data in Canada is updated quarterly, available from Mar 1962 to Sep 2025, with an average rate of 3.0 %.
• The data reached an all-time high of 12.9 % in Jun 2021 and a record low of -12.2 % in Jun 2020.

CEIC calculates Real GDP Growth from quarterly Real GDP. Statistics Canada provides Real GDP in local currency, at chain linked 2017 prices.


Related information about Canada Real GDP Growth

• In the latest reports, Nominal GDP of Canada reached 590.9 USD bn in Sep 2025.
• Its GDP deflator (implicit price deflator) increased 2.5 % in Sep 2025.
• GDP Per Capita in Canada reached 54,733.5 USD in Jun 2025.
• Its Gross Savings Rate was measured at 25.0 % in Sep 2025.
• For Nominal GDP contributions, Investment accounted for 26.7 % in Sep 2025.
• Public Consumption accounted for 20.5 % in Sep 2025.
• Private Consumption accounted for 54.5 % in Sep 2025.

The Gross Domestic Product (GDP) in Canada expanded 1.40 percent in the third quarter of 2025 over the same quarter of the previous year. This dataset provides - Canada GDP Annual 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 2020 to 2024, with projections up until 2030. In 2024, Canada’s real GDP growth was around 1.53 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 Nowcast: saar: YoY: Current Quarter data was reported at 1.943 % in 12 May 2025. This records an increase from the previous number of 1.918 % for 05 May 2025. Canada GDP Nowcast: saar: YoY: Current Quarter data is updated weekly, averaging 2.477 % from Jan 2019 (Median) to 12 May 2025, with 332 observations. The data reached an all-time high of 9.495 % in 23 Aug 2021 and a record low of -8.893 % in 24 Aug 2020. Canada GDP Nowcast: saar: YoY: Current Quarter data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s Canada – Table CA.CEIC.NC: CEIC Nowcast: Gross Domestic Product (GDP).

Quarterly income-based gross domestic product, Canada.

View quarterly updates and historical trends for Canada GDP. Source: Statistics Canada. Track economic data with YCharts analytics.

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for Canada (NAEXKP03CAQ661S) from Q1 1961 to Q3 2023 about Canada, consumption expenditures, consumption, government, real, and GDP.

GDP: Government Consumption Expenditure data was reported at 172,249.000 CAD mn in Dec 2024. This records an increase from the previous number of 164,731.000 CAD mn for Sep 2024. GDP: Government Consumption Expenditure data is updated quarterly, averaging 43,030.500 CAD mn from Mar 1961 (Median) to Dec 2024, with 256 observations. The data reached an all-time high of 172,249.000 CAD mn in Dec 2024 and a record low of 1,522.000 CAD mn in Jun 1961. GDP: Government Consumption Expenditure 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.MEI: Gross Domestic Product: OECD Member: Quarterly.

Key information about Canada Nominal GDP

• Canada Nominal GDP reached 590.9 USD bn in Sep 2025, compared with 579.7 USD bn in the previous quarter.
• Nominal GDP in Canada is updated quarterly, available from Mar 1957 to Sep 2025, with an average number of 152.6 USD bn.
• The data reached an all-time high of 590.9 USD bn in Sep 2025 and a record low of 8.8 USD bn in Mar 1958.

CEIC converts quarterly de-annualised Nominal GDP into USD. Statistics Canada provides annualised Nominal GDP in local currency. Federal Reserve Board average market exchange rate is used for currency conversions. Nominal GDP prior to Q1 1961 is sourced from the International Monetary Fund.


Related information about Canada Nominal GDP

• In the latest reports, Canada GDP expanded 1.4 % YoY in Sep 2025.
• Its GDP deflator (implicit price deflator) increased 2.5 % in Sep 2025.
• Canada GDP Per Capita reached 54,733.5 USD in Jun 2025.
• Its Gross Savings Rate was measured at 25.0 % in Sep 2025.
• For Nominal GDP contributions, Investment accounted for 26.7 % in Sep 2025.
• Public Consumption accounted for 20.5 % in Sep 2025.
• Private Consumption accounted for 54.5 % in Sep 2025.

Canada CA: Gross Domestic Product (GDP): Single Hit Scenario data was reported at 2,270.000 CAD bn in Dec 2021. This records an increase from the previous number of 2,250.000 CAD bn for Sep 2021. Canada CA: Gross Domestic Product (GDP): Single Hit Scenario data is updated quarterly, averaging 703.500 CAD bn from Mar 1961 (Median) to Dec 2021, with 244 observations. The data reached an all-time high of 2,340.000 CAD bn in Dec 2019 and a record low of 40.672 CAD bn in Mar 1961. Canada CA: Gross Domestic Product (GDP): Single Hit Scenario 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.EO: GDP by Expenditure: Forecast: OECD Member: Quarterly. GDP-Gross domestic product, value, market prices Expenditure approach System of national Accounts 2008:https://unstats.un.org/unsd/nationalaccount/docs/sna2008.pdf European system of accounts ESA2010:https://ec.europa.eu/eurostat/documents/3859598/5925693/KS-02-13-269-EN.PDF/44cd9d01-bc64-40e5-bd40-d17df0c69334 Understanding NATIONAL ACCOUNTS:https://www.oecd.org/sdd/UNA-2014.pdf

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

Graph and download economic data for National Accounts: GDP by Expenditure: Current Prices: Gross Domestic Product: Total for Canada (CANGDPNQDSMEI) from Q1 1961 to Q3 2023 about Canada, GDP, and price.

Graph and download economic data for Gross Domestic Product Deflator for Canada (NGDPDSAIXCAQ) from Q1 1961 to Q1 2025 about Canada and GDP.

The latest data from show economic growth of 1.42 percent, which is a decrease from the rate of growth of 1.6 percent in the previous quarter and
a decrease compared to the growth rate of 2.44 percent in the same quarter last year. The economic growth time series for Canada cover the period from...