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.

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.

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.

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.

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.

• 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.

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.

GDP Nowcast: saar: YoY: Contribution: Business Cycle Indicators: Report On Business: PMI: Services: Business Activity Index data was reported at 0.018 % in 12 May 2025. This records an increase from the previous number of 0.000 % for 05 May 2025. GDP Nowcast: saar: YoY: Contribution: Business Cycle Indicators: Report On Business: PMI: Services: Business Activity Index data is updated weekly, averaging 0.000 % from Jan 2019 (Median) to 12 May 2025, with 332 observations. The data reached an all-time high of 1.036 % in 11 Jul 2022 and a record low of 0.000 % in 05 May 2025. GDP Nowcast: saar: YoY: Contribution: Business Cycle Indicators: Report On Business: PMI: Services: Business Activity Index 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).

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 (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.

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

Canada CA: GDP: Real: per Capita data was reported at 56,866.021 CAD in 2023. This records a decrease from the previous number of 57,835.849 CAD for 2022. Canada CA: GDP: Real: per Capita data is updated yearly, averaging 40,698.712 CAD from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 57,835.849 CAD in 2022 and a record low of 19,734.832 CAD in 1960. Canada CA: GDP: Real: 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. 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. Data are in constant local currency.;World Bank national accounts data, and OECD National Accounts data files.;;

Canada CA: GDP: Growth: Adjusted Net National Income per Capita data was reported at 8.279 % in 2021. This records an increase from the previous number of -8.393 % for 2020. Canada CA: GDP: Growth: Adjusted Net National Income per Capita data is updated yearly, averaging 1.884 % from Dec 1971 (Median) to 2021, with 51 observations. The data reached an all-time high of 8.279 % in 2021 and a record low of -8.393 % in 2020. Canada CA: GDP: Growth: Adjusted Net National Income 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. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.;World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).;Weighted average;

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;

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

Vintages of releases of gross domestic product (GDP) at basic prices, by North American Industry Classification System (NAICS) aggregates, by industry, volume measures, monthly.

This report analyzes the annual gross domestic product (GDP) of Canada. GDP measures the total value in dollars of all the goods and services produced in an economy. Consequently, GDP is equal to the sum of consumption by individuals, government consumption and investment, private investment, net exports (value of exports minus the value of imports) and changes in inventories. Data is sourced from Statistics Canada and is presented in chained 2017 dollars.

Monthly GDP MoM in Canada decreased to -0.30 percent in October from 0.20 percent in September of 2025. This dataset includes a chart with historical data for Canada Monthly GDP MoM.

Full Year GDP Growth in Canada increased to 1.60 percent in 2024 from 1.25 percent in 2023. This dataset includes a chart with historical data for Canada Full Year Gdp Growth.

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).