Conventional oil and gas production in Canada accounts for around **** percent of the country's total GDP. Between 2010 and 2024, the conventional upstream industry's economic impact has seen a net increase of some six billion Canadian dollars.

Canada's oil sands extraction industry contributes around ** billion Canadian dollars to the country's GDP. This equates to **** percent of total GDP. Since 2016, contributions by the industry, which is largely based in Alberta, have seen a net increase, rising to their highest value in 2024.

In 2020, oil and gas and associated manufacturing provided a total of *** billion Canadian dollars to Canada's real Gross Domestic Product (GDP), while in 2010 it provided around ***** billion Canadian dollars of real GDP.

View monthly updates and historical trends for Canada Real GDP by Industry: Oil and Gas Extraction. Source: Statistics Canada. Track economic data with YC…

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.

View monthly updates and historical trends for Canada Real GDP by Industry: Mining, Quarrying, and Oil and Gas Extraction. Source: Statistics Canada. Trac…

Canada CA:(GDP) Gross Domestic Productper Unit of Energy Use: PPP per Kg of Oil Equivalent data was reported at 8.566 Intl $/kg in 2023. This records an increase from the previous number of 8.220 Intl $/kg for 2022. Canada CA:(GDP) Gross Domestic Productper Unit of Energy Use: PPP per Kg of Oil Equivalent data is updated yearly, averaging 4.633 Intl $/kg from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 8.566 Intl $/kg in 2023 and a record low of 2.648 Intl $/kg in 1990. Canada CA:(GDP) Gross Domestic Productper Unit of Energy Use: PPP per Kg of Oil Equivalent 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: Environmental: Energy Production and Consumption. GDP per unit of energy use is the PPP GDP per kilogram of oil equivalent of energy use. PPP GDP is gross domestic product converted to current international dollars using purchasing power parity rates based on the 2017 ICP round. An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States.;IEA Energy Statistics Data Browser, https://www.iea.org/data-and-statistics/data-tools/energy-statistics-data-browser;Weighted average;

Canada CA: Oil Rents: % of GDP data was reported at 2.830 % in 2021. This records an increase from the previous number of 0.889 % for 2020. Canada CA: Oil Rents: % of GDP data is updated yearly, averaging 1.314 % from Dec 1970 (Median) to 2021, with 52 observations. The data reached an all-time high of 5.020 % in 1980 and a record low of 0.035 % in 2015. Canada CA: Oil Rents: % of GDP 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: Environmental: Land Use, Protected Areas and National Wealth. Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.;World Bank staff estimates based on sources and methods described in the World Bank's The Changing Wealth of Nations.;Weighted average;

This statistic shows the Gross Domestic Product (GDP) of Canada in June 2025, distinguished by major industry. In June 2025, the construction industry of Canada contributed about 167.5 Canadian dollars to the total Canadian GDP.

Canada GDP: 2002p: saar: TW: Pipeline : Crude Oil & Others data was reported at 1,510.000 CAD mn in Oct 2012. This records an increase from the previous number of 1,490.000 CAD mn for Sep 2012. Canada GDP: 2002p: saar: TW: Pipeline : Crude Oil & Others data is updated monthly, averaging 1,303.000 CAD mn from Jan 1997 (Median) to Oct 2012, with 190 observations. The data reached an all-time high of 1,531.000 CAD mn in Jan 2012 and a record low of 1,069.000 CAD mn in Jun 1997. Canada GDP: 2002p: saar: TW: Pipeline : Crude Oil & Others data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.A060: CSNA 1997: GDP: by Industry: 2002 Price: saar. Annualized monthly data

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.

View monthly updates and historical trends for Canada Real GDP by Industry: Petroleum Refineries. Source: Statistics Canada. Track economic data with YCha…

Canada is one of the largest producers of crude oil in the world, with a significant portion of its production coming from the oil sands located in Alberta. Learn more about Canadian crude oil production, its impact on the economy, and the ongoing debates surrounding its environmental impact.

View monthly updates and historical trends for Canada Real GDP by Industry: Petroleum and Coal Product Manufacturing. Source: Statistics Canada. Track eco…

Canada GDP: CL 2002p: saar: MO: Oil & Gas Extraction data was reported at 41,636.000 CAD mn in Oct 2012. This records an increase from the previous number of 41,488.000 CAD mn for Sep 2012. Canada GDP: CL 2002p: saar: MO: Oil & Gas Extraction data is updated monthly, averaging 40,278.000 CAD mn from Jan 1997 (Median) to Oct 2012, with 190 observations. The data reached an all-time high of 43,211.000 CAD mn in Jun 2007 and a record low of 34,711.000 CAD mn in May 1997. Canada GDP: CL 2002p: saar: MO: Oil & Gas Extraction data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.A061: CSNA 1997: GDP: by Industry: Chain Linked 2002 Price: saar. Annualized monthly data

The average for 2015 based on 11 countries was 12.32 GDP per kg of oil equivalent. The highest value was in Switzerland: 22.33 GDP per kg of oil equivalent and the lowest value was in Canada: 5.81 GDP per kg of oil equivalent. The indicator is available from 1990 to 2023. Below is a chart for all countries where data are available.

This statistic shows the gross domestic product (GDP) of Alberta in 2022, by industry. In 2022, the GDP of the construction industry in Alberta was 25 billion chained 2012 Canadian dollars.

Canada GDP: CL 2002p: saar: Mining & Oil & Gas Extraction (MO) data was reported at 56,352.000 CAD mn in Oct 2012. This records an increase from the previous number of 56,172.000 CAD mn for Sep 2012. Canada GDP: CL 2002p: saar: Mining & Oil & Gas Extraction (MO) data is updated monthly, averaging 54,821.000 CAD mn from Jan 1997 (Median) to Oct 2012, with 190 observations. The data reached an all-time high of 58,891.000 CAD mn in Sep 2011 and a record low of 46,871.000 CAD mn in Jan 1997. Canada GDP: CL 2002p: saar: Mining & Oil & Gas Extraction (MO) data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.A061: CSNA 1997: GDP: by Industry: Chain Linked 2002 Price: saar. Annualized monthly data

In September 2025, the average monthly price of the Canadian oil benchmark Western Canadian Select amounted to ******U.S. dollars per barrel. This was a slight decrease compared to the previous month. Western Canadian Select is a heavy sour blend of crude oil, produced exclusively in Western Canada. The importance of Canada’s oil sands Not only are the oil sands a vital part of the Canadian energy industry, they play a large part in the national economy as well. In 2024, the oil sands extraction industry contributed nearly 40 billion Canadian dollars to Canada's GDP. This represented a share of **** percent of the total GDP. Furthermore, they are the largest single source of oil exports to their neighbors to the south, the United States. Oil sands are a combination of sand, water, and bitumen, and therefore a more expensive source of crude oil than conventional oil as oil sands require extensive processing. Meanwhile, that same year the contribution of conventional crude oil and gas extraction stood at **** billion Canadian dollars, which translated to **** percent of total GDP. Canada’s main oil export partner remains the U.S. In 2024, Canada’s oil exports amounted to over *** million barrels per day. This was a historical high and represented more than twice the amount exported in 2005 thanks to oil sand exploration. The United States is Canada’s main oil destination market, receiving *** million metric tons in 2024. Far in second place came China, with *** million metric tons exported there that same year.

Exports in Canada decreased to 60584.30 CAD Million in August from 62454.80 CAD Million in July of 2025. This dataset provides the latest reported value for - Canada Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.