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.

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.

The Gross Domestic Product (GDP) in Canada contracted 0.40 percent in the second 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.

This statistic shows a comparison of gross domestic product (GDP) of Canada and the United States from 2020 to 2030 in billion U.S. dollars. In 2024, GDP of Canada amounted to about 2.24 trillion U.S. dollars and GDP of the United States amounted to about 29.18 trillion U.S. dollars. Thus, aggregated GDP for North America came to about 31.43 trillion U.S. dollars that year.

The Gross Domestic Product (GDP) in Canada expanded 1.20 percent in the second 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.

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

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.

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

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.

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Canada (NAEXKP01CAQ657S) from Q2 1961 to Q2 2025 about Canada, real, and GDP.

The statistic shows the gross domestic product (GDP) per capita in Canada from 1987 to 2023, with projections up until 2029. In 2023, the gross domestic product per capita in Canada was around 53,607.4 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.

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.

GDP, billion currency units in Canada, June, 2025 The most recent value is 780.17 billion Canadian Dollar as of Q2 2025, an increase compared to the previous value of 758.95 billion Canadian Dollar. Historically, the average for Canada from Q1 1961 to Q2 2025 is 248.64 billion Canadian Dollar. The minimum of 9.51 billion Canadian Dollar was recorded in Q1 1961, while the maximum of 800.82 billion Canadian Dollar was reached in Q3 2024. | TheGlobalEconomy.com

GDP (current US$) in Canada was reported at 2241253230970 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Canada - GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

GDP Growth Annualized in Canada decreased by 1.60 percent in the second quarter of 2025 from -2 percent in the first quarter of 2025. This dataset provides - Canada Gdp Growth Annualized - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Canada CA: Output Gap of Total Economy data was reported at -0.130 % in 2026. This records an increase from the previous number of -0.730 % for 2025. Canada CA: Output Gap of Total Economy data is updated yearly, averaging -0.057 % from Dec 1985 (Median) to 2026, with 42 observations. The data reached an all-time high of 4.006 % in 2000 and a record low of -4.820 % in 2020. Canada CA: Output Gap of Total Economy 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: Potential Output and Output Gap: Forecast: OECD Member: Annual. GAP - Output gap, as a percentage of potential GDP OECD calculation, see OECD Economic Outlook database documentation

The latest data from show economic growth of 1.21 percent, which is a decrease from the rate of growth of 2.26 percent in the previous quarter and
an increase compared to the growth rate of 1.2 percent in the same quarter last year. The economic growth time series for Canada cover the period...

Canada CA: Potential Output of Total Economy data was reported at 3,248.280 CAD bn in 2026. This records an increase from the previous number of 3,145.648 CAD bn for 2025. Canada CA: Potential Output of Total Economy data is updated yearly, averaging 1,416.071 CAD bn from Dec 1985 (Median) to 2026, with 42 observations. The data reached an all-time high of 3,248.280 CAD bn in 2026 and a record low of 496.452 CAD bn in 1985. Canada CA: Potential Output of Total Economy 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: Potential Output and Output Gap: Forecast: OECD Member: Annual. GDPTR - Potential output, nominal value OECD calculation, see OECD Economic Outlook database documentation

GDP per capita growth (annual %) in Canada was reported at --1.4353 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Canada - GDP per capita growth (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

Investment as percent of GDP in Canada, March, 2025 The most recent value is 21.67 percent as of Q1 2025, a decline compared to the previous value of 22.44 percent. Historically, the average for Canada from Q1 1961 to Q1 2025 is 22.14 percent. The minimum of 17.3 percent was recorded in Q1 1993, while the maximum of 26.96 percent was reached in Q2 1981. | TheGlobalEconomy.com