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The Ontario Economic Accounts (OEA) is a public document, released four times a year that provides an overall assessment of the current state of the Ontario economy. OEA estimates are based on Statistics Canada data. Its primary audience includes economists in both public and private sectors and credit rating agencies.
*[OEA]: Ontario Economic Accounts
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Canada GDP Counterfactual Tracker: % Change from Pre-Crisis Trend: High data was reported at -0.325 % in 30 Jan 2022. This records a decrease from the previous number of 1.404 % for 23 Jan 2022. Canada GDP Counterfactual Tracker: % Change from Pre-Crisis Trend: High data is updated weekly, averaging -2.325 % from May 2020 (Median) to 30 Jan 2022, with 91 observations. The data reached an all-time high of 1.404 % in 23 Jan 2022 and a record low of -9.373 % in 24 May 2020. Canada GDP Counterfactual Tracker: % Change from Pre-Crisis Trend: High 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.WT: GDP Growth Tracker: Weekly.
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This resource provides a concise summary of selected Canadian economic events, as well as international and financial market developments by calendar month. It is intended to provide contextual information only to support users of the economic data published by Statistics Canada. In identifying major events or developments, Statistics Canada is not suggesting that these have a material impact on the published economic data in a particular reference month.
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.
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Canada: Economic freedom, overall index (0-100): The latest value from 2024 is 72 index points, a decline from 74 index points in 2023. In comparison, the world average is 59 index points, based on data from 174 countries. Historically, the average for Canada from 1995 to 2024 is 76 index points. The minimum value, 68 index points, was reached in 1997 while the maximum of 81 index points was recorded in 2009.
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CA: GDP: Growth: Imports of Goods and Services data was reported at 0.866 % in 2023. This records a decrease from the previous number of 7.638 % for 2022. CA: GDP: Growth: Imports of Goods and Services data is updated yearly, averaging 5.498 % from Dec 1962 (Median) to 2023, with 62 observations. The data reached an all-time high of 17.451 % in 1984 and a record low of -15.857 % in 1982. CA: GDP: Growth: Imports of Goods and Services 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 growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
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Economic growth, quarterly in Canada, March, 2025 The most recent value is 0.55 percent as of Q1 2025, an increase compared to the previous value of 0.51 percent. Historically, the average for Canada from Q2 1961 to Q1 2025 is 0.76 percent. The minimum of -11 percent was recorded in Q2 2020, while the maximum of 9.08 percent was reached in Q3 2020. | TheGlobalEconomy.com
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Canada CA: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Europe & Central Asia data was reported at 0.284 % in 2023. This records an increase from the previous number of 0.226 % for 2022. Canada CA: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Europe & Central Asia data is updated yearly, averaging 0.141 % from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 0.400 % in 2008 and a record low of 0.035 % in 1963. Canada CA: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Europe & Central Asia 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: Exports. Merchandise exports to low- and middle-income economies in Europe and Central Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Europe and Central Asia region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.;World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.;Weighted average;
Gross Domestic Product (GDP) at basic prices, by various North American Industry Classification System (NAICS) aggregates, by Industry, volume measures, all levels of industries, (dollars x 1,000,000), annual, 5 most recent time periods.
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The Canadian fisheries statistical snapshot provides an overview of the economic contribution of the fishing-related industries in Canada: value of outputs, employment, gross domestic product. Canadian fisheries covered in these summary tables include commercial marine and freshwater fisheries as well as aquaculture. Statistics on employment in fishing-related industries are also presented.
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Graph and download economic data for Infra-Annual Labor Statistics: Inactivity Rate Total: From 25 to 54 Years for Canada (LRIN25TTCAQ156N) from Q1 1976 to Q1 2025 about 25 to 54 years, participation, Canada, labor force, labor, and rate.
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Monthly GDP MoM in Canada remained unchanged at -0.10 percent in May. This dataset includes a chart with historical data for Canada Monthly GDP MoM.
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Graph and download economic data for Infra-Annual Labor Statistics: Inactivity Rate Total: From 25 to 54 Years for Canada (LRIN25TTCAA156N) from 1976 to 2024 about 25 to 54 years, participation, Canada, labor force, labor, and rate.
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The data and programs replicate tables and figures from "Sources of Canadian economic growth", by Hasanzadeh and Khan. Please see the ReadMe file for additional details.
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The latest data from show economic growth of 2.31 pour cent,
which is an increase from the rate of growth of 2.29 pour cent in the previous quarter and
an increase compared to the growth rate of 0.78 pour cent in the same quarter last year.
The economic growth time series for Canada cover the...
Quarterly expenditure-based, gross domestic product, Canada, in chained (2017) and current dollars.
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Get statistical data for rural and urban Ontario on key socioeconomic variables. The data identifies: * demographic information for rural and urban Ontario by census year (population change and age breakdown, immigrants, visible minorities, educational attainment, average household income) * economic indicators for rural and urban Ontario (monthly and annual employment by industry, monthly and annual labour force characteristics, number of businesses by industries and employee number) * rural and urban Ontario census profiles (for all census of population variables starting with 2001) Find more resources with socioeconomic data and information about Rural Ontario
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Aquaculture economic statistics, value added account, Canada and provinces (dollars x 1,000). Data are available on an annual basis.
The Labour Force Survey provides estimates of employment and unemployment which are among the most timely and important measures of performance of the Canadian economy. With the release of the survey results only 13 days after the completion of data collection, the LFS estimates are the first of the major monthly economic data series to be released. The Canadian Labour Force Survey was developed following the Second World War to satisfy a need for reliable and timely data on the labour market. Information was urgently required on the massive labour market changes involved in the transition from a war to a peace-time economy. The main objective of the LFS is to divide the working-age population into three mutually exclusive classifications - employed, unemployed, and not in the labour force - and to provide descriptive and explanatory data on each of these. LFS data are used to produce the well-known unemployment rate as well as other standard labour market indicators such as the employment rate and the participation rate. The LFS also provides employment estimates by industry, occupation, public and private sector, hours worked and much more, all cross-classifiable by a variety of demographic characteristics. Estimates are produced for Canada, the provinces, the territories and a large number of sub-provincial regions. For employees, wage rates, union status, job permanency and workplace size are also produced. These data are used by different levels of government for evaluation and planning of employment programs in Canada. Regional unemployment rates are used by Human Resources Development Canada to determine eligibility, level and duration of insurance benefits for persons living within a particular employment insurance region. The data are also used by labour market analysts, economists, consultants, planners, forecasters and academics in both the private and public sector. Note: Because missing values are removed from this dataset, any form of non-response (e.g. valid skip, not stated) or don't know/refusal cannot be coded as a missing. The "Sysmiss" label in the Statistics section indicates the number of non-responding records for each variable, and the "Valid" values in the Statistics section indicate the number of responding records for each variable. The total number of records for each variable is comprised of both the sysmiss and valid values. LFS revisions: LFS estimates were previously based on the 2001 Census population estimates. These data have been adjusted to reflect 2006 Census population estimates and were revised back to 1996.
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CA: Government Expenditure on Education: Total: % of Government Expenditure data was reported at 11.055 % in 2022. This stayed constant from the previous number of 11.055 % for 2021. CA: Government Expenditure on Education: Total: % of Government Expenditure data is updated yearly, averaging 12.663 % from Dec 2008 (Median) to 2022, with 15 observations. The data reached an all-time high of 13.002 % in 2013 and a record low of 9.878 % in 2020. CA: Government Expenditure on Education: Total: % of Government Expenditure 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: Social: Education Statistics. General government expenditure on education (current, capital, and transfers) is expressed as a percentage of total general government expenditure on all sectors (including health, education, social services, etc.). It includes expenditure funded by transfers from international sources to government. General government usually refers to local, regional and central governments.;UNESCO Institute for Statistics (UIS). UIS.Stat Bulk Data Download Service. Accessed September 19, 2023. https://apiportal.uis.unesco.org/bdds.;Median;
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The Ontario Economic Accounts (OEA) is a public document, released four times a year that provides an overall assessment of the current state of the Ontario economy. OEA estimates are based on Statistics Canada data. Its primary audience includes economists in both public and private sectors and credit rating agencies.
*[OEA]: Ontario Economic Accounts