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.

Monthly GDP MoM in Canada increased to 0.10 percent in June from -0.10 percent in May of 2025. This dataset includes a chart with historical data for Canada Monthly GDP MoM.

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.

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;

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

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.

Data on the activities of Canadian and foreign multinational enterprises in Canada, for example the number of jobs, assets, operating revenues, international merchandise trade or gross domestic product, as a share of the Canadian economy.

In the fourth quarter of 2023, ** percent of surveyed leaders felt optimistic about how the Canadian economy would perform over the following 12 months, an slight decrease of *** percentage point from the second quarter of 2022.

In 2022, Canada's gross domestic product (GDP) might recover by 4.5 percent compared to the previous year. Similarly, an increase of around one percent has been projected for 2023.

Canada economic growth for 2018 was $1,796, a 0.45% increase from 2018.

<ul style='margin-top:20px;'>

<li>Canada economic growth for 2018 was <strong>$1,788</strong>, a <strong>0.87% increase</strong> from 2018.</li>
<li>Canada economic growth for 2018 was <strong>$1,772</strong>, a <strong>1.35% increase</strong> from 2018.</li>
<li>Canada economic growth for 2018 was <strong>$1,749</strong>, a <strong>0.74% increase</strong> from 2017.</li>
</ul>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 current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Graph and download economic data for National Accounts: GDP by Expenditure: Current Prices: Gross Domestic Product: Total for Canada (CANGDPNADSMEI) from 1961 to 2022 about Canada, GDP, and price.

Gross Domestic Product (GDP) is a measure of the economic production which takes place within the geographical boundaries of a province or country. It can be measured at basic prices (by industry) or at market prices.

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 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.

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.

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

This statistic shows the real value added to the Gross Domestic Product (GDP) of Canada in 2023, distinguished by industry. In 2023, the manufacturing industry added 213.15 billion chained Canadian dollars of value to the total Canadian GDP.

This graph shows the real Gross Domestic Product (GDP) of Canada in 2023, by province. In 2023, Ontario added about 852.7 billion chained (2017) Canadian dollars of value to the real GDP of Canada.

GDP from Services in Canada decreased to 1712815 CAD Million in May from 1713537 CAD Million in April of 2025. This dataset provides - Canada Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Quarterly expenditure-based, gross domestic product, Canada, in chained (2017) and current dollars.