Monthly GDP MoM in Canada remained unchanged at 0.10 percent in April. This dataset includes a chart with historical data for Canada Monthly GDP MoM.

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.

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

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.

GDP (current US$) in Canada was reported at 2142470914401 USD in 2023, 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 June of 2025.

Trade (% of GDP) in Canada was reported at 67.19 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Canada - Trade (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on May of 2025.

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...

GDP, billion currency units in Canada, March, 2025 The most recent value is 757.58 billion Canadian Dollar as of Q1 2025, a decline compared to the previous value of 798.84 billion Canadian Dollar. Historically, the average for Canada from Q1 1961 to Q1 2025 is 246.57 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

Canada GDP for 2023 was 2.140 trillion US dollars, a 0.99% decline from 2022.

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

<li>Canada GDP for 2022 was <strong>2.161 trillion US dollars</strong>, a <strong>7.67% increase</strong> from 2021.</li>
<li>Canada GDP for 2021 was <strong>2.007 trillion US dollars</strong>, a <strong>21.25% increase</strong> from 2020.</li>
<li>Canada GDP for 2020 was <strong>1.656 trillion US dollars</strong>, a <strong>5.05% decline</strong> from 2019.</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.

The benchmark interest rate in Canada was last recorded at 2.75 percent. This dataset provides - Canada Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gross National Product in Canada increased to 3122564 CAD Million in the first quarter of 2025 from 3094340 CAD Million in the fourth quarter of 2024. This dataset provides - Canada Gross National Product - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumption as percent of GDP in Canada, March, 2025 The most recent value is 55.05 percent as of Q1 2025, a decline compared to the previous value of 55.32 percent. Historically, the average for Canada from Q1 1961 to Q1 2025 is 56 percent. The minimum of 48.34 percent was recorded in Q3 1974, while the maximum of 65.63 percent was reached in Q4 1961. | TheGlobalEconomy.com

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.

Investment growth in Canada, March, 2025 The most recent value is 5.13 percent as of Q1 2025, a decline compared to the previous value of 6.53 percent. Historically, the average for Canada from Q1 1962 to Q1 2025 is 7.35 percent. The minimum of -11.91 percent was recorded in Q2 2020, while the maximum of 34.38 percent was reached in Q2 2021. | TheGlobalEconomy.com

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

Canada Foreign Exchange Rate: Daily Average: Brazilian Real data was reported at 0.249 BRL/CAD in Mar 2025. This records an increase from the previous number of 0.248 BRL/CAD for Feb 2025. Canada Foreign Exchange Rate: Daily Average: Brazilian Real data is updated monthly, averaging 0.271 BRL/CAD from Jan 2017 (Median) to Mar 2025, with 99 observations. The data reached an all-time high of 0.428 BRL/CAD in Apr 2017 and a record low of 0.223 BRL/CAD in Mar 2021. Canada Foreign Exchange Rate: Daily Average: Brazilian Real data remains active status in CEIC and is reported by Bank of Canada. The data is categorized under Global Database’s Canada – Table CA.M013: Foreign Exchange Rate.

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.

GDP per capita growth (annual %) in Canada was reported at --1.6769 % in 2023, 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 June of 2025.

Canada GDP Nowcast: saar: YoY: Current Quarter data was reported at 1.720 % in 14 Apr 2025. This records a decrease from the previous number of 3.631 % for 07 Apr 2025. Canada GDP Nowcast: saar: YoY: Current Quarter data is updated weekly, averaging 2.509 % from Jan 2019 (Median) to 14 Apr 2025, with 328 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).

Canada GDP: Deflator data was reported at 1.309 Index, 2017 in 2026. This records an increase from the previous number of 1.286 Index, 2017 for 2025. Canada GDP: Deflator data is updated yearly, averaging 0.640 Index, 2017 from Dec 1961 (Median) to 2026, with 66 observations. The data reached an all-time high of 1.309 Index, 2017 in 2026 and a record low of 0.112 Index, 2017 in 1961. Canada GDP: Deflator 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: Deflator: Forecast: OECD Member: Annual. PGDP - Gross domestic product, market prices, deflatorIndex, national reference year