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.
Annual Provincial and Territorial Gross Domestic Product (GDP) at basic prices, by North American Industry Classification aggregates, in chained and current dollars, growth rate.
Annual expenditure-based, gross domestic product, by province and territory in chained, current and constant 2017 dollars.
This statistic shows the Gross Domestic Product (GDP) of Canada in February 2024, distinguished by major industry. In February 2024, the construction industry of Canada contributed about 160.97 billion Canadian dollars to the total Canadian GDP.
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.
This statistic shows the labor productivity in Canada in 2023, distinguished by province. In 2023, the Northwest Territories had the highest labor productivity in Canada with 89.2 chained 2017 Canadian dollars added to the GDP per hour worked.
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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Unemployment Rate in Canada increased to 7 percent in May from 6.90 percent in April of 2025. This dataset provides - Canada Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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License information was derived automatically
Canada's total Exports in 2024 were valued at US$568.23 Billion, according to the United Nations COMTRADE database on international trade. Canada's main export partners were: the United States, China and the United Kingdom. The top three export commodities were: Mineral fuels, oils, distillation products; Vehicles other than railway, tramway and Machinery, nuclear reactors, boilers. Total Imports were valued at US$554.12 Billion. In 2024, Canada had a trade surplus of US$14.12 Billion.
Labour productivity and related measures by business sector industry and by non-commercial activity consistent with the industry accounts, provinces and territories, annual.
The Lower Mainland and Southwest region of the Canadian province of British Columbia contributed around 4.4 billion Canadian dollars in GDP from the forestry and logging industry in 2022. The Cariboo region ranked in second place for economic output at that time, with a GDP contribution of around 3.6 billion Canadian dollars.
Russia had the largest forest area in the world in 2021, amounting to around 815 million hectares, more than twice that of Canada, whose forest area amounted to 347 million hectares. The forestry industry in Canada With the third largest forest area in the world, Canada’s forestry industry is a significant contributor to the country’s gross domestic product. In 2021, the nominal GDP of Canada’s forest industry reached more than 34 billion Canadian dollars, with the wood product manufacturing sector alone contributing around 19.8 billion Canadian dollars in nominal GDP. A comparison of Canadian provinces shows that British Colombia has the largest forestry and logging industry in the country, followed by Quebec and Ontario. The Amazon rainforest in Brazil Brazil has the second largest forest area in the world after Russia, with total forest areas in the South American country amounting to approximately 494 million hectares in 2022. This is largely because around 62 percent of the Amazon rainforest is located in Brazil. The Amazon rainforest is the world’s largest rainforest, what some call “the lungs of the planet”. However, in recent years, deforestation has been a salient issue in the Amazon, with illegal logging and wildfires raging across the rainforest have contributed to very high deforestation rates. Indeed, around 8,000 square kilometers were destroyed in the Brazilian Amazon in 2023. Deforestation and its impact on climate change has spurred opposition to the logging industry, which was the sector responsible for the most killings of environmental activists in 2021.
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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.