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.

Full Year GDP Growth in Canada increased to 1.60 percent in 2024 from 1.25 percent in 2023. This dataset includes a chart with historical data for Canada Full Year Gdp Growth.

Economic growth, quarterly in Canada, September, 2025 The most recent value is 0.64 percent as of Q3 2025, an increase compared to the previous value of -0.47 percent. Historically, the average for Canada from Q2 1961 to Q3 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

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

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.

Graph and download economic data for Economic Policy Uncertainty Index for Canada (CANEPUINDXM) from Jan 1985 to Nov 2025 about academic data, uncertainty, Canada, and indexes.

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;

Canada: Economic freedom, overall index (0-100): The latest value from 2025 is 76 index points, an increase from 72 index points in 2024. In comparison, the world average is 60 index points, based on data from 174 countries. Historically, the average for Canada from 1995 to 2025 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.

Composite Leading Indicator in Canada increased to 101.35 points in October from 101.14 points in September of 2025. This dataset includes a chart with historical data for Canada Composite Leading Indicator.

The Economic and Fiscal Snapshot 2020 lays out the steps Canada is taking to stabilize the economy and protect the health and economic well-being of Canadians and businesses across the country during the public health and economic crisis linked to the COVID-19 pandemic.

The latest data from show economic growth of 1.42 pour cent, which is a decrease from the rate of growth of 1.6 pour cent in the previous quarter and
a decrease compared to the growth rate of 2.44 pour cent in the same quarter last year. The economic growth time series for Canada cover the period...

Overview with Chart & Report: Canada Gross Domestic Product (GDP) m/m is the macroeconomic indicator of the national economy state. It reflects the value of all goods and services produced in all sectors of economy on the

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.

Wealth and its subcomponent distributions, dollar values and dollar value per household, by household characteristics such as income quintile, age, housing tenure and composition, Canada, regions and provinces, annual 2010 to 2019 and quarterly starting 2020.

GDP from Services in Canada increased to 1745605 CAD Million in September from 1744269 CAD Million in August of 2025. This dataset provides - Canada Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Monthly and long-term Canada GDP Per Capita data: historical series and analyst forecasts curated by FocusEconomics.

Household income, consumption and saving and their subcomponents, distributions, dollar values and dollar value per household, by household characteristics such as income quintile, age, housing tenure and composition, Canada, provinces and territories, 2020 quarter one to current quarter.

Canada CA: GDP: Real: per Capita data was reported at 56,866.021 CAD in 2023. This records a decrease from the previous number of 57,835.849 CAD for 2022. Canada CA: GDP: Real: per Capita data is updated yearly, averaging 40,698.712 CAD from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 57,835.849 CAD in 2022 and a record low of 19,734.832 CAD in 1960. Canada CA: GDP: Real: per Capita 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: Real. GDP per capita is gross domestic product divided by midyear population. 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 constant local currency.;World Bank national accounts data, and OECD National Accounts data files.;;

The "Canada Per Capita Income Prediction" dataset presents a comprehensive collection of historical economic data focused on Canada's per capita income, with the added dimension of predictive analysis. This dataset has been meticulously curated to offer a deep understanding of income trends, enabling researchers, economists, and policymakers to make informed decisions.

Sourced from reputable governmental agencies such as Statistics Canada, the dataset spans several decades, encompassing varying economic scenarios and policy changes. It combines indicators such as GDP growth, employment rates, inflation, and sectoral contributions, providing a holistic view of the factors influencing per capita income.

The inspiration behind compiling and predicting this dataset lies in the crucial need for accurate economic forecasting. As economies continue to evolve, accurate predictions facilitate proactive planning for governments, businesses, and individuals. This dataset empowers researchers to explore correlations between income levels and various economic indicators, shedding light on the potential effects of policy decisions on the citizens' standard of living.

In addition to its analytical utility, this dataset can serve as an educational resource, allowing students and enthusiasts to grasp the complexities of economic dynamics and predictive modeling. By offering this dataset, we aim to foster a data-driven approach to understanding the economic landscape and contribute to evidence-based discussions on economic policies, growth, and prosperity in Canada.

Key information about Canada Nominal GDP

• Canada Nominal GDP reached 590.9 USD bn in Sep 2025, compared with 579.7 USD bn in the previous quarter.
• Nominal GDP in Canada is updated quarterly, available from Mar 1957 to Sep 2025, with an average number of 152.6 USD bn.
• The data reached an all-time high of 590.9 USD bn in Sep 2025 and a record low of 8.8 USD bn in Mar 1958.

CEIC converts quarterly de-annualised Nominal GDP into USD. Statistics Canada provides annualised Nominal GDP in local currency. Federal Reserve Board average market exchange rate is used for currency conversions. Nominal GDP prior to Q1 1961 is sourced from the International Monetary Fund.


Related information about Canada Nominal GDP

• In the latest reports, Canada GDP expanded 1.4 % YoY in Sep 2025.
• Its GDP deflator (implicit price deflator) increased 2.5 % in Sep 2025.
• Canada GDP Per Capita reached 54,733.5 USD in Jun 2025.
• Its Gross Savings Rate was measured at 25.0 % in Sep 2025.
• For Nominal GDP contributions, Investment accounted for 26.7 % in Sep 2025.
• Public Consumption accounted for 20.5 % in Sep 2025.
• Private Consumption accounted for 54.5 % in Sep 2025.