The Gross Domestic Product per capita in Canada was last recorded at 44401.72 US dollars in 2024. The GDP per Capita in Canada is equivalent to 352 percent of the world's average. This dataset provides - Canada GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Constant GDP per capita for Canada from 1960 to 2024 about Canada, per capita, real, and GDP.

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 --1.4353 % in 2024, 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 August of 2025.

Key information about Canada GDP Per Capita

• Canada Gross Domestic Product (GDP) per Capita reached 54,104.301 USD in Jun 2022, compared with 48,179.034 USD in Jun 2021.
• Canada GDP Per Capita data is updated yearly, available from Jun 1971 to Jun 2022, with an average number of 21,530.588 USD.
• The data reached an all-time high of 54,104.301 USD in Jun 2022 and a record low of 4,312.333 in Jun 1971.
• CEIC calculates GDP per Capita from quarterly Nominal GDP and annual Population and converts it into USD. Statistics Canada provides Nominal GDP in local currency and Population. Federal Reserve Board average market exchange rate is used for currency conversions. Mid-Year Population is used in the calculation of GDP per Capita. GDP per Capita is in annual frequency, ending in June of each year.

• In the latest reports, Canada GDP expanded 2.074 % YoY in Dec 2022.
• Canada Nominal GDP reached 513.543 USD bn in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 4.199 % in Dec 2022.
• Gross Savings Rate of Canada was measured at 23.371 % in Dec 2022.

Graph and download economic data for Gross Domestic Product Per Capita for Canada (PCAGDPCAA646NWDB) from 1960 to 2024 about Canada, per capita, and GDP.

This statistic shows the per capita gross domestic product (GDP) of Canada from 1960 to 2022. In 2022, the per capita GDP of Canada was 55,522.4 U.S. dollars.

The Gross Domestic Product per capita in Canada was last recorded at 56691.91 US dollars in 2024, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Canada, when adjusted by Purchasing Power Parity is equivalent to 319 percent of the world's average. This dataset provides - Canada GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP per capita (current US$) in Canada was reported at 54283 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Canada - GDP per capita - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

GDP per capita, PPP (current international $) in Canada was reported at 65463 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Canada - GDP per capita, PPP (current international $) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Canada: GDP per capita, current U.S. dollars: The latest value from 2023 is 53431.19 U.S. dollars, a decline from 55509.39 U.S. dollars in 2022. In comparison, the world average is 19958.31 U.S. dollars, based on data from 185 countries. Historically, the average for Canada from 1960 to 2023 is 23223.4 U.S. dollars. The minimum value, 2246.08 U.S. dollars, was reached in 1961 while the maximum of 55509.39 U.S. dollars was recorded in 2022.

Canada: GDP per capita, Purchasing Power Parity: The latest value from 2024 is 56692 U.S. dollars, a decline from 57517 U.S. dollars in 2023. In comparison, the world average is 27291 U.S. dollars, based on data from 177 countries. Historically, the average for Canada from 1990 to 2024 is 50483 U.S. dollars. The minimum value, 39023 U.S. dollars, was reached in 1992 while the maximum of 58321 U.S. dollars was recorded in 2022.

GDP per capita (constant 2015 US$) in Canada was reported at 44402 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Canada - GDP per capita (constant 2000 US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

Graph and download economic data for Real GDP per Capita in Canada (DISCONTINUED) (CANRGDPC) from 1960 to 2011 about Canada, per capita, real, and GDP.

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.;;

In 2025, Luxembourg was the country with the highest gross domestic product per capita in the world. Of the 20 listed countries, 13 are in Europe and five are in Asia, alongside the U.S. and Australia. There are no African or Latin American countries among the top 20. Correlation with high living standards While GDP is a useful indicator for measuring the size or strength of an economy, GDP per capita is much more reflective of living standards. For example, when compared to life expectancy or indices such as the Human Development Index or the World Happiness Report, there is a strong overlap - 14 of the 20 countries on this list are also ranked among the 20 happiest countries in 2024, and all 20 have "very high" HDIs. Misleading metrics? GDP per capita figures, however, can be misleading, and to paint a fuller picture of a country's living standards then one must look at multiple metrics. GDP per capita figures can be skewed by inequalities in wealth distribution, and in countries such as those in the Middle East, a relatively large share of the population lives in poverty while a smaller number live affluent lifestyles.

GDP per capita (constant LCU) in Canada was reported at 61196 LCU in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Canada - GDP per capita (constant LCU) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

Key information about Canada Real GDP Growth

• The Gross Domestic Product (GDP) in Canada expanded 2.1 % YoY in Dec 2022, following a growth of 3.8 % in the previous quarter.
• Real GDP Growth YoY data in Canada is updated quarterly, available from Mar 1962 to Dec 2022, with an average rate of 3.1 %.
• The data reached an all-time high of 12.1 % in Jun 2021 and a record low of -12.2 % in Jun 2020.

• In the latest reports, Nominal GDP of Canada reached 513.5 USD bn in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 4.2 % in Dec 2022.
• GDP Per Capita in Canada reached 54,104.3 USD in Jun 2022.
• Its Gross Savings Rate was measured at 23.4 % in Dec 2022.
• For Nominal GDP contributions, Investment accounted for 23.1 % in Dec 2022.
• Public Consumption accounted for 21.0 % in Dec 2022.
• Private Consumption accounted for 55.6 % in Dec 2022.

The statistic shows the gross domestic product (GDP) per capita in the United States from 1987 to 2024, with projections up until 2030. In 2024, the gross domestic product per capita in the United States amounted to around 85,812.18 U.S. dollars. Thus, the United States is one of the countries with the largest GDP per capita worldwide. See the U.S. GDP growth rate here and the US GDP for further information. For comparison, per capita GDP in China had reached about 5,553 U.S. dollars in 2011. Gross domestic product of the United States The gross domestic product (GDP) of a country is an economic key figure, as it represents the market value of goods and services produced in a country within one year. The United States’ GDP) is increasing consistently, and it is expected to continue growing. On a global scale, the U.S. share of GDP adjusted for Purchasing Power Parity has been in the range of 20 percent over the last few years, give or take a few percentage points. The United States has the largest GDP worldwide, with a significant lead over China, Japan and Germany. Gross domestic product per capita is annual GDP divided by the average population from the same year, which allows for a GDP calculation per inhabitant of a country. Thus, a country with a high GDP, like the United States, can still have a low GDP per capita. Consequently, if compared to other countries, the United States does not rank among the top ten on this list .

Graph and download economic data for Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of domestic absorption for Canada (RGDPL2CAA625NUPN) from 1950 to 2010 about PPP, Canada, domestic, per capita, GDP, and rate.