Graph and download economic data for Hourly Earnings: Earnings: Economic Activity: Manufacturing: Total Economy for Canada (LCEAMN01CAA661N) from 1955 to 2024 about compensation, Canada, earnings, hours, and manufacturing.

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.

Gross Domestic Product (GDP) at basic prices, by various North American Industry Classification System (NAICS) aggregates, volume measures, lowest industry levels only, (dollars x 1,000,000), annual average, 5 most recent time periods.

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.

Canada CA: Tariff Rate: Applied: Simple Mean: Primary Products data was reported at 3.480 % in 2022. This records a decrease from the previous number of 3.880 % for 2021. Canada CA: Tariff Rate: Applied: Simple Mean: Primary Products data is updated yearly, averaging 4.985 % from Dec 1989 (Median) to 2022, with 30 observations. The data reached an all-time high of 17.410 % in 2003 and a record low of 3.480 % in 2022. Canada CA: Tariff Rate: Applied: Simple Mean: Primary Products 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: Trade Tariffs. Simple mean applied tariff is the unweighted average of effectively applied rates for all products subject to tariffs calculated for all traded goods. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of simple mean tariffs. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).;World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System (TRAINS) database.;;The tariff data for the European Union (EU) apply to EU Member States in alignment with the EU membership for the respective countries/economies and years. In the context of the tariff data, the EU membership for a given country/economy and year is defined for the entire year during which the country/economy was a member of the EU (irrespective of the date of accession to or withdrawal from the EU within a given year). The tariff data for the EU are, thus, applicable to Belgium, France, Germany, Italy, Luxembourg, and the Netherlands (EU Member State(s) since 1958), Denmark and Ireland (EU Member State(s) since 1973), the United Kingdom (EU Member State(s) from 1973 until 2020), Greece (EU Member State(s) since 1981), Spain and Portugal (EU Member State(s) since 1986), Austria, Finland, and Sweden (EU Member State(s) since 1995), Czech Republic, Estonia, Cyprus, Latvia, Lithuania, Hungary, Malta, Poland, Slovakia, and Slovenia (EU Member State(s) since 2004), Romania and Bulgaria (EU Member State(s) since 2007), Croatia (EU Member State(s) since 2013). For more information, please revisit the technical note on bilateral applied tariff (https://wits.worldbank.org/Bilateral-Tariff-Technical-Note.html).

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.

The labour productivity in all industries in Canada decreased by 1.1 chained (2012) dollars per hour (-1.7 percent) since the previous year. Nevertheless, the last two years recorded a significant higher labour productivity than the preceding years.Find more key insights for the labour productivity in all industries in countries and regions like labour productivity in all industries (Northwest Territories), labour productivity in all industries (Ontario), and labour productivity in all industries (Alberta).

This statistic shows the distribution of the gross domestic product (GDP) of Nova Scotia, Canada, in 2021, by industry. In that year, the construction industry accounted for 6.54 percent of the GDP of Nova Scotia.

Annual Provincial and Territorial Gross Domestic Product (GDP) at basic prices, by North American Industry Classification aggregates, in percentage share, in current dollars.

Key information about Canada Total Exports to USA

• Canada Total Exports to USA recorded 40.444 USD bn in Jan 2025, compared with 38.009 USD bn in the previous Dec 2024
• Canada Total Exports to USA data is updated monthly, available from Jan 1988 to Jan 2025, with an averaged value of 23.398 USD bn
• The data reached an all-time high of 41.639 USD bn in Jun 2022 and a record low of 6.715 USD bn in Jan 1988

2019: This report provides a comprehensive summary of the main developments in Canada’s commercial activities during the previous year. It describes the events that took place in the global economy and trade in 2018, the main developments in Canada’s economy and those of its most important partner economies and regions. It reports the developments in Canada’s trade in goods and services, as well as flows and stocks of foreign direct investment and Canadian direct investment abroad. 2020: This report gives Canadians a snapshot of our economic activities in 2019 while recognizing the unprecedented global uncertainty of 2020 amid the COVID-19 pandemic. This report highlights how Canadian innovation and resilience has allowed our businesses to continue to compete in the global marketplace and our government’s commitment to supporting trade through turbulent times. 2021: This report captures the story of the incredible sacrifices made and resilience demonstrated by Canadians and businesses through an unparalleled chapter in our country's history, and charts a path forward as we step into our recovery from the COVID-19 pandemic. 2022 : This report highlights Canada's robust trade and investment recovery, which has displayed remarkable resilience during another challenging year. This year's report focuses on free trade agreements, which will continue to be vital tools for Canadian businesses as they enter this new phase of the post-pandemic recovery.

This table contains 12 series, with data for years 1961 - 2008 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...) Industry, special aggregations (12 items: Business sector industries; Total economy; Business sector goods; Business sector services ...).

The Labour Force Survey provides estimates of employment and unemployment which are among the timeliest and important measures of performance of the Canadian economy. With the release of the survey results only 10 days after the completion of data collection, the LFS estimates are the first of the major monthly economic data series to be released. The Canadian Labour Force Survey was developed following the Second World War to satisfy a need for reliable and timely data on the labour market. Information was urgently required on the massive labour market changes involved in the transition from a war to a peace-time economy. The main objective of the LFS is to divide the working-age population into three mutually exclusive classifications - employed, unemployed, and not in the labour force - and to provide descriptive and explanatory data on each of these. LFS data are used to produce the well-known unemployment rate as well as other standard labour market indicators such as the employment rate and the participation rate. The LFS also provides employment estimates by industry, occupation, public and private sector, hours worked and much more, all cross-classifiable by a variety of demographic characteristics. Estimates are produced for Canada, the provinces, the territories and a large number of sub-provincial regions. For employees, wage rates, union status, job permanency and workplace size are also produced. These data are used by different levels of government for evaluation and planning of employment programs in Canada. Regional unemployment rates are used by Employment and Social Development Canada to determine eligibility, level and duration of insurance benefits for persons living within a particular employment insurance region. The data are also used by labour market analysts, economists, consultants, planners, forecasters and academics in both the private and public sector.This public use microdata file contains non-aggregated data for a wide variety of variables collected from the Labour Force Survey (LFS). It contains both personal characteristics for all individuals in the household and detailed labour force characteristics for household members 15 years of age and over. The personal characteristics include age, sex, marital status, educational attainment, and family characteristics. Detailed labour force characteristics include employment information such as class of worker, usual and actual hours of work, employee hourly and weekly wages, industry and occupation of current or most recent job, public and private sector, union status, paid or unpaid overtime hours, job permanency, hours of work lost, job tenure, and unemployment information such as duration of unemployment, methods of job search and type of job sought. Labour force characteristics are also available for students during the school year and during the summer months as well as school attendance whether full or part-time and the type of institution.LFS revisions: Labour force surveys are revised on a periodic basis, either to adopt the most recent geography, industry and occupation classifications; to use new observations to fine-tune seasonal adjustment factors; or to introduce methodological enhancement. Prior LFS revisions were conducted in 2011, 2015 and 2021. The most recent revisions to the LFS were conducted in 2023. The first major change was a transition to the National Occupational Classification (NOC) 2021 V1.0, with all LFS series from 1987 onwards having been revised to the new classification. The second major change were methodological enhancements to LFS data processing, applied to all LFS series beginning Jan 2006. The third major change was a revision of seasonal adjustment factors, applied to LFS series Jan 2002 onward. A list of prior versions of this LFS dataset can be found under the ‘Versions’ tab.

Canada Actual Hours Worked: sa: Main Job: All Industries data was reported at 673,569.800 Hour in Feb 2025. This records a decrease from the previous number of 682,747.100 Hour for Jan 2025. Canada Actual Hours Worked: sa: Main Job: All Industries data is updated monthly, averaging 510,920.100 Hour from Jan 1976 (Median) to Feb 2025, with 590 observations. The data reached an all-time high of 682,747.100 Hour in Jan 2025 and a record low of 345,270.000 Hour in Jan 1977. Canada Actual Hours Worked: sa: Main Job: All Industries data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.G059: Labour Force Survey: Actual Hours Worked: by Industry: Seasonally Adjusted. [COVID-19-IMPACT]

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

Actual Hours Worked: Main Job: All Industries data was reported at 655,770.700 Hour in Mar 2025. This records a decrease from the previous number of 661,741.500 Hour for Feb 2025. Actual Hours Worked: Main Job: All Industries data is updated monthly, averaging 531,817.700 Hour from Jan 1987 (Median) to Mar 2025, with 459 observations. The data reached an all-time high of 698,327.800 Hour in Jun 2024 and a record low of 372,340.900 Hour in Apr 1987. Actual Hours Worked: Main Job: All Industries data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.G058: Labour Force Survey: Actual Hours Worked: by Industry. [COVID-19-IMPACT]

Annual gross domestic product at basic prices, implicit gross domestic product deflator, and real gross domestic product at basic prices of the environmental and clean technology products sector, per goods and services category, for Canada, provinces and territories.

Norway Exports: Canada: 1-Digit: Miscellaneous Goods data was reported at 0.000 NOK th in Jun 2018. This stayed constant from the previous number of 0.000 NOK th for May 2018. Norway Exports: Canada: 1-Digit: Miscellaneous Goods data is updated monthly, averaging 0.000 NOK th from Jan 1988 (Median) to Jun 2018, with 366 observations. The data reached an all-time high of 304.000 NOK th in Mar 1999 and a record low of 0.000 NOK th in Jun 2018. Norway Exports: Canada: 1-Digit: Miscellaneous Goods data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.JA003: Exports: by SITC 1-Digit and Main Trade Partner.

Canada Usual Hours Worked: Main Job: GP: Manufacturing data was reported at 71,383.700 Hour in Mar 2025. This records a decrease from the previous number of 71,440.500 Hour for Feb 2025. Canada Usual Hours Worked: Main Job: GP: Manufacturing data is updated monthly, averaging 74,227.800 Hour from Jan 1987 (Median) to Mar 2025, with 459 observations. The data reached an all-time high of 95,999.700 Hour in Aug 2002 and a record low of 56,911.900 Hour in Apr 2020. Canada Usual Hours Worked: Main Job: GP: Manufacturing data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.G062: Labour Force Survey: Usual Hours Worked: by Industry. [COVID-19-IMPACT]

The Department of Finance regularly surveys about 15 private sector forecasters for their views on the main economic variables, such as gross domestic product, the unemployment rate and interest rates. The average of private sector forecasts forms the basis for the economic assumptions used for fiscal planning purposes in the budget and the fall update.