The statistic shows the total population in Canada from 2019 to 2023, with projections up until 2029. In 2023, the total population in Canada amounted to about 39.97 million inhabitants. Population of Canada Canada ranks second among the largest countries in the world in terms of area size, right behind Russia, despite having a relatively low total population. The reason for this is that most of Canada remains uninhabited due to inhospitable conditions. Approximately 90 percent of all Canadians live within about 160 km of the U.S. border because of better living conditions and larger cities. On a year to year basis, Canada’s total population has continued to increase, although not dramatically. Population growth as of 2012 has amounted to its highest values in the past decade, reaching a peak in 2009, but was unstable and constantly fluctuating. Simultaneously, Canada’s fertility rate dropped slightly between 2009 and 2011, after experiencing a decade high birth rate in 2008. Standard of living in Canada has remained stable and has kept the country as one of the top 20 countries with the highest Human Development Index rating. The Human Development Index (HDI) measures quality of life based on several indicators, such as life expectancy at birth, literacy rate, education levels and gross national income per capita. Canada has a relatively high life expectancy compared to many other international countries, earning a spot in the top 20 countries and beating out countries such as the United States and the UK. From an economic standpoint, Canada has been slowly recovering from the 2008 financial crisis. Unemployment has gradually decreased, after reaching a decade high in 2009. Additionally, GDP has dramatically increased since 2009 and is expected to continue to increase for the next several years.

The Africa Population (Live) counter shows a continuously updated estimate of the current population of Africa delivered by Worldometer's RTS algorithm, which processes data collected from the United Nations Population Division. From https://www.worldometers.info/world-population/africa-population/

Key information about Canada population

• The Canada population reached 41.3 million people in Jun 2024, compared with the previously reported figure of 40.1 million people in Jun 2023
• The data reached an all-time high of 41.3 million people in Jun 2024 and a record low of 14.0 million people in Jun 1950

CEIC extends history for annual Population. Statistics Canada provides Mid-year Population. Postcensal estimates, which are based on the latest Census counts adjusted for Census Net Undercoverage (CNU), including adjustment for Incompletely Enumerated Indian Reserves (IEIR) and the components of demographic growth that occurred since that census. Intercensal estimates are produced using counts from two consecutive censuses adjusted for CNU (including (IEIR) and postcensal estimates) Population prior to 1971 is sourced from the U.S. Census Bureau. Population is in annual frequency, ending in June of each year.


Further information about Canada population data

• In the latest reports, Canada Unemployment Rate increased to 6.6 % in Aug 2024
• Monthly earnings of the Canada population was 3,656.6 USD in Jun 2024
• Canada Labour Force Participation Rate increased to 66.2 % in Aug 2024

According to Cognitive Market Research, the global Watch And Clocks market size will be USD 54251.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 6.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 21700.64 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 16275.48 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 12477.87 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 2712.58 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 1085.03 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
The Sport Watches Type held the highest Watch And Clocks market revenue share in 2024.

Market Dynamics of Watch And Clocks Market

Key Drivers for Watch And Clocks Market

Rising Disposable Incomes to Increase the Demand Globally

Rising disposable incomes are a significant driver of the Watch and Clocks Market as they enable consumers to spend more on non-essential and luxury items. Increased financial stability allows individuals to invest in high-quality, stylish, and technologically advanced timepieces. This trend is particularly evident in emerging markets where growing middle-class populations are seeking premium and fashion-forward watches. Higher disposable incomes also fuel demand for smartwatches, which combine functionality with luxury. As consumers’ purchasing power increases, they are more likely to invest in both traditional and innovative timekeeping devices, contributing to the market’s overall growth. Additionally, this financial empowerment supports spending on brand-name watches and exclusive collections, further driving market expansion.

Expanding urban areas to Propel Market Growth

Expanding urban areas globally are driving the Watch and Clocks Market due to increased consumer access and changing lifestyles. Urbanization brings higher population densities, leading to greater demand for both traditional and smart timepieces. As cities grow, they often feature enhanced retail infrastructures, including more high-end and specialty stores, making watches more accessible to a broader audience. Urban areas also foster higher disposable incomes and diverse consumer preferences, stimulating demand for fashionable and technologically advanced watches. Additionally, urban dwellers are often more inclined to invest in luxury items and innovative gadgets, contributing to market growth. The urban trend of adopting new technologies and fashion trends further drives the market as consumers seek to stay updated with contemporary timekeeping solutions.

Restraint Factor for the Watch And Clocks Market

Economic instability can reduce consumer spending to Limit the Sales

Economic instability can significantly reduce consumer spending, thereby restraining the Watch and Clocks Market. During periods of economic downturn, individuals and households often face financial uncertainties, leading to tightened budgets and prioritization of essential expenses over luxury items. Watches, especially high-end and luxury timepieces, are often considered non-essential and are therefore more vulnerable to cuts in discretionary spending. Reduced consumer confidence and lower disposable incomes can lead to decreased demand for both traditional and smart watches. Additionally, businesses may experience slower sales and reduced profitability, affecting their ability to invest in new product lines and marketing strategies. Overall, economic instability creates a challenging environment for the watch market, impacting both consumer purchasing behavior and market growth.

Impact of Covid-19 on the Watch And Clocks Market

The COVID-19 pandemic significantly impacted the Watch and Clocks Market by disrupting global supply chains and reducing consumer spending. Lockdowns and restrictions led to temporary store closures and delays in productio...

Chart and table of population level and growth rate for the Toronto, Canada metro area from 1950 to 2025. United Nations population projections are also included through the year 2035.

Niger had the highest birth rate in the world in 2024, with a birth rate of 46.6 births per 1,000 inhabitants. Angola, Benin, Mali, and Uganda followed. Except for Afghanistan, all the 20 countries with the highest birth rates in the world were located in Sub-Saharan Africa. High infant mortality The reasons behind the high birth rates in many Sub-Saharan African countries are manyfold, but a major reason is that infant mortality remains high on the continent, despite decreasing steadily over the past decades, resulting in high birth rates to counter death rates. Moreover, many nations in Sub-Saharan Africa are highly reliant on small-scale farming, meaning that more hands are of importance. Additionally, polygamy is not uncommon in the region, and having many children is often seen as a symbol of status. Fastest growing populations As the high fertility rates coincide with decreasing death rates, countries in Sub-Saharan Africa have the highest population growth rates in the world. As a result, with Africa's population forecast to increase from 1.4 billion in 2022 to over 3.9 billion by 2100.

With over 470 million dogs kept as pets worldwide, dogs came out on top as the leading type of pet in 2018. Within the same year, there were roughly 370 million pet cats in the world.

Pets in the European Union

While dogs were globally speaking the most common type of pet, cats were more common in the European Union in 2018. Roughly 75 million people within this region had a pet cat in 2018, compared to the 65 million pet dogs. That year, Germany had about nine and a half million pet dogs, making it the country with the highest number within the European Union. Other top dog-loving countries included the United Kingdom, Poland, and France.

Other pets in Germany

Besides cats and dogs, Germans had many other household pets in 2018. About five and a half million small pets, such as hamsters and rabbits, were kept by Germans that year. Additionally, about two million households in Germany owned an aquarium and roughly one and a half million households owned a garden pond.

This statistic shows the revenue of the industry “manufacture of watches and clocks“ in Portugal from 2012 to 2018, with a forecast to 2025. It is projected that the revenue of manufacture of watches and clocks in Portugal will amount to approximately 18.43 million U.S. Dollars by 2025. This statistic was automatically created using the well-proven Statista forecast algorithm based on similarity parameters to existing analyst forecasts. The basis for the original forecasts is a combination of time series forecasts, driver forecasts (GDP, population etc.) from sources such as World Bank or the International Monetary Fund and business surveys.