Quarterly expenditure-based, gross domestic product, Canada, in chained (2017) and current dollars.

The Gross Domestic Product (GDP) in Canada expanded 0.50 percent in the first quarter of 2025 over the previous quarter. This dataset provides - Canada GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Graph and download economic data for Real Gross Domestic Product for Canada (NGDPRSAXDCCAQ) from Q1 1961 to Q1 2025 about Canada, real, and GDP.

Quarterly income-based gross domestic product, Canada.

Key information about Canada Nominal GDP Growth

• Canada Nominal GDP Growth was reported at 4.311 % in Sep 2024.
• This records a decrease from the previous number of 5.115 % for Jun 2024.
• Canada Nominal GDP Growth data is updated quarterly, averaging 6.510 % from Mar 1958 to Sep 2024, with 267 observations.
• The data reached an all-time high of 23.418 % in Jun 2021 and a record low of -12.831 % in Jun 2020.
• Canada Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly: Seasonally Adjusted.

CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. Statistics Canada provides Nominal GDP in local currency. Nominal GDP prior to Q1 1962 is sourced from the International Monetary Fund.

GDP Growth Annualized in Canada increased to 2.20 percent in the first quarter of 2025 from 2.10 percent in the fourth quarter of 2024. This dataset provides - Canada Gdp Growth Annualized - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Canada expanded 2.30 percent in the first quarter of 2025 over the same quarter of the previous year. This dataset provides - Canada GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

CEIC calculates Real GDP Growth from quarterly Real GDP. Statistics Canada provides Real GDP in local currency, at chain linked 2012 prices.


Related information about Canada Real GDP Growth

• 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.

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Canada (CANGDPRQPSMEI) from Q1 1962 to Q1 2025 about Canada, real, GDP, and rate.

GDP: Seasonally Adjusted data was reported at 783,644.000 CAD mn in Dec 2024. This records an increase from the previous number of 771,495.000 CAD mn for Sep 2024. GDP: Seasonally Adjusted data is updated quarterly, averaging 368,179.500 CAD mn from Mar 1987 (Median) to Dec 2024, with 152 observations. The data reached an all-time high of 783,644.000 CAD mn in Dec 2024 and a record low of 138,121.000 CAD mn in Mar 1987. GDP: Seasonally Adjusted 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.GEM: Gross Domestic Products: Nominal: Quarterly.

Graph and download economic data for Nominal Gross Domestic Product for Canada (NGDPSAXDCCAQ) from Q1 1961 to Q4 2024 about Canada and GDP.

GDP: Government Consumption Expenditure data was reported at 172,249.000 CAD mn in Dec 2024. This records an increase from the previous number of 164,731.000 CAD mn for Sep 2024. GDP: Government Consumption Expenditure data is updated quarterly, averaging 43,030.500 CAD mn from Mar 1961 (Median) to Dec 2024, with 256 observations. The data reached an all-time high of 172,249.000 CAD mn in Dec 2024 and a record low of 1,522.000 CAD mn in Jun 1961. GDP: Government Consumption Expenditure 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.MEI: Gross Domestic Product: OECD Member: Quarterly.

This table contains 232 series, with data for years 1961 - 2012 (not all combinations necessarily have data for all years), and was last released on 2012-10-01. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), Prices (5 items: Current prices;Contributions to percent change;Chained (2002) dollars ...), Seasonal adjustment (2 items: Unadjusted;Seasonally adjusted at annual rates ...), Expenditure-based estimates (33 items: Gross domestic product (GDP) at market prices;Personal expenditure on consumer goods and services;Personal expenditure on durable goods;Personal expenditure on semi-durable goods ...).

Graph and download economic data for Gross Domestic Product Deflator for Canada (NGDPDSAIXCAQ) from Q1 1961 to Q1 2025 about Canada and GDP.

Quarterly fixed-weighted price and implicit price indexes and contributions to percent change in implicit price indexes for expenditure-based gross domestic product, Canada, 2017 = 100.

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.

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Less: Imports of Goods and Services for Canada (NAEXKP07CAQ661S) from Q1 1961 to Q3 2023 about Canada, imports, goods, services, real, and GDP.

GDP: Deflator: sa: Exports of Goods and Services data was reported at 135.997 2015=100 in Dec 2024. This records an increase from the previous number of 133.972 2015=100 for Sep 2024. GDP: Deflator: sa: Exports of Goods and Services data is updated quarterly, averaging 70.066 2015=100 from Mar 1961 (Median) to Dec 2024, with 256 observations. The data reached an all-time high of 142.785 2015=100 in Jun 2022 and a record low of 15.052 2015=100 in Mar 1961. GDP: Deflator: sa: Exports of Goods and Services 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.MEI: Gross Domestic Product: GDP Deflator: Seasonally Adjusted: OECD Member: Quarterly.

Canada GDP Nowcast: saar: YoY: Next Quarter data was reported at 1.949 % in 12 May 2025. This records an increase from the previous number of 1.857 % for 05 May 2025. Canada GDP Nowcast: saar: YoY: Next Quarter data is updated weekly, averaging 2.363 % from Jan 2019 (Median) to 12 May 2025, with 332 observations. The data reached an all-time high of 9.489 % in 28 Jun 2021 and a record low of -8.491 % in 24 Aug 2020. Canada GDP Nowcast: saar: YoY: Next Quarter data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s Canada – Table CA.CEIC.NC: CEIC Nowcast: Gross Domestic Product (GDP).