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The economy of Canada is a highly developed mixed economy, [33] [34] [35] the world's ninth-largest as of 2024, and a nominal GDP of approximately US$2.117 trillion. [6] Canada is one of the world's largest trading nations , with a highly globalized economy. [ 36 ]
A table listing total GDP (expenditure-based), share of Canadian GDP, population, and per capita GDP in 2023. For illustrative purposes, market income (total income less government transfers) [1] per capita from tax returns is included. (The per capita, rather than per tax filer, measure is chosen for comparability with GDP per capita.)
Canada’s economy contracted in April amid COVID-19 restrictions. Statistics Canada says the 0.3 per cent GDP decline follows 11 straight monthly increases.
This article lists countries alphabetically, with total government expenditure as percentage of Gross domestic product (GDP) for the listed countries. Also stated is the government revenue and net lending/borrowing of the government as percentage of GDP. All Data is based on the World Economic Outlook Databook of the International Monetary Fund.
Canada's GDP grew at the fastest pace in a year between April and June. The data comes ahead of Bank of Canada meeting next week. Gross domestic product expanded at an annualized pace of 2.9% from ...
Canada's economy grew at an annualized rate of 3.3% in the second quarter, Statistics Canada said, short of the Bank of Canada's forecast for 4.0% and well below analyst forecasts of 4.4%. Real ...
Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. [2] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.
Canada's economy would shrink by about 4.5% by 2021 if a global slowdown became more pronounced because of a higher than expected degree of uncertainty, the Bank of Canada said in a scenario ...