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The United States GDP was $24.8 trillion in 2021. [4] The United States has the largest economy globally and Canada ranks 9th at US$2.015 trillion. [5] The US share of the global market economy estimated at US$79.98 trillion, was c. 25% in 2018, which is down from 35% in 2005. [6]
Canada's real estate market is the backbone of the economy, comprising over 13% of the GDP by sector in 2020. In 2021, housing investment accounted for 21% of national wealth. [ 103 ] The commoditization of shelter in Canada is thought to undermine free-market capitalism by strictly controlling the demand and supply of housing in order produce ...
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.)
By 2000, the United States had established a US$8,000 lead over Canada. The situation deteriorated further after a 2014-15 shock in oil prices, with Canadian per-capita real GDP growing at just 0.4% annually, compared to the 1.4% average of surveyed advanced economies. [7]
Canadian GDP data for April is due on Wednesday and the U.S. employment report is due on Friday. ... The Canadian dollar has pulled back from a six-year high near 1.2000 per U.S. dollar earlier ...
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.
In 2021, the Canadian Institute for Health Information reported that healthcare spending reached $308 billion, or 12.7 percent of Canada's GDP for that year. [343] In 2022, Canada's per-capita spending on health expenditures ranked 12th among health-care systems in the OECD . [ 344 ]
This is an alphabetical list of countries by past and projected Gross Domestic Product, based on the Purchasing Power Parity (PPP) methodology, not on market exchange rates. These figures have been taken from the International Monetary Fund's World Economic Outlook (WEO) Database, October 2024 Edition. [ 1 ]