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A table listing total GDP (expenditure-based), share of Canadian GDP, population, and per capita GDP in 2022. 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.)
US$122.9 billion (July 2024) [31][32] All values, unless otherwise stated, are in US dollars. The economy of Canada is a highly developed mixed economy, [33][34][35] with the world's tenth-largest economy as of 2023, and a nominal GDP of approximately US$ 2.117 trillion. [6] Canada is one of the world's largest trading nations, with a highly ...
This article compares the economies of Canada and the United States based on GDP, debt-to-GDP ratio, inflation, unemployment, public debt, taxation, and purchasing power parity. In 2023 the population of Canada was 39,566,248 (Q1, 2023) [1] compared to 36,991,981 in 2021 [2] while the population of the United States was 333,287,557 in 2022, [3 ...
The eight major pass-through economies—the Netherlands, Luxembourg, Hong Kong SAR, the British Virgin Islands, Bermuda, the Cayman Islands, Ireland, and Singapore—host more than 85 percent of the world’s investment in special purpose entities, which are often set up for tax reasons.
A country's gross domestic product (GDP) at purchasing power parity (PPP) per capita is the PPP value of all final goods and services produced within an economy in a given year, divided by the average (or mid-year) population for the same year. This is similar to nominal GDP per capita but adjusted for the cost of living in each country.
Canada has one of the highest per-capita immigration rates in the world, [330] driven mainly by economic policy and family reunification. [331] [332] A record 405,000 immigrants were admitted in 2021. [333] Canada leads the world in refugee resettlement; it resettled more than 47,600 in 2022. [334]
Based on life expectancy, education, and per capita income of 187 countries. Note: Norway has been ranked the highest sixteen times, Canada eight times, Japan and Iceland twice and Switzerland once. See Human Development Index#Past top countries. See also List of Canadian provinces and territories by Human Development Index: 2022
GDP comparisons using PPP are arguably more useful than those using nominal GDP when assessing the domestic market of a state because PPP takes into account the relative cost of local goods, services and inflation rates of the country, rather than using international market exchange rates, which may distort the real differences in per capita ...