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Canada gdp for 2022 was $2,161.48B, a 7.67% increase from 2021. Canada gdp for 2021 was $2,007.47B , a 21.25% increase from 2020. Canada gdp for 2020 was $1,655.68B , a 5.05% decline from 2019.
Real gross domestic product (GDP) edged up 0.2% in the fourth quarter of 2023, following a 0.1% decline in the third quarter. In the fourth quarter, higher exports and reduced imports fuelled GDP growth, but this was moderated by a decline in business investment.
The economy of Canada is a highly developed mixed economy, [33][34][35] with the world's ninth-largest economy as of 2024, and a nominal GDP of approximately US$ 2.117 trillion. [6] Canada is one of the world's largest trading nations, with a highly globalized economy. [36]
As one of the top 20 countries with the largest GDP worldwide, Canada plays a significant role in the global economy. In 2023, their GDP amounted to more than two trillion U.S. dollars....
Real gross domestic product (GDP) increased 0.4% in the first quarter, after posting no change in the fourth quarter of 2023 (revised down from 0.2%). In the first quarter of 2024, higher household spending on services was the top contributor to the increase in GDP, while slower inventory accumulations moderated overall growth. Chart 1.
Real gross domestic product expanded in the second quarter. Real gross domestic product (GDP) rose 0.5% in the second quarter after advancing 0.4% in the first. Higher government spending supported the headline gain, while lower export volumes and investment in housing detracted from growth.
Graph and download economic data for Real Gross Domestic Product for Canada (NGDPRSAXDCCAQ) from Q1 1961 to Q2 2024 about Canada, real, and GDP.
The Gross Domestic Product (GDP) in Canada was worth 2140.09 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Canada represents 2.03 percent of the world economy.
The National Gross Domestic Product (GDP) by Income and by Expenditure Accounts give a comprehensive statistical picture of Canadian economic developments. The national gross domestic product by income and by expenditure is at the centre of macroeconomic analysis and policy-making in Canada. Data release - August 30, 2024. Description.
The GDP figure in the third quarter of 2023 was $456,995 million, leaving Canada placed 9th in the ranking of quarterly GDP of the 53 countries that we publish. Canada has a quarterly GDP per capita, of $12,774, less than the same period last year, when it was $14,147 .