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World map with CANZUK nations shaded. CANZUK is an acronym for a proposed alliance comprising Canada, Australia, New Zealand and the United Kingdom as part of an international organisation or confederation similar in scope to the former European Economic Community. [1]
While Canada's ten provinces and three territories exhibit high per capita GDPs, there is wide variation among them. Ontario , the country's most populous province, is a major manufacturing and trade hub with extensive linkages to the northeastern and midwestern United States .
The first set of data on the left columns of the table includes estimates for the year 2023 made for each economy of the 196 economies (189 U.N. member states and 7 areas of Aruba, Hong Kong, Kosovo, Macau, Palestine, Puerto Rico, and Taiwan) covered by the International Monetary Fund (IMF)'s International Financial Statistics (IFS) database ...
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.
Australia and Canada have a longstanding relationship fostered by both countries' shared history and culture as well as the links between residents of the countries. The two countries are former British Dominions and have a common head of state in King Charles III (legally, the King is equally and separately the sovereign of both countries, as King of Australia and King of Canada).
Australia: Australia and New Zealand: High income 32.91% 2022 2.68 2018 2.765 2018 4.3 2020 Austria: Western Europe: High income 34.19% 2022 1.89 2022 2.765 2021 3.5 2021 Azerbaijan: Western Asia: Upper middle income 42.87% 2022 6.14 2018 4.848 2005 Burundi: Eastern Africa: Low income 48.39% 2022 2.76 2014 2.876 2020 Belgium
For change of GDP per capita over time as a measure of economic growth, see real GDP growth and real GDP per capita growth. Non-sovereign entities (the world, continents, and some dependent territories ) and states with limited international recognition are included in the list in cases in which they appear in the sources.
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] In 2021, Canadian trade in goods and services reached $2.016 trillion. [37]