The growth rate of the real gross domestic product in Canada decreased by 2.8 percentage points (-73.3 percent) in 2023 in comparison to the previous year. The year 2023 marks a significant change in the growth rate compared to the previous year. Gross domestic product (GDP) growth refers to...
Full Year GDP Growth 1.25 3.82 percent Dec 2023 GDP 2140.09 2161.48 USD Billion Dec 2023 GDP Annual Growth Rate 0.90 0.60 percent Jun 2024 GDP Constant Prices 2378917.00 2366367.00 CAD Million Jun 2024 GDP from Agriculture 42370.00 42221.00 CAD Million Aug 2024 GDP from Construction 160773.00 160282....
Tax Revenue: % of GDP (%) 13.2 Jun 2024 quarterly Mar 1996 - Jun 2024 National Government Debt (USD mn) 1,501,047.3 2024 yearly 1962 - 2024 Government Debt: % of GDP (%) 69.6 2024 yearly 1962 - 2024 Forecast: Government Expenditure (CAD bn) 1,546.047 2029 yearly 1980 - 2029...
August 27, 2024 Understanding the Current Economic Climate in Canada Canada’s economic landscape is shaped by a complex interplay of various indicators, each offering crucial insights into the nation’s financial health. Here’s what every investor should know: Gross Domestic Product (GDP): Canada...
Percentage annual change in Gross Domestic Product (GDP) of Canada in February 2024, by industry IndustryChange in annual GDP4.9%4.9%2.5%2.5%2.3%2.3%2.3%2.3%2.2%2.2%1.8%1.8%1.7%1.7%1.3%1.3%0.7%0.7%0.7%0.7%0.6%0.6%0.5%0.5%0.3%0.3%-0.2%-0.2%-0.7%-0.7%-0.9%-0.9%-1.4%-1.4%-2.8...
GDP from Agriculture 42370.00 42221.00 CAD Million Aug 2024 GDP from Construction 160773.00 160282.00 CAD Million Aug 2024 GDP from Manufacturing 204466.00 206898.00 CAD Million Aug 2024 GDP from Mining 118401.00 117699.00 CAD Million Aug 2024 GDP from Public Administration 168880.00 168122.00 CAD Million ...
GDP (total) $2.3T - 16th in the world GDP (per capita) $59,813 - 28th in the world Human Development Index (HDI) 0.936 - 15th in the world (Sources: statcan.gc.ca, imf.org, hdr.undp.org) From the rugged beauty of the Northwest Territories to the multicultural vibrancy of cities...
Key information about Canada Government Debt: % of GDP Canada Government debt accounted for 69.6 % of the country's Nominal GDP in Mar 2024, compared with the ratio of 67.8 % in the previous year. Canada government debt to GDP ratio data is updated yearly, available from Mar 1962 to ...
The Bank expected GDP growth to "strengthen gradually" over the coming quarters supported by lower interest rates. On the future path of policy, the bank noted that "if the economy evolves broadly in line with our latest forecast, we expect to reduce the policy rate further." However, it ...
half of the year. The Canadian economy is expected to grow in the second half of 2024 at an annual rate of about 1% to 2%, driven in part by the start of operation of the Trans Mountain pipeline and interest rate cuts. Overall GDP growth in 2024 is expected to be slightly above 1%....