Table 6
Real gross domestic product by expenditure account, year-over-year change – Seasonally adjusted at annual rates, chained (2017) dollars
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| year-over-year % change | year-over-year % change | year-over-year % change | year-over-year % change | year-over-year % change | year-over-year % change | millions of dollars | millions of dollars | |
| Final consumption expenditure | 2.8 | 1.5 | -4.2 | 5.2 | 4.5 | 1.7 | 1,849,390 | 1,879,925 |
| Household final consumption expenditure | 2.6 | 1.5 | -6.4 | 5.2 | 5.1 | 1.7 | 1,304,163 | 1,326,565 |
| Non-profit institutions serving households' final consumption expenditure | 2.7 | 3.2 | 0.4 | 1.0 | 4.3 | 1.6 | 35,736 | 36,321 |
| General governments final consumption expenditure | 3.1 | 1.1 | 1.3 | 5.4 | 3.2 | 1.5 | 508,777 | 516,319 |
| Gross fixed capital formation | 2.4 | 0.8 | -3.8 | 9.3 | -2.4 | -3.2 | 514,778 | 498,557 |
| Business gross fixed capital formation | 2.3 | 1.6 | -5.0 | 11.2 | -3.5 | -4.8 | 424,413 | 403,880 |
| Residential structures | -1.2 | -0.8 | 2.9 | 14.6 | -12.1 | -10.2 | 168,110 | 150,947 |
| Non-residential structures, machinery and equipment | 3.3 | 3.2 | -12.3 | 8.7 | 4.0 | -0.7 | 205,883 | 204,514 |
| Intellectual property products | 12.5 | 3.7 | -0.4 | 10.8 | 6.0 | -0.5 | 54,464 | 54,213 |
| General governments gross fixed capital formation | 2.6 | -3.0 | 2.2 | 0.1 | 4.2 | 5.5 | 88,138 | 93,024 |
| Investment in inventories (millions of dollars) | 3,413 | -4,104 | -27,796 | 14,628 | 50,865 | -21,435 | 55,290 | 33,855 |
| Exports of goods and services | 3.6 | 2.3 | -9.0 | 2.7 | 3.2 | 5.7 | 688,344 | 727,751 |
| Less: imports of goods and services | 3.5 | -0.1 | -9.4 | 8.1 | 7.6 | 1.0 | 785,120 | 793,206 |
| Statistical discrepancy (millions of dollars) | 891 | 55 | 70 | 189 | 162 | 206 | 555 | 761 |
| Gross domestic product at market prices | 2.7 | 1.9 | -5.0 | 5.3 | 3.8 | 1.1 | 2,326,537 | 2,351,337 |
| Final domestic demand | 2.7 | 1.3 | -4.1 | 6.1 | 2.8 | 0.5 | 2,361,278 | 2,373,206 |
Source(s):
Table 36-10-0104-01.
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