National accounts and Gross Domestic Product
Key indicators
Selected geographical area: Canada
-
0.1%
(quarterly change) -
0.6%
(monthly change)
More national accounts and gross domestic product indicators
Selected geographical area: Canada
-
2.8 million jobs0.8%
(quarterly change)
-
Percentage of total gross domestic product attributable to non-profit institutions - Canada
(Fourth quarter 2023)8.3% -
$18.5 trillion1.4%
(quarterly change)
-
15.00%0.01
(quarterly change)
-
$29.5 billion$2.5 billion
(quarterly change)
-
$16.4 trillion1.8%
(quarterly change)
-
0.2%
(quarterly change)
-
6.2%
-
1.3%
(quarterly change)
-
108.4 (2017=100)
-
$2,522 billion63.8%
(annual change)
-
$2,579 billion (2017 dollars)1.0%
(annual change)
-
$2,754 billion (2017 dollars)2.5%
(annual change)
-
3.8%
(annual change)
-
5.4%
-
7.7%
(annual change)
-
6.84%
-
754,820
-
1,788,569
-
3.6%
(annual change)
-
0.83 US$/CAN$
-
0.77 US$/CAN$
-
0.86 US$/CAN$
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All (8)
All (8) ((8 results))
- Articles and reports: 13-605-X202300100006Description: This article describes the revisions to the Financial Flow Accounts (FFA), the Other Changes in Assets Account (OCAA), and the National Balance Sheet Accounts (NBSA), collectively referred to as the Financial and Wealth Accounts (FWA), introduced as part of the 2023 Comprehensive Revision. These accounts are an integral part of the Canadian System of Macroeconomic Accounts (CSMA). This exercise was conducted to strengthen the overall quality and relevance of the FWA program and to introduce new concepts, methodologies, and classifications as recommended by international standards.Release date: 2023-12-13
- Articles and reports: 13-605-X202300100005Description: This article presents revisions to the Gross Domestic Product (GDP) by Income and by Expenditure from the Income and Expenditure Accounts (IEA) for the 2020 to 2022 period. These revisions were reflected in the 2022 Provincial and Territorial Economic Accounts estimates, released on November 8, 2023.Release date: 2023-11-30
- Articles and reports: 13-605-X202100100005Description:
This article presents revisions to the gross domestic product by income and by expenditure accounts for the 2018-to-2020 period. These revisions were also reflected in the 2020 Provincial and Territorial Economic Accounts estimates, which were released on November 9, 2021.
Release date: 2021-11-30 - Articles and reports: 13-605-X202100100003Description:
COVID-19's impact on the economy was far reaching. Canadian businesses borrowed money form multiple sources to help guide them through the pandemic. Using data derived from the National Economic Accounts Division, Bank of Canada, and International Accounts and Trade Division this paper examines trends observed in the business debt financing market leading up to and during the COVID-19 pandemic.
Release date: 2021-07-26 - Articles and reports: 13-605-X202000100008Description:
This article describes revisions to the Gross Domestic Product (GDP) by Income and by Expenditure Accounts for the 2017 to 2019 period. These data were released at the same time as the 2019 Provincial and Territorial Economic Accounts estimates, which include revisions to the time series. The first two quarters of 2020 are also revised. However, in accordance with standard revision practice, these estimates will continue to be revised during upcoming cycles. Therefore, they are not included in the analysis in this article.
Release date: 2020-12-01 - 6. Purchasing Power Parities and Real Expenditures, United States and Canada - An Update to 1998 ArchivedStats in brief: 13-604-M1999036Description:
Recent economic trends, including expanding globalization of trade (as evidenced by new trade agreements), volatility in market exchange rates, and greater interest in international comparisons of real income and productivity are generating increased interest in intercountry comparisons. These comparisons are made in real terms derived from purchasing power parities (PPPs). In Canada, a particularly important relationship with the United States focusses attention on US/Canada comparative price and volume measures. This article includes updated annual bilateral volume indexes of real gross domestic product (GDP) per capita and its components for the United States, compared with Canada, and the associated PPPs.
Release date: 1999-11-30 - Articles and reports: 52-216-X19970004457Description:
The purpose of this paper is to outline the results of preliminary research into the use of a potentially new economic indicator for Gross Domestic Product (GDP) - railway carloadings.
Release date: 1999-03-24 - Articles and reports: 13-604-M1993025Description:
This article introduces two new tables showing volume indexes of real gross domestic product (GDP) per capita and its components for Canada compared with the United States and the associated purchasing power parities (PPPs). These international comparisons of real expenditures based on PPPs are considered to be a major addition to the tools available for macroeconomic analysis. For example, the recent publication by the International Monetary Fund (IMF) of a set of estimates of different countries' output using PPPs has changed the view of the share of world output that comes from the industrialized countries compared with the developing economies.
An analysis based on PPPs, rather than a more conventional one based on exchange rates, has significantly changed the relative measures of output of countries. Comparisons based on exchange rates are unlikely to fully take into account the differences in price levels between countries (i.e., the goods and services that can be purchased in one country's currency compared with another's). Moreover, services are not generally traded in the way that goods are, so their prices in different countries tend not to be related in a way that parallels the currency exchange rate. If aggregate output is to be properly compared across countries, PPPs become more and more important as the size of the service sector grows.
Economic theory would suggest that for internationally traded domestically produced goods and services, PPPs and exchange rates will tend to equalize in the long run. Exchange rates, however, can fluctuate widely in short periods and are affected by expectations and factors such as deficits, wars, fuel shortages and interest rates. With the calculation of PPPs, actual price level differences can be identified. Such measures are also much more stable over time.
Release date: 1993-11-30
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Analysis (8)
Analysis (8) ((8 results))
- Articles and reports: 13-605-X202300100006Description: This article describes the revisions to the Financial Flow Accounts (FFA), the Other Changes in Assets Account (OCAA), and the National Balance Sheet Accounts (NBSA), collectively referred to as the Financial and Wealth Accounts (FWA), introduced as part of the 2023 Comprehensive Revision. These accounts are an integral part of the Canadian System of Macroeconomic Accounts (CSMA). This exercise was conducted to strengthen the overall quality and relevance of the FWA program and to introduce new concepts, methodologies, and classifications as recommended by international standards.Release date: 2023-12-13
- Articles and reports: 13-605-X202300100005Description: This article presents revisions to the Gross Domestic Product (GDP) by Income and by Expenditure from the Income and Expenditure Accounts (IEA) for the 2020 to 2022 period. These revisions were reflected in the 2022 Provincial and Territorial Economic Accounts estimates, released on November 8, 2023.Release date: 2023-11-30
- Articles and reports: 13-605-X202100100005Description:
This article presents revisions to the gross domestic product by income and by expenditure accounts for the 2018-to-2020 period. These revisions were also reflected in the 2020 Provincial and Territorial Economic Accounts estimates, which were released on November 9, 2021.
Release date: 2021-11-30 - Articles and reports: 13-605-X202100100003Description:
COVID-19's impact on the economy was far reaching. Canadian businesses borrowed money form multiple sources to help guide them through the pandemic. Using data derived from the National Economic Accounts Division, Bank of Canada, and International Accounts and Trade Division this paper examines trends observed in the business debt financing market leading up to and during the COVID-19 pandemic.
Release date: 2021-07-26 - Articles and reports: 13-605-X202000100008Description:
This article describes revisions to the Gross Domestic Product (GDP) by Income and by Expenditure Accounts for the 2017 to 2019 period. These data were released at the same time as the 2019 Provincial and Territorial Economic Accounts estimates, which include revisions to the time series. The first two quarters of 2020 are also revised. However, in accordance with standard revision practice, these estimates will continue to be revised during upcoming cycles. Therefore, they are not included in the analysis in this article.
Release date: 2020-12-01 - 6. Purchasing Power Parities and Real Expenditures, United States and Canada - An Update to 1998 ArchivedStats in brief: 13-604-M1999036Description:
Recent economic trends, including expanding globalization of trade (as evidenced by new trade agreements), volatility in market exchange rates, and greater interest in international comparisons of real income and productivity are generating increased interest in intercountry comparisons. These comparisons are made in real terms derived from purchasing power parities (PPPs). In Canada, a particularly important relationship with the United States focusses attention on US/Canada comparative price and volume measures. This article includes updated annual bilateral volume indexes of real gross domestic product (GDP) per capita and its components for the United States, compared with Canada, and the associated PPPs.
Release date: 1999-11-30 - Articles and reports: 52-216-X19970004457Description:
The purpose of this paper is to outline the results of preliminary research into the use of a potentially new economic indicator for Gross Domestic Product (GDP) - railway carloadings.
Release date: 1999-03-24 - Articles and reports: 13-604-M1993025Description:
This article introduces two new tables showing volume indexes of real gross domestic product (GDP) per capita and its components for Canada compared with the United States and the associated purchasing power parities (PPPs). These international comparisons of real expenditures based on PPPs are considered to be a major addition to the tools available for macroeconomic analysis. For example, the recent publication by the International Monetary Fund (IMF) of a set of estimates of different countries' output using PPPs has changed the view of the share of world output that comes from the industrialized countries compared with the developing economies.
An analysis based on PPPs, rather than a more conventional one based on exchange rates, has significantly changed the relative measures of output of countries. Comparisons based on exchange rates are unlikely to fully take into account the differences in price levels between countries (i.e., the goods and services that can be purchased in one country's currency compared with another's). Moreover, services are not generally traded in the way that goods are, so their prices in different countries tend not to be related in a way that parallels the currency exchange rate. If aggregate output is to be properly compared across countries, PPPs become more and more important as the size of the service sector grows.
Economic theory would suggest that for internationally traded domestically produced goods and services, PPPs and exchange rates will tend to equalize in the long run. Exchange rates, however, can fluctuate widely in short periods and are affected by expectations and factors such as deficits, wars, fuel shortages and interest rates. With the calculation of PPPs, actual price level differences can be identified. Such measures are also much more stable over time.
Release date: 1993-11-30
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