Gross domestic product by industry: Provinces and territories, 2022

Gross domestic product for most jurisdictions in Canada now above pre-pandemic level

Real gross domestic product (GDP) rose in every province and territory except Newfoundland and Labrador in 2022. Most jurisdictions saw a deceleration from the pandemic recovery-fueled growth observed in 2021 with notable exceptions in the Prairie provinces, as Manitoba, Saskatchewan and Alberta all had higher growth than the previous year. Services-producing industries were buoyed by the removal of remaining COVID-19-related restrictions at the same time as improved growing conditions supported a rebound in agriculture for many regions. Overall, economic activity surpassed 2019 levels for all provinces and territories except Newfoundland and Labrador, Saskatchewan, and Northwest Territories.

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