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Canada GDP Annual Growth Rate

Last Release
Jun 2020
Actual
-13 %
Forecast
N/A
Previous
-0.9 %
Frequency
Quarterly
Units In
%
Next Release
N/A
Time to Release
N/A
Highest
Lowest
Average
Date Range
Source
9.3 %
Mar 1962
-13 %
Jun 2020
3.04 %1962 - 2020Statistics Canada
In Canada, services account for more than 70 percent of GDP. Within services the most important are: finance, insurance, real estate, rental and leasing and management of companies and enterprises (21 percent of total GDP); retail and wholesale trade (12 percent), health (8 percent) and public administration (6 percent). Manufacturing accounts for 13 percent of the output and construction for 6 percent. Mining and oil and gas extraction constitute only 4 percent of GDP, yet Canada is a net exporter of energy. Finally, agriculture, forestry, fishing and hunting account for 2 percent of output. On the expenditure side, household consumption is the main component of GDP and accounts for 58 percent of its total use, followed by gross fixed capital formation (22 percent) and government expenditure (19 percent). Exports of goods and services account for 32 percent of GDP while imports account for 33 percent, subtracting 1 percent of total GDP. Non-profit institutions serving households' final consumption expenditure and investment in inventories account for the remaining 2 percent.

Canada GDP Annual Growth Rate History

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Canada gdp Indicators

All Canada indicators
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
GDP
1,736.43
Dec 2019
1,716.26
Dec 2018
40.77
Dec 1961
1,842.02
Dec 2013
USD BillionYearly1960 - 2019
GDP Annual Growth Rate
-13
Jun 2020
-0.9
Mar 2020
-13
Jun 2020
9.3
Mar 1962
%Quarterly1962 - 2020
GDP Constant Prices
1,820,369
Jun 2020
2,057,186
Mar 2020
343,577
Mar 1961
2,101,480
Dec 2019
CAD MillionQuarterly1961 - 2020
GDP From Agriculture
41,880
Jun 2020
40,966
Mar 2020
23,668
Jun 1998
41,880
Jun 2020
CAD MillionMonthly1997 - 2020
GDP From Construction
139,420
Jun 2020
138,196
Mar 2020
71,294
Jan 1997
147,533
Nov 2014
CAD MillionMonthly1997 - 2020
GDP From Manufacturing
175,641
Jun 2020
185,841
Mar 2020
162,048
Jun 2009
218,222
Jan 2006
CAD MillionMonthly1997 - 2020

GDP Annual Growth Rate across North America

GDP Annual Growth Rate global view
Country
Last
Previous
Min
Max
Unit
Frequency
Range
Canada
-13
Jun 2020
-0.9
Mar 2020
-13
Jun 2020
9.3
Mar 1962
%Quarterly1962 - 2020
Mexico
-18.7
Jun 2020
-1.3
Mar 2020
-18.7
Jun 2020
9
Dec 1996
%Quarterly1994 - 2020
Puerto Rico
1.5
Dec 2019
-4.3
Dec 2018
-4.3
Dec 2018
13.8
Dec 1971
%Yearly1961 - 2019
United States
-9.1
Jun 2020
0.3
Mar 2020
-9.1
Jun 2020
13.4
Dec 1950
%Quarterly1948 - 2020

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