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Canada GDP Growth Annualized

Last Release
Dec 31, 2023
Actual
1
Units In
%
Previous
-1.1
Frequency
Quarterly
Next Release
May 31, 2024
Time to Release
1 Months 29 Days 10 Hours
Highest
Lowest
Average
Date Range
Source
41.1
Sep 2020
-37.4
Jun 2020
3.05 %1961-2023Statistics Canada
GDP Annualized Growth Rate shows the gdp growth that would be registered if the quarter-on-quarter rate of change were maintained for a full year. 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 Growth Annualized History

Last 12 readings

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