Canada Forecast: Real GDP Growth
1980 - 2026 | Yearly | % | International Monetary Fund
Key information about Canada`s Forecast: Real GDP Growth
- Canada Real GDP Growth is forecasted to be 5.688 % in Dec 2021 as reported by International Monetary Fund.
- It records an increase from the last reported number of -5.313 % in Dec 2020.
- Looking ahead, Canada Real GDP Growth is projected to stand at 1.550 % in Dec 2026.
- The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Gross Domestic Product: Constant Prices: YoY.
View Canada's Forecast: Real GDP Growth from 1980 to 2026 in the chart:
What is Canada's Forecast: Real GDP Growth in 2026?
Canada Real GDP Growth is forecasted to be 5.688 % in Dec 2021 as reported by International Monetary Fund. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 1.550 2026 | 1.426 2025 | -5.313 2020 | 5.908 1984 | % | yearly | 1980 - 2026 |
Forecast: Real GDP Growth by Country Comparison
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Includes Forecast: Real GDP Growth on 194 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (%) | -2.351 2020 | yearly | 2003 - 2020 |
| Albania (%) | 3.479 2026 | yearly | 1980 - 2026 |
| Algeria (%) | 0.132 2026 | yearly | 1980 - 2026 |
| Angola (%) | 3.654 2026 | yearly | 1980 - 2026 |
| Antigua and Barbuda (%) | 2.697 2026 | yearly | 1980 - 2026 |
| Argentina (%) | 1.836 2026 | yearly | 1980 - 2026 |
| Armenia (%) | 4.000 2026 | yearly | 1993 - 2026 |
| Aruba (%) | 1.100 2025 | yearly | 1996 - 2025 |
| Australia (%) | 2.598 2026 | yearly | 1980 - 2026 |
| Austria (%) | 1.800 2026 | yearly | 1980 - 2026 |
| Azerbaijan (%) | 1.750 2026 | yearly | 1993 - 2026 |
| Bahamas (%) | 1.497 2026 | yearly | 1980 - 2026 |
| Bahrain (%) | 3.099 2026 | yearly | 1980 - 2026 |
| Bangladesh (%) | 9.531 2021 | yearly | 1980 - 2021 |
| Barbados (%) | 1.840 2026 | yearly | 1980 - 2026 |
| Belarus (%) | 1.319 2026 | yearly | 1993 - 2026 |
| Belgium (%) | 1.347 2026 | yearly | 1980 - 2026 |
| Belize (%) | 2.000 2026 | yearly | 1980 - 2026 |
| Benin (%) | 6.456 2026 | yearly | 1980 - 2026 |
| Bhutan (%) | 5.753 2026 | yearly | 1980 - 2026 |
| Bolivia (%) | 3.400 2026 | yearly | 1980 - 2026 |
| Bosnia and Herzegovina (%) | 3.000 2026 | yearly | 1997 - 2026 |
| Botswana (%) | 3.994 2026 | yearly | 1980 - 2026 |
| Brazil (%) | 2.129 2026 | yearly | 1980 - 2026 |
| Brunei (%) | 2.068 2026 | yearly | 1986 - 2026 |
| Bulgaria (%) | 2.840 2026 | yearly | 1980 - 2026 |
| Burkina Faso (%) | 5.310 2026 | yearly | 1980 - 2026 |
| Burundi (%) | 4.840 2026 | yearly | 1980 - 2026 |
| Cambodia (%) | 6.570 2026 | yearly | 1988 - 2026 |
| Cameroon (%) | 5.557 2026 | yearly | 1980 - 2026 |
| Canada (%) | 1.550 2026 | yearly | 1980 - 2026 |
| Cape Verde (%) | 6.194 2026 | yearly | 1980 - 2026 |
| Central African Republic (%) | 4.883 2026 | yearly | 1980 - 2026 |
| Chad (%) | 3.803 2026 | yearly | 1980 - 2026 |
| Chile (%) | 2.490 2026 | yearly | 1980 - 2026 |
| China (%) | 4.934 2026 | yearly | 1980 - 2026 |
| Colombia (%) | 3.500 2026 | yearly | 1980 - 2026 |
| Comoros (%) | 4.400 2026 | yearly | 1980 - 2026 |
| Congo (%) | 0.738 2026 | yearly | 1980 - 2026 |
| Costa Rica (%) | 3.300 2026 | yearly | 1980 - 2026 |
| Croatia (%) | 3.100 2026 | yearly | 1993 - 2026 |
| Cyprus (%) | 2.593 2026 | yearly | 1980 - 2026 |
| Czech Republic (%) | 2.500 2026 | yearly | 1996 - 2026 |
| Democratic Republic of Congo (%) | 5.444 2026 | yearly | 1980 - 2026 |
| Denmark (%) | 1.800 2026 | yearly | 1980 - 2026 |
| Djibouti (%) | 6.000 2026 | yearly | 1992 - 2026 |
| Dominica (%) | 2.538 2026 | yearly | 1980 - 2026 |
| Dominican Republic (%) | 4.950 2026 | yearly | 1980 - 2026 |
| Ecuador (%) | 2.753 2026 | yearly | 1980 - 2026 |
| Egypt (%) | 5.776 2026 | yearly | 1980 - 2026 |
| El Salvador (%) | 1.800 2026 | yearly | 1980 - 2026 |
| Equatorial Guinea (%) | -2.150 2026 | yearly | 1980 - 2026 |
| Eritrea (%) | 3.902 2026 | yearly | 1993 - 2026 |
| Estonia (%) | 3.200 2026 | yearly | 1994 - 2026 |
| Swaziland (%) | 2.167 2026 | yearly | 1980 - 2026 |
| Ethiopia (%) | 1.989 2021 | yearly | 1980 - 2021 |
| Fiji (%) | 3.360 2026 | yearly | 1980 - 2026 |
| Finland (%) | 1.285 2026 | yearly | 1980 - 2026 |
| France (%) | 1.377 2026 | yearly | 1980 - 2026 |
| Gabon (%) | 3.514 2026 | yearly | 1981 - 2026 |
| Gambia (%) | 5.593 2026 | yearly | 1980 - 2026 |
| Georgia (%) | 5.201 2026 | yearly | 1995 - 2026 |
| Germany (%) | 1.122 2026 | yearly | 1980 - 2026 |
| Ghana (%) | 5.153 2026 | yearly | 1980 - 2026 |
| Greece (%) | 1.254 2026 | yearly | 1980 - 2026 |
| Grenada (%) | 2.784 2026 | yearly | 1980 - 2026 |
| Guatemala (%) | 3.500 2026 | yearly | 1980 - 2026 |
| Guinea (%) | 5.416 2026 | yearly | 1980 - 2026 |
| Guinea-Bissau (%) | 5.000 2026 | yearly | 1981 - 2026 |
| Guyana (%) | 3.741 2026 | yearly | 1980 - 2026 |
| Haiti (%) | 1.400 2026 | yearly | 1980 - 2026 |
| Honduras (%) | 3.940 2026 | yearly | 1980 - 2026 |
| Hong Kong SAR, China (%) | 2.841 2026 | yearly | 1980 - 2026 |
| Hungary (%) | 2.600 2026 | yearly | 1980 - 2026 |
| Iceland (%) | 2.254 2026 | yearly | 1980 - 2026 |
| India (%) | 6.078 2027 | yearly | 1981 - 2027 |
| Indonesia (%) | 5.219 2026 | yearly | 1980 - 2026 |
| Iran (%) | 1.996 2027 | yearly | 1981 - 2027 |
| Iraq (%) | 3.088 2026 | yearly | 1999 - 2026 |
| Ireland (%) | 2.858 2026 | yearly | 1980 - 2026 |
| Israel (%) | 3.206 2026 | yearly | 1980 - 2026 |
| Italy (%) | 0.971 2026 | yearly | 1980 - 2026 |
| Ivory Coast (%) | 6.000 2026 | yearly | 1980 - 2026 |
| Jamaica (%) | 1.618 2026 | yearly | 1980 - 2026 |
| Japan (%) | 0.493 2026 | yearly | 1980 - 2026 |
| Jordan (%) | 3.300 2026 | yearly | 1980 - 2026 |
| Kazakhstan (%) | 3.903 2026 | yearly | 1993 - 2026 |
| Kenya (%) | 5.515 2026 | yearly | 1980 - 2026 |
| Kiribati (%) | 1.971 2026 | yearly | 1980 - 2026 |
| South Korea (%) | 2.378 2026 | yearly | 1980 - 2026 |
| Kosovo (%) | 3.500 2026 | yearly | 2001 - 2026 |
| Kuwait (%) | 2.673 2026 | yearly | 1980 - 2026 |
| Kyrgyzstan (%) | 3.758 2026 | yearly | 1993 - 2026 |
| Laos (%) | 5.839 2026 | yearly | 1980 - 2026 |
| Latvia (%) | 2.996 2026 | yearly | 1993 - 2026 |
| Lebanon (%) | -25.000 2020 | yearly | 1980 - 2020 |
| Lesotho (%) | 3.176 2026 | yearly | 1980 - 2026 |
| Liberia (%) | 5.636 2026 | yearly | 2001 - 2026 |
| Libya (%) | 4.487 2026 | yearly | 1980 - 2026 |
| Lithuania (%) | 2.380 2026 | yearly | 1996 - 2026 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -11.7 Dec 2020 | quarterly | Jun 1993 - Dec 2020 |
| Consolidated Fiscal Balance (USD mn) | -15,724.165 Jan 2021 | monthly | May 1992 - Jan 2021 |
| Tax Revenue (USD mn) | 21,006.429 Aug 2021 | monthly | Jan 1996 - Aug 2021 |
| Tax Revenue: % of GDP (%) | 13.5 Mar 2021 | quarterly | Mar 1996 - Mar 2021 |
| National Government Debt (USD mn) | 1,282,564.6 2021 | yearly | 1962 - 2021 |
| Government Debt: % of GDP (%) | 72.2 2021 | yearly | 1962 - 2021 |
| Forecast: Government Expenditure (CAD bn) | 1,302.340 2026 | yearly | 1980 - 2026 |
| Forecast: Government Net Debt (CAD bn) | 2,818.050 2026 | yearly | 1980 - 2026 |
| Forecast: Government Revenue (CAD bn) | 1,315.350 2026 | yearly | 1980 - 2026 |
| Budgetary Revenue: TR: Excise Taxes & Duties (CAD mn) | 6,098.000 Aug 2021 | monthly | Jan 1996 - Aug 2021 |
| Budgetary Balance: Deficit or Surplus (CAD mn) | -9,827.000 Aug 2021 | monthly | May 1992 - Aug 2021 |
| Budgetary Revenue (CAD mn) | 30,437.000 Aug 2021 | monthly | May 1992 - Aug 2021 |
| Budgetary Expense (CAD mn) | -40,264.000 Aug 2021 | monthly | May 1992 - Aug 2021 |
| Budgetary Revenue: Tax Revenues (TR) (CAD mn) | 26,466.000 Aug 2021 | monthly | Jan 1996 - Aug 2021 |
| FIN Forecast: Budgetary Balance (CAD mn) | -24,900.000 2026 | yearly | 1996 - 2026 |
| FIN Forecast: Budgetary Revenue (CAD mn) | 417,300.000 2026 | yearly | 1996 - 2026 |
| FIN Forecast: Budgetary Expense (CAD mn) | 434,500.000 2026 | yearly | 1996 - 2026 |
| FIN Forecast: Budgetary Revenue: Tax: Excise Taxes & Duties (ET) (CAD mn) | 65,700.000 2026 | yearly | 2000 - 2026 |
| Net Financing Activities (CAD mn) | 13,491.000 Aug 2021 | monthly | Jan 1996 - Aug 2021 |
| FIN Forecast: Federal Debt (CAD mn) | 1,378,300.000 2026 | yearly | 1997 - 2026 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.354 2026 | yearly | 1980 - 2026 |
| Trade Balance (USD mn) | 1,466.3 Sep 2021 | monthly | Jan 1988 - Sep 2021 |
| Total Exports (USD mn) | 41,827.6 Sep 2021 | monthly | Jan 1988 - Sep 2021 |
| Total Exports Growth (%) | 15.7 Sep 2021 | monthly | Jan 1989 - Sep 2021 |
| Aluminum: Exports (USD th) | 6,745,490.368 2020 | yearly | 1995 - 2020 |
| Exports: Medicament (USD th) | 7,704,119.726 2020 | yearly | 1995 - 2020 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 893,615.927 2020 | yearly | 1995 - 2020 |
| Total Imports (USD mn) | 40,361.3 Sep 2021 | monthly | Jan 1988 - Sep 2021 |
| Total Imports Growth (%) | 3.1 Sep 2021 | monthly | Jan 1989 - Sep 2021 |
| Imports: Medicament (USD th) | 8,982,517.926 2020 | yearly | 1995 - 2020 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 6,403,601.693 2020 | yearly | 1995 - 2020 |
| Total Exports to USA (USD mn) | 26,098.603 Dec 2020 | monthly | Jan 1988 - Dec 2020 |
| Total Imports from USA (USD mn) | 25,661.469 Mar 2021 | monthly | Jan 1997 - Mar 2021 |
| Total Exports to China (USD mn) | 1,955.178 Apr 2021 | monthly | Jan 1997 - Apr 2021 |
| Total Imports from China (USD mn) | 4,514.997 Mar 2021 | monthly | Jan 1997 - Mar 2021 |
| CA: Export Unit Value Index (2010=100) | 106.461 2011 | yearly | 1948 - 2011 |
| CA: Import Unit Value Index (2010=100) | 104.348 2011 | yearly | 1948 - 2011 |
| Coal Exports (kton) | 2,159.000 Aug 2021 | monthly | Jan 1977 - Aug 2021 |
| Import Value (Val): HS: Iron and Steel (IS) (CAD th) | 1,280,493.955 Sep 2021 | monthly | Oct 2009 - Sep 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.6 Sep 2020 | quarterly | Mar 2005 - Sep 2020 |
| Household Debt: % of GDP (%) | 110.6 Mar 2021 | quarterly | Mar 1969 - Mar 2021 |
| Money Supply M1 (USD mn) | 1,251,756.275 Aug 2021 | monthly | Mar 1975 - Aug 2021 |
| Money Supply M2 (USD mn) | 1,807,865.231 Aug 2021 | monthly | Jan 1968 - Aug 2021 |
| M2 Growth (%) | 10.9 Aug 2021 | monthly | Jan 1969 - Aug 2021 |
| Foreign Exchange Reserves (USD mn) | 70,253.0 Mar 2021 | monthly | Jun 1999 - Mar 2021 |
| Foreign Exchange Reserves: % of GDP (%) | 4.136 Jun 2021 | quarterly | Jun 1999 - Jun 2021 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.9 Sep 2021 | monthly | Jun 1999 - Sep 2021 |
| Gold Reserves (USD mn) | 0.000 Oct 2021 | monthly | Dec 1956 - Oct 2021 |
| Total Deposits (USD mn) | 3,948,355.089 Aug 2021 | monthly | Jan 2009 - Aug 2021 |
| Total Deposits Growth (%) | 12.9 Feb 2021 | monthly | Jan 2010 - Feb 2021 |
| Domestic Credit (USD mn) | 4,344,331.3 Aug 2021 | monthly | Jan 1969 - Aug 2021 |
| Domestic Credit Growth (%) | 6.1 Aug 2021 | monthly | Jan 1970 - Aug 2021 |
| Debt Service Ratio: Households (%) | 12.200 Mar 2021 | quarterly | Mar 1999 - Mar 2021 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 23.000 Mar 2021 | quarterly | Mar 1999 - Mar 2021 |
| Credit to Households (USD bn) | 1,970.207 Mar 2021 | quarterly | Mar 1969 - Mar 2021 |
| Credit to Private Non-Financial Sector (USD bn) | 4,287.186 Mar 2021 | quarterly | Mar 1954 - Mar 2021 |
| Household Debt (USD mn) | 2,033,940.9 Aug 2021 | monthly | Jan 1969 - Aug 2021 |
| Total Loans (USD mn) | 2,777,369.665 Feb 2021 | monthly | Jan 1969 - Feb 2021 |
| Total Loans Growth (%) | 3.52 Mar 2021 | monthly | Jan 1970 - Mar 2021 |
| Private Debt: % of Nominal GDP (%) | 239.82 Dec 2020 | quarterly | Mar 1969 - Dec 2020 |
| Money Supply: M1+: Gross: sa (CAD mn) | 1,580,843.000 Aug 2021 | monthly | Mar 1975 - Aug 2021 |
| Money Supply: M2+: M2: Gross: sa (CAD mn) | 2,283,153.000 Aug 2021 | monthly | Jan 1968 - Aug 2021 |
| Money Supply: M1+: Gross (CAD mn) | 1,579,362.000 Aug 2021 | monthly | Mar 1975 - Aug 2021 |
| Money Supply: M3: Gross (CAD mn) | 3,095,000.000 Aug 2021 | monthly | Jan 1970 - Aug 2021 |
| Money Supply: M2+: M2: Gross (CAD mn) | 2,283,162.000 Aug 2021 | monthly | Jan 1968 - Aug 2021 |
| Money Supply: M3: Gross: sa (CAD mn) | 3,104,184.000 Aug 2021 | monthly | Jan 1970 - Aug 2021 |
| Official International Reserves: Gold (USD mn) | 0.000 Oct 2021 | monthly | Dec 1994 - Oct 2021 |
| Official International Reserves (USD mn) | 104,169.000 Oct 2021 | monthly | Dec 1994 - Oct 2021 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 9.6 Oct 2021 | monthly | Dec 2001 - Oct 2021 |
| Purchasing Manager Index: Seasonally Adjusted (NA) | 59.300 Oct 2021 | monthly | Dec 2000 - Oct 2021 |
| CA: Ease of Doing Business Rank: 1=Most Business-friendly Regulations (NA) | 23.000 2019 | yearly | 2019 - 2019 |
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National Accounts
CSNA 1997: GDP: by Expenditure: 2002 Price: Seasonally Adjusted at Annual Rates
CSNA 1997: GDP: by Expenditure: Current Price
CSNA 1997: GDP: by Expenditure: Index: 2002=100
CSNA 1997: GDP: by Income: Seasonally Adjusted at Annual Rates
CSNA 1997: GDP: by Industry: Chain Linked 2002 Price: Seasonally Adjusted at Annual Rates
CSNA 2012: GDP: by Expenditure: 2007 Price: Seasonally Adjusted at Annual Rates
CSNA 2012: GDP: by Expenditure: Current Price
CSNA 2012: GDP: by Expenditure: Index: 2007=100
CSNA 2012: GDP: by Income: Seasonally Adjusted at Annual Rates
CSNA 2012: GDP: by Industry: Chain Linked 2007 Price: Seasonally Adjusted at Annual Rates
CSNA 2012: GDP per Capita
CSNA2012: Financial Flow Accounts: Corporations
CSNA2012: Financial Flow Accounts: Households and Non Profit Institutions Serving Households
Gross Domestic Product: by Expenditure: Seasonally Adjusted: Annual
Gross Domestic Product: Deflator and Volume Index: Annual
Gross Domestic Product: Purchasing Power Parity
Gross Domestic Product: Share of GDP
Contribution to GDP
CSNA 1997: GDP: by Expenditure: Chain Linked 2002 Price: Seasonally Adjusted at Annual Rates
CSNA 1997: GDP: by Expenditure: Current Price: Seasonally Adjusted at Annual Rates
CSNA 1997: GDP: by Income
CSNA 1997: GDP: by Industry: 2002 Price: Seasonally Adjusted at Annual Rates
CSNA 2012: GDP: by Expenditure: 2007 Price
CSNA 2012: GDP: by Expenditure: Chain Linked 2007 Price: Seasonally Adjusted at Annual Rates
CSNA 2012: GDP: by Expenditure: Current Price: Seasonally Adjusted at Annual Rates
CSNA 2012: GDP: by Income
CSNA 2012: GDP: by Industry: 2007 Price: Seasonally Adjusted at Annual Rates
CSNA 2012: GDP Deflator
CSNA2012: Financial Flow Accounts
CSNA2012: Financial Flow Accounts: General Government
Gross Domestic Product: Annual Growth Rate
Gross Domestic Product: by Expenditure: Seasonally Adjusted: Quarterly
Gross Domestic Product: Nominal
Gross Domestic Product: Real