Canada Forecast: Unemployment Rate
1980 - 2031 | Yearly | % | International Monetary Fund
Key information about Canada Unemployment Rate Forecast
- Canada Unemployment Rate is forecasted to be 6.521 % in Dec 2026 as reported by International Monetary Fund
- It records a decrease from the last reported number of 6.858 % in Dec 2025
- Looking ahead, Canada Unemployment Rate is projected to stand at 6.004 % in Dec 2031
- The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Unemployment Rate
View Canada's Forecast: Unemployment Rate from 1980 to 2031 in the chart:
What is Canada's Forecast: Unemployment Rate in 2031?
Canada Unemployment Rate is forecasted to be 6.521 % in Dec 2026 as reported by International Monetary Fund See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 6.004 2031 | 6.025 2030 | 5.250 2022 | 12.000 1983 | % | yearly | 1980 - 2031 |
Forecast: Unemployment Rate by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (%) | 0.000 | yearly | - |
| Albania (%) | 8.700 2031 | yearly | 1980 - 2031 |
| Algeria (%) | 11.383 2019 | yearly | 1980 - 2019 |
| Andorra (%) | 1.500 2031 | yearly | 2010 - 2031 |
| Angola (%) | 0.000 | yearly | - |
| Antigua and Barbuda (%) | 0.000 | yearly | - |
| Argentina (%) | 6.500 2031 | yearly | 1980 - 2031 |
| Armenia (%) | 12.100 2031 | yearly | 2001 - 2031 |
| Aruba (%) | 4.823 2030 | yearly | 1986 - 2030 |
| Australia (%) | 4.457 2031 | yearly | 1980 - 2031 |
| Austria (%) | 5.179 2028 | yearly | 1980 - 2028 |
| Azerbaijan (%) | 4.977 2031 | yearly | 2000 - 2031 |
| Bahamas (%) | 9.001 2031 | yearly | 1986 - 2031 |
| Bahrain (%) | 6.200 2024 | yearly | 2007 - 2024 |
| Bangladesh (%) | 0.000 | yearly | - |
| Barbados (%) | 6.805 2031 | yearly | 1981 - 2031 |
| Belarus (%) | 2.889 2031 | yearly | 1993 - 2031 |
| Belgium (%) | 5.800 2031 | yearly | 1980 - 2031 |
| Belize (%) | 2.600 2031 | yearly | 1990 - 2031 |
| Benin (%) | 0.000 | yearly | - |
| Bhutan (%) | 3.500 2023 | yearly | 2003 - 2023 |
| Bolivia (%) | 4.500 2026 | yearly | 2000 - 2026 |
| Bosnia and Herzegovina (%) | 12.600 2031 | yearly | 1995 - 2031 |
| Botswana (%) | 0.000 | yearly | - |
| Brazil (%) | 7.400 2031 | yearly | 1991 - 2031 |
| Brunei (%) | 4.748 2031 | yearly | 2011 - 2031 |
| Bulgaria (%) | 3.200 2031 | yearly | 1989 - 2031 |
| Burkina Faso (%) | 0.000 | yearly | - |
| Burundi (%) | 0.000 | yearly | - |
| Cambodia (%) | 0.000 | yearly | - |
| Cameroon (%) | 0.000 | yearly | - |
| Canada (%) | 6.004 2031 | yearly | 1980 - 2031 |
| Cape Verde (%) | 8.500 2031 | yearly | 1980 - 2031 |
| Central African Republic (%) | 0.000 | yearly | - |
| Chad (%) | 0.000 | yearly | - |
| Chile (%) | 7.353 2031 | yearly | 1980 - 2031 |
| China (%) | 5.100 2031 | yearly | 2017 - 2031 |
| Colombia (%) | 10.000 2031 | yearly | 1980 - 2031 |
| Comoros (%) | 0.000 | yearly | - |
| Congo (%) | 0.000 | yearly | - |
| Costa Rica (%) | 8.500 2030 | yearly | 1980 - 2030 |
| Croatia (%) | 4.700 2031 | yearly | 1991 - 2031 |
| Cyprus (%) | 4.733 2031 | yearly | 1982 - 2031 |
| Czech Republic (%) | 2.300 2028 | yearly | 1995 - 2028 |
| Democratic Republic of Congo (%) | 0.000 | yearly | - |
| Denmark (%) | 5.000 2028 | yearly | 1980 - 2028 |
| Djibouti (%) | 0.000 | yearly | - |
| Dominica (%) | 0.000 | yearly | - |
| Dominican Republic (%) | 5.000 2031 | yearly | 1991 - 2031 |
| Ecuador (%) | 3.100 2031 | yearly | 1988 - 2031 |
| Egypt (%) | 9.454 2031 | yearly | 1990 - 2031 |
| El Salvador (%) | 4.780 2031 | yearly | 1988 - 2031 |
| Equatorial Guinea (%) | 0.000 | yearly | - |
| Eritrea (%) | 0.000 | yearly | - |
| Estonia (%) | 6.209 2031 | yearly | 1993 - 2031 |
| Swaziland (%) | 25.000 2016 | yearly | 1995 - 2016 |
| Ethiopia (%) | 0.000 | yearly | - |
| Fiji (%) | 4.500 2031 | yearly | 1986 - 2031 |
| Finland (%) | 7.100 2028 | yearly | 1980 - 2028 |
| France (%) | 6.663 2028 | yearly | 1980 - 2028 |
| Gabon (%) | 0.000 | yearly | - |
| Gambia (%) | 0.000 | yearly | - |
| Georgia (%) | 13.900 2031 | yearly | 1996 - 2031 |
| Germany (%) | 2.963 2028 | yearly | 1980 - 2028 |
| Ghana (%) | 0.000 | yearly | - |
| Greece (%) | 9.000 2028 | yearly | 1980 - 2028 |
| Grenada (%) | 0.000 | yearly | - |
| Guatemala (%) | 0.000 | yearly | - |
| Guinea (%) | 0.000 | yearly | - |
| Guinea-Bissau (%) | 0.000 | yearly | - |
| Guyana (%) | 0.000 | yearly | - |
| Haiti (%) | 0.000 | yearly | - |
| Honduras (%) | 6.500 2031 | yearly | 1980 - 2031 |
| Hong Kong SAR, China (%) | 2.667 2031 | yearly | 1980 - 2031 |
| Hungary (%) | 3.800 2031 | yearly | 1980 - 2031 |
| Iceland (%) | 4.000 2031 | yearly | 1980 - 2031 |
| India (%) | 0.000 | yearly | - |
| Indonesia (%) | 4.700 2031 | yearly | 1984 - 2031 |
| Iran (%) | 9.000 2031 | yearly | 1990 - 2031 |
| Iraq (%) | 0.000 | yearly | - |
| Ireland (%) | 4.507 2028 | yearly | 1985 - 2028 |
| Israel (%) | 3.600 2031 | yearly | 1980 - 2031 |
| Italy (%) | 8.250 2028 | yearly | 1980 - 2028 |
| Ivory Coast (%) | 0.000 | yearly | - |
| Jamaica (%) | 3.400 2025 | yearly | 1980 - 2025 |
| Japan (%) | 2.300 2028 | yearly | 1980 - 2028 |
| Jordan (%) | 21.325 2031 | yearly | 1984 - 2031 |
| Kazakhstan (%) | 4.353 2031 | yearly | 1994 - 2031 |
| Kenya (%) | 0.000 | yearly | - |
| Kiribati (%) | 0.000 | yearly | - |
| South Korea (%) | 2.800 2031 | yearly | 1980 - 2031 |
| Kosovo (%) | 10.875 2023 | yearly | 2012 - 2023 |
| Kuwait (%) | 2.200 2028 | yearly | 2002 - 2028 |
| Kyrgyzstan (%) | 3.983 2031 | yearly | 1994 - 2031 |
| Laos (%) | 0.000 | yearly | - |
| Latvia (%) | 6.256 2031 | yearly | 1992 - 2031 |
| Lebanon (%) | 11.543 2023 | yearly | 1991 - 2023 |
| Lesotho (%) | 0.000 2015 | yearly | 2000 - 2015 |
| Liberia (%) | 0.000 | yearly | - |
| Libya (%) | 0.000 | yearly | - |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.4 Dec 2025 | quarterly | Jun 1993 - Dec 2025 |
| Consolidated Fiscal Balance (USD mn) | 4,146.395 Feb 2026 | monthly | May 1992 - Feb 2026 |
| Tax Revenue (USD mn) | 29,539.859 Feb 2026 | monthly | Jan 1996 - Feb 2026 |
| Tax Revenue: % of GDP (%) | 12.9 Dec 2025 | quarterly | Mar 1996 - Dec 2025 |
| National Government Debt (USD mn) | 1,517,724.5 2025 | yearly | 1962 - 2025 |
| Government Debt: % of GDP (%) | 69.2 2025 | yearly | 1962 - 2025 |
| Forecast: Government Expenditure (CAD bn) | 1,789.926 2031 | yearly | 1980 - 2031 |
| Forecast: Government Net Debt (CAD bn) | 3,127.329 2028 | yearly | 1980 - 2028 |
| Forecast: Government Revenue (CAD bn) | 1,726.867 2031 | yearly | 1980 - 2031 |
| Federal Government Debt: % of GDP: Accumulated Deficit (%) | 40.700 2025 | yearly | 1967 - 2025 |
| Net Financing Activities (CAD mn) | 7,880.000 Feb 2026 | monthly | Jan 1996 - Feb 2026 |
| Budgetary Revenue: TR: Excise Taxes & Duties (CAD mn) | 5,366.000 Feb 2026 | monthly | Jan 1996 - Feb 2026 |
| Budgetary Balance: Deficit or Surplus (CAD mn) | 5,659.000 Feb 2026 | monthly | May 1992 - Feb 2026 |
| Budgetary Revenue (CAD mn) | 48,415.000 Feb 2026 | monthly | May 1992 - Feb 2026 |
| Budgetary Expense (CAD mn) | -42,756.000 Feb 2026 | monthly | May 1992 - Feb 2026 |
| Budgetary Revenue: Tax Revenues (TR) (CAD mn) | 40,316.000 Feb 2026 | monthly | Jan 1996 - Feb 2026 |
| FIN Forecast: Budgetary Revenue (CAD mn) | 612,800.000 2030 | yearly | 1996 - 2030 |
| FIN Forecast: Budgetary Expense (CAD mn) | 643,700.000 2030 | yearly | 1996 - 2030 |
| FIN Forecast: Budgetary Balance (CAD mn) | -23,000.000 2030 | yearly | 1996 - 2030 |
| FIN Forecast: Budgetary Revenue: Tax: Excise Taxes & Duties (ET) (CAD mn) | 84,700.000 2030 | yearly | 2000 - 2030 |
| FIN Forecast: Federal Debt (CAD mn) | 1,435,700.000 2030 | yearly | 1997 - 2030 |
| CA: Gross Public Debt: USD: General Government (USD mn) | 2,908,830.439 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 3.736 2031 | yearly | 1980 - 2031 |
| Trade Balance (USD mn) | 1,296.9 Mar 2026 | monthly | Jan 1988 - Mar 2026 |
| Total Exports (USD mn) | 53,041.8 Mar 2026 | monthly | Jan 1988 - Mar 2026 |
| Total Exports Growth (%) | 8.8 Mar 2026 | monthly | Jan 1989 - Mar 2026 |
| Aluminum: Exports (USD th) | 9,833,093.660 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 10,025,178.456 2024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 1,380,122.786 2024 | yearly | 1995 - 2024 |
| Total Imports (USD mn) | 51,745.0 Mar 2026 | monthly | Jan 1988 - Mar 2026 |
| Total Imports Growth (%) | 2.5 Mar 2026 | monthly | Jan 1989 - Mar 2026 |
| Imports: Medicament (USD th) | 11,743,159.395 2024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 8,108,735.311 2024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 35,354.519 Mar 2026 | monthly | Jan 1988 - Mar 2026 |
| Total Imports from USA (USD mn) | 30,200.510 Mar 2026 | monthly | Jan 1997 - Mar 2026 |
| Total Exports to China (USD mn) | 2,404.883 Mar 2026 | monthly | Jan 1997 - Mar 2026 |
| Total Imports from China (USD mn) | 4,210.569 Mar 2026 | monthly | Jan 1997 - Mar 2026 |
| Coal Exports (kton) | 2,417.000 Feb 2026 | monthly | Jan 1977 - Feb 2026 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Light Emitting Diodes ... (CAD th) | 11,579.105 Mar 2026 | monthly | Jan 2022 - Mar 2026 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Photovoltaic Cells ass... (CAD th) | 5,102.331 Mar 2026 | monthly | Jan 2022 - Mar 2026 |
| Import Value (Val): HS: Iron and Steel (IS) (CAD th) | 748,788.266 Mar 2026 | monthly | Jan 1988 - Mar 2026 |
| Import Value Index (2015=100) | 132.600 2023 | yearly | 1995 - 2023 |
| Export Value Index (2015=100) | 138.700 2023 | yearly | 1995 - 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.7 Dec 2025 | quarterly | Mar 2005 - Dec 2025 |
| Household Debt: % of GDP (%) | 99.5 Dec 2025 | quarterly | Mar 1969 - Dec 2025 |
| Money Supply M1 (USD mn) | 1,291,386.444 Feb 2026 | monthly | Mar 1975 - Feb 2026 |
| Money Supply M2 (USD mn) | 2,044,892.165 Feb 2026 | monthly | Jan 1968 - Feb 2026 |
| M2 Growth (%) | 3.7 Feb 2026 | monthly | Jan 1969 - Feb 2026 |
| Foreign Exchange Reserves (USD mn) | 96,496.0 Apr 2026 | monthly | Jun 1999 - Apr 2026 |
| Foreign Exchange Reserves: % of GDP (%) | 4.237 Dec 2025 | quarterly | Jun 1999 - Dec 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.8 Mar 2026 | monthly | Jun 1999 - Mar 2026 |
| Gold Reserves (USD mn) | 0.000 Apr 2026 | monthly | Dec 1956 - Apr 2026 |
| Total Deposits (USD mn) | 4,847,654.627 Feb 2026 | monthly | Jan 2009 - Feb 2026 |
| Total Deposits Growth (%) | 2.8 Feb 2026 | monthly | Jan 2010 - Feb 2026 |
| Domestic Credit (USD mn) | 5,019,185.7 Feb 2026 | monthly | Jan 1969 - Feb 2026 |
| Domestic Credit Growth (%) | 3.9 Feb 2026 | monthly | Jan 1970 - Feb 2026 |
| Debt Service Ratio: Households (%) | 13.900 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 25.300 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Credit to Households (USD bn) | 2,315.895 Sep 2025 | quarterly | Mar 1969 - Sep 2025 |
| Credit to Private Non-Financial Sector (USD bn) | 5,043.713 Sep 2025 | quarterly | Mar 1954 - Sep 2025 |
| Household Debt (USD mn) | 2,371,472.3 Feb 2026 | monthly | Jan 1969 - Feb 2026 |
| Total Loans (USD mn) | 3,447,924.736 Feb 2026 | monthly | Jan 1969 - Feb 2026 |
| Total Loans Growth (%) | 4.28 Feb 2026 | monthly | Jan 1970 - Feb 2026 |
| Private Debt: % of Nominal GDP (%) | 209.65 Dec 2025 | quarterly | Mar 1969 - Dec 2025 |
| Money Supply: M1+: Gross: sa (CAD mn) | 1,760,418.000 Feb 2026 | monthly | Mar 1975 - Feb 2026 |
| Money Supply: M1+: Gross (CAD mn) | 1,750,892.000 Feb 2026 | monthly | Mar 1975 - Feb 2026 |
| Money Supply: M2+: M2: Gross (CAD mn) | 2,791,475.000 Feb 2026 | monthly | Jan 1968 - Feb 2026 |
| Money Supply: M3: Gross (CAD mn) | 4,014,067.000 Feb 2026 | monthly | Jan 1970 - Feb 2026 |
| Money Supply: M2+: M2: Gross: sa (CAD mn) | 2,787,597.000 Feb 2026 | monthly | Jan 1968 - Feb 2026 |
| Money Supply: M3: Gross: sa (CAD mn) | 4,002,547.000 Feb 2026 | monthly | Jan 1970 - Feb 2026 |
| Official International Reserves (USD mn) | 126,725.000 Apr 2026 | monthly | Dec 1994 - Apr 2026 |
| Official International Reserves: Gold (USD mn) | 0.000 Apr 2026 | monthly | Dec 1994 - Apr 2026 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 19.6 Apr 2026 | monthly | Dec 2001 - Apr 2026 |
| Business Outlook Survey (BOS) Indicator (%) | -0.360 Mar 2026 | quarterly | Sep 2003 - Mar 2026 |
| Purchasing Manager Index: Seasonally Adjusted (NA) | 57.700 Apr 2026 | monthly | Dec 2000 - Apr 2026 |
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