Canada GDP Deflator Growth
1962 - 2022 | Quarterly | % | CEIC Data
Key information about Canada GDP Deflator Growth
- Canada GDP deflator (implicit price deflator) increased 4.2 % in Dec 2022, compared with an increase of 6.9 % in the previous quarter.
- Canada GDP Deflator Growth data is updated quarterly, available from Mar 1962 to Dec 2022, with an average rate of 3.4 %.
- The data reached an all-time high of 16.2 % in Sep 1974 and a record low of -4.2 % in Jun 2009.
CEIC calculates GDP Deflator Growth from quarterly Nominal and Real GDP. Statistics Canada provides Nominal GDP in local currency and Real GDP in local currency, based on CSNA 2012/SNA 2008, at chain linked 2012 prices.
Related information about Canada GDP Deflator Growth
- In the latest reports, Canada GDP expanded 2.1 % YoY in Dec 2022.
- Its Nominal GDP reached 513.5 USD bn in Dec 2022.
- Canada GDP Per Capita reached 54,104.3 USD in Jun 2022.
- Its Gross Savings Rate was measured at 23.4 % in Dec 2022.
View Canada's GDP Deflator Growth from Mar 1962 to Dec 2022 in the chart:
What was Canada's GDP Deflator Growth in Dec 2022?
Canada GDP deflator (implicit price deflator) increased 4.2 % in Dec 2022, compared with an increase of 6.9 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 4.2 Dec 2022 | 6.9 Sep 2022 | -4.2 Jun 2009 | 16.2 Sep 1974 | % | quarterly | Mar 1962 - Dec 2022 |
GDP Deflator Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 14.4 Mar 2023 | quarterly | Mar 2010 - Mar 2023 |
| Algeria (%) | 2.3 Mar 2024 | quarterly | Mar 2000 - Mar 2024 |
| Argentina (%) | 78.8 Sep 2022 | quarterly | Mar 2005 - Sep 2022 |
| Armenia (%) | 9.1 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
| Australia (%) | 9.1 Dec 2022 | quarterly | Sep 1960 - Dec 2022 |
| Austria (%) | 6.5 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Azerbaijan (%) | 21.7 Dec 2022 | quarterly | Mar 2002 - Dec 2022 |
| Bahrain (%) | -1.6 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
| Bangladesh (%) | 5.6 2021 | yearly | 2007 - 2021 |
| Belarus (%) | 9.6 Dec 2022 | quarterly | Mar 2006 - Dec 2022 |
| Belgium (%) | 5.4 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
| Bolivia (%) | 4.2 Sep 2022 | quarterly | Mar 1991 - Sep 2022 |
| Bosnia and Herzegovina (%) | 12.7 Sep 2022 | quarterly | Mar 2009 - Sep 2022 |
| Botswana (%) | 10.7 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
| Brazil (%) | 6.2 Mar 2023 | quarterly | Mar 1997 - Mar 2023 |
| Brunei (%) | 22.0 Sep 2022 | quarterly | Mar 2005 - Sep 2022 |
| Bulgaria (%) | 14.3 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Cambodia (%) | 1.3 2021 | yearly | 1994 - 2021 |
| Canada (%) | 4.2 Dec 2022 | quarterly | Mar 1962 - Dec 2022 |
| Chile (%) | 10.1 Mar 2023 | quarterly | Mar 1991 - Mar 2023 |
| China (%) | 0.0 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Colombia (%) | 14.0 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
| Croatia (%) | 12.2 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Cyprus (%) | 6.4 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Czech Republic (%) | 11.4 Dec 2022 | quarterly | Mar 1997 - Dec 2022 |
| Denmark (%) | 5.5 Dec 2022 | quarterly | Mar 1992 - Dec 2022 |
| Ecuador (%) | 1.9 Mar 2023 | quarterly | Mar 2001 - Mar 2023 |
| Egypt (%) | 16.8 Sep 2022 | quarterly | Sep 2002 - Sep 2022 |
| Estonia (%) | 13.6 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
| European Union (%) | 6.1 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Finland (%) | 4.4 Dec 2022 | quarterly | Mar 1976 - Dec 2022 |
| France (%) | 5.5 Mar 2023 | quarterly | Mar 1950 - Mar 2023 |
| Georgia (%) | 9.4 Sep 2022 | quarterly | Mar 1998 - Sep 2022 |
| Germany (%) | 6.1 Dec 2022 | quarterly | Mar 1992 - Dec 2022 |
| Ghana (%) | 20.7 Jun 2024 | quarterly | Mar 2007 - Jun 2024 |
| Greece (%) | 5.1 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Hong Kong SAR, China (%) | 2.3 Dec 2022 | quarterly | Mar 1974 - Dec 2022 |
| Hungary (%) | 17.6 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Iceland (%) | 6.1 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| India (%) | 6.6 Dec 2022 | quarterly | Jun 2005 - Dec 2022 |
| Indonesia (%) | 8.3 Dec 2022 | quarterly | Mar 1994 - Dec 2022 |
| Iran (%) | 51.5 Mar 2022 | quarterly | Jun 1989 - Mar 2022 |
| Ireland (%) | 5.5 Sep 2022 | quarterly | Mar 1996 - Sep 2022 |
| Israel (%) | 5.9 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Italy (%) | 5.6 Dec 2022 | quarterly | Mar 1997 - Dec 2022 |
| Ivory Coast (%) | 2.4 2022 | yearly | 1966 - 2022 |
| Japan (%) | 1.2 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
| Jordan (%) | 2.2 Mar 2023 | quarterly | Mar 1993 - Mar 2023 |
| Kazakhstan (%) | 14.4 Mar 2023 | quarterly | Mar 2004 - Mar 2023 |
| Kenya (%) | 4.0 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
| South Korea (%) | 1.4 Mar 2023 | quarterly | Mar 1961 - Mar 2023 |
| Kosovo (%) | 9.7 Dec 2022 | quarterly | Mar 2011 - Dec 2022 |
| Kuwait (%) | -10.1 Dec 2020 | quarterly | Mar 2011 - Dec 2020 |
| Kyrgyzstan (%) | 19.4 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
| Laos (%) | 3.6 2021 | yearly | 2003 - 2021 |
| Latvia (%) | 15.7 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Lebanon (%) | 148.4 2021 | yearly | 2012 - 2021 |
| Lithuania (%) | 15.6 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
| Luxembourg (%) | 7.0 Sep 2022 | quarterly | Mar 1996 - Sep 2022 |
| Macau SAR, China (%) | 2.5 Mar 2023 | quarterly | Mar 1999 - Mar 2023 |
| North Macedonia (%) | 16.3 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
| Malawi (%) | 6.3 2021 | yearly | 2003 - 2021 |
| Malaysia (%) | 2.8 Dec 2022 | quarterly | Mar 1992 - Dec 2022 |
| Malta (%) | 5.8 Mar 2023 | quarterly | Mar 2001 - Mar 2023 |
| Mauritius (%) | 10.4 Sep 2022 | quarterly | Mar 2001 - Sep 2022 |
| Mexico (%) | 6.5 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
| Moldova (%) | 22.6 Sep 2022 | quarterly | Mar 2011 - Sep 2022 |
| Mongolia (%) | 20.1 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
| Montenegro (%) | 10.5 Sep 2022 | quarterly | Mar 2011 - Sep 2022 |
| Morocco (%) | 5.3 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| Mozambique (%) | 5.3 2023 | yearly | 1992 - 2023 |
| Myanmar (%) | 2.9 2021 | yearly | 2011 - 2021 |
| Nepal (%) | 9.1 2023 | yearly | 2002 - 2023 |
| Netherlands (%) | 7.2 Mar 2023 | quarterly | Mar 1997 - Mar 2023 |
| New Zealand (%) | 5.4 Sep 2022 | quarterly | Jun 1988 - Sep 2022 |
| Nigeria (%) | 11.3 Dec 2022 | quarterly | Mar 2011 - Dec 2022 |
| Norway (%) | 10.2 Dec 2022 | quarterly | Mar 1979 - Dec 2022 |
| Oman (%) | 12.7 2021 | yearly | 1999 - 2021 |
| Pakistan (%) | 25.0 2023 | yearly | 2001 - 2023 |
| Palestinian Territory (%) | 0.1 Sep 2022 | quarterly | Mar 2012 - Sep 2022 |
| Panama (%) | 2.0 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| Paraguay (%) | 5.0 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
| Peru (%) | 4.2 Dec 2022 | quarterly | Mar 1991 - Dec 2022 |
| Philippines (%) | 6.3 Dec 2022 | quarterly | Mar 1982 - Dec 2022 |
| Poland (%) | 12.4 Sep 2022 | quarterly | Mar 1996 - Sep 2022 |
| Portugal (%) | 5.0 Sep 2022 | quarterly | Mar 1996 - Sep 2022 |
| Qatar (%) | 25.3 Sep 2022 | quarterly | Mar 2012 - Sep 2022 |
| Romania (%) | 14.4 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
| Russia (%) | 11.7 Sep 2022 | quarterly | Mar 1996 - Sep 2022 |
| Saudi Arabia (%) | 7.6 Dec 2022 | quarterly | Mar 2011 - Dec 2022 |
| Serbia (%) | 12.2 Dec 2022 | quarterly | Mar 1997 - Dec 2022 |
| Singapore (%) | 4.3 Dec 2022 | quarterly | Mar 1976 - Dec 2022 |
| Slovakia (%) | 11.0 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
| Slovenia (%) | 9.7 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| South Africa (%) | 5.6 Mar 2023 | quarterly | Mar 1961 - Mar 2023 |
| Spain (%) | 5.2 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Sri Lanka (%) | 3.0 Mar 2024 | quarterly | Mar 2011 - Mar 2024 |
| Sudan (%) | 146.2 2021 | yearly | 1983 - 2021 |
| Sweden (%) | 7.9 Mar 2023 | quarterly | Mar 1982 - Mar 2023 |
| Switzerland (%) | 3.3 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.9 Jun 2024 | quarterly | Jun 1993 - Jun 2024 |
| Consolidated Fiscal Balance (USD mn) | -3,217.150 Jul 2024 | monthly | May 1992 - Jul 2024 |
| Tax Revenue (USD mn) | 24,111.856 Jul 2024 | monthly | Jan 1996 - Jul 2024 |
| Tax Revenue: % of GDP (%) | 13.2 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| National Government Debt (USD mn) | 1,501,047.3 2024 | yearly | 1962 - 2024 |
| Government Debt: % of GDP (%) | 69.6 2024 | yearly | 1962 - 2024 |
| Forecast: Government Expenditure (CAD bn) | 1,516.003 2029 | yearly | 1980 - 2029 |
| Forecast: Government Net Debt (CAD bn) | 3,127.329 2028 | yearly | 1980 - 2028 |
| Forecast: Government Revenue (CAD bn) | 1,500.939 2029 | yearly | 1980 - 2029 |
| Budgetary Balance: Deficit or Surplus (CAD mn) | -4,412.000 Jul 2024 | monthly | May 1992 - Jul 2024 |
| Budgetary Expense (CAD mn) | -44,860.000 Jul 2024 | monthly | May 1992 - Jul 2024 |
| Budgetary Revenue (CAD mn) | 40,448.000 Jul 2024 | monthly | May 1992 - Jul 2024 |
| Budgetary Revenue: TR: Excise Taxes & Duties (CAD mn) | 7,503.000 Jul 2024 | monthly | Jan 1996 - Jul 2024 |
| Budgetary Revenue: Tax Revenues (TR) (CAD mn) | 33,067.000 Jul 2024 | monthly | Jan 1996 - Jul 2024 |
| FIN Forecast: Budgetary Revenue (CAD mn) | 573,800.000 2029 | yearly | 1996 - 2029 |
| FIN Forecast: Budgetary Expense (CAD mn) | 597,300.000 2029 | yearly | 1996 - 2029 |
| FIN Forecast: Budgetary Balance (CAD mn) | -18,400.000 2029 | yearly | 1996 - 2029 |
| FIN Forecast: Budgetary Revenue: Tax: Excise Taxes & Duties (ET) (CAD mn) | 82,000.000 2029 | yearly | 2000 - 2029 |
| Net Financing Activities (CAD mn) | 41,301.000 Jul 2024 | monthly | Jan 1996 - Jul 2024 |
| FIN Forecast: Federal Debt (CAD mn) | 1,362,200.000 2029 | yearly | 1997 - 2029 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 3.047 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -803.1 Aug 2024 | monthly | Jan 1988 - Aug 2024 |
| Total Exports (USD mn) | 47,097.0 Aug 2024 | monthly | Jan 1988 - Aug 2024 |
| Total Exports Growth (%) | -0.5 Aug 2024 | monthly | Jan 1989 - Aug 2024 |
| Aluminum: Exports (USD th) | 10,038,642.351 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 9,821,982.309 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 1,079,544.056 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 47,900.1 Aug 2024 | monthly | Jan 1988 - Aug 2024 |
| Total Imports Growth (%) | 1.6 Aug 2024 | monthly | Jan 1989 - Aug 2024 |
| Imports: Medicament (USD th) | 11,462,582.313 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 9,439,260.899 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 35,255.657 Aug 2024 | monthly | Jan 1988 - Aug 2024 |
| Total Imports from USA (USD mn) | 29,415.965 Aug 2024 | monthly | Jan 1997 - Aug 2024 |
| Total Exports to China (USD mn) | 2,044.746 Aug 2024 | monthly | Jan 1997 - Aug 2024 |
| Total Imports from China (USD mn) | 3,784.548 Aug 2024 | monthly | Jan 1997 - Aug 2024 |
| Coal Exports (kton) | 2,780.000 Jul 2024 | monthly | Jan 1977 - Jul 2024 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Light Emitting Diodes ... (CAD th) | 12,129.683 Aug 2024 | monthly | Jan 2022 - Aug 2024 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Photovoltaic Cells ass... (CAD th) | 25,809.818 Aug 2024 | monthly | Jan 2022 - Aug 2024 |
| Import Value (Val): HS: Iron and Steel (IS) (CAD th) | 1,069,749.514 Aug 2024 | monthly | Jan 1988 - Aug 2024 |
| Import Value Index (2015=100) | 117.179 2021 | yearly | 1995 - 2021 |
| Export Value Index (2015=100) | 123.790 2021 | yearly | 1995 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.5 Mar 2024 | quarterly | Mar 2005 - Mar 2024 |
| Household Debt: % of GDP (%) | 100.5 Jun 2024 | quarterly | Mar 1969 - Jun 2024 |
| Money Supply M1 (USD mn) | 1,133,949.732 Jul 2024 | monthly | Mar 1975 - Jul 2024 |
| Money Supply M2 (USD mn) | 1,867,875.561 Jul 2024 | monthly | Jan 1968 - Jul 2024 |
| M2 Growth (%) | 6.1 Jul 2024 | monthly | Jan 1969 - Jul 2024 |
| Foreign Exchange Reserves (USD mn) | 99,088.0 Sep 2024 | monthly | Jun 1999 - Sep 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 4.354 Jun 2024 | quarterly | Jun 1999 - Jun 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.0 Aug 2024 | monthly | Jun 1999 - Aug 2024 |
| Gold Reserves (USD mn) | 0.000 Sep 2024 | monthly | Dec 1956 - Sep 2024 |
| Total Deposits (USD mn) | 4,418,461.600 Jun 2024 | monthly | Jan 2009 - Jun 2024 |
| Total Deposits Growth (%) | 5.4 Jun 2024 | monthly | Jan 2010 - Jun 2024 |
| Domestic Credit (USD mn) | 4,602,802.4 Jul 2024 | monthly | Jan 1969 - Jul 2024 |
| Domestic Credit Growth (%) | 2.5 Jul 2024 | monthly | Jan 1970 - Jul 2024 |
| Debt Service Ratio: Households (%) | 14.400 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 24.500 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Credit to Households (USD bn) | 2,230.826 Dec 2023 | quarterly | Mar 1969 - Dec 2023 |
| Credit to Private Non-Financial Sector (USD bn) | 4,810.343 Dec 2023 | quarterly | Mar 1954 - Dec 2023 |
| Household Debt (USD mn) | 2,159,451.7 Jul 2024 | monthly | Jan 1969 - Jul 2024 |
| Total Loans (USD mn) | 3,120,604.810 Jul 2024 | monthly | Jan 1969 - Jul 2024 |
| Total Loans Growth (%) | 2.44 Jul 2024 | monthly | Jan 1970 - Jul 2024 |
| Private Debt: % of Nominal GDP (%) | 214.41 Jun 2024 | quarterly | Mar 1969 - Jun 2024 |
| Money Supply: M2+: M2: Gross (CAD mn) | 2,579,234.000 Jul 2024 | monthly | Jan 1968 - Jul 2024 |
| Money Supply: M1+: Gross (CAD mn) | 1,561,357.000 Jul 2024 | monthly | Mar 1975 - Jul 2024 |
| Money Supply: M3: Gross (CAD mn) | 3,717,405.000 Jul 2024 | monthly | Jan 1970 - Jul 2024 |
| Money Supply: M2+: M2: Gross: sa (CAD mn) | 2,578,789.000 Jul 2024 | monthly | Jan 1968 - Jul 2024 |
| Money Supply: M3: Gross: sa (CAD mn) | 3,717,509.000 Jul 2024 | monthly | Jan 1970 - Jul 2024 |
| Money Supply: M1+: Gross: sa (CAD mn) | 1,565,531.000 Jul 2024 | monthly | Mar 1975 - Jul 2024 |
| Official International Reserves (USD mn) | 128,074.000 Sep 2024 | monthly | Dec 1994 - Sep 2024 |
| Official International Reserves: Gold (USD mn) | 0.000 Sep 2024 | monthly | Dec 1994 - Sep 2024 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 0.0 Sep 2024 | monthly | Dec 2001 - Sep 2024 |
| Purchasing Manager Index: Seasonally Adjusted (NA) | 53.100 Sep 2024 | monthly | Dec 2000 - Sep 2024 |
More Indicators for Canada
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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: Index: 2007=100
CSNA 2012: GDP: by Industry: Chain Linked 2007 Price: Seasonally Adjusted at Annual Rates
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
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 Industry: 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