Canada Nominal GDP Growth
1958 - 2024 | Quarterly | % | CEIC Data
Key information about Canada Nominal GDP Growth
- Canada Nominal GDP Growth was reported at 4.311 % in Sep 2024.
- This records a decrease from the previous number of 5.115 % for Jun 2024.
- Canada Nominal GDP Growth data is updated quarterly, averaging 6.510 % from Mar 1958 to Sep 2024, with 267 observations.
- The data reached an all-time high of 23.418 % in Jun 2021 and a record low of -12.831 % in Jun 2020.
- Canada Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
- The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly: Seasonally Adjusted.
CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. Statistics Canada provides Nominal GDP in local currency. Nominal GDP prior to Q1 1962 is sourced from the International Monetary Fund.
View Canada's Nominal GDP Growth from Mar 1958 to Sep 2024 in the chart:
What was Canada's Nominal GDP Growth in Sep 2024?
Canada Nominal GDP Growth was reported at 4.311 % in Sep 2024. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 4.311 Sep 2024 | 5.115 Jun 2024 | -12.831 Jun 2020 | 23.418 Jun 2021 | % | quarterly | Mar 1958 - Sep 2024 |
Nominal GDP Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 6.526 Sep 2024 | quarterly | Mar 2009 - Sep 2024 |
| Algeria (%) | 3.990 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Argentina (%) | 208.098 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
| Armenia (%) | 5.482 Dec 2024 | quarterly | Dec 1995 - Dec 2024 |
| Australia (%) | 3.708 Dec 2024 | quarterly | Sep 1960 - Dec 2024 |
| Austria (%) | 1.931 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Azerbaijan (%) | 5.817 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| Bahrain (%) | -0.880 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Bangladesh (%) | 11.397 2024 | yearly | 2007 - 2024 |
| Belarus (%) | 13.274 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Belgium (%) | 3.683 Dec 2024 | quarterly | Mar 1981 - Dec 2024 |
| Bolivia (%) | 6.158 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| Bosnia and Herzegovina (%) | 1.927 Sep 2024 | quarterly | Mar 2009 - Sep 2024 |
| Botswana (%) | 0.082 Sep 2024 | quarterly | Sep 1994 - Sep 2024 |
| Brazil (%) | 9.591 Dec 2024 | quarterly | Mar 1991 - Dec 2024 |
| Brunei (%) | -2.064 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| Bulgaria (%) | 7.546 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Cambodia (%) | 8.798 2022 | yearly | 1994 - 2022 |
| Canada (%) | 4.311 Sep 2024 | quarterly | Mar 1958 - Sep 2024 |
| Chile (%) | 9.139 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| China (%) | 4.619 Dec 2024 | quarterly | Mar 1993 - Dec 2024 |
| Colombia (%) | 10.746 Dec 2024 | quarterly | Mar 2001 - Dec 2024 |
| Croatia (%) | 8.770 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Cyprus (%) | 5.817 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Czech Republic (%) | 5.594 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Denmark (%) | 9.999 Dec 2024 | quarterly | Mar 1991 - Dec 2024 |
| Ecuador (%) | 2.842 Sep 2024 | quarterly | Mar 1992 - Sep 2024 |
| Egypt (%) | 37.605 Sep 2024 | quarterly | Sep 2002 - Sep 2024 |
| Estonia (%) | 4.892 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| European Union (%) | 4.145 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Finland (%) | 2.813 Dec 2024 | quarterly | Mar 1991 - Dec 2024 |
| France (%) | 2.432 Dec 2024 | quarterly | Mar 1950 - Dec 2024 |
| Georgia (%) | 15.756 Sep 2024 | quarterly | Mar 1997 - Sep 2024 |
| Germany (%) | 2.271 Dec 2024 | quarterly | Mar 1961 - Dec 2024 |
| Ghana (%) | 30.257 Dec 2024 | quarterly | Mar 2007 - Dec 2024 |
| Greece (%) | 5.578 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Hong Kong SAR, China (%) | 5.347 Dec 2024 | quarterly | Mar 1974 - Dec 2024 |
| Hungary (%) | 6.537 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Iceland (%) | 8.481 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| India (%) | 9.912 Dec 2024 | quarterly | Jun 1997 - Dec 2024 |
| Indonesia (%) | 7.020 Dec 2024 | quarterly | Mar 1994 - Dec 2024 |
| Iran (%) | 35.070 Mar 2024 | quarterly | Jun 1989 - Mar 2024 |
| Ireland (%) | 10.478 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Israel (%) | 11.169 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Italy (%) | 2.632 Dec 2024 | quarterly | Mar 1981 - Dec 2024 |
| Ivory Coast (%) | 681.695 Mar 2023 | quarterly | Mar 1998 - Mar 2023 |
| Japan (%) | 3.995 Dec 2024 | quarterly | Mar 1981 - Dec 2024 |
| Jordan (%) | 4.600 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Kazakhstan (%) | 15.632 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Kenya (%) | 8.271 Sep 2024 | quarterly | Mar 2010 - Sep 2024 |
| South Korea (%) | 5.415 Dec 2024 | quarterly | Mar 1961 - Dec 2024 |
| Kosovo (%) | 6.248 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
| Kuwait (%) | 3.246 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| Kyrgyzstan (%) | 31.765 Dec 2024 | quarterly | Mar 2001 - Dec 2024 |
| Laos (%) | 23.128 2023 | yearly | 1985 - 2023 |
| Latvia (%) | 2.787 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Lebanon (%) | 19.333 2020 | yearly | 1998 - 2020 |
| Lithuania (%) | 5.808 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Luxembourg (%) | 4.729 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Macau SAR, China (%) | 2.983 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
| North Macedonia (%) | 6.039 Dec 2024 | quarterly | Mar 2001 - Dec 2024 |
| Malawi (%) | 31.544 2023 | yearly | 2003 - 2023 |
| Malaysia (%) | 5.497 Dec 2024 | quarterly | Mar 1992 - Dec 2024 |
| Malta (%) | 5.660 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Mauritius (%) | 9.785 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Mexico (%) | 6.870 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
| Moldova (%) | 5.567 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Mongolia (%) | 7.942 Dec 2024 | quarterly | Mar 2001 - Dec 2024 |
| Montenegro (%) | 5.713 Dec 2024 | quarterly | Mar 2011 - Dec 2024 |
| Morocco (%) | 5.964 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Mozambique (%) | 11.026 2023 | yearly | 1964 - 2023 |
| Nepal (%) | 6.662 2024 | yearly | 2002 - 2024 |
| Netherlands (%) | 6.420 Dec 2024 | quarterly | Mar 1989 - Dec 2024 |
| New Zealand (%) | 1.644 Sep 2024 | quarterly | Jun 1988 - Sep 2024 |
| Nigeria (%) | 18.914 Dec 2024 | quarterly | Mar 2011 - Dec 2024 |
| Norway (%) | 2.150 Dec 2024 | quarterly | Mar 1979 - Dec 2024 |
| Oman (%) | 3.409 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| Pakistan (%) | 25.810 2024 | yearly | 2001 - 2024 |
| Palestinian Territory (%) | -26.929 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
| Panama (%) | 2.051 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Paraguay (%) | 6.257 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Peru (%) | 5.953 Dec 2022 | quarterly | Mar 1991 - Dec 2022 |
| Philippines (%) | 7.442 Dec 2024 | quarterly | Mar 1982 - Dec 2024 |
| Poland (%) | 7.752 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Portugal (%) | 10.841 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Qatar (%) | 1.759 Sep 2024 | quarterly | Mar 2012 - Sep 2024 |
| Romania (%) | 8.126 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Russia (%) | 19.527 Mar 2024 | quarterly | Mar 1994 - Mar 2024 |
| Saudi Arabia (%) | 0.801 Dec 2024 | quarterly | Mar 2004 - Dec 2024 |
| Serbia (%) | 8.792 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Singapore (%) | 6.963 Dec 2024 | quarterly | Mar 1976 - Dec 2024 |
| Slovakia (%) | 4.096 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Slovenia (%) | 3.637 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| South Africa (%) | 4.279 Dec 2024 | quarterly | Mar 1961 - Dec 2024 |
| Spain (%) | 5.880 Dec 2024 | quarterly | Mar 1971 - Dec 2024 |
| Sri Lanka (%) | 8.262 Sep 2024 | quarterly | Mar 2003 - Sep 2024 |
| Sudan (%) | 103.797 2020 | yearly | 1961 - 2020 |
| Sweden (%) | 4.155 Dec 2024 | quarterly | Mar 1981 - Dec 2024 |
| Switzerland (%) | 4.113 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
| Syria (%) | 113.698 2022 | yearly | 1971 - 2022 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.6 Dec 2024 | quarterly | Jun 1993 - Dec 2024 |
| Consolidated Fiscal Balance (USD mn) | 703.306 Dec 2024 | monthly | May 1992 - Dec 2024 |
| Tax Revenue (USD mn) | 26,706.675 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| Tax Revenue: % of GDP (%) | 13.0 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| National Government Debt (USD mn) | 1,519,779.9 2024 | yearly | 1962 - 2024 |
| Government Debt: % of GDP (%) | 69.4 2024 | yearly | 1962 - 2024 |
| Forecast: Government Expenditure (CAD bn) | 1,546.047 2029 | yearly | 1980 - 2029 |
| Forecast: Government Net Debt (CAD bn) | 3,127.329 2028 | yearly | 1980 - 2028 |
| Forecast: Government Revenue (CAD bn) | 1,523.743 2029 | yearly | 1980 - 2029 |
| Budgetary Balance: Deficit or Surplus (CAD mn) | 1,002.000 Dec 2024 | monthly | May 1992 - Dec 2024 |
| Budgetary Revenue: Tax Revenues (TR) (CAD mn) | 38,049.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| Budgetary Expense (CAD mn) | -43,333.000 Dec 2024 | monthly | May 1992 - Dec 2024 |
| Budgetary Revenue (CAD mn) | 44,335.000 Dec 2024 | monthly | May 1992 - Dec 2024 |
| Budgetary Revenue: TR: Excise Taxes & Duties (CAD mn) | 6,472.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| FIN Forecast: Budgetary Revenue (CAD mn) | 612,800.000 2030 | yearly | 1996 - 2030 |
| FIN Forecast: Budgetary Revenue: Tax: Excise Taxes & Duties (ET) (CAD mn) | 84,700.000 2030 | yearly | 2000 - 2030 |
| FIN Forecast: Budgetary Expense (CAD mn) | 643,700.000 2030 | yearly | 1996 - 2030 |
| FIN Forecast: Budgetary Balance (CAD mn) | -23,000.000 2030 | yearly | 1996 - 2030 |
| Net Financing Activities (CAD mn) | 18,326.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| FIN Forecast: Federal Debt (CAD mn) | 1,435,700.000 2030 | yearly | 1997 - 2030 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 3.003 2029 | yearly | 1980 - 2029 |
| Trade Balance (USD mn) | 2,760.8 Jan 2025 | monthly | Jan 1988 - Jan 2025 |
| Total Exports (USD mn) | 51,751.0 Jan 2025 | monthly | Jan 1988 - Jan 2025 |
| Total Exports Growth (%) | 20.3 Jan 2025 | monthly | Jan 1989 - Jan 2025 |
| Aluminum: Exports (USD th) | 10,038,642.351 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 8,523,307.384 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 1,163,157.014 2023 | yearly | 1995 - 2023 |
| Total Imports (USD mn) | 48,990.2 Jan 2025 | monthly | Jan 1988 - Jan 2025 |
| Total Imports Growth (%) | 14.1 Jan 2025 | monthly | Jan 1989 - Jan 2025 |
| Imports: Medicament (USD th) | 11,834,156.934 2023 | yearly | 1995 - 2023 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 7,945,480.562 2023 | yearly | 1995 - 2023 |
| Total Exports to USA (USD mn) | 40,444.298 Jan 2025 | monthly | Jan 1988 - Jan 2025 |
| Total Imports from USA (USD mn) | 30,440.336 Jan 2025 | monthly | Jan 1997 - Jan 2025 |
| Total Exports to China (USD mn) | 2,133.435 Jan 2025 | monthly | Jan 1997 - Jan 2025 |
| Total Imports from China (USD mn) | 3,731.323 Jan 2025 | monthly | Jan 1997 - Jan 2025 |
| Coal Exports (kton) | 2,125.000 Nov 2024 | monthly | Jan 1977 - Nov 2024 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Light Emitting Diodes ... (CAD th) | 9,394.499 Dec 2024 | monthly | Jan 2022 - Dec 2024 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Photovoltaic Cells ass... (CAD th) | 4,954.608 Dec 2024 | monthly | Jan 2022 - Dec 2024 |
| Import Value (Val): HS: Iron and Steel (IS) (CAD th) | 844,825.938 Jan 2025 | monthly | Jan 1988 - Jan 2025 |
| 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 (%) | 0.6 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Household Debt: % of GDP (%) | 99.0 Dec 2024 | quarterly | Mar 1969 - Dec 2024 |
| Money Supply M1 (USD mn) | 1,118,688.194 Dec 2024 | monthly | Mar 1975 - Dec 2024 |
| Money Supply M2 (USD mn) | 1,832,025.000 Dec 2024 | monthly | Jan 1968 - Dec 2024 |
| M2 Growth (%) | 6.1 Dec 2024 | monthly | Jan 1969 - Dec 2024 |
| Foreign Exchange Reserves (USD mn) | 91,801.0 Feb 2025 | monthly | Jun 1999 - Feb 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 4.192 Dec 2024 | quarterly | Jun 1999 - Dec 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.0 Jan 2025 | monthly | Jun 1999 - Jan 2025 |
| Gold Reserves (USD mn) | 0.000 Feb 2025 | monthly | Dec 1956 - Feb 2025 |
| Total Deposits (USD mn) | 4,370,496.703 Dec 2024 | monthly | Jan 2009 - Dec 2024 |
| Total Deposits Growth (%) | 6.1 Dec 2024 | monthly | Jan 2010 - Dec 2024 |
| Domestic Credit (USD mn) | 4,531,668.1 Dec 2024 | monthly | Jan 1969 - Dec 2024 |
| Domestic Credit Growth (%) | 3.9 Dec 2024 | monthly | Jan 1970 - Dec 2024 |
| Debt Service Ratio: Households (%) | 14.400 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 25.200 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Credit to Households (USD bn) | 2,245.143 Sep 2024 | quarterly | Mar 1969 - Sep 2024 |
| Credit to Private Non-Financial Sector (USD bn) | 4,889.449 Sep 2024 | quarterly | Mar 1954 - Sep 2024 |
| Household Debt (USD mn) | 2,110,945.1 Dec 2024 | monthly | Jan 1969 - Dec 2024 |
| Total Loans (USD mn) | 3,076,370.833 Dec 2024 | monthly | Jan 1969 - Dec 2024 |
| Total Loans Growth (%) | 3.38 Dec 2024 | monthly | Jan 1970 - Dec 2024 |
| Private Debt: % of Nominal GDP (%) | 212.62 Dec 2024 | quarterly | Mar 1969 - Dec 2024 |
| Money Supply: M1+: Gross (CAD mn) | 1,623,406.000 Dec 2024 | monthly | Mar 1975 - Dec 2024 |
| Money Supply: M3: Gross (CAD mn) | 3,817,749.000 Dec 2024 | monthly | Jan 1970 - Dec 2024 |
| Money Supply: M3: Gross: sa (CAD mn) | 3,800,470.000 Dec 2024 | monthly | Jan 1970 - Dec 2024 |
| Money Supply: M2+: M2: Gross (CAD mn) | 2,648,681.000 Dec 2024 | monthly | Jan 1968 - Dec 2024 |
| Money Supply: M1+: Gross: sa (CAD mn) | 1,610,911.000 Dec 2024 | monthly | Mar 1975 - Dec 2024 |
| Money Supply: M2+: M2: Gross: sa (CAD mn) | 2,638,116.000 Dec 2024 | monthly | Jan 1968 - Dec 2024 |
| Official International Reserves (USD mn) | 119,595.000 Feb 2025 | monthly | Dec 1994 - Feb 2025 |
| Official International Reserves: Gold (USD mn) | 0.000 Feb 2025 | monthly | Dec 1994 - Feb 2025 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 2.8 Feb 2025 | monthly | Dec 2001 - Feb 2025 |
| Purchasing Manager Index: Seasonally Adjusted (NA) | 55.300 Feb 2025 | monthly | Dec 2000 - Feb 2025 |
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