Canada Private Consumption: % of GDP
Canada Private Consumption accounted for 56.5 % of its Nominal GDP in Sep 2020, compared with a ratio of 59.1 % in the previous quarter. Canada Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 1961 to Sep 2020, with an average share of 56.0 %. The data reached an all-time high of 65.5 % in Dec 1961 and a record low of 48.3 % in Sep 1974. CEIC calculates Private Consumption as % of Nominal GDP from quarterly Private Consumption Expenditure and quarterly Nominal GDP. Private Consumption Expenditure is calculated as the sum of Household and NPISHs Consumption. Statistics Canada provides Private Consumption Expenditure in local currency and Nominal GDP in local currency, based on CSNA 2012/SNA 2008.
In the latest reports, Canada GDP contracted 13.0 % YoY in Jun 2020. Canada Nominal GDP reached 359.0 USD bn in Jun 2020. Its GDP deflator (implicit price deflator) fell 0.8 % in Jun 2020. Canada GDP Per Capita reached 43,838.9 USD in Jun 2020. Its Gross Savings Rate was measured at 22.6 % in Sep 2020.
View Canada's Private Consumption: % of GDP from Mar 1961 to Sep 2020 in the chart:
What was Canada's Private Consumption: % of GDP in Sep 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 56.5 Sep 2020 | 59.1 Jun 2020 | 48.3 Sep 1974 | 65.5 Dec 1961 | % | quarterly | Mar 1961 - Sep 2020 |
Private Consumption: % of GDP by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 79.7 Sep 2020 | quarterly | Mar 2008 - Sep 2020 |
| Algeria (%) | 43.5 2019 | yearly | 1950 - 2019 |
| Argentina (%) | 61.8 Sep 2020 | quarterly | Mar 1993 - Sep 2020 |
| Armenia (%) | 76.7 Sep 2020 | quarterly | Dec 1994 - Sep 2020 |
| Australia (%) | 53.1 Sep 2020 | quarterly | Sep 1959 - Sep 2020 |
| Austria (%) | 52.3 Sep 2020 | quarterly | Mar 1988 - Sep 2020 |
| Azerbaijan (%) | 61.9 Mar 2020 | quarterly | Mar 2001 - Mar 2020 |
| Bahrain (%) | 39.6 2018 | yearly | 1975 - 2018 |
| Bangladesh (%) | 68.5 2020 | yearly | 1960 - 2020 |
| Belarus (%) | 50.0 Sep 2020 | quarterly | Mar 1994 - Sep 2020 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -6.4 Jun 2020 | quarterly | Jun 1993 - Jun 2020 |
| Consolidated Fiscal Balance (USD mn) | -16,582.508 Aug 2020 | monthly | May 1992 - Aug 2020 |
| Tax Revenue (USD mn) | 16,287.638 Oct 2020 | monthly | Jan 1996 - Oct 2020 |
| Tax Revenue: % of GDP (%) | 10.0 Jun 2020 | quarterly | Mar 1996 - Jun 2020 |
| National Government Debt (USD mn) | 884,096.2 2020 | yearly | 1962 - 2020 |
| Government Debt: % of GDP (%) | 54.0 2020 | yearly | 1962 - 2020 |
| Forecast: Government Expenditure (CAD bn) | 1,102.276 2025 | yearly | 1980 - 2025 |
| Forecast: Government Net Debt (CAD bn) | 2,919.284 2025 | yearly | 1980 - 2025 |
| Forecast: Government Revenue (CAD bn) | 1,094.790 2025 | yearly | 1980 - 2025 |
| Budgetary Revenue (CAD mn) | 24,067.000 Oct 2020 | monthly | May 1992 - Oct 2020 |
| Budgetary Revenue: Tax Revenues (TR) (CAD mn) | 21,529.000 Oct 2020 | monthly | Jan 1996 - Oct 2020 |
| Budgetary Expense (CAD mn) | -42,573.000 Oct 2020 | monthly | May 1992 - Oct 2020 |
| Budgetary Balance: Deficit or Surplus (CAD mn) | -18,506.000 Oct 2020 | monthly | May 1992 - Oct 2020 |
| Budgetary Revenue: TR: Excise Taxes & Duties (CAD mn) | 4,682.000 Oct 2020 | monthly | Jan 1996 - Oct 2020 |
| 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 Balance (CAD mn) | -24,900.000 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) | 28,736.000 Oct 2020 | monthly | Jan 1996 - Oct 2020 |
| FIN Forecast: Federal Debt (CAD mn) | 1,378,300.000 2026 | yearly | 1997 - 2026 |
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