Canada Real GDP Growth
1962 - 2020 | Quarterly | % | CEIC Data
The Gross Domestic Product (GDP) in Canada contracted 5.2 % YoY in Sep 2020, following a negative growth of 12.5 % in the previous quarter. Real GDP Growth YoY data in Canada is updated quarterly, available from Mar 1962 to Sep 2020, with an average rate of 3.1 %. The data reached an all-time high of 9.3 % in Mar 1962 and a record low of -12.5 % in Jun 2020. CEIC calculates Real GDP Growth from quarterly Real GDP. Statistics Canada provides Real GDP in local currency, at chain linked 2012 prices.
In the latest reports, Nominal GDP of Canada reached 419.5 USD bn in Sep 2020. Its GDP deflator (implicit price deflator) increased 1.6 % in Sep 2020. GDP Per Capita in Canada reached 43,838.9 USD in Jun 2020. Its Gross Savings Rate was measured at 22.6 % in Sep 2020. For Nominal GDP contributions, Investment accounted for 24.8 % in Sep 2020. Public Consumption accounted for 20.9 % in Sep 2020. Private Consumption accounted for 56.5 % in Sep 2020.
View Canada's Real GDP Growth from Mar 1962 to Sep 2020 in the chart:
What was Canada's Real GDP Growth in Sep 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -5.2 Sep 2020 | -12.5 Jun 2020 | -12.5 Jun 2020 | 9.3 Mar 1962 | % | quarterly | Mar 1962 - Sep 2020 |
Real GDP Growth by Country Comparison
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Includes Real GDP Growth on 116 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | -3.5 Sep 2020 | quarterly | Mar 2010 - Sep 2020 |
| Algeria (%) | -3.9 Mar 2020 | quarterly | Mar 2012 - Mar 2020 |
| Argentina (%) | -10.1 Sep 2020 | quarterly | Mar 2005 - Sep 2020 |
| Armenia (%) | -9.1 Sep 2020 | quarterly | Mar 2001 - Sep 2020 |
| Australia (%) | -3.8 Sep 2020 | quarterly | Sep 1960 - Sep 2020 |
| Austria (%) | -4.2 Sep 2020 | quarterly | Mar 1989 - Sep 2020 |
| Azerbaijan (%) | 0.2 Mar 2020 | quarterly | Mar 2001 - Mar 2020 |
| Bahrain (%) | -5.5 Dec 2020 | quarterly | Mar 2009 - Dec 2020 |
| Bangladesh (%) | 5.2 2020 | yearly | 2007 - 2020 |
| Belarus (%) | -0.2 Sep 2020 | quarterly | Mar 2006 - Sep 2020 |
| Belgium (%) | -5.1 Dec 2020 | quarterly | Mar 1996 - Dec 2020 |
| Bolivia (%) | -21.7 Jun 2020 | quarterly | Mar 1991 - Jun 2020 |
| Bosnia and Herzegovina (%) | -6.3 Sep 2020 | quarterly | Mar 2009 - Sep 2020 |
| Botswana (%) | -5.9 Sep 2020 | quarterly | Mar 1995 - Sep 2020 |
| Brazil (%) | -3.9 Sep 2020 | quarterly | Mar 1997 - Sep 2020 |
| Brunei (%) | 0.5 Sep 2020 | quarterly | Mar 2005 - Sep 2020 |
| Bulgaria (%) | -5.2 Sep 2020 | quarterly | Mar 1996 - Sep 2020 |
| Cambodia (%) | 7.1 2019 | yearly | 1994 - 2019 |
| Canada (%) | -5.2 Sep 2020 | quarterly | Mar 1962 - Sep 2020 |
| Chile (%) | -10.3 Sep 2020 | quarterly | Mar 1987 - Sep 2020 |
| China (%) | 6.5 Dec 2020 | quarterly | Mar 1992 - Dec 2020 |
| Colombia (%) | -9.5 Sep 2020 | quarterly | Mar 2001 - Sep 2020 |
| Croatia (%) | -10.0 Sep 2020 | quarterly | Mar 1996 - Sep 2020 |
| Cyprus (%) | -4.4 Sep 2020 | quarterly | Mar 1996 - Sep 2020 |
| Czech Republic (%) | -5.0 Sep 2020 | quarterly | Mar 1996 - Sep 2020 |
| Denmark (%) | -3.7 Sep 2020 | quarterly | Mar 1992 - Sep 2020 |
| Ecuador (%) | -8.8 Sep 2020 | quarterly | Mar 1994 - Sep 2020 |
| Egypt (%) | -1.7 Jun 2020 | quarterly | Sep 2002 - Jun 2020 |
| Estonia (%) | -2.7 Sep 2020 | quarterly | Mar 1996 - Sep 2020 |
| European Union (%) | -4.8 Dec 2020 | quarterly | Mar 1996 - Dec 2020 |
| Finland (%) | -3.0 Sep 2020 | quarterly | Mar 1976 - Sep 2020 |
| France (%) | -5.0 Dec 2020 | quarterly | Mar 1950 - Dec 2020 |
| Georgia (%) | -5.6 Sep 2020 | quarterly | Mar 1998 - Sep 2020 |
| Germany (%) | -3.6 Dec 2020 | quarterly | Mar 1992 - Dec 2020 |
| Ghana (%) | -0.3 Sep 2020 | quarterly | Jun 2006 - Sep 2020 |
| Greece (%) | -11.7 Sep 2020 | quarterly | Mar 1996 - Sep 2020 |
| Hong Kong SAR, China (%) | -3.4 Sep 2020 | quarterly | Mar 1991 - Sep 2020 |
| Hungary (%) | -4.6 Sep 2020 | quarterly | Mar 1996 - Sep 2020 |
| Iceland (%) | -6.7 Sep 2020 | quarterly | Mar 1996 - Sep 2020 |
| India (%) | -7.5 Sep 2020 | quarterly | Jun 2005 - Sep 2020 |
| Indonesia (%) | -2.2 Dec 2020 | quarterly | Mar 1994 - Dec 2020 |
| Iran (%) | -2.8 Jun 2020 | quarterly | Jun 1989 - Jun 2020 |
| Ireland (%) | 8.1 Sep 2020 | quarterly | Mar 1996 - Sep 2020 |
| Israel (%) | -1.1 Sep 2020 | quarterly | Mar 1996 - Sep 2020 |
| Italy (%) | -6.6 Dec 2020 | quarterly | Mar 1982 - Dec 2020 |
| Ivory Coast (%) | 7.4 2018 | yearly | 1966 - 2018 |
| Japan (%) | -5.7 Sep 2020 | quarterly | Mar 1956 - Sep 2020 |
| Jordan (%) | -2.2 Sep 2020 | quarterly | Mar 1993 - Sep 2020 |
| Kazakhstan (%) | -4.9 Sep 2020 | quarterly | Mar 2006 - Sep 2020 |
| Kenya (%) | -1.9 Sep 2020 | quarterly | Mar 2010 - Sep 2020 |
| South Korea (%) | -1.3 Dec 2020 | quarterly | Mar 1961 - Dec 2020 |
| Kosovo (%) | 0.7 Dec 2020 | quarterly | Mar 2011 - Dec 2020 |
| Kuwait (%) | -2.5 Mar 2020 | quarterly | Jun 2010 - Mar 2020 |
| Kyrgyzstan (%) | -6.0 Sep 2020 | quarterly | Mar 2007 - Sep 2020 |
| Laos (%) | 5.5 2019 | yearly | 2003 - 2019 |
| Latvia (%) | -1.7 Dec 2020 | quarterly | Mar 1996 - Dec 2020 |
| Lebanon (%) | -1.9 2018 | yearly | 2005 - 2018 |
| Lithuania (%) | -1.3 Dec 2020 | quarterly | Jun 1995 - Dec 2020 |
| Luxembourg (%) | 0.5 Sep 2020 | quarterly | Mar 1996 - Sep 2020 |
| Macau SAR, China (%) | -63.8 Sep 2020 | quarterly | Mar 2002 - Sep 2020 |
| North Macedonia (%) | -3.3 Sep 2020 | quarterly | Mar 2001 - Sep 2020 |
| Malawi (%) | 4.0 2018 | yearly | 2003 - 2018 |
| Malaysia (%) | -2.7 Sep 2020 | quarterly | Mar 2001 - Sep 2020 |
| Malta (%) | -9.9 Sep 2020 | quarterly | Mar 2001 - Sep 2020 |
| Mauritius (%) | -32.5 Jun 2020 | quarterly | Mar 2001 - Jun 2020 |
| Mexico (%) | -4.6 Dec 2020 | quarterly | Mar 1981 - Dec 2020 |
| Moldova (%) | 0.9 Sep 2020 | quarterly | Mar 1996 - Sep 2020 |
| Mongolia (%) | -3.1 Sep 2020 | quarterly | Mar 2011 - Sep 2020 |
| Montenegro (%) | -26.9 Sep 2020 | quarterly | Mar 2011 - Sep 2020 |
| Morocco (%) | -7.2 Sep 2020 | quarterly | Mar 2008 - Sep 2020 |
| Mozambique (%) | 2.0 Dec 2018 | quarterly | Jun 2007 - Dec 2018 |
| Myanmar (%) | 6.8 2019 | yearly | 2011 - 2019 |
| Nepal (%) | -2.7 Mar 2020 | quarterly | Dec 2004 - Mar 2020 |
| Netherlands (%) | -2.5 Sep 2020 | quarterly | Mar 1997 - Sep 2020 |
| New Zealand (%) | 3.9 Sep 2020 | quarterly | Jun 1983 - Sep 2020 |
| Nigeria (%) | -3.6 Sep 2020 | quarterly | Mar 2011 - Sep 2020 |
| Norway (%) | -0.1 Sep 2020 | quarterly | Mar 1979 - Sep 2020 |
| Oman (%) | -0.8 2019 | yearly | 1999 - 2019 |
| Pakistan (%) | 0.5 2020 | yearly | 2001 - 2020 |
| Palestinian Territory (%) | 11.8 Sep 2020 | quarterly | Jun 2011 - Sep 2020 |
| Panama (%) | -23.6 Sep 2020 | quarterly | Mar 2008 - Sep 2020 |
| Paraguay (%) | -1.2 Sep 2020 | quarterly | Mar 1995 - Sep 2020 |
| Peru (%) | -9.4 Sep 2020 | quarterly | Mar 1981 - Sep 2020 |
| Philippines (%) | -8.4 Dec 2020 | quarterly | Mar 1999 - Dec 2020 |
| Poland (%) | -1.8 Sep 2020 | quarterly | Mar 1996 - Sep 2020 |
| Portugal (%) | 1.8 Jun 2019 | quarterly | Mar 1996 - Jun 2019 |
| Qatar (%) | -4.5 Sep 2020 | quarterly | Mar 2012 - Sep 2020 |
| Romania (%) | -5.7 Sep 2020 | quarterly | Mar 1996 - Sep 2020 |
| Russia (%) | -3.0 Sep 2020 | quarterly | Mar 1996 - Sep 2020 |
| Saudi Arabia (%) | -4.6 Sep 2020 | quarterly | Mar 2011 - Sep 2020 |
| Serbia (%) | 4.5 Sep 2019 | quarterly | Mar 1997 - Sep 2019 |
| Singapore (%) | -3.8 Dec 2020 | quarterly | Mar 1976 - Dec 2020 |
| Slovakia (%) | -2.3 Sep 2020 | quarterly | Mar 1994 - Sep 2020 |
| Slovenia (%) | -2.9 Sep 2020 | quarterly | Mar 1996 - Sep 2020 |
| South Africa (%) | -6.1 Sep 2020 | quarterly | Mar 1961 - Sep 2020 |
| Spain (%) | -9.1 Dec 2020 | quarterly | Mar 1996 - Dec 2020 |
| Sri Lanka (%) | 1.5 Sep 2020 | quarterly | Mar 2011 - Sep 2020 |
| Sudan (%) | -1.3 2019 | yearly | 1983 - 2019 |
| Sweden (%) | -2.6 Dec 2020 | quarterly | Mar 1982 - Dec 2020 |
| Switzerland (%) | -1.7 Sep 2020 | quarterly | Mar 1966 - Sep 2020 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -9.7 Sep 2020 | quarterly | Jun 1993 - Sep 2020 |
| Consolidated Fiscal Balance (USD mn) | -12,610.664 Dec 2020 | monthly | May 1992 - Dec 2020 |
| Tax Revenue (USD mn) | 21,321.727 Dec 2020 | monthly | Jan 1996 - Dec 2020 |
| Tax Revenue: % of GDP (%) | 12.3 Sep 2020 | quarterly | Mar 1996 - Sep 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) | 1,235.290 2026 | yearly | 1980 - 2026 |
| Forecast: Government Net Debt (CAD bn) | 2,898.370 2026 | yearly | 1980 - 2026 |
| Forecast: Government Revenue (CAD bn) | 1,240.440 2026 | yearly | 1980 - 2026 |
| Budgetary Revenue (CAD mn) | 29,560.000 Dec 2020 | monthly | May 1992 - Dec 2020 |
| Budgetary Revenue: Tax Revenues (TR) (CAD mn) | 27,311.000 Dec 2020 | monthly | Jan 1996 - Dec 2020 |
| Budgetary Expense (CAD mn) | -45,713.000 Dec 2020 | monthly | May 1992 - Dec 2020 |
| Budgetary Balance: Deficit or Surplus (CAD mn) | -16,153.000 Dec 2020 | monthly | May 1992 - Dec 2020 |
| Budgetary Revenue: TR: Excise Taxes & Duties (CAD mn) | 4,354.000 Dec 2020 | monthly | Jan 1996 - Dec 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) | 6,719.000 Dec 2020 | monthly | Jan 1996 - Dec 2020 |
| FIN Forecast: Federal Debt (CAD mn) | 1,378,300.000 2026 | yearly | 1997 - 2026 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.287 2026 | yearly | 1980 - 2026 |
| Trade Balance (USD mn) | 818.4 Feb 2021 | monthly | Jan 1988 - Feb 2021 |
| Total Exports (USD mn) | 39,269.1 Feb 2021 | monthly | Jan 1988 - Feb 2021 |
| Total Exports Growth (%) | 4.1 Feb 2021 | monthly | Jan 1989 - Feb 2021 |
| Aluminum: Exports (USD th) | 6,575,098.804 2019 | yearly | 1995 - 2019 |
| Exports: Medicament (USD th) | 7,569,746.789 2019 | yearly | 1995 - 2019 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 928,765.472 2019 | yearly | 1995 - 2019 |
| Total Imports (USD mn) | 38,450.6 Feb 2021 | monthly | Jan 1988 - Feb 2021 |
| Total Imports Growth (%) | -2.8 Feb 2021 | monthly | Jan 1989 - Feb 2021 |
| Imports: Medicament (USD th) | 8,853,181.202 2019 | yearly | 1995 - 2019 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 6,382,228.956 2019 | yearly | 1995 - 2019 |
| Total Exports to USA (USD mn) | 26,098.603 Dec 2020 | monthly | Jan 1988 - Dec 2020 |
| Total Imports from USA (USD mn) | 24,101.922 Feb 2021 | monthly | Jan 1997 - Feb 2021 |
| Total Exports to China (USD mn) | 1,987.348 Jan 2021 | monthly | Jan 1997 - Jan 2021 |
| Total Imports from China (USD mn) | 3,557.250 Jan 2021 | monthly | Jan 1997 - Jan 2021 |
| CA: Import Unit Value Index (2010=100) | 104.348 2011 | yearly | 1948 - 2011 |
| CA: Export Unit Value Index (2010=100) | 106.461 2011 | yearly | 1948 - 2011 |
| NEB Forecast: Crude Oil Production (Cub m/Day) | 752,898.115 Dec 2020 | monthly | Aug 2017 - Dec 2020 |
| Coal Exports (kton) | 1,948.000 Jan 2021 | monthly | Jan 1977 - Jan 2021 |
| Import Value (Val): HS: Iron and Steel (IS) (CAD th) | 684,117.200 Feb 2021 | monthly | Oct 2009 - Feb 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.6 Sep 2020 | quarterly | Mar 2005 - Sep 2020 |
| Household Debt: % of GDP (%) | 109.6 Sep 2020 | quarterly | Mar 1969 - Sep 2020 |
| Money Supply M1 (USD mn) | 1,104,378.522 Jan 2021 | monthly | Mar 1975 - Jan 2021 |
| Money Supply M2 (USD mn) | 1,676,397.151 Jan 2021 | monthly | Jan 1968 - Jan 2021 |
| M2 Growth (%) | 18.5 Jan 2021 | monthly | Jan 1969 - Jan 2021 |
| Foreign Exchange Reserves (USD mn) | 75,673.0 Jan 2021 | monthly | Jun 1999 - Jan 2021 |
| Foreign Exchange Reserves: % of GDP (%) | 4.666 Dec 2020 | quarterly | Jun 1999 - Dec 2020 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.1 Feb 2021 | monthly | Jun 1999 - Feb 2021 |
| Gold Reserves (USD mn) | 0.000 Mar 2021 | monthly | Dec 1956 - Mar 2021 |
| Total Deposits (USD mn) | 3,798,277.268 Feb 2021 | monthly | Jan 2009 - Feb 2021 |
| Total Deposits Growth (%) | 13.7 Jan 2021 | monthly | Jan 2010 - Jan 2021 |
| Domestic Credit (USD mn) | 4,141,005.0 Jan 2021 | monthly | Jan 1969 - Jan 2021 |
| Domestic Credit Growth (%) | 8.5 Jan 2021 | monthly | Jan 1970 - Jan 2021 |
| Debt Service Ratio: Households (%) | 12.600 Sep 2020 | quarterly | Mar 1999 - Sep 2020 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 24.200 Sep 2020 | quarterly | Mar 1999 - Sep 2020 |
| Credit to Households (USD bn) | 1,826.010 Sep 2020 | quarterly | Mar 1969 - Sep 2020 |
| Credit to Private Non-Financial Sector (USD bn) | 3,997.026 Sep 2020 | quarterly | Mar 1954 - Sep 2020 |
| Household Debt (USD mn) | 1,920,129.1 Jan 2021 | monthly | Jan 1969 - Jan 2021 |
| Total Loans (USD mn) | 2,756,887.007 Dec 2020 | monthly | Jan 1969 - Dec 2020 |
| Total Loans Growth (%) | 3.55 Sep 2020 | monthly | Jan 1970 - Sep 2020 |
| Private Debt: % of Nominal GDP (%) | 236.97 Dec 2020 | quarterly | Mar 1969 - Dec 2020 |
| Money Supply: M3: Gross (CAD mn) | 2,946,800.000 Jan 2021 | monthly | Jan 1970 - Jan 2021 |
| Money Supply: M1+: Gross (CAD mn) | 1,412,769.000 Jan 2021 | monthly | Mar 1975 - Jan 2021 |
| Money Supply: M3: Gross: sa (CAD mn) | 2,948,218.000 Jan 2021 | monthly | Jan 1970 - Jan 2021 |
| Money Supply: M2+: M2: Gross: sa (CAD mn) | 2,141,765.000 Jan 2021 | monthly | Jan 1968 - Jan 2021 |
| Money Supply: M1+: Gross: sa (CAD mn) | 1,410,954.000 Jan 2021 | monthly | Mar 1975 - Jan 2021 |
| Money Supply: M2+: M2: Gross (CAD mn) | 2,141,486.000 Jan 2021 | monthly | Jan 1968 - Jan 2021 |
| Official International Reserves (USD mn) | 83,375.000 Mar 2021 | monthly | Dec 1994 - Mar 2021 |
| Official International Reserves: Gold (USD mn) | 0.000 Mar 2021 | monthly | Dec 1994 - Mar 2021 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence: Net Balance (% Point) | 45.8 Mar 2021 | monthly | Dec 2000 - Mar 2021 |
| Business Confidence Growth (% Point) | 93.8 Mar 2021 | monthly | Dec 2001 - Mar 2021 |
| Purchasing Manager Index: Seasonally Adjusted (NA) | 72.900 Mar 2021 | monthly | Dec 2000 - Mar 2021 |
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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