Canada GDP Annual Growth Rate: 1.3%

GROSS DOMESTIC PRODUCT (ANNUAL RATE OF GROWTH, 2024)

Canada GDP Forecast: 1.3% in 2024, 2.0% projected for 2025.

Based on a 5-year average, Canada is estimated to grow by an average compound annual growth rate of 3.0% through to 2030.

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GDP Annual Growth Rate (%):


Source: World Bank, World Economics
0 0 0 Canada|#FE1800|5.29744024171539, 6.65599974032362, 6.31720020530724, 6.75968985492175, 3.06542082002188, 5.00827408049702, 5.06703244864089, 2.91871324193951, 4.01884493451227, 5.51967006527914, 6.72864138845117, 3.35777597165226, 1.54540334609872, 5.8892758268293, 3.53482670608555, 3.73597637206476, 3.72519941490059, 2.17719916021221, 3.41506525537372, -3.16615026657753, 2.56225359813259, 5.89856942508391, 4.73768079281562, 2.12148084096071, 4.07201575870543, 4.41083906825777, 2.33732974637616, 0.2029478627489, -2.09105517930676, 0.89046625458775, 2.65770688317689, 4.49404924349821, 2.68232830305229, 1.68896120754063, 4.28016686255228, 3.89288652990767, 5.14100348008584, 5.13853918593026, 1.87509813216803, 2.9992553495694, 1.80638513484521, 3.09236383456562, 3.21045435651203, 2.6379438004107, 2.04990461109004, 0.995406309993598, -2.91508623949733, 3.09080637403602, 3.13719438973661, 1.75566132540601, 2.32581357393478, 2.87346677184995, 0.649970993709132, 1.03855093491798, 3.03383490260789, 2.74296343112555, 1.9084319253883, -5.03823344128351, 5.28695689105889, 3.81986633913397, 1.24892730403391, 1.344 1963, 1964, 1965, 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1974, 1975, 1976, 1977, 1978, 1979, 1980, 1981, 1982, 1983, 1984, 1985, 1986, 1987, 1988, 1989, 1990, 1991, 1992, 1993, 1994, 1995, 1996, 1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024,



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Key Indicators for Canada

Comprehensive economic data including GDP, growth rates, debt levels, and population figures

Indicator Value Year See more
GDP Data Quality Rating    A 2025 View
Population Data Quality Rating    A 2025 View
Governance Rating    A 2025 View
       
GDP (PPP)
Base Year Adjusted + Informal Economy
$2,604bn 2025 View
GDP (Current / Nominal Prices) $2,215bn 2025 View
GDP (Constant Prices / Real) $1,843bn 2025 View
GDP Growth Rate 2.0% 2025 View
GDP Debt to GDP Ratio 103.3% 2025 View
       
GDP per Capita (PPP)
Base Year Adjusted + Informal Economy
$66,156 2025 View
GDP per Capita (Current / Nominal) $54,271 2025 View
GDP per Capita (Constant / Real) $45,168 2025 View
GDP per Capita Growth Rate 1.4% 2025 View
       
Population Size 39.71 million 2025 View
Fertility Rate 1.1% 2025 View
Workforce Size 19.40 million 2025 View
       
Carbon Emissions (per Capita) 13.98 tCO2e 2023 View
Methane Emissions (per Capita) 2.78 tCO2e 2023 View
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