Canada Nominal GDP Growth
1958 - 2024 | Quarterly | % | CEIC Data
Key information about Canada Nominal GDP Growth
- Canada Nominal GDP Growth was reported at 4.866 % in Jun 2024.
- This records an increase from the previous number of 3.987 % for Mar 2024.
- Canada Nominal GDP Growth data is updated quarterly, averaging 6.520 % from Mar 1958 to Jun 2024, with 266 observations.
- The data reached an all-time high of 22.368 % 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 Jun 2024 in the chart:
What was Canada's Nominal GDP Growth in Jun 2024?
Canada Nominal GDP Growth was reported at 4.866 % in Jun 2024. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 4.866 Jun 2024 | 3.987 Mar 2024 | -12.831 Jun 2020 | 22.368 Jun 2021 | % | quarterly | Mar 1958 - Jun 2024 |
Nominal GDP Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 7.871 Jun 2024 | quarterly | Mar 2009 - Jun 2024 |
| Algeria (%) | 6.213 Mar 2024 | quarterly | Mar 2000 - Mar 2024 |
| Argentina (%) | 250.930 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
| Armenia (%) | 7.035 Jun 2024 | quarterly | Dec 1995 - Jun 2024 |
| Australia (%) | 4.372 Jun 2024 | quarterly | Sep 1960 - Jun 2024 |
| Austria (%) | 1.388 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Azerbaijan (%) | 2.381 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| Bahrain (%) | 2.392 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Bangladesh (%) | 12.407 2024 | yearly | 2007 - 2024 |
| Belarus (%) | 15.793 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Belgium (%) | 4.072 Jun 2024 | quarterly | Mar 1981 - Jun 2024 |
| Bolivia (%) | 0.615 Mar 2024 | quarterly | Mar 1991 - Mar 2024 |
| Bosnia and Herzegovina (%) | 2.641 Jun 2024 | quarterly | Mar 2009 - Jun 2024 |
| Botswana (%) | -2.189 Jun 2024 | quarterly | Sep 1994 - Jun 2024 |
| Brazil (%) | 8.508 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| Brunei (%) | 7.833 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Bulgaria (%) | 10.939 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Cambodia (%) | 8.798 2022 | yearly | 1994 - 2022 |
| Canada (%) | 4.866 Jun 2024 | quarterly | Mar 1958 - Jun 2024 |
| Chile (%) | 8.288 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
| China (%) | 4.042 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Colombia (%) | 3.506 Mar 2024 | quarterly | Mar 2001 - Mar 2024 |
| Croatia (%) | 8.893 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Cyprus (%) | 7.754 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Czech Republic (%) | 4.815 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Denmark (%) | 3.286 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
| Ecuador (%) | 3.653 Jun 2024 | quarterly | Mar 1992 - Jun 2024 |
| Egypt (%) | 35.403 Jun 2024 | quarterly | Sep 2002 - Jun 2024 |
| Estonia (%) | 2.811 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| European Union (%) | 4.061 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Finland (%) | 0.344 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
| France (%) | 3.743 Sep 2024 | quarterly | Mar 1950 - Sep 2024 |
| Georgia (%) | 12.367 Jun 2024 | quarterly | Mar 1997 - Jun 2024 |
| Germany (%) | 2.535 Sep 2024 | quarterly | Mar 1961 - Sep 2024 |
| Ghana (%) | 29.025 Jun 2024 | quarterly | Mar 2007 - Jun 2024 |
| Greece (%) | 5.123 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Hong Kong SAR, China (%) | 7.581 Jun 2024 | quarterly | Mar 1974 - Jun 2024 |
| Hungary (%) | 9.654 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Iceland (%) | 4.332 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| India (%) | 9.666 Jun 2024 | quarterly | Jun 1997 - Jun 2024 |
| Indonesia (%) | 5.995 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
| Iran (%) | 35.070 Mar 2024 | quarterly | Jun 1989 - Mar 2024 |
| Ireland (%) | -1.208 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Israel (%) | 3.586 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Italy (%) | 1.999 Jun 2024 | quarterly | Mar 1981 - Jun 2024 |
| Ivory Coast (%) | 681.695 Mar 2023 | quarterly | Mar 1998 - Mar 2023 |
| Japan (%) | 2.165 Jun 2024 | quarterly | Mar 1981 - Jun 2024 |
| Jordan (%) | 3.975 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
| Kazakhstan (%) | 15.632 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Kenya (%) | 7.780 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
| South Korea (%) | 7.226 Jun 2024 | quarterly | Mar 1961 - Jun 2024 |
| Kosovo (%) | 6.081 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| Kuwait (%) | 3.246 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| Kyrgyzstan (%) | 18.207 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Laos (%) | 23.128 2023 | yearly | 1985 - 2023 |
| Latvia (%) | 2.096 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Lebanon (%) | 19.333 2020 | yearly | 1998 - 2020 |
| Lithuania (%) | 6.888 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Luxembourg (%) | 2.967 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Macau SAR, China (%) | 7.805 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| North Macedonia (%) | 7.276 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
| Malawi (%) | 10.386 2021 | yearly | 2003 - 2021 |
| Malaysia (%) | 7.452 Jun 2024 | quarterly | Mar 1992 - Jun 2024 |
| Malta (%) | 7.622 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
| Mauritius (%) | 14.332 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
| Mexico (%) | 6.070 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
| Moldova (%) | 4.985 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Mongolia (%) | 22.032 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
| Montenegro (%) | 7.679 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| Morocco (%) | 3.615 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Mozambique (%) | 11.026 2023 | yearly | 1964 - 2023 |
| Nepal (%) | 6.662 2024 | yearly | 2002 - 2024 |
| Netherlands (%) | 6.022 Jun 2024 | quarterly | Mar 1989 - Jun 2024 |
| New Zealand (%) | 3.165 Jun 2024 | quarterly | Jun 1988 - Jun 2024 |
| Nigeria (%) | 16.939 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| Norway (%) | 4.266 Jun 2024 | quarterly | Mar 1979 - Jun 2024 |
| Oman (%) | 4.546 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| Pakistan (%) | 26.432 2024 | yearly | 2001 - 2024 |
| Palestinian Territory (%) | -34.320 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
| Panama (%) | 3.631 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Paraguay (%) | 8.679 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Peru (%) | 5.953 Dec 2022 | quarterly | Mar 1991 - Dec 2022 |
| Philippines (%) | 10.136 Jun 2024 | quarterly | Mar 1982 - Jun 2024 |
| Poland (%) | 5.173 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Portugal (%) | 10.841 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Qatar (%) | -10.389 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
| Romania (%) | 12.512 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Russia (%) | 19.527 Mar 2024 | quarterly | Mar 1994 - Mar 2024 |
| Saudi Arabia (%) | 4.510 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
| Serbia (%) | 9.510 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Singapore (%) | 7.799 Jun 2024 | quarterly | Mar 1976 - Jun 2024 |
| Slovakia (%) | 7.535 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Slovenia (%) | 2.897 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| South Africa (%) | 5.079 Jun 2024 | quarterly | Mar 1961 - Jun 2024 |
| Spain (%) | 6.688 Sep 2024 | quarterly | Mar 1971 - Sep 2024 |
| Sri Lanka (%) | 8.448 Mar 2024 | quarterly | Mar 2003 - Mar 2024 |
| Sudan (%) | 103.797 2020 | yearly | 1961 - 2020 |
| Sweden (%) | 4.356 Jun 2024 | quarterly | Mar 1981 - Jun 2024 |
| Switzerland (%) | 4.113 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
| Syria (%) | 113.698 2022 | yearly | 1971 - 2022 |
Accurate Macro & Micro Economic Data You Can Trust
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Learn more about what we doCanada Key Series
| 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) | -1,864.518 Aug 2024 | monthly | May 1992 - Aug 2024 |
| Tax Revenue (USD mn) | 20,829.733 Aug 2024 | monthly | Jan 1996 - Aug 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) | 1,546.047 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 Revenue: Tax Revenues (TR) (CAD mn) | 28,443.000 Aug 2024 | monthly | Jan 1996 - Aug 2024 |
| Budgetary Expense (CAD mn) | -37,985.000 Aug 2024 | monthly | May 1992 - Aug 2024 |
| Budgetary Revenue: TR: Excise Taxes & Duties (CAD mn) | 5,540.000 Aug 2024 | monthly | Jan 1996 - Aug 2024 |
| Budgetary Revenue (CAD mn) | 35,439.000 Aug 2024 | monthly | May 1992 - Aug 2024 |
| Budgetary Balance: Deficit or Surplus (CAD mn) | -2,546.000 Aug 2024 | monthly | May 1992 - Aug 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) | -13,995.000 Aug 2024 | monthly | Jan 1996 - Aug 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 (%) | 3.003 2029 | yearly | 1980 - 2029 |
| 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) | 2,430.000 Aug 2024 | monthly | Jan 1977 - Aug 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 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Household Debt: % of GDP (%) | 100.5 Jun 2024 | quarterly | Mar 1969 - Jun 2024 |
| Money Supply M1 (USD mn) | 1,158,254.651 Aug 2024 | monthly | Mar 1975 - Aug 2024 |
| Money Supply M2 (USD mn) | 1,911,302.157 Aug 2024 | monthly | Jan 1968 - Aug 2024 |
| M2 Growth (%) | 5.7 Aug 2024 | monthly | Jan 1969 - Aug 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) | 4,484,440.544 Aug 2024 | monthly | Jan 2009 - Aug 2024 |
| Total Deposits Growth (%) | 4.3 Aug 2024 | monthly | Jan 2010 - Aug 2024 |
| Domestic Credit (USD mn) | 4,721,491.9 Aug 2024 | monthly | Jan 1969 - Aug 2024 |
| Domestic Credit Growth (%) | 2.3 Aug 2024 | monthly | Jan 1970 - Aug 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) | 2,218,341.4 Aug 2024 | monthly | Jan 1969 - Aug 2024 |
| Total Loans (USD mn) | 3,201,064.997 Aug 2024 | monthly | Jan 1969 - Aug 2024 |
| Total Loans Growth (%) | 2.25 Aug 2024 | monthly | Jan 1970 - Aug 2024 |
| Private Debt: % of Nominal GDP (%) | 214.50 Jun 2024 | quarterly | Mar 1969 - Jun 2024 |
| Money Supply: M3: Gross (CAD mn) | 3,717,603.000 Aug 2024 | monthly | Jan 1970 - Aug 2024 |
| Money Supply: M3: Gross: sa (CAD mn) | 3,717,311.000 Aug 2024 | monthly | Jan 1970 - Aug 2024 |
| Money Supply: M1+: Gross (CAD mn) | 1,560,737.000 Aug 2024 | monthly | Mar 1975 - Aug 2024 |
| Money Supply: M2+: M2: Gross (CAD mn) | 2,581,279.000 Aug 2024 | monthly | Jan 1968 - Aug 2024 |
| Money Supply: M1+: Gross: sa (CAD mn) | 1,562,833.000 Aug 2024 | monthly | Mar 1975 - Aug 2024 |
| Money Supply: M2+: M2: Gross: sa (CAD mn) | 2,578,920.000 Aug 2024 | monthly | Jan 1968 - Aug 2024 |
| Official International Reserves: Gold (USD mn) | 0.000 Sep 2024 | monthly | Dec 1994 - Sep 2024 |
| Official International Reserves (USD mn) | 128,074.000 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