Canada Private Consumption: % of GDP

Key information about Canada Private Consumption: % of GDP

• Canada Private Consumption accounted for 55.2 % of its Nominal GDP in Dec 2024, compared with a ratio of 54.2 % in the previous quarter.
• Canada Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 1961 to Dec 2024, with an average share of 55.9 %.
• The data reached an all-time high of 65.6 % 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.


Related information about Canada Private Consumption: % of GDP

• In the latest reports, Canada GDP expanded 2.2 % YoY in Mar 2023.
• Its Nominal GDP reached 520.3 USD bn in Mar 2023.
• Canada GDP Per Capita reached 54,090.1 USD in Jun 2022.
• Its Gross Savings Rate was measured at 25.2 % in Sep 2024.

View Canada's Private Consumption: % of GDP from Mar 1961 to Dec 2024 in the chart:

What was Canada's Private Consumption: % of GDP in Dec 2024?

Canada Private Consumption accounted for 55.2 % of its Nominal GDP in Dec 2024, compared with a ratio of 54.2 % in the previous quarter. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
55.2 Dec 2024	54.2 Sep 2024	48.3 Sep 1974	65.6 Dec 1961	%	quarterly	Mar 1961 - Dec 2024

Private Consumption: % of GDP by Country Comparison

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