GDP (Gross Domestic Product): Canada
Current Value (2024)
$2,243,636,826,633.76
All-Time Peak (2024)
$2,243,636,826,633.76
All-Time Low (1960)
$40,563,768,946.95
GDP (Gross Domestic Product) — Canada
Analysis# Canada's GDP Analysis
Canada's GDP has grown approximately 55-fold from 1960 ($40.6 billion) to 2024 ($2.24 trillion), reflecting sustained post-war industrialization, resource extraction expansion, and integration into North American trade networks. The current GDP represents the historical peak, indicating no recent contraction, though this masks significant volatility during the 2008 financial crisis and 2020 COVID-19 pandemic—both periods that temporarily disrupted the otherwise consistent upward trajectory. The 64-year growth rate of roughly 5.5% annualized suggests Canada's economy has consistently expanded faster than global inflation, driven by population growth, productivity gains, and
Historical Data
| Year | Value | Change % |
|---|---|---|
| 2024 | $2,243,636,826,633.76 | +3.23% |
| 2023 | $2,173,339,670,064.33 | -0.78% |
| 2022 | $2,190,411,080,134.32 | +8.31% |
| 2021 | $2,022,378,748,423.23 | +22.15% |
| 2020 | $1,655,684,730,000.19 | -5.05% |
| 2019 | $1,743,725,183,672.52 | +1.07% |
| 2018 | $1,725,329,192,783.02 | +4.61% |
| 2017 | $1,649,265,644,244.09 | +7.94% |
| 2016 | $1,527,994,741,907.43 | -1.83% |
| 2015 | $1,556,508,816,217.14 | -13.80% |
| 2014 | $1,805,749,878,439.94 | -2.21% |
| 2013 | $1,846,597,421,834.98 | +1.00% |
| 2012 | $1,828,366,481,521.6 | +1.95% |
| 2011 | $1,793,326,630,174.52 | +10.88% |
| 2010 | $1,617,343,367,486.26 | +17.66% |
| 2009 | $1,374,625,142,157.29 | -11.49% |
| 2008 | $1,552,989,690,721.65 | +5.73% |
| 2007 | $1,468,820,407,783.26 | +11.34% |
| 2006 | $1,319,264,809,590.97 | +12.46% |
| 2005 | $1,173,108,598,778.68 | +14.26% |
Show all 65 rows
| Year | Value | Change % |
|---|---|---|
| 2004 | $1,026,690,238,278.25 | +14.64% |
| 2003 | $895,540,646,634.787 | +17.73% |
| 2002 | $760,649,334,098.005 | +2.93% |
| 2001 | $738,981,792,355.372 | -0.78% |
| 2000 | $744,773,415,931.587 | +9.78% |
| 1999 | $678,412,196,271.118 | +7.01% |
| 1998 | $634,000,000,000 | -3.20% |
| 1997 | $654,986,999,855.554 | +3.87% |
| 1996 | $630,607,994,132.747 | +4.07% |
| 1995 | $605,961,090,061.207 | +4.49% |
| 1994 | $579,944,346,807.264 | +0.15% |
| 1993 | $579,053,561,739.4 | -2.58% |
| 1992 | $594,387,358,318.855 | -2.96% |
| 1991 | $612,527,712,315.615 | +2.76% |
| 1990 | $596,075,591,360.987 | +5.09% |
| 1989 | $567,211,993,243.243 | +11.35% |
| 1988 | $509,380,027,626.554 | +17.60% |
| 1987 | $433,134,238,310.709 | +14.28% |
| 1986 | $379,006,836,991.724 | +3.50% |
| 1985 | $366,186,012,449.652 | +2.65% |
| 1984 | $356,718,400,123.543 | +4.34% |
| 1983 | $341,866,277,182.733 | +8.65% |
| 1982 | $314,647,807,408.608 | +2.41% |
| 1981 | $307,246,642,755.859 | +11.82% |
| 1980 | $274,776,566,028.053 | +12.66% |
| 1979 | $243,891,124,295.715 | +11.18% |
| 1978 | $219,369,542,386.254 | +3.32% |
| 1977 | $212,325,176,304.654 | +2.44% |
| 1976 | $207,271,612,576.065 | +18.83% |
| 1975 | $174,419,757,176.563 | +8.37% |
| 1974 | $160,949,188,139.059 | +22.15% |
| 1973 | $131,764,343,565.643 | +16.13% |
| 1972 | $113,463,848,873.624 | +13.91% |
| 1971 | $99,606,454,743.514 | +12.94% |
| 1970 | $88,192,257,632.309 | +11.07% |
| 1969 | $79,405,011,124.821 | +10.21% |
| 1968 | $72,048,833,006.16 | +9.40% |
| 1967 | $65,856,924,423.972 | +7.52% |
| 1966 | $61,252,415,404.686 | +12.08% |
| 1965 | $54,649,410,478.523 | +10.39% |
| 1964 | $49,503,663,836.367 | +9.67% |
| 1963 | $45,140,337,826.987 | +6.62% |
| 1962 | $42,336,211,555.827 | +3.16% |
| 1961 | $41,038,192,837.904 | +1.17% |
| 1960 | $40,563,768,946.95 | — |