Gross domestic product (GDP) in Canada
Canada: Gross domestic product (GDP) was 1.89 trillion constant 2015 US$ in 2025. ▲ Rising
Gross domestic product (GDP) in Canada, 1960–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data. Measured in constant 2015 US$.
Analysis
The most recent figure for gross domestic product (gdp) in Canada is 1.89 trillion constant 2015 US$, measured in 2025. That is the highest value across all 66 years on record.
That represents a change of up 1.7% on the previous year and up 21.5% over ten years.
Over the whole period, gross domestic product (gdp) in Canada peaked at 1.89 trillion constant 2015 US$ in 2025 and was at its lowest, 276.39 billion constant 2015 US$, in 1960.
That places Canada 11th out of 209 countries with data for 2025, putting it in the top 10%.
The long-run direction has been consistently rising across the 66 years of available data.
Gross domestic product (GDP) in Canada, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 276.39 billion constant 2015 US$ | — |
| 1961 | 285.13 billion constant 2015 US$ | +3.2% |
| 1962 | 306.31 billion constant 2015 US$ | +7.4% |
| 1963 | 322.53 billion constant 2015 US$ | +5.3% |
| 1964 | 344.00 billion constant 2015 US$ | +6.7% |
| 1965 | 365.73 billion constant 2015 US$ | +6.3% |
| 1966 | 390.46 billion constant 2015 US$ | +6.8% |
| 1967 | 402.43 billion constant 2015 US$ | +3.1% |
| 1968 | 422.58 billion constant 2015 US$ | +5.0% |
| 1969 | 443.99 billion constant 2015 US$ | +5.1% |
| 1970 | 456.95 billion constant 2015 US$ | +2.9% |
| 1971 | 475.31 billion constant 2015 US$ | +4.0% |
| 1972 | 501.55 billion constant 2015 US$ | +5.5% |
| 1973 | 535.30 billion constant 2015 US$ | +6.7% |
| 1974 | 553.27 billion constant 2015 US$ | +3.4% |
| 1975 | 561.82 billion constant 2015 US$ | +1.5% |
| 1976 | 594.91 billion constant 2015 US$ | +5.9% |
| 1977 | 615.94 billion constant 2015 US$ | +3.5% |
| 1978 | 638.95 billion constant 2015 US$ | +3.7% |
| 1979 | 662.75 billion constant 2015 US$ | +3.7% |
| 1980 | 677.18 billion constant 2015 US$ | +2.2% |
| 1981 | 700.31 billion constant 2015 US$ | +3.4% |
| 1982 | 678.13 billion constant 2015 US$ | -3.2% |
| 1983 | 695.51 billion constant 2015 US$ | +2.6% |
| 1984 | 736.54 billion constant 2015 US$ | +5.9% |
| 1985 | 771.43 billion constant 2015 US$ | +4.7% |
| 1986 | 787.80 billion constant 2015 US$ | +2.1% |
| 1987 | 819.88 billion constant 2015 US$ | +4.1% |
| 1988 | 856.04 billion constant 2015 US$ | +4.4% |
| 1989 | 876.05 billion constant 2015 US$ | +2.3% |
| 1990 | 877.83 billion constant 2015 US$ | +0.2% |
| 1991 | 859.47 billion constant 2015 US$ | -2.1% |
| 1992 | 867.12 billion constant 2015 US$ | +0.9% |
| 1993 | 890.17 billion constant 2015 US$ | +2.7% |
| 1994 | 930.17 billion constant 2015 US$ | +4.5% |
| 1995 | 955.12 billion constant 2015 US$ | +2.7% |
| 1996 | 971.25 billion constant 2015 US$ | +1.7% |
| 1997 | 1.01 trillion constant 2015 US$ | +4.3% |
| 1998 | 1.05 trillion constant 2015 US$ | +3.9% |
| 1999 | 1.11 trillion constant 2015 US$ | +5.1% |
| 2000 | 1.16 trillion constant 2015 US$ | +5.1% |
| 2001 | 1.19 trillion constant 2015 US$ | +1.9% |
| 2002 | 1.22 trillion constant 2015 US$ | +3.0% |
| 2003 | 1.24 trillion constant 2015 US$ | +1.8% |
| 2004 | 1.28 trillion constant 2015 US$ | +3.1% |
| 2005 | 1.32 trillion constant 2015 US$ | +3.2% |
| 2006 | 1.36 trillion constant 2015 US$ | +2.6% |
| 2007 | 1.38 trillion constant 2015 US$ | +2.1% |
| 2008 | 1.40 trillion constant 2015 US$ | +1.0% |
| 2009 | 1.36 trillion constant 2015 US$ | -2.9% |
| 2010 | 1.40 trillion constant 2015 US$ | +3.1% |
| 2011 | 1.44 trillion constant 2015 US$ | +3.1% |
| 2012 | 1.47 trillion constant 2015 US$ | +1.8% |
| 2013 | 1.50 trillion constant 2015 US$ | +2.3% |
| 2014 | 1.55 trillion constant 2015 US$ | +2.9% |
| 2015 | 1.56 trillion constant 2015 US$ | +0.6% |
| 2016 | 1.57 trillion constant 2015 US$ | +1.0% |
| 2017 | 1.62 trillion constant 2015 US$ | +3.0% |
| 2018 | 1.66 trillion constant 2015 US$ | +2.7% |
| 2019 | 1.70 trillion constant 2015 US$ | +1.9% |
| 2020 | 1.61 trillion constant 2015 US$ | -5.0% |
| 2021 | 1.71 trillion constant 2015 US$ | +6.0% |
| 2022 | 1.79 trillion constant 2015 US$ | +4.7% |
| 2023 | 1.82 trillion constant 2015 US$ | +2.0% |
| 2024 | 1.86 trillion constant 2015 US$ | +2.0% |
| 2025 | 1.89 trillion constant 2015 US$ | +1.7% |
Canada compared with similar countries
- Canada's 1.89 trillion constant 2015 US$ is above the median for high income countries, which is 76.03 billion constant 2015 US$, 24.9× the median. (80 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 355.95 billion constant 2015 US$ | 276.39 billion constant 2015 US$ | 443.99 billion constant 2015 US$ | 10 |
| 1970s | 559.68 billion constant 2015 US$ | 456.95 billion constant 2015 US$ | 662.75 billion constant 2015 US$ | 10 |
| 1980s | 759.89 billion constant 2015 US$ | 677.18 billion constant 2015 US$ | 876.05 billion constant 2015 US$ | 10 |
| 1990s | 952.26 billion constant 2015 US$ | 859.47 billion constant 2015 US$ | 1.11 trillion constant 2015 US$ | 10 |
| 2000s | 1.29 trillion constant 2015 US$ | 1.16 trillion constant 2015 US$ | 1.40 trillion constant 2015 US$ | 10 |
| 2010s | 1.55 trillion constant 2015 US$ | 1.40 trillion constant 2015 US$ | 1.70 trillion constant 2015 US$ | 10 |
| 2020s | 1.78 trillion constant 2015 US$ | 1.61 trillion constant 2015 US$ | 1.89 trillion constant 2015 US$ | 6 |
Countries ranked near Canada
- 8 Brazil 2.07 trillion constant 2015 US$ compare
- 9 Italy 2.05 trillion constant 2015 US$ compare
- 10 South Korea 1.94 trillion constant 2015 US$ compare
- 12 Australia 1.69 trillion constant 2015 US$ compare
- 13 Russia 1.64 trillion constant 2015 US$ compare
- 14 Spain 1.47 trillion constant 2015 US$ compare
More economy & growth data for Canada
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.8812 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.66 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 57.17 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0246 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,373 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 69.03 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 9.48 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0298 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,657 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 4.88 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Canada?
- Gross domestic product (gdp) in Canada was 1.89 trillion constant 2015 US$ in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Canada?
- The highest recorded value was 1.89 trillion constant 2015 US$ in 2025.
- What is the lowest gross domestic product (gdp) recorded in Canada?
- The lowest recorded value was 276.39 billion constant 2015 US$ in 1960.
- How does Canada rank for gross domestic product (gdp)?
- Canada ranks 11th out of 209 countries with data for 2025.
- Is gross domestic product (gdp) rising or falling in Canada?
- Over the last ten years it is up 21.5%. The long-run trend across the full record is rising.
- Where does this Canada data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
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About this data
Total economic output of a country or region per year. This data is adjusted by inflation but _does not_ account for differences in living costs between countries.