Gross domestic product (GDP) in Canada
Canada: Gross domestic product (GDP) was 2.42 trillion international-$ in 2021 prices in 2025. ▲ Rising
Gross domestic product (GDP) in Canada, 1990–2025
Source: Eurostat, OECD, IMF, and World Bank (2026) – with minor processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
Canada recorded 2.42 trillion international-$ in 2021 prices for gross domestic product (gdp) in 2025. That is the highest value across all 36 years on record.
Compared with earlier readings it is 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 2.42 trillion international-$ in 2021 prices in 2025 and was at its lowest, 1.10 trillion international-$ in 2021 prices, in 1991.
Canada ranks 16th of 198 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 36 years of available data.
Gross domestic product (GDP) in Canada, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1990 | 1.12 trillion international-$ in 2021 prices | — |
| 1991 | 1.10 trillion international-$ in 2021 prices | -2.1% |
| 1992 | 1.11 trillion international-$ in 2021 prices | +0.9% |
| 1993 | 1.14 trillion international-$ in 2021 prices | +2.7% |
| 1994 | 1.19 trillion international-$ in 2021 prices | +4.5% |
| 1995 | 1.22 trillion international-$ in 2021 prices | +2.7% |
| 1996 | 1.24 trillion international-$ in 2021 prices | +1.7% |
| 1997 | 1.29 trillion international-$ in 2021 prices | +4.3% |
| 1998 | 1.34 trillion international-$ in 2021 prices | +3.9% |
| 1999 | 1.41 trillion international-$ in 2021 prices | +5.1% |
| 2000 | 1.49 trillion international-$ in 2021 prices | +5.1% |
| 2001 | 1.51 trillion international-$ in 2021 prices | +1.9% |
| 2002 | 1.56 trillion international-$ in 2021 prices | +3.0% |
| 2003 | 1.59 trillion international-$ in 2021 prices | +1.8% |
| 2004 | 1.64 trillion international-$ in 2021 prices | +3.1% |
| 2005 | 1.69 trillion international-$ in 2021 prices | +3.2% |
| 2006 | 1.73 trillion international-$ in 2021 prices | +2.6% |
| 2007 | 1.77 trillion international-$ in 2021 prices | +2.1% |
| 2008 | 1.79 trillion international-$ in 2021 prices | +1.0% |
| 2009 | 1.73 trillion international-$ in 2021 prices | -2.9% |
| 2010 | 1.79 trillion international-$ in 2021 prices | +3.1% |
| 2011 | 1.84 trillion international-$ in 2021 prices | +3.1% |
| 2012 | 1.88 trillion international-$ in 2021 prices | +1.8% |
| 2013 | 1.92 trillion international-$ in 2021 prices | +2.3% |
| 2014 | 1.97 trillion international-$ in 2021 prices | +2.9% |
| 2015 | 1.99 trillion international-$ in 2021 prices | +0.6% |
| 2016 | 2.01 trillion international-$ in 2021 prices | +1.0% |
| 2017 | 2.07 trillion international-$ in 2021 prices | +3.0% |
| 2018 | 2.13 trillion international-$ in 2021 prices | +2.7% |
| 2019 | 2.17 trillion international-$ in 2021 prices | +1.9% |
| 2020 | 2.06 trillion international-$ in 2021 prices | -5.0% |
| 2021 | 2.18 trillion international-$ in 2021 prices | +6.0% |
| 2022 | 2.28 trillion international-$ in 2021 prices | +4.7% |
| 2023 | 2.33 trillion international-$ in 2021 prices | +2.0% |
| 2024 | 2.37 trillion international-$ in 2021 prices | +2.0% |
| 2025 | 2.42 trillion international-$ in 2021 prices | +1.7% |
Canada compared with similar countries
- Canada's 2.42 trillion international-$ in 2021 prices is above the median for high income countries, which is 209.44 billion international-$ in 2021 prices, 11.5× the median. (74 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.22 trillion international-$ in 2021 prices | 1.10 trillion international-$ in 2021 prices | 1.41 trillion international-$ in 2021 prices | 10 |
| 2000s | 1.65 trillion international-$ in 2021 prices | 1.49 trillion international-$ in 2021 prices | 1.79 trillion international-$ in 2021 prices | 10 |
| 2010s | 1.98 trillion international-$ in 2021 prices | 1.79 trillion international-$ in 2021 prices | 2.17 trillion international-$ in 2021 prices | 10 |
| 2020s | 2.27 trillion international-$ in 2021 prices | 2.06 trillion international-$ in 2021 prices | 2.42 trillion international-$ in 2021 prices | 6 |
Countries ranked near Canada
- 13 Mexico 2.89 trillion international-$ in 2021 prices compare
- 14 South Korea 2.88 trillion international-$ in 2021 prices compare
- 15 Spain 2.43 trillion international-$ in 2021 prices compare
- 17 Saudi Arabia 2.33 trillion international-$ in 2021 prices compare
- 18 Egypt 2.04 trillion international-$ in 2021 prices compare
- 19 Nigeria 1.93 trillion international-$ in 2021 prices 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$), annual growth rate 4.88 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Canada?
- Gross domestic product (gdp) in Canada was 2.42 trillion international-$ in 2021 prices in 2025, according to Eurostat, OECD, IMF, and World Bank (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 2.42 trillion international-$ in 2021 prices in 2025.
- What is the lowest gross domestic product (gdp) recorded in Canada?
- The lowest recorded value was 1.10 trillion international-$ in 2021 prices in 1991.
- How does Canada rank for gross domestic product (gdp)?
- Canada ranks 16th out of 198 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 Eurostat, OECD, IMF, and World Bank (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.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.