Gross domestic product (GDP), Constant prices, Percent in Canada
Canada: Gross domestic product (GDP), Constant prices, Percent was 1.75 in 2031. ◆ Volatile
Gross domestic product (GDP), Constant prices, Percent in Canada, 1980–2031
Source: International Monetary Fund.
Analysis
In 2031, gross domestic product (gdp), constant prices, percent in Canada stood at 1.75.
That represents a change of up 5.3% on the previous year and down 70.5% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, percent in Canada peaked at 5.95 in 2021 and was at its lowest, -5.04, in 2020.
That places Canada 28th out of 36 countries with data for 2031, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Constant prices, Percent in Canada, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 2.16 | — |
| 1981 | 3.5 | +62.0% |
| 1982 | -3.17 | -190.4% |
| 1983 | 2.56 | -180.9% |
| 1984 | 5.9 | +130.2% |
| 1985 | 4.74 | -19.7% |
| 1986 | 2.12 | -55.2% |
| 1987 | 4.07 | +91.9% |
| 1988 | 4.41 | +8.3% |
| 1989 | 2.34 | -47.0% |
| 1990 | 0.2029 | -91.3% |
| 1991 | -2.09 | -1130.3% |
| 1992 | 0.8905 | -142.6% |
| 1993 | 2.66 | +198.5% |
| 1994 | 4.49 | +69.1% |
| 1995 | 2.68 | -40.3% |
| 1996 | 1.69 | -37.0% |
| 1997 | 4.28 | +153.4% |
| 1998 | 3.89 | -9.0% |
| 1999 | 5.14 | +32.1% |
| 2000 | 5.14 | -0.0% |
| 2001 | 1.88 | -63.5% |
| 2002 | 3 | +60.0% |
| 2003 | 1.81 | -39.8% |
| 2004 | 3.09 | +71.2% |
| 2005 | 3.21 | +3.8% |
| 2006 | 2.64 | -17.8% |
| 2007 | 2.05 | -22.3% |
| 2008 | 0.9954 | -51.4% |
| 2009 | -2.92 | -392.9% |
| 2010 | 3.09 | -206.0% |
| 2011 | 3.14 | +1.5% |
| 2012 | 1.76 | -44.0% |
| 2013 | 2.33 | +32.5% |
| 2014 | 2.87 | +23.5% |
| 2015 | 0.65 | -77.4% |
| 2016 | 1.04 | +59.8% |
| 2017 | 3.03 | +192.1% |
| 2018 | 2.74 | -9.6% |
| 2019 | 1.91 | -30.4% |
| 2020 | -5.04 | -364.0% |
| 2021 | 5.95 | -218.1% |
| 2022 | 4.7 | -21.1% |
| 2023 | 1.95 | -58.4% |
| 2024 | 2.05 | +4.8% |
| 2025 | 1.74 | -14.8% |
| 2026 | 1.5 | -13.9% |
| 2027 | 1.9 | +26.4% |
| 2028 | 1.65 | -12.7% |
| 2029 | 1.73 | +4.4% |
| 2030 | 1.67 | -3.6% |
| 2031 | 1.75 | +5.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.86 | -3.17 | 5.9 | 10 |
| 1990s | 2.38 | -2.09 | 5.14 | 10 |
| 2000s | 2.09 | -2.92 | 5.14 | 10 |
| 2010s | 2.26 | 0.65 | 3.14 | 10 |
| 2020s | 1.81 | -5.04 | 5.95 | 10 |
| 2030s | 1.71 | 1.67 | 1.75 | 2 |
Countries ranked near Canada
- 26 Trinidad and Tobago 1.79 compare
- 27 United States of America 1.75 compare
- 29 Bahamas 1.5 compare
- 29 Haiti 1.5 compare
- 29 Jamaica 1.5 compare
- 29 Saint Lucia 1.5 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)
- Exports of goods and services (current LCU), annual growth rate 0.6876 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 0.4381 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 24,399 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate -1.68 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.2418 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 13,468 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 2.16 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.229 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product (gdp), constant prices, percent in Canada?
- Gross domestic product (gdp), constant prices, percent in Canada was 1.75 in 2031, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, percent recorded in Canada?
- The highest recorded value was 5.95 in 2021.
- What is the lowest gross domestic product (gdp), constant prices, percent recorded in Canada?
- The lowest recorded value was -5.04 in 2020.
- How does Canada rank for gross domestic product (gdp), constant prices, percent?
- Canada ranks 28th out of 36 countries with data for 2031.
- Is gross domestic product (gdp), constant prices, percent rising or falling in Canada?
- Over the last ten years it is down 70.5%. The long-run trend across the full record is volatile.
- Where does this Canada data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Percent. Statizoid updates them automatically from the source API.
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About this data
The WHD Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in the Western Hemisphere. Data for the Western Hemisphere REO are prepared in conjunction and are consistent with the semi-annual World Economic Outlook (WEO) exercises. REO aggregate data may differ from WEO aggregates due to differences in group membership. Composite data for country groups are weighted averages of data for individual countries. Arithmetic weighted averages are used for all concepts except for inflation and broad money, for which geometric averages are used. PPP GDP weights from the WEO database are used for the aggregation of real GDP growth, real non-oil GDP growth, real per capita GDP growth, investment, national savings, broad money, claims on the nonfinancial private sector, and real and nominal effective exchange rates. Aggregates for other concepts are weighted by GDP in U.S. dollars at market exchange rates.