Gross domestic product (GDP), per unit of GDP in Canada
Canada: Gross domestic product (GDP), per unit of GDP was 0.9858 international-$ in 2021 prices per US$ of GDP in 2023. ◆ Volatile
Gross domestic product (GDP), per unit of GDP in Canada, 1960–2023
Source: Statizoid (derived). Measured in international-$ in 2021 prices per US$ of GDP.
Analysis
In 2023, gross domestic product (gdp), per unit of gdp in Canada stood at 0.9858 international-$ in 2021 prices per US$ of GDP.
That represents a change of up 1.5% on the previous year and down 4.6% over ten years.
Over the whole period, gross domestic product (gdp), per unit of gdp in Canada peaked at 8.07 international-$ in 2021 prices per US$ of GDP in 1962 and was at its lowest, 0.9713 international-$ in 2021 prices per US$ of GDP, in 2022.
That places Canada 165th out of 180 countries with data for 2023, 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), per unit of GDP in Canada, year by year
| Year | international-$ in 2021 prices per US$ of GDP | Change |
|---|---|---|
| 1960 | 7.6 international-$ in 2021 prices per US$ of GDP | — |
| 1961 | 7.82 international-$ in 2021 prices per US$ of GDP | +2.9% |
| 1962 | 8.07 international-$ in 2021 prices per US$ of GDP | +3.1% |
| 1963 | 7.96 international-$ in 2021 prices per US$ of GDP | -1.3% |
| 1964 | 7.77 international-$ in 2021 prices per US$ of GDP | -2.4% |
| 1965 | 7.48 international-$ in 2021 prices per US$ of GDP | -3.8% |
| 1966 | 7.11 international-$ in 2021 prices per US$ of GDP | -4.9% |
| 1967 | 6.81 international-$ in 2021 prices per US$ of GDP | -4.2% |
| 1968 | 6.56 international-$ in 2021 prices per US$ of GDP | -3.7% |
| 1969 | 6.26 international-$ in 2021 prices per US$ of GDP | -4.5% |
| 1970 | 5.8 international-$ in 2021 prices per US$ of GDP | -7.4% |
| 1971 | 5.41 international-$ in 2021 prices per US$ of GDP | -6.8% |
| 1972 | 5.02 international-$ in 2021 prices per US$ of GDP | -7.2% |
| 1973 | 4.63 international-$ in 2021 prices per US$ of GDP | -7.7% |
| 1974 | 3.9 international-$ in 2021 prices per US$ of GDP | -15.8% |
| 1975 | 3.65 international-$ in 2021 prices per US$ of GDP | -6.3% |
| 1976 | 3.25 international-$ in 2021 prices per US$ of GDP | -11.0% |
| 1977 | 3.29 international-$ in 2021 prices per US$ of GDP | +1.1% |
| 1978 | 3.31 international-$ in 2021 prices per US$ of GDP | +0.6% |
| 1979 | 3.09 international-$ in 2021 prices per US$ of GDP | -6.4% |
| 1980 | 2.8 international-$ in 2021 prices per US$ of GDP | -9.6% |
| 1981 | 2.58 international-$ in 2021 prices per US$ of GDP | -7.7% |
| 1982 | 2.46 international-$ in 2021 prices per US$ of GDP | -4.7% |
| 1983 | 2.34 international-$ in 2021 prices per US$ of GDP | -4.9% |
| 1984 | 2.4 international-$ in 2021 prices per US$ of GDP | +2.5% |
| 1985 | 2.4 international-$ in 2021 prices per US$ of GDP | -0.0% |
| 1986 | 2.36 international-$ in 2021 prices per US$ of GDP | -1.5% |
| 1987 | 2.21 international-$ in 2021 prices per US$ of GDP | -6.4% |
| 1988 | 1.97 international-$ in 2021 prices per US$ of GDP | -10.7% |
| 1989 | 1.84 international-$ in 2021 prices per US$ of GDP | -6.9% |
| 1990 | 1.76 international-$ in 2021 prices per US$ of GDP | -4.1% |
| 1991 | 1.67 international-$ in 2021 prices per US$ of GDP | -5.2% |
| 1992 | 1.74 international-$ in 2021 prices per US$ of GDP | +4.1% |
| 1993 | 1.83 international-$ in 2021 prices per US$ of GDP | +5.1% |
| 1994 | 1.91 international-$ in 2021 prices per US$ of GDP | +4.6% |
| 1995 | 1.92 international-$ in 2021 prices per US$ of GDP | +0.4% |
| 1996 | 1.89 international-$ in 2021 prices per US$ of GDP | -1.5% |
| 1997 | 1.89 international-$ in 2021 prices per US$ of GDP | -0.3% |
| 1998 | 1.97 international-$ in 2021 prices per US$ of GDP | +4.4% |
| 1999 | 1.96 international-$ in 2021 prices per US$ of GDP | -0.3% |
| 2000 | 1.91 international-$ in 2021 prices per US$ of GDP | -2.8% |
| 2001 | 1.92 international-$ in 2021 prices per US$ of GDP | +0.3% |
| 2002 | 1.88 international-$ in 2021 prices per US$ of GDP | -1.8% |
| 2003 | 1.67 international-$ in 2021 prices per US$ of GDP | -11.0% |
| 2004 | 1.52 international-$ in 2021 prices per US$ of GDP | -9.0% |
| 2005 | 1.43 international-$ in 2021 prices per US$ of GDP | -5.9% |
| 2006 | 1.28 international-$ in 2021 prices per US$ of GDP | -10.5% |
| 2007 | 1.18 international-$ in 2021 prices per US$ of GDP | -8.2% |
| 2008 | 1.16 international-$ in 2021 prices per US$ of GDP | -1.4% |
| 2009 | 1.18 international-$ in 2021 prices per US$ of GDP | +1.8% |
| 2010 | 1.08 international-$ in 2021 prices per US$ of GDP | -8.8% |
| 2011 | 1.03 international-$ in 2021 prices per US$ of GDP | -4.3% |
| 2012 | 1.02 international-$ in 2021 prices per US$ of GDP | -1.3% |
| 2013 | 1.03 international-$ in 2021 prices per US$ of GDP | +1.5% |
| 2014 | 1.1 international-$ in 2021 prices per US$ of GDP | +6.4% |
| 2015 | 1.21 international-$ in 2021 prices per US$ of GDP | +9.9% |
| 2016 | 1.25 international-$ in 2021 prices per US$ of GDP | +3.5% |
| 2017 | 1.21 international-$ in 2021 prices per US$ of GDP | -3.3% |
| 2018 | 1.18 international-$ in 2021 prices per US$ of GDP | -2.6% |
| 2019 | 1.17 international-$ in 2021 prices per US$ of GDP | -1.0% |
| 2020 | 1.18 international-$ in 2021 prices per US$ of GDP | +1.2% |
| 2021 | 1.02 international-$ in 2021 prices per US$ of GDP | -13.5% |
| 2022 | 0.9713 international-$ in 2021 prices per US$ of GDP | -4.8% |
| 2023 | 0.9858 international-$ in 2021 prices per US$ of GDP | +1.5% |
Canada compared with similar countries
- Canada's 0.9858 international-$ in 2021 prices per US$ of GDP is below the median for high income countries, which is 1.23 international-$ in 2021 prices per US$ of GDP, 80% of the median. (65 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.34 international-$ in 2021 prices per US$ of GDP | 6.26 international-$ in 2021 prices per US$ of GDP | 8.07 international-$ in 2021 prices per US$ of GDP | 10 |
| 1970s | 4.13 international-$ in 2021 prices per US$ of GDP | 3.09 international-$ in 2021 prices per US$ of GDP | 5.8 international-$ in 2021 prices per US$ of GDP | 10 |
| 1980s | 2.34 international-$ in 2021 prices per US$ of GDP | 1.84 international-$ in 2021 prices per US$ of GDP | 2.8 international-$ in 2021 prices per US$ of GDP | 10 |
| 1990s | 1.86 international-$ in 2021 prices per US$ of GDP | 1.67 international-$ in 2021 prices per US$ of GDP | 1.97 international-$ in 2021 prices per US$ of GDP | 10 |
| 2000s | 1.51 international-$ in 2021 prices per US$ of GDP | 1.16 international-$ in 2021 prices per US$ of GDP | 1.92 international-$ in 2021 prices per US$ of GDP | 10 |
| 2010s | 1.13 international-$ in 2021 prices per US$ of GDP | 1.02 international-$ in 2021 prices per US$ of GDP | 1.25 international-$ in 2021 prices per US$ of GDP | 10 |
| 2020s | 1.04 international-$ in 2021 prices per US$ of GDP | 0.9713 international-$ in 2021 prices per US$ of GDP | 1.18 international-$ in 2021 prices per US$ of GDP | 4 |
Countries ranked near Canada
- 162 Antigua and Barbuda 1.04 international-$ in 2021 prices per US$ of GDP compare
- 163 United Kingdom 1.02 international-$ in 2021 prices per US$ of GDP compare
- 164 Macao 1.01 international-$ in 2021 prices per US$ of GDP compare
- 166 Australia 0.9811 international-$ in 2021 prices per US$ of GDP compare
- 167 Finland 0.981 international-$ in 2021 prices per US$ of GDP compare
- 168 Denmark 0.9687 international-$ in 2021 prices per US$ of GDP 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$), annual growth rate 4.88 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp), per unit of gdp in Canada?
- Gross domestic product (gdp), per unit of gdp in Canada was 0.9858 international-$ in 2021 prices per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per unit of gdp recorded in Canada?
- The highest recorded value was 8.07 international-$ in 2021 prices per US$ of GDP in 1962.
- What is the lowest gross domestic product (gdp), per unit of gdp recorded in Canada?
- The lowest recorded value was 0.9713 international-$ in 2021 prices per US$ of GDP in 2022.
- How does Canada rank for gross domestic product (gdp), per unit of gdp?
- Canada ranks 165th out of 180 countries with data for 2023.
- Is gross domestic product (gdp), per unit of gdp rising or falling in Canada?
- Over the last ten years it is down 4.6%. The long-run trend across the full record is volatile.
- Where does this Canada data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ GDP (current US$)
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.