Gross National Income — Value US$, annual growth rate in Canada

Canada: Gross National Income — Value US$, annual growth rate was -0.9661 % change on previous year in 2023. ◆ Volatile

Latest (2023)
-0.9661 % change on previous year
Change on year
down 113.4%
World rank
191st
of 236 countries
All-time high
22.03 % change on previous year
in 1974
All-time low
-13.73 % change on previous year
in 2015
Years of data
53
1971–2023

Gross National Income — Value US$, annual growth rate in Canada, 1971–2023

-1001020197119972023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Canada recorded -0.9661 % change on previous year for gross national income — value us$, annual growth rate in 2023.

The figure is down 113.4% on the previous year and down 176.9% over ten years.

Over the whole period, gross national income — value us$, annual growth rate in Canada peaked at 22.03 % change on previous year in 1974 and was at its lowest, -13.73 % change on previous year, in 2015.

Canada ranks 191st of 236 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross National Income — Value US$, annual growth rate in Canada, year by year

Annual values for Gross National Income — Value US$, annual growth rate in Canada, 1971 to 2023.
Year % change on previous year Change
1971 12.87 % change on previous year
1972 13.99 % change on previous year +8.6%
1973 16.14 % change on previous year +15.4%
1974 22.03 % change on previous year +36.5%
1975 8.34 % change on previous year -62.1%
1976 18.49 % change on previous year +121.6%
1977 2.12 % change on previous year -88.5%
1978 2.93 % change on previous year +38.1%
1979 10.89 % change on previous year +272.0%
1980 12.68 % change on previous year +16.4%
1981 11.07 % change on previous year -12.6%
1982 2.28 % change on previous year -79.4%
1983 9.24 % change on previous year +304.4%
1984 4.17 % change on previous year -54.9%
1985 2.69 % change on previous year -35.5%
1986 3.17 % change on previous year +17.9%
1987 14.61 % change on previous year +360.5%
1988 17.41 % change on previous year +19.2%
1989 11.12 % change on previous year -36.1%
1990 4.91 % change on previous year -55.8%
1991 3.06 % change on previous year -37.8%
1992 -3.23 % change on previous year -205.7%
1993 -2.39 % change on previous year -26.1%
1994 -0.042 % change on previous year -98.2%
1995 4.64 % change on previous year -11136.6%
1996 4.2 % change on previous year -9.4%
1997 4.11 % change on previous year -2.2%
1998 -3.47 % change on previous year -184.4%
1999 7 % change on previous year -301.9%
2000 10.6 % change on previous year +51.4%
2001 -0.9562 % change on previous year -109.0%
2002 3.17 % change on previous year -431.4%
2003 17.9 % change on previous year +465.1%
2004 14.97 % change on previous year -16.4%
2005 14.45 % change on previous year -3.5%
2006 12.95 % change on previous year -10.4%
2007 11.47 % change on previous year -11.4%
2008 5.72 % change on previous year -50.1%
2009 -11.58 % change on previous year -302.5%
2010 17.19 % change on previous year -248.4%
2011 10.98 % change on previous year -36.1%
2012 2.07 % change on previous year -81.1%
2013 1.26 % change on previous year -39.4%
2014 -2.3 % change on previous year -283.5%
2015 -13.73 % change on previous year +495.9%
2016 -1.52 % change on previous year -88.9%
2017 7.88 % change on previous year -617.8%
2018 4.16 % change on previous year -47.3%
2019 1.59 % change on previous year -61.7%
2020 -4.6 % change on previous year -389.2%
2021 21.08 % change on previous year -558.3%
2022 7.19 % change on previous year -65.9%
2023 -0.9661 % change on previous year -113.4%

Biggest year-on-year movements

Years where Gross National Income — Value US$, annual growth rate in Canada changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1995 +11136.6% -0.042 % change on previous year 4.64 % change on previous year
2017 +617.8% -1.52 % change on previous year 7.88 % change on previous year
2021 +558.3% -4.6 % change on previous year 21.08 % change on previous year
2015 -495.9% -2.3 % change on previous year -13.73 % change on previous year
2003 +465.1% 3.17 % change on previous year 17.9 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 11.98 % change on previous year 2.12 % change on previous year 22.03 % change on previous year 9
1980s 8.85 % change on previous year 2.28 % change on previous year 17.41 % change on previous year 10
1990s 1.88 % change on previous year -3.47 % change on previous year 7 % change on previous year 10
2000s 7.87 % change on previous year -11.58 % change on previous year 17.9 % change on previous year 10
2010s 2.76 % change on previous year -13.73 % change on previous year 17.19 % change on previous year 10
2020s 5.68 % change on previous year -4.6 % change on previous year 21.08 % change on previous year 4

Countries ranked near Canada

  1. 188 Oman 0.1492 % change on previous year compare
  2. 189 China, mainland -0.4699 % change on previous year compare
  3. 190 Bahrain -0.863 % change on previous year compare
  4. 192 Japan -1.02 % change on previous year compare
  5. 193 Malaysia -1.51 % change on previous year compare
  6. 194 Laos -1.69 % change on previous year compare
  7. 194 Lao People's Democratic Republic -1.69 % change on previous year compare

See the full ranking of 266 places →

More economy & growth data for Canada

All data for Canada →

Frequently asked questions

What is gross national income — value us$, annual growth rate in Canada?
Gross national income — value us$, annual growth rate in Canada was -0.9661 % change on previous year in 2023, according to Statizoid (derived).
What is the highest gross national income — value us$, annual growth rate recorded in Canada?
The highest recorded value was 22.03 % change on previous year in 1974.
What is the lowest gross national income — value us$, annual growth rate recorded in Canada?
The lowest recorded value was -13.73 % change on previous year in 2015.
How does Canada rank for gross national income — value us$, annual growth rate?
Canada ranks 191st out of 236 countries with data for 2023.
Is gross national income — value us$, annual growth rate rising or falling in Canada?
Over the last ten years it is down 176.9%. 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 National Income — Value US$, annual growth rate. Statizoid updates them automatically from the source API.

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Gross National Income — Value US$, annual growth rate in Canada. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/gross-national-income-value-us-annual-growth-rate/canada/

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How this figure is calculated

The year-on-year percentage change in Gross National Income — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross National Income — Value US$, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
266 places, 13,049 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Gross National Income — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.