Gross value added at basic prices (GVA) (current US$), annual growth in Canada

Canada: Gross value added at basic prices (GVA) (current US$), annual growth was 2.6 % change on previous year in 2025. ◆ Volatile

Latest (2025)
2.6 % change on previous year
Change on year
down 24.5%
World rank
172nd
of 205 countries
All-time high
21.75 % change on previous year
in 1974
All-time low
-14.12 % change on previous year
in 2015
Years of data
64
1962–2025

Gross value added at basic prices (GVA) (current US$), annual growth in Canada, 1962–2025

-1001020196219932025

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

Analysis

The most recent figure for gross value added at basic prices (gva) (current us$), annual growth in Canada is 2.6 % change on previous year, measured in 2025.

That represents a change of down 24.5% on the previous year and up 118.4% over ten years.

Over the whole period, gross value added at basic prices (gva) (current us$), annual growth in Canada peaked at 21.75 % change on previous year in 1974 and was at its lowest, -14.12 % change on previous year, in 2015.

Canada ranks 172nd of 205 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 value added at basic prices (GVA) (current US$), annual growth in Canada, year by year

Annual values for Gross value added at basic prices (GVA) (current US$), annual growth rate in Canada, 1962 to 2025.
Year % change on previous year Change
1962 2.72 % change on previous year
1963 6.88 % change on previous year +153.1%
1964 9.2 % change on previous year +33.7%
1965 10 % change on previous year +8.7%
1966 12.18 % change on previous year +21.8%
1967 7.32 % change on previous year -39.9%
1968 9.56 % change on previous year +30.7%
1969 10.17 % change on previous year +6.3%
1970 11.38 % change on previous year +11.9%
1971 12.86 % change on previous year +13.0%
1972 13.56 % change on previous year +5.5%
1973 16.11 % change on previous year +18.8%
1974 21.75 % change on previous year +35.0%
1975 10.26 % change on previous year -52.8%
1976 18.89 % change on previous year +84.1%
1977 2.51 % change on previous year -86.7%
1978 3.68 % change on previous year +46.7%
1979 11.64 % change on previous year +216.2%
1980 13.28 % change on previous year +14.1%
1981 9.46 % change on previous year -28.8%
1982 2.6 % change on previous year -72.6%
1983 9.22 % change on previous year +255.1%
1984 4.37 % change on previous year -52.6%
1985 2.41 % change on previous year -44.9%
1986 2.65 % change on previous year +9.9%
1987 14.01 % change on previous year +429.1%
1988 17.05 % change on previous year +21.7%
1989 10.83 % change on previous year -36.5%
1990 5.59 % change on previous year -48.4%
1991 2.6 % change on previous year -53.4%
1992 -3.08 % change on previous year -218.5%
1993 -2.56 % change on previous year -16.9%
1994 0.3447 % change on previous year -113.4%
1995 4.46 % change on previous year +1195.0%
1996 4.2 % change on previous year -5.8%
1997 3.66 % change on previous year -13.0%
1998 -3.3 % change on previous year -190.3%
1999 7.07 % change on previous year -314.0%
2000 10.08 % change on previous year +42.6%
2001 -0.5485 % change on previous year -105.4%
2002 2.35 % change on previous year -527.7%
2003 18.12 % change on previous year +672.6%
2004 14.74 % change on previous year -18.7%
2005 14.46 % change on previous year -1.9%
2006 12.64 % change on previous year -12.6%
2007 11.45 % change on previous year -9.4%
2008 6.27 % change on previous year -45.3%
2009 -11.81 % change on previous year -288.5%
2010 17.76 % change on previous year -250.3%
2011 11.03 % change on previous year -37.9%
2012 1.85 % change on previous year -83.2%
2013 1.07 % change on previous year -42.3%
2014 -2.26 % change on previous year -311.9%
2015 -14.12 % change on previous year +524.2%
2016 -2.01 % change on previous year -85.8%
2017 7.84 % change on previous year -490.0%
2018 4.78 % change on previous year -39.0%
2019 1.35 % change on previous year -71.9%
2020 -4.64 % change on previous year -444.5%
2021 21.45 % change on previous year -562.6%
2022 8.9 % change on previous year -58.5%
2023 -0.2773 % change on previous year -103.1%
2024 3.44 % change on previous year -1339.9%
2025 2.6 % change on previous year -24.5%

Averages by decade

DecadeAverage LowestHighest Years
1960s 8.5 % change on previous year 2.72 % change on previous year 12.18 % change on previous year 8
1970s 12.26 % change on previous year 2.51 % change on previous year 21.75 % change on previous year 10
1980s 8.59 % change on previous year 2.41 % change on previous year 17.05 % change on previous year 10
1990s 1.9 % change on previous year -3.3 % change on previous year 7.07 % change on previous year 10
2000s 7.77 % change on previous year -11.81 % change on previous year 18.12 % change on previous year 10
2010s 2.73 % change on previous year -14.12 % change on previous year 17.76 % change on previous year 10
2020s 5.25 % change on previous year -4.64 % change on previous year 21.45 % change on previous year 6

Countries ranked near Canada

  1. 169 Afghanistan 3 % change on previous year compare
  2. 170 New Zealand 2.74 % change on previous year compare
  3. 171 Dominican Republic 2.66 % change on previous year compare
  4. 173 Puerto Rico 2.6 % change on previous year compare
  5. 174 Gabon 2.54 % change on previous year compare
  6. 175 Oman 2.38 % change on previous year compare

See the full ranking of 244 places →

More economy & growth data for Canada

All data for Canada →

Frequently asked questions

What is gross value added at basic prices (gva) (current us$), annual growth in Canada?
Gross value added at basic prices (gva) (current us$), annual growth in Canada was 2.6 % change on previous year in 2025, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (current us$), annual growth recorded in Canada?
The highest recorded value was 21.75 % change on previous year in 1974.
What is the lowest gross value added at basic prices (gva) (current us$), annual growth recorded in Canada?
The lowest recorded value was -14.12 % change on previous year in 2015.
How does Canada rank for gross value added at basic prices (gva) (current us$), annual growth?
Canada ranks 172nd out of 205 countries with data for 2025.
Is gross value added at basic prices (gva) (current us$), annual growth rising or falling in Canada?
Over the last ten years it is up 118.4%. 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 value added at basic prices (GVA) (current US$), annual growth rate. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (current US$), annual growth in Canada. Statizoid, drawing on Statizoid (derived). Retrieved 29 August 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-current-us-annual-growth-rate/canada/

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How this figure is calculated

The year-on-year percentage change in Gross value added at basic prices (GVA) (current 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 value added at basic prices (GVA) (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
244 places, 10,675 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross value added at basic prices (GVA) (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.