Services, value added (% of GDP) in Canada
Canada: Services, value added (% of GDP) was 64.1% in 2022. ▲ Rising
Services, value added in Canada, 1997–2022
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
In 2022, services, value added in Canada stood at 64.1%.
That represents a change of down 3.0% on the previous year and down 1.1% over ten years.
Over the whole period, services, value added in Canada peaked at 69.3% in 2020 and was at its lowest, 61.0%, in 2000.
That places Canada 63rd out of 206 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
Services, value added (% of GDP) in Canada, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1997 | 62.6% | — |
| 1998 | 63.3% | +1.1% |
| 1999 | 62.2% | -1.6% |
| 2000 | 61.0% | -2.0% |
| 2001 | 62.2% | +2.0% |
| 2002 | 62.7% | +0.7% |
| 2003 | 62.6% | -0.1% |
| 2004 | 62.2% | -0.8% |
| 2005 | 61.8% | -0.6% |
| 2006 | 62.4% | +1.1% |
| 2007 | 62.8% | +0.5% |
| 2008 | 62.4% | -0.6% |
| 2009 | 66.6% | +6.7% |
| 2010 | 65.4% | -1.7% |
| 2011 | 64.5% | -1.5% |
| 2012 | 64.8% | +0.5% |
| 2013 | 64.8% | +0.0% |
| 2014 | 64.6% | -0.4% |
| 2015 | 66.7% | +3.2% |
| 2016 | 67.6% | +1.5% |
| 2017 | 66.8% | -1.2% |
| 2018 | 66.5% | -0.4% |
| 2019 | 67.4% | +1.2% |
| 2020 | 69.3% | +2.8% |
| 2021 | 66.1% | -4.6% |
| 2022 | 64.1% | -3.0% |
Canada compared with similar countries
- Canada's 64.1% is below the median for high income countries, which is 66.2%, 97% of the median. (77 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 62.7% | 62.2% | 63.3% | 3 |
| 2000s | 62.7% | 61.0% | 66.6% | 10 |
| 2010s | 65.9% | 64.5% | 67.6% | 10 |
| 2020s | 66.5% | 64.1% | 69.3% | 3 |
Countries ranked near Canada
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)
- SDRs holdings, US dollar, annual growth rate 4.98 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0101 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 560.16 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0258 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0073 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 409.02 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.65 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0048 units per US$ of GDP (2025)
Frequently asked questions
- What is services, value added in Canada?
- Services, value added in Canada was 64.1% in 2022, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Canada?
- The highest recorded value was 69.3% in 2020.
- What is the lowest services, value added recorded in Canada?
- The lowest recorded value was 61.0% in 2000.
- How does Canada rank for services, value added?
- Canada ranks 63rd out of 206 countries with data for 2022.
- Is services, value added rising or falling in Canada?
- Over the last ten years it is down 1.1%. The long-run trend across the full record is rising.
- Where does this Canada data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.