Misplaced Pages

List of Canadian provinces and territories by gross domestic product

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.
(Redirected from List of Canadian subdivisions by GDP)

Map of the Canadian provinces and territories by GDP in millions of Canadian dollars in 2022.
  •   > 1,000,000
  •   > 500,000
  •   > 300,000
  •   > 80,000
  •   > 40,000
  •   < 10,000

This article lists Canadian provinces and territories by gross domestic product (GDP).

While Canada's ten provinces and three territories exhibit high per capita GDPs, there is wide variation among them. Ontario, the country's most populous province, is a major manufacturing and trade hub with extensive linkages to the northeastern and midwestern United States. The economies of Alberta, Saskatchewan, Newfoundland and Labrador and the territories rely heavily on natural resources. On the other hand, Manitoba, Quebec and The Maritimes have the country's lowest per capita GDP values.

In the face of these long-term regional disparities, the Government of Canada redistributes some of its revenues through unconditional equalization payments and finances the delivery of comparable levels of government services through the Canada Health Transfer and the Canada Social Transfer.

GDP and per capita GDP, 2023

A table listing total GDP (expenditure-based), share of Canadian GDP, population, and per capita GDP in 2023. For illustrative purposes, market income (total income less government transfers) per capita from tax returns is included. (The per capita, rather than per tax filer, measure is chosen for comparability with GDP per capita.)

Province
or
territory
GDP
(million
CAD, 2023)
Share of
national GDP
(%, 2023)
Population
(July 1, 2023)
GDP
per capita
(CAD, 2023)
Market
income
per capita
(CAD, 2022)
 Canada 2,933,810 100.00 40,083,484 73,192 39,741
 Alberta 452,410 15.42 4,684,514 96,576 43,434
 British Columbia 409,881 13.97 5,531,553 74,099 42,094
 Manitoba 91,872 3.13 1,454,743 63,153 33,057
 Newfoundland and Labrador 38,959 1.33 538,907 72,293 33,871
 New Brunswick 47,035 1.60 832,190 56,520 32,145
 Northwest Territories 5,478 0.19 44,681 122,602 47,470
 Nova Scotia 59,574 2.03 1,056,486 56,389 33,866
 Nunavut 4,825 0.16 40,700 118,550 29,475
 Ontario 1,119,545 38.16 15,623,207 71,659 40,940
 Prince Edward Island 9,924 0.34 173,713 57,129 32,329
 Quebec 579,460 19.75 8,848,020 65,490 37,819
 Saskatchewan 109,702 3.74 1,209,307 90,715 35,744
 Yukon 4,330 0.15 45,463 95,242 48,232

Source: Statistics Canada: GDP (totals), Population, Total income and government transfers, Population covered by income data

International comparisons, 2023

In the table below, the figures from the previous table are converted to United States dollars using the ratio of the International Monetary Fund's estimate for Canada's GDP by purchasing power parity (PPP) to Canada's nominal GDP. The per capita GDP PPP for the relevant year of other advanced economies with a population of at least 15 million according to the International Monetary Fund is provided as comparison.

(Note that because the same conversion rate is used for all of Canada, this method overstates the GDP PPP of provinces and territories with high price levels, and understates the GDP PPP of provinces and territories with low price levels.)

Province
or
territory
GDP PPP
(million
Int$, 2023)
GDP
per capita PPP
(Int$, 2023)
 Canada 2,524,378 62,978
 Ontario 963,305 61,659
 Quebec 498,593 56,351
 Alberta 389,273 83,098
 British Columbia 352,679 63,758
 Saskatchewan 94,392 78,055
 Manitoba 79,051 54,340
 Nova Scotia 51,260 48,519
 New Brunswick 40,471 48,632
 Newfoundland and Labrador 33,522 62,204
 Prince Edward Island 8,539 49,156
 Northwest Territories 4,714 105,492
 Nunavut 4,152 102,006
 Yukon 3,726 81,951
 Australia 67,901
 France 63,881
 Germany 69,532
 Italy 59,165
 Japan 51,399
 South Korea 60,046
 Netherlands 79,586
 Spain 52,908
 Taiwan 74,409
 United Kingdom 60,735
 United States 82,715

Source: International Monetary Fund

Real GDP at basic prices, 2014–2018

A table listing annual GDP at basic prices from 2014 through 2018 in chained 2012 dollars. Caution: GDP at basic prices differs from GDP in the treatment of taxes and subsidies.

Province
or
territory
GDP
(million
chained (2012)
CAD, 2014)
GDP
(million
chained (2012)
CAD, 2015)
GDP
(million
chained (2012)
CAD, 2016)
GDP
(million
chained (2012)
CAD, 2017)
GDP
(million
chained (2012)
CAD, 2018)
British Columbia 219,060.9 224,153.4 231,509.9 240,657.9 246,506.3
Alberta 338,262.6 326,476.7 313,241.5 327,596.2 335,095.6
Saskatchewan 80,175.7 79,574.2 79,364.4 81,179.0 82,502.7
Manitoba 58,276.3 59,082.5 60,066.2 61,941.2 62,723.1
Ontario 659,861.2 677,384.0 693,900.4 712,984.3 728,363.7
Quebec 338,319.0 341,688.0 346,713.7 356,677.9 365,614.4
New Brunswick 29,039.6 29,275.7 29,686.3 30,271.8 30,295.3
Prince Edward Island 5,205.6 5,280.7 5,372.2 5,553.3 5,700.0
Nova Scotia 34,747.2 35,013.4 35,549.3 36,075.4 36,518.2
Newfoundland and Labrador 31,143.3 30,806.0 31,334.5 31,610.6 30,757.9
Yukon 2,510.9 2,320.2 2,482.5 2,554.5 2,626.1
Northwest Territories 4,574.6 4,621.3 4,679.8 4,861.3 4,954.7
Nunavut 2,363.6 2,353.0 2,434.3 2,685.3 2,955.0

Source: Statistics Canada

Components of GDP, 2022

A table of Canadian provinces and territories by descending GDP (at current prices and expenditure-based); all figures are from Statistics Canada.

Province
or
territory
GDP
(million
CAD, 2022)
= Final
consumption
expenditure
+ Gross
capital
formation
+ Investment
in
Inventories
+ Exports − Imports
Canada 2,813,289 2,095,366 655,217 58,343 1,479,834 1,476,141
British Columbia 395,215 303,857 107,640 8,666 162,910 187,951
Alberta 459,288 248,988 104,139 3,932 313,150 211,024
Saskatchewan 114,412 64,776 21,169 4,761 82,793 59,107
Manitoba 86,531 75,823 16,876 1,250 45,974 53,391
Ontario 1,048,258 806,682 243,641 23,684 531,292 557,299
Quebec 545,594 440,988 124,559 13,604 254,954 288,681
New Brunswick 44,501 43,572 8,762 1,199 33,216 42,259
Prince Edward Island 9,376 8,960 2,110 254 4,379 6,325
Nova Scotia 54,383 58,082 13,261 196 19,786 36,951
Newfoundland and Labrador 40,720 29,210 9,424 452 23,525 21,896
Yukon 3,930 4,004 1,234 −112 1,180 2,377
Northwest Territories 5,574 5,164 1,118 221 3,550 4,481
Nunavut 4,753 3,497 1,266 236 3,121 3,371

Figures may not add up precisely due to omission of the statistical discrepancy column and the "Outside Canada" row.

Census metropolitan areas (CMA) by GDP at basic prices, 2021

This is a list of Canadian metropolitan areas by their gross domestic product (GDP) at basic prices according to data by Statistics Canada.

Rank Census metropolitan areas GDP
(million
CAD, 2021)
GDP
per capita
(CAD, 2021)
1 Toronto (Census Metropolitan Area) 473,663 73,176
2 Montreal (Census Metropolitan Area) 253,901 58,636
3 Vancouver (Census Metropolitan Area) 183,140 66,081
4 Calgary (Census Metropolitan Area) 115,136 74,752
5 Ottawa–Gatineau (Census Metropolitan Area) 98,693 64,072
6 Edmonton (Census Metropolitan Area) 93,271 63,346
7 Quebec (Census Metropolitan Area) 52,555 62,212
8 Winnipeg (Census Metropolitan Area) 48,388 56,250
9 Hamilton (Census Metropolitan Area) 41,169 50,343
10 Tri-Cities (Census Metropolitan Area) 37,144 61,670
11 London (Census Metropolitan Area) 30,635 53,979
12 Halifax (Census Metropolitan Area) 26,967 55,931
13 Victoria (Census Metropolitan Area) 24,285 58,575
14 Saskatoon (Census Metropolitan Area) 21,859 66,591
15 Regina (Census Metropolitan Area) 19,637 76,299
16 St. Catharines – Niagara (Census Metropolitan Area) 18,716 41,506
17 Windsor (Census Metropolitan Area) 18,026 41,017
18 Oshawa (Census Metropolitan Area) 14,814 34,171
19 St. John's (Census Metropolitan Area) 13,744 62,458
20 Kelowna (Census Metropolitan Area) 12,278 52,888
21 Guelph (Census Metropolitan Area) 11,839 68,483
22 Sherbrooke (Census Metropolitan Area) 10,326 45,034
23 Sudbury (Census Metropolitan Area) 10,324 58,191
24 Saguenay (Census Metropolitan Area) 10,143 62,466
25 Kingston (Census Metropolitan Area) 10,132 56,381
26 Barrie (Census Metropolitan Area) 9,557 43,037
27 Abbotsford – Mission (Census Metropolitan Area) 9,294 45,410
28 Moncton (Census Metropolitan Area) 8,893 55,107
29 Trois-Rivières (Census Metropolitan Area) 7,649 47,062
30 Thunder Bay (Census Metropolitan Area) 7,256 56,670
31 Lethbridge (Census Metropolitan Area) 7,071 55,026
32 Kamloops (Census Metropolitan Area) 6,916 58,094
33 Saint John (Census Metropolitan Area) 6,800 51,074
34 Brantford (Census Metropolitan Area) 6,731 42,951
35 Fredericton (Census Metropolitan Area) 6,286 56,622
36 Nanaimo (Census Metropolitan Area) 5,789 48,156
37 Red Deer (Census Metropolitan Area) 5,781 55,358
38 Belleville (Census Metropolitan Area) 5,640 48,834
39 Peterborough (Census Metropolitan Area) 5,381 40,259
40 Drummondville (Census Metropolitan Area) 4,959 48,449
41 Chilliwack (Census Metropolitan Area) 4,826 40,680

See also

Notes

  1. Canada, Government of Canada, Statistics (3 May 2017). "Dictionary, Census of Population, 2016 – Market income". www12.statcan.gc.ca. Retrieved 2019-11-07.{{cite web}}: CS1 maint: multiple names: authors list (link)
  2. Canada, Government of Canada, Statistics (7 November 2024). "Gross domestic product, expenditure-based, provincial and territorial, annual". www150.statcan.gc.ca. Retrieved 2024-11-07.{{cite web}}: CS1 maint: multiple names: authors list (link)
  3. Canada, Government of Canada, Statistics (25 September 2024). "Population estimates, quarterly". www150.statcan.gc.ca. Retrieved 2024-09-26.{{cite web}}: CS1 maint: multiple names: authors list (link)
  4. Canada, Government of Canada, Statistics (27 June 2024). "Tax filers and dependants with income by source of income". www150.statcan.gc.ca. Retrieved 2024-06-27.{{cite web}}: CS1 maint: multiple names: authors list (link)
  5. Canada, Government of Canada, Statistics (27 June 2024). "Selected characteristics of tax filers and dependants, income and demographics (final T1 Family File)". www150.statcan.gc.ca. Retrieved 2024-06-27.{{cite web}}: CS1 maint: multiple names: authors list (link)
  6. "World Economic Outlook Database, October 2024". www.imf.org. Retrieved 2024-11-07.
  7. "World Economic Outlook Database, October 2024". www.imf.org. Retrieved 2024-11-07.
  8. "Glossary". www150.statcan.gc.ca. 30 May 2017. Retrieved 2019-11-07.
  9. "Gross domestic product (GDP) at basic prices, by industry, provinces and territories (x 1,000,000)". Government of Canada, Statistics. September 7, 2019. Retrieved September 7, 2019.
  10. "Table 36-10-0222-01 – Gross domestic product, expenditure-based, provincial and territorial, annual (dollars unless otherwise noted), CANSIM (database)". Statistics Canada. 2023-11-08.
  11. "Gross domestic product (GDP) at basic prices, by census metropolitan area (CMA)". Statistics Canada.

References

Lists relating to the provinces and territories of Canada
Ranked
Political
Historical
Other
List of North American subdivisions by GDP
Sovereign states
Dependencies and
other territories
Lists of countries by GDP rankings
Nominal
Purchasing power parity
(PPP)
Growth rate
Gross national income (GNI)
Countries by region
Subnational divisions

*Top country subdivisions by GDP *Top country subdivisions by GDP per capita *Top country metropolitan by GDP

Economy of Canada
Currency: Canadian dollar
General
topics
Industry
Tax
Labour
Federal
agencies
Federal
programs
Finance
Organisations
Indices
Categories: