Canada GDP Growth

GDP Growth Rate

Year -

1.07%

In 2023, Canada experienced a significant a decrease in its GDP growth rate, which fall to 1.07% from 3.82% in 2022. Additionally, the GDP per capita growth rate in Canada decrease to -1.85% in 2023, compared to 1.96% in 2022.

Canada GDP Growth

In 2023, Canada experienced a decrease in economic performance, with the GDP growth rate falling by 2.75%. Additionally, the GDP per capita growth rate decrease by 3.81%.

Canada Annual GDP Growth Table

Source: Worldbank Growth Growth Capita

Canada Annual GDP Growth
YearGDP GrowthNet ChgGDP Capita GrowthNet Chg
19613.16%3.16%1.12%1.12%
19627.43%4.27%5.45%4.33%
19635.3%-2.13%3.35%-2.10%
19646.66%1.36%4.66%1.31%
19656.32%-0.34%4.41%-0.25%
19666.76%0.44%4.79%0.38%
19673.07%-3.69%1.23%-3.56%
19685.01%1.94%3.33%2.10%
19695.07%0.06%3.65%0.32%
19702.92%-2.15%1.49%-2.16%
19714.02%1.10%1%-0.49%
19725.52%1.50%4.3%3.30%
19736.73%1.21%5.43%1.13%
19743.36%-3.37%1.92%-3.51%
19751.55%-1.81%0.07%-1.85%
19765.89%4.34%4.51%4.44%
19773.53%-2.36%2.33%-2.18%
19783.74%0.21%2.71%0.38%
19793.73%-0.01%2.7%-0.01%
19802.18%-1.55%0.87%-1.83%
19813.42%1.24%2.15%1.28%
1982-3.17%-6.59%-4.31%-6.46%
19832.56%5.73%1.55%5.86%
19845.9%3.34%4.9%3.35%
19854.74%-1.16%3.78%-1.12%
19862.12%-2.62%1.11%-2.67%
19874.07%1.95%2.71%1.60%
19884.41%0.34%3.07%0.36%
19892.34%-2.07%0.52%-2.55%
19900.2%-2.14%-1.3%-1.82%
1991-2.09%-2.29%-3.3%-2.00%
19920.89%2.98%-0.3%3.00%
19932.66%1.77%1.54%1.84%
19944.49%1.83%3.36%1.82%
19952.68%-1.81%1.63%-1.73%
19961.69%-0.99%0.63%-1.00%
19974.28%2.59%3.25%2.62%
19983.89%-0.39%3.03%-0.22%
19995.14%1.25%4.29%1.26%
20005.14%0.00%4.16%-0.13%
20011.88%-3.26%0.77%-3.39%
20023%1.12%1.89%1.12%
20031.81%-1.19%0.9%-0.99%
20043.09%1.28%2.14%1.24%
20053.21%0.12%2.24%0.10%
20062.64%-0.57%1.6%-0.64%
20072.05%-0.59%1.06%-0.54%
20081%-1.05%-0.09%-1.15%
2009-2.92%-3.92%-4.02%-3.93%
20103.09%6.01%1.95%5.97%
20113.14%0.05%2.14%0.19%
20121.76%-1.38%0.66%-1.48%
20132.33%0.57%1.25%0.59%
20142.87%0.54%1.85%0.60%
20150.65%-2.22%-0.11%-1.96%
20161.04%0.39%-0.1%0.01%
20173.03%1.99%1.81%1.91%
20182.74%-0.29%1.28%-0.53%
20191.91%-0.83%0.43%-0.85%
2020-5.04%-6.95%-6.06%-6.49%
20215.29%10.33%4.71%10.77%
20223.82%-1.47%1.96%-2.75%
20231.07%-2.75%-1.85%-3.81%