Gross domestic product (GDP) per capita in Canada 2024

The statistic shows the gross domestic product (GDP) per capita in Canada from 1984 to 2018, with projections up until 2024. In 2018, the gross domestic product per capita in Canada was around 46,290.22 U.S. dollars.

Canada's economy

GDP per capita is a measurement often used to determine economic growth and potential increases in productivity and is calculated by taking the GDP and dividing it by the total population in the country. In 2014, Canada had one of the largest GDP per capita values in the world, a value that has grown continuously since 2010 after experiencing a slight downturn due to the financial crisis of 2008.

Canada is seen as one of the premier countries in the world, particularly due to its strong economy and healthy international relations, most notably with the United States. Canada and the United States have political, social and economical similarities that further strengthen their relationship. The United States was and continues to be Canada’s primary and most important trade partner and vice versa.

Canada’s economy is partly supported by its exports, most notably crude oil, which was the country’s largest export category. Canada was also one of the world’s leading oil exporters in 2013, exporting more than the United States. Additionally, Canada was also a major exporter of goods such as motor vehicles and mechanical appliances, which subsequently ranked the country as one of the world’s top export countries in 2013.

Canada: Gross domestic product (GDP) per capita in current prices from 1984 to 2024

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Source

Release date

October 2019

Region

Canada

Survey time period

1984 to 2018

Supplementary notes

* Estimate.

Figures have been rounded for the sake of a better understanding of the statistic.

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Statistics on "Canada"

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