Prince Edward Island - Statistics & Facts

Prince Edward Island is Canada’s smallest province in terms of population and land size, but it is the most densely populated. Prince Edward Island has an estimated population of about 170,688 people, with more than half living in rural areas. Prince Edward Island is expected to reach a population of 208,700 people by 2043 and saw an overall increase in the number of immigrants moving to the Island since 2000. Bordered by New Brunswick, Nova Scotia, Quebec, and Newfoundland and Labrador, Prince Edward Island’s capital is Charlottetown, their largest city.

The economy of Prince Edward Island

Prince Edward Island’s economy is primarily driven by farming, as it produces a quarter of Canada’s potatoes. In 2021, the province had a GDP of 6.3 billion Canadian dollars, where the real estate and leasing industry had the highest GDP out of all industries. Three percent of the province's GDP is generated by the underground economy, and it has the third-highest unemployment rate out of all Canadian provinces. However, in recent years, new industries such as bioscience and advanced manufacturing have gained on Prince Edward Island, as the bioscience industry has focused on creating different animal and human health products, as well as treatments for diseases. The low cost of operation on Prince Edward Island has attracted many businesses to open up there.

Tourism in the province

Another large part of Prince Edward Island’s economy is the tourism industry. Prince Edward Island attracts many tourists every year because of its ocean-side location. It is home to Prince Edward Island National Park, Cavendish Beach, Green Gables Heritage Place, Red Point Provincial Park. These places, among many others, contribute to the many tourists that visit. The number of visitors to national parks and historic sites has seen a significant increase over the past years, however, Prince Edward Island had the least number of international visitors out of all Canadian provinces in 2019.
This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.
Published by Statista Research Department, Jan 13, 2023

Key insights

Estimated poulation
170,688
Number of births
1,499
Projected population 2043
208,700
Get more insights

Editor’s Picks Current statistics on this topic

Population estimate of Prince Edward Island, Canada in 2022, by age and sex

Demographics

Population of Prince Edward Island 2022, by age and sex

Population of Prince Edward Island, Canada in 2022, by educational attainment (in 1,000s)

Demographics

Population of Prince Edward Island 2022, by educational attainment

Number of employed people in Prince Edward Island, Canada in 2022, by industry (in 1,000s)

Employment

Number of employed people in Prince Edward Island, Canada 2022, by industry

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Alberta
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British Columbia
British Columbia
Northwest Territories
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