Table 6
Real gross domestic product by expenditure account, year-over-year change – Seasonally adjusted at annual rates, chained (2017) dollars
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2021 | 2022 | |
---|---|---|---|---|---|---|---|---|
year-over-year % change | year-over-year % change | year-over-year % change | year-over-year % change | year-over-year % change | year-over-year % change | millions of dollars | millions of dollars | |
Final consumption expenditure | 3.3 | 2.8 | 1.5 | -4.2 | 5.2 | 4.5 | 1,769,059 | 1,849,390 |
Household final consumption expenditure | 3.8 | 2.6 | 1.5 | -6.4 | 5.2 | 5.1 | 1,240,811 | 1,304,163 |
Non-profit institutions serving households' final consumption expenditure | 0.4 | 2.7 | 3.2 | 0.4 | 1.0 | 4.3 | 34,274 | 35,736 |
General governments final consumption expenditure | 2.1 | 3.1 | 1.1 | 1.3 | 5.4 | 3.2 | 493,158 | 508,777 |
Gross fixed capital formation | 3.3 | 2.4 | 0.8 | -3.8 | 9.3 | -2.4 | 527,182 | 514,778 |
Business gross fixed capital formation | 2.7 | 2.3 | 1.6 | -5.0 | 11.2 | -3.5 | 439,896 | 424,413 |
Residential structures | 2.3 | -1.2 | -0.8 | 2.9 | 14.6 | -12.1 | 191,210 | 168,110 |
Non-residential structures, machinery and equipment | 1.9 | 3.3 | 3.2 | -12.3 | 8.7 | 4.0 | 197,959 | 205,883 |
Intellectual property products | 8.9 | 12.5 | 3.7 | -0.4 | 10.8 | 6.0 | 51,399 | 54,464 |
General governments gross fixed capital formation | 6.5 | 2.6 | -3.0 | 2.2 | 0.1 | 4.2 | 84,574 | 88,138 |
Investment in inventories (millions of dollars) | 16,995 | 3,413 | -4,104 | -27,796 | 14,628 | 50,865 | 4,425 | 55,290 |
Exports of goods and services | 1.5 | 3.6 | 2.3 | -9.0 | 2.7 | 3.2 | 666,995 | 688,344 |
Less: imports of goods and services | 4.8 | 3.5 | -0.1 | -9.4 | 8.1 | 7.6 | 729,405 | 785,120 |
Statistical discrepancy (millions of dollars) | -2,166 | 891 | 55 | 70 | 189 | 162 | 393 | 555 |
Gross domestic product at market prices | 3.0 | 2.7 | 1.9 | -5.0 | 5.3 | 3.8 | 2,240,936 | 2,326,537 |
Final domestic demand | 3.3 | 2.7 | 1.3 | -4.1 | 6.1 | 2.8 | 2,296,200 | 2,361,278 |
Source(s):
Table 36-10-0104-01.
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