Table 6
Real gross domestic product by expenditure account, year-over-year change – Seasonally adjusted at annual rates, chained (2017) dollars
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 2.8 | 1.5 | -4.2 | 5.7 | 4.8 | 2.0 | 1,863,319 | 1,899,825 |
| Household final consumption expenditure | 2.6 | 1.5 | -6.4 | 5.9 | 5.5 | 1.8 | 1,316,947 | 1,340,909 |
| Non-profit institutions serving households' final consumption expenditure | 2.7 | 3.2 | 0.4 | 0.3 | 5.8 | 3.9 | 35,989 | 37,381 |
| General governments final consumption expenditure | 3.1 | 1.1 | 1.3 | 5.6 | 3.2 | 2.2 | 509,794 | 520,941 |
| Gross fixed capital formation | 2.4 | 0.8 | -3.8 | 8.8 | -1.2 | -1.6 | 518,285 | 509,843 |
| Business gross fixed capital formation | 2.3 | 1.6 | -5.0 | 10.4 | -1.5 | -2.8 | 430,493 | 418,328 |
| Residential structures | -1.2 | -0.8 | 2.9 | 14.0 | -10.6 | -8.5 | 170,038 | 155,638 |
| Non-residential structures, machinery and equipment | 3.3 | 3.2 | -12.3 | 6.7 | 6.4 | 1.0 | 206,848 | 208,863 |
| Intellectual property products | 12.5 | 3.7 | -0.4 | 13.7 | 9.7 | 4.0 | 57,909 | 60,233 |
| General governments gross fixed capital formation | 2.6 | -3.0 | 2.2 | 0.9 | -0.5 | 4.8 | 84,794 | 88,841 |
| Investment in inventories (millions of dollars) | 3,413 | -4,104 | -27,796 | 20,384 | 40,940 | -25,624 | 51,121 | 25,497 |
| Exports of goods and services | 3.6 | 2.3 | -9.0 | 3.3 | 4.2 | 5.0 | 698,758 | 733,384 |
| Less: imports of goods and services | 3.5 | -0.1 | -9.4 | 8.4 | 7.5 | 0.3 | 785,992 | 788,690 |
| Statistical discrepancy (millions of dollars) | 891 | 55 | 70 | 145 | 376 | -666 | 725 | 59 |
| Gross domestic product at market prices | 2.7 | 1.9 | -5.0 | 6.0 | 4.2 | 1.5 | 2,349,525 | 2,385,443 |
| Final domestic demand | 2.7 | 1.3 | -4.1 | 6.4 | 3.3 | 1.1 | 2,379,170 | 2,405,572 |
Source(s):
Table 36-10-0104-01.
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