Table 6
Real gross domestic product by expenditure account, year-over-year change – Seasonally adjusted at annual rates, chained (2017) dollars
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 1.5 | -4.2 | 5.7 | 4.8 | 2.0 | 2.6 | 1,899,825 | 1,949,217 |
| Household final consumption expenditure | 1.5 | -6.4 | 5.9 | 5.5 | 1.8 | 2.4 | 1,340,909 | 1,372,440 |
| Non-profit institutions serving households' final consumption expenditure | 3.2 | 0.4 | 0.3 | 5.8 | 3.9 | 2.5 | 37,381 | 38,321 |
| General governments final consumption expenditure | 1.1 | 1.3 | 5.6 | 3.2 | 2.2 | 3.2 | 520,941 | 537,811 |
| Gross fixed capital formation | 0.8 | -3.8 | 8.8 | -1.2 | -1.6 | 0.1 | 509,843 | 510,396 |
| Business gross fixed capital formation | 1.6 | -5.0 | 10.4 | -1.5 | -2.8 | -1.3 | 418,328 | 412,738 |
| Residential structures | -0.8 | 2.9 | 14.0 | -10.6 | -8.5 | -1.1 | 155,638 | 153,947 |
| Non-residential structures, machinery and equipment | 3.2 | -12.3 | 6.7 | 6.4 | 1.0 | -1.9 | 208,863 | 204,905 |
| Intellectual property products | 3.7 | -0.4 | 13.7 | 9.7 | 4.0 | -0.1 | 60,233 | 60,196 |
| General governments gross fixed capital formation | -3.0 | 2.2 | 0.9 | -0.5 | 4.8 | 7.2 | 88,841 | 95,238 |
| Investment in inventories (millions of dollars) | -4,104 | -27,796 | 20,384 | 40,940 | -25,624 | -11,069 | 25,497 | 14,428 |
| Exports of goods and services | 2.3 | -9.0 | 3.3 | 4.2 | 5.0 | 0.6 | 733,384 | 737,981 |
| Less: imports of goods and services | -0.1 | -9.4 | 8.4 | 7.5 | 0.3 | 0.6 | 788,690 | 793,702 |
| Statistical discrepancy (millions of dollars) | 55 | 70 | 145 | 376 | -666 | 685 | 59 | 744 |
| Gross domestic product at market prices | 1.9 | -5.0 | 6.0 | 4.2 | 1.5 | 1.5 | 2,385,443 | 2,421,894 |
| Final domestic demand | 1.3 | -4.1 | 6.4 | 3.3 | 1.1 | 2.0 | 2,405,572 | 2,454,258 |
Source(s):
Table 36-10-0104-01.
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