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 | 5.6 | 2.3 | 2.6 | 1,921,459 | 1,971,724 |
| Household final consumption expenditure | 1.5 | -6.4 | 5.9 | 6.8 | 2.2 | 2.2 | 1,362,239 | 1,391,582 |
| Non-profit institutions serving households' final consumption expenditure | 3.2 | 0.4 | 0.3 | 6.1 | 5.6 | 2.3 | 38,126 | 39,008 |
| General governments final consumption expenditure | 1.1 | 1.3 | 5.6 | 2.9 | 2.4 | 3.8 | 520,621 | 540,593 |
| Gross fixed capital formation | 0.8 | -3.8 | 8.8 | 0.0 | -1.0 | 0.7 | 519,579 | 523,113 |
| Business gross fixed capital formation | 1.6 | -5.0 | 10.4 | -0.0 | -2.3 | -0.5 | 426,604 | 424,535 |
| Residential structures | -0.8 | 2.9 | 14.0 | -9.1 | -9.5 | -0.2 | 156,591 | 156,261 |
| Non-residential structures, machinery and equipment | 3.2 | -12.3 | 6.7 | 7.7 | 3.1 | -1.4 | 216,045 | 212,969 |
| Intellectual property products | 3.7 | -0.4 | 13.7 | 10.8 | 3.7 | 2.2 | 60,621 | 61,964 |
| General governments gross fixed capital formation | -3.0 | 2.2 | 0.9 | -0.2 | 5.8 | 6.1 | 89,987 | 95,476 |
| Investment in inventories (millions of dollars) | -4,104 | -27,796 | 20,384 | 29,831 | -29,100 | -4,376 | 10,912 | 6,536 |
| Exports of goods and services | 2.3 | -9.0 | 3.3 | 4.5 | 6.2 | 0.9 | 745,104 | 752,075 |
| Less: imports of goods and services | -0.1 | -9.4 | 8.4 | 7.5 | 1.2 | 0.7 | 795,688 | 801,302 |
| Statistical discrepancy (millions of dollars) | 55 | 70 | 145 | -391 | -111 | -338 | -153 | -491 |
| Gross domestic product at market prices | 1.9 | -5.0 | 6.0 | 4.7 | 2.0 | 2.0 | 2,407,055 | 2,456,310 |
| Final domestic demand | 1.3 | -4.1 | 6.4 | 4.3 | 1.5 | 2.2 | 2,437,331 | 2,490,145 |
Source(s):
Table 36-10-0104-01.
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