Canada at a Glance, 2022
Economy
Gross domestic product… in brief
Gross domestic product (GDP) is a broad measure of a country’s economic activity based on the total cash value of all goods and services produced over a specific period of time.
Tracked over multiple years, GDP can show whether a country’s economy is rising or falling. Rising GDP is a sign of good economic health; falling GDP indicates that the country’s economy is not working at full capacity or may be in a recession.Note
Watch our video to learn more on GDP.
| 2019 | 2020 | 2021 | |
|---|---|---|---|
| millions of 2012 chained dollars | |||
| All industries | 1,986,183 | 1,884,083 | 1,977,193 |
| Agriculture, forestry, fishing and hunting | 41,246 | 42,619 | 39,847 |
| Mining, quarrying, and oil and gas extraction | 154,259 | 142,560 | 151,734 |
| Utilities | 43,191 | 42,148 | 41,560 |
| Construction | 143,672 | 140,588 | 148,795 |
| Manufacturing | 198,175 | 178,981 | 186,947 |
| Wholesale trade | 103,232 | 100,685 | 105,979 |
| Retail trade | 100,074 | 96,759 | 103,879 |
| Transportation and warehousing | 88,937 | 71,620 | 72,869 |
| Information and cultural industries | 67,604 | 66,214 | 68,708 |
| Finance and insurance | 137,115 | 143,404 | 149,208 |
| Real estate and rental and leasing | 253,457 | 257,129 | 266,171 |
| Professional, scientific and technical services | 122,362 | 119,080 | 127,345 |
| Management of companies and enterprises | 5,331 | 3,778 | 2,775 |
| Administrative and support, waste management and remediation services | 52,364 | 45,689 | 47,443 |
| Educational services | 105,027 | 98,782 | 105,222 |
| Health care and social assistance | 138,956 | 132,660 | 143,652 |
| Arts, entertainment and recreation | 15,703 | 9,260 | 9,665 |
| Accommodation and food services | 43,784 | 29,122 | 33,477 |
| Other services | 38,932 | 32,911 | 35,652 |
| Public administration | 133,486 | 131,613 | 137,485 |
|
Note: North American Industry Classification System (NAICS) Source: Statistics Canada, table 36-10-0434-01. |
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Did you know?
- Canada’s gross domestic product (GDP) dropped from just over $1,986 billion in 2019 to a little over $1,884 billion in 2020. In 2021, we saw an increase in GDP to just over $1,977 billion, which is still lower than the level recorded in 2019.
Data table for Chart 27
| Annual change | |
|---|---|
| percent | |
| 1994 | 4.5 |
| 1995 | 2.7 |
| 1996 | 1.6 |
| 1997 | 4.3 |
| 1998 | 3.9 |
| 1999 | 5.2 |
| 2000 | 5.2 |
| 2001 | 1.8 |
| 2002 | 3.0 |
| 2003 | 1.8 |
| 2004 | 3.1 |
| 2005 | 3.2 |
| 2006 | 2.6 |
| 2007 | 2.1 |
| 2008 | 1.0 |
| 2009 | -2.9 |
| 2010 | 3.1 |
| 2011 | 3.1 |
| 2012 | 1.8 |
| 2013 | 2.3 |
| 2014 | 2.9 |
| 2015 | 0.7 |
| 2016 | 1.0 |
| 2017 | 3.0 |
| 2018 | 2.8 |
| 2019 | 1.9 |
| 2020 | -5.2 |
| 2021 | 4.5 |
|
Note: 2012 chained dollars. Source: Statistics Canada, table 36-10-0104-01. |
|
| North American Industry Classification System (NAICS) | 2019 | 2020 | 2021 |
|---|---|---|---|
| millions of dollars | |||
| Retail Trade | 616,544 | 608,330 | 680,101 |
| Motor vehicle and parts dealers | 168,004 | 154,651 | 183,981 |
| New car dealers | 134,347 | 119,878 | 142,764 |
| Used car dealers | 12,611 | 12,026 | 15,340 |
| Other motor vehicle dealers | 10,598 | 11,834 | 13,561 |
| Automotive parts, accessories and tire stores | 10,448 | 10,913 | 12,315 |
| Furniture stores | 12,036 | 11,953 | 13,880 |
| Home furnishings stores | 7,034 | 6,446 | 7,643 |
| Electronics and appliance stores | 13,684 | 14,652 | 15,281 |
| Building material and garden equipment and supplies dealers | 38,066 | 42,731 | 48,362 |
| Food and beverage stores | 129,680 | 142,920 | 143,144 |
| Supermarkets and other grocery(except convenience) stores | 89,584 | 100,368 | 99,806 |
| Beer wine and liquor stores | 24,191 | 25,800 | 26,445 |
| Health and personal care stores | 48,366 | 49,136 | 52,525 |
| Gasoline stations | 63,062 | 51,187 | 63,650 |
| Clothing and clothing accessories stores | 35,228 | 25,770 | 31,062 |
| Sporting goods, hobby, book and music stores | 12,253 | 11,799 | 13,330 |
| General merchandise stores | 72,298 | 78,682 | 85,487 |
| Miscellaneous store retailers | 16,832 | 18,403 | 21,756 |
| Source: Statistics Canada. Table 20-10-0008-02. | |||
Did you know?
- Retail e-commerce sales totalled $46.4 billion in 2021.
- The increase in the share of retail e-commerce sales was larger in 2020 and 2021, with shares totalling 6.2% and 6.5%, respectively. By comparison, shares varied between 2.6% and 3.6% in the three years before the COVID-19 pandemic began.
- Sales by e-commerce and mail order businesses rose from $8.9 billion in 2016 to $28.6 billion in 2021.
To learn more
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