List of Canadian provinces and territories by gross domestic product

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This article lists Canadian provinces and territories by gross domestic product (GDP).

While Canada's ten provinces and three territories exhibit high per capita GDPs, there is wide variation among them. Ontario, the country's most populous province, is a major manufacturing and trade hub with extensive linkages to the northeastern and midwestern United States. The economies of Alberta, Saskatchewan, Newfoundland and Labrador and the territories rely heavily on natural resources. On the other hand, Manitoba, Quebec and The Maritimes have the country's lowest per capita GDP values.

In the face of these long-term regional disparities, the Government of Canada redistributes some of its revenues through unconditional equalization payments and finances the delivery of comparable levels of government services through the Canada Health Transfer and the Canada Social Transfer.

GDP and per capita GDP, 2021

A table listing total GDP (expenditure-based), share of Canadian GDP, population, and per capita GDP in 2021. For illustrative purposes, market income (total income less government transfers)[1] per capita from tax returns is included. (The per capita, rather than per tax filer, measure is chosen for comparability with GDP per capita.)

Province
or
territory 		GDP

(In Millions)

Share of
national GDP
(%, 2021) 		Population
(July 1, 2021) 		GDP
per capita
(CAD, 2021) 		Market
income
per capita
(CAD, 2019)
 Canada 2,509,618 100 38,226,498 65,651 35,135
 Alberta 374,486 14.92 4,443,773 84,272 40,094
 British Columbia 350,598 13.97 5,202,378 67,392 36,723
 Manitoba 79,834 3.18 1,391,979 57,353 30,132
 Newfoundland and Labrador 37,927 1.51 520,452 72,873 30,977
 New Brunswick 42,608 1.70 790,398 53,907 28,649
 Northwest Territories 4,966 0.20 45,597 108,911 43,125
 Nova Scotia 51,925 2.07 991,117 52,390 30,224
 Nunavut 4,686 0.19 39,711 118,003 27,251
 Ontario 956,707 38.12 14,809,257 64,602 36,298
 Prince Edward Island 8,627 0.34 164,758 52,362 28,414
 Quebec 504,455 20.10 8,602,335 58,642 32,351
 Saskatchewan 88,315 3.52 1,181,493 74,749 32,516
 Yukon 3,704 0.15 43,250 85,642 42,715

Source: Statistics Canada: GDP (totals),[2] Population,[3] Total income and government transfers,[4] Population covered by income data[5]

International comparisons, 2021

In the table below, the figures from the previous table are converted to United States dollars using the ratio of the International Monetary Fund's estimate for Canada's GDP by purchasing power parity (PPP) to Canada's nominal GDP.[6] The per capita GDP PPP for the relevant year of other advanced economies with a population of at least 15 million according to the International Monetary Fund is provided as comparison.

(Note that because the same conversion rate is used for all of Canada, this method overstates the GDP PPP of provinces and territories with high price levels, and understates the GDP PPP of provinces and territories with low price levels.)

Province
or
territory 		GDP PPP
(million
Int$, 2021) 		GDP
per capita PPP
(Int$, 2021)
 Canada 2,038,348 53,323
 Ontario 777,051 52,471
 Quebec 409,726 47,630
 Alberta 304,163 68,447
 British Columbia 284,761 54,737
 Saskatchewan 71,731 60,712
 Manitoba 64,842 46,583
 Nova Scotia 42,174 42,552
 New Brunswick 34,607 43,784
 Newfoundland and Labrador 30,805 59,189
 Prince Edward Island 7,007 42,529
 Northwest Territories 4,033 88,459
 Nunavut 3,806 95,843
 Yukon 3,008 69,559
 Australia 56,412
 France 51,322
 Germany 58,757
 Italy 46,165
 Japan 44,671
 South Korea 48,653
 Netherlands 62,685
 Spain 41,838
 Taiwan 62,696
 United Kingdom 50,523
 United States 69,227

Source: International Monetary Fund[7]

Real GDP at basic prices, 2014-2018

A table listing annual GDP at basic prices from 2014 through 2018 in chained 2012 dollars. Caution: GDP at basic prices differs from GDP in the treatment of taxes and subsidies.[8]

Province
or
territory 		GDP
(million
chained (2012)
CAD, 2014) 		GDP
(million
chained (2012)
CAD, 2015) 		GDP
(million
chained (2012)
CAD, 2016) 		GDP
(million
chained (2012)
CAD, 2017) 		GDP
(million
chained (2012)
CAD, 2018)
British Columbia 219,060.9 224,153.4 231,509.9 240,657.9 246,506.3
Alberta 338,262.6 326,476.7 313,241.5 327,596.2 335,095.6
Saskatchewan 80,175.7 79,574.2 79,364.4 81,179.0 82,502.7
Manitoba 58,276.3 59,082.5 60,066.2 61,941.2 62,723.1
Ontario 659,861.2 677,384.0 693,900.4 712,984.3 728,363.7
Quebec 338,319.0 341,688.0 346,713.7 356,677.9 365,614.4
New Brunswick 29,039.6 29,275.7 29,686.3 30,271.8 30,295.3
Prince Edward Island 5,205.6 5,280.7 5,372.2 5,553.3 5,700.0
Nova Scotia 34,747.2 35,013.4 35,549.3 36,075.4 36,518.2
Newfoundland and Labrador 31,143.3 30,806.0 31,334.5 31,610.6 30,757.9
Yukon 2,510.9 2,320.2 2,482.5 2,554.5 2,626.1
Northwest Territories 4,574.6 4,621.3 4,679.8 4,861.3 4,954.7
Nunavut 2,363.6 2,353.0 2,434.3 2,685.3 2,955.0

Source: Statistics Canada[9]

Components of GDP, 2014

A table of Canadian provinces and territories by descending GDP (at current prices and expenditure-based); all figures are from Statistics Canada.[10]

Province
or
territory 		GDP
(million
CAD, 2014) 		= Final
consumption
expenditure 		+ Gross
capital
formation 		+ Investment
in
Inventories 		+ Exports − Imports
Canada 1,973,043 1,513,043 469,739 8,488 1,005,446 1,024,061
British Columbia 237,188 202,405 56,081 1,747 93,215 116,444
Alberta 375,756 198,643 132,709 1,876 206,923 164,444
Saskatchewan 82,780 50,046 26,100 −2,316 58,328 49,340
Manitoba 64,077 55,129 15,663 −385 35,992 42,256
Ontario 721,970 576,173 135,610 5,234 370,845 365,804
Quebec 370,064 315,396 74,182 2,110 171,350 193,352
New Brunswick 32,056 31,898 5,391 1 25,792 31,015
Prince Edward Island 6,003 6,106 989 56 2,729 3,877
Nova Scotia 39,077 42,981 7,465 25 15,377 26,756
Newfoundland and Labrador 33,514 23,786 11,853 −68 19,787 21,855
Yukon 2,603 2,783 814 4 802 1,791
Northwest Territories 4,731 3,705 1,485 83 3,392 3,929
Nunavut 2,487 2,473 1,293 122 910 2,301

Figures may not add up precisely due to omission of the statistical discrepancy column and the "Outside Canada" row.

See also

Notes

  1. ^ Canada, Government of Canada, Statistics (3 May 2017). "Dictionary, Census of Population, 2016 - Market income". www12.statcan.gc.ca. Retrieved 2019-11-07.{{cite web}}: CS1 maint: multiple names: authors list (link)
  2. ^ Canada, Government of Canada, Statistics (19 November 2012). "Gross domestic product, expenditure-based, provincial and territorial, annual". www150.statcan.gc.ca. Retrieved 2022-11-08.{{cite web}}: CS1 maint: multiple names: authors list (link)
  3. ^ Canada, Government of Canada, Statistics (28 September 2022). "Population estimates, quarterly". www150.statcan.gc.ca. Retrieved 2022-11-08.{{cite web}}: CS1 maint: multiple names: authors list (link)
  4. ^ Canada, Government of Canada, Statistics. "Tax filers and dependants with income by source of income". www150.statcan.gc.ca. Retrieved 2021-07-16.{{cite web}}: CS1 maint: multiple names: authors list (link)
  5. ^ Canada, Government of Canada, Statistics. "Selected characteristics of tax filers and dependants, income and demographics (final T1 Family File)". www150.statcan.gc.ca. Retrieved 2021-07-16.{{cite web}}: CS1 maint: multiple names: authors list (link)
  6. ^ "World Economic Outlook Database, October 2022". www.imf.org. Retrieved 2022-11-08.
  7. ^ "World Economic Outlook Database, October 2022". www.imf.org. Retrieved 2022-11-08.
  8. ^ "Glossary". www150.statcan.gc.ca. 30 May 2017. Retrieved 2019-11-07.
  9. ^ "Gross domestic product (GDP) at basic prices, by industry, provinces and territories (x 1,000,000)". Government of Canada, Statistics. September 7, 2019. Retrieved September 7, 2019.
  10. ^ "Table 384-0038 - Gross domestic product, expenditure-based, provincial and territorial, annual (dollars unless otherwise noted), CANSIM (database)". Statistics Canada. 2012-11-26.

References

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