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 manufacturing and trade locus with extensive linkages to the northeastern and midwestern United States. The economies of Alberta, Saskatchewan, Newfoundland and the territories rely heavily on natural resources and produce the highest per capita GDP values in the country. 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[edit]

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

Province
or
Territory
GDP
(million
CAD, 2017)
Share of
national GDP
(%, 2017)
Population
(July 1, 2017)
GDP
per capita
(CAD, 2017)
Market
Income
per capita
(CAD, 2016)
Flag of Canada.svg Canada 2,137,528 100 36,540,268 58,498 31,737
 British Columbia 282,204 13.20 4,922,152 57,333 32,451
 Alberta 331,937 15.53 4,243,995 78,213 37,905
 Saskatchewan 79,513 3.72 1,150,782 69,095 31,049
 Manitoba 71,019 3.32 1,335,396 53,182 27,831
 Ontario 825,805 38.63 14,071,445 58,687 32,673
 Quebec 417,173 19.52 8,297,717 50,276 28,580
 New Brunswick 36,088 1.69 766,852 47,060 26,177
 Prince Edward Island 6,652 0.31 150,566 44,180 25,807
 Nova Scotia 42,715 2.00 950,680 44,931 27,623
 Newfoundland and Labrador 33,074 1.55 528,567 62,573 29,480
 Yukon 2,895 0.14 39,628 73,054 38,233
 Northwest Territories 4,856 0.23 44,936 108,065 40,496
 Nunavut 2,846 0.13 37,552 75,788 25,856

Source: Statistics Canada: GDP (totals),[1] Population,[2] Total income and government transfers,[3] Population covered by income data[4]

International comparisons[edit]

The table below converts the figures from the previous table to United States dollars using the International Monetary Fund's implied purchasing power parity conversion rate for Canada's GDP.[5] The national economy with the closest figure for the relevant year according to the International Monetary Fund is then indicated.

(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
USD, 2017)
Comparable economy
by GDP PPP
GDP
per capita PPP
(USD, 2017)
Comparable economy
by GDP PPP
per capita
Flag of Canada.svg Canada 1,767,471  Saudi Arabia 48,370  Bahrain
 Ontario 682,838  Bangladesh 48,527  Bahrain
 Quebec 344,950  Qatar 41,572  Malta
 Alberta 274,471  Sri Lanka 64,673  Kuwait
 British Columbia 233,348  Uzbekistan 47,408  Belgium
 Saskatchewan 65,747  Cambodia 57,133  Saudi Arabia
 Manitoba 58,724  Libya 43,975  France
 Nova Scotia 35,320  Burkina Faso 37,152  Cyprus
 New Brunswick 29,840  Papua New Guinea 38,913  New Zealand
 Newfoundland and Labrador 27,348  Guinea 51,740  Iceland
 Prince Edward Island 5,500  Gambia 36,531  Israel
 Northwest Territories 4,015  Aruba 89,356  Singapore
 Yukon 2,394  Antigua and Barbuda 60,407  San Marino
 Nunavut 2,353  Antigua and Barbuda 62,667   Switzerland

Components of GDP[edit]

A table of Canadian provinces and territories by descending GDP (at current prices and expenditure-based); all figures are from Statistics Canada. [7]

Province
or
Territory
GDP
(million
CAD, 2014)
= Final
Consumption
Expenditure
+ Gross
Capital
Formation
+ Investment
in
Inventories
+ Exports − Imports
Flag of Canada.svg 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[edit]

Notes[edit]

  1. ^ Canada, Government of Canada, Statistics. "Gross domestic product, expenditure-based, provincial and territorial, annual". www150.statcan.gc.ca. Retrieved 2018-11-08.
  2. ^ Canada, Government of Canada, Statistics. "Population estimates, quarterly". www150.statcan.gc.ca. Retrieved 2018-11-08.
  3. ^ Canada, Government of Canada, Statistics. "Tax filers and dependants with income by source of income". www150.statcan.gc.ca. Retrieved 2018-07-12.
  4. ^ Canada, Government of Canada, Statistics. "Selected characteristics of tax filers and dependants, income and demographics (final T1 Family File)". www150.statcan.gc.ca. Retrieved 2018-07-12.
  5. ^ "World Economic Outlook Database, October 2018". www.imf.org. Retrieved 2018-11-08.
  6. ^ "World Economic Outlook Database, October 2018". www.imf.org. Retrieved 2018-11-08.
  7. ^ "Table 384-0038 - Gross domestic product, expenditure-based, provincial and territorial, annual (dollars unless otherwise noted), CANSIM (database)". Statistics Canada. 2012-11-26.

References[edit]