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 Labrador 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, 2019[edit]

A table listing total GDP (expenditure-based), share of Canadian GDP, population, and per capita GDP in 2019. 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
(million
CAD, 2019)
Share of
national GDP
(%, 2019)
Population
(July 1, 2019)
GDP
per capita
(CAD, 2019)
Market
income
per capita
(CAD, 2018)
Canada 2,310,712 100 37,593,384 61,466 34,079
Alberta 352,884 15.27 4,361,694 80,905 39,669
British Columbia 309,059 13.38 5,090,955 60,707 35,242
Manitoba 73,814 3.19 1,369,540 53,897 29,303
Newfoundland and Labrador 35,349 1.53 523,476 67,527 30,209
New Brunswick 38,236 1.65 776,868 49,218 27,717
Northwest Territories 4,542 0.20 45,028 100,871 42,062
Nova Scotia 46,586 2.02 969,747 47,837 29,627
Nunavut 3,689 0.16 38,614 95,535 26,787
Ontario 891,811 38.59 14,544,718 61,315 35,286
Prince Edward Island 7,523 0.33 157,262 48,039 27,251
Quebec 460,357 19.92 8,501,703 54,149 31,027
Saskatchewan 82,917 3.59 1,172,302 70,730 31,923
Yukon 3,157 0.14 41,477 76,114 41,053

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

International comparisons, 2019[edit]

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 to Canada's nominal GDP.[6] 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
Int$, 2019)
Comparable economy
by GDP PPP
GDP
per capita PPP
(Int$, 2019)
Comparable economy
by GDP PPP
per capita
Canada 1,926,695 Spain 51,251 Finland
Ontario 743,601 South Africa 51,125 Finland
Quebec 383,850 Israel 45,150 South Korea
Alberta 294,238 Sri Lanka 67,460 Norway
British Columbia 257,697 Ethiopia 50,618 Finland
Saskatchewan 69,137 Yemen 58,975 Iceland
Manitoba 61,547 Latvia 44,940 South Korea
Nova Scotia 38,844 Trinidad and Tobago 40,056 Bahamas
New Brunswick 31,882 Tajikistan 41,039 Slovenia
Newfoundland and Labrador 29,474 Rwanda 56,305 Germany
Prince Edward Island 6,273 Lesotho 39,887 Bahamas
Northwest Territories 3,787 Aruba 84,107 Ireland
Nunavut 3,076 Saint Lucia 79,658 Switzerland
Yukon 2,632 Comoros 63,465 United Arab Emirates

Real GDP at basic prices, 2014-2018[edit]

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

Components of GDP, 2014[edit]

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[edit]

Notes[edit]

  1. ^ Canada, Government of Canada, Statistics. "Dictionary, Census of Population, 2016 - Market income". www12.statcan.gc.ca. Retrieved 2019-11-07.
  2. ^ Canada, Government of Canada, Statistics. "Gross domestic product, expenditure-based, provincial and territorial, annual". www150.statcan.gc.ca. Retrieved 2020-12-26.
  3. ^ Canada, Government of Canada, Statistics. "Population estimates, quarterly". www150.statcan.gc.ca. Retrieved 2020-12-26.
  4. ^ Canada, Government of Canada, Statistics. "Tax filers and dependants with income by source of income". www150.statcan.gc.ca. Retrieved 2020-12-26.
  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 2020-12-26.
  6. ^ "World Economic Outlook Database, October 2020". www.imf.org. Retrieved 2020-12-26.
  7. ^ "World Economic Outlook Database, October 2020". www.imf.org. Retrieved 2020-12-26.
  8. ^ "Glossary". www150.statcan.gc.ca. 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[edit]