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, 2019

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, 2019)
 Canada 2,309,924 100 37,593,384 61,466 35,135
 Alberta 352,884 15.27 4,361,694 80,905 40,094
 British Columbia 309,059 13.38 5,090,955 60,707 36,723
 Manitoba 73,814 3.19 1,369,540 53,897 30,132
 Newfoundland and Labrador 35,349 1.53 523,476 67,527 30,977
 New Brunswick 38,236 1.65 776,868 49,218 28,649
 Northwest Territories 4,542 0.20 45,028 100,871 43,125
 Nova Scotia 46,586 2.02 969,747 47,837 30,224
 Nunavut 3,689 0.16 38,614 95,535 27,251
 Ontario 891,811 38.59 14,544,718 61,315 36,298
 Prince Edward Island 7,523 0.33 157,262 48,039 28,414
 Quebec 460,357 19.92 8,501,703 54,149 32,351
 Saskatchewan 82,917 3.59 1,172,302 70,730 32,516
 Yukon 3,157 0.14 41,477 76,114 42,715

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

International comparisons, 2019

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$, 2019) 		GDP
per capita PPP
(Int$, 2019)
 Canada 1,932,305 51,400
 Ontario 745,766 51,274
 Quebec 384,968 45,281
 Alberta 295,095 67,656
 British Columbia 258,447 50,766
 Saskatchewan 69,338 59,147
 Manitoba 61,726 45,071
 Nova Scotia 38,957 40,172
 New Brunswick 31,974 41,158
 Newfoundland and Labrador 29,560 56,469
 Prince Edward Island 6,291 40,003
 Northwest Territories 3,798 84,352
 Nunavut 3,085 79,890
 Yukon 2,640 63,650
 Australia 52,712
 France 49,696
 Germany 56,226
 Italy 44,218
 Japan 43,710
 South Korea 44,573
 Netherlands 59,517
 Spain 42,609
 Taiwan 53,429
 United Kingdom 48,603
 United States 65,254

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. "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 2021-07-16.
  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.
  6. ^ "World Economic Outlook Database, April 2021". www.imf.org. Retrieved 2021-05-02.
  7. ^ www.imf.org https://www.imf.org/en/Publications/WEO/weo-database/2021/April/weo-report?c=193,132,134,136,158,542,138,184,528,112,111,&s=PPPPC,&sy=2019&ey=2019&ssm=0&scsm=1&scc=0&ssd=1&ssc=0&sic=0&sort=country&ds=.&br=1. Retrieved 2022-10-12. {{cite web}}: Missing or empty |title= (help)
  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

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