The data displays the gross domestic product growth rate in Canada from 2012 to 2016, with projections up until 2022. In 2016, Canada’s real GDP growth was around 1.41% compared to the previous year.
Economy of Canada
As an indicator for the shape of a country’s economy, there are not many factors as telling as GDP. GDP is the total market value of all final goods and services that have been produced within a country within a given period of time, usually a year. Real GDP figures serve as an even more reliable tool in determining the direction in which a country’s economy may be swaying, as they are adjusted for inflation and reflect real price changes.
