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Gross domestic product (GDP) growth rate in Canada 2022

Canada: Real gross domestic product (GDP) growth rate from 2012 to 2022 (compared to the previous year)

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.

2012 1.75
2013 2.48
2014 2.86
2015 1
2016 1.41
2017 3
2018 2.08
2019 2.04
2020 1.82
2021 1.79
2022 1.64