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, 2018[edit]

A table listing total GDP (expenditure-based), share of Canadian GDP, population, and per capita GDP in 2018. 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, 2018)
Share of
national GDP
(%, 2018)
Population
(July 1, 2018)
GDP
per capita
(CAD, 2018)
Market
income
per capita
(CAD, 2017)
Canada 2,223,856 100 37,057,765 60,011 33,029
British Columbia 295,401 13.28 5,001,170 59,066 34,426
Alberta 344,812 15.51 4,300,721 80,175 39,056
Saskatchewan 80,679 3.63 1,162,978 69,373 31,724
Manitoba 72,688 3.27 1,353,403 53,708 28,853
Ontario 857,384 38.55 14,318,545 59,879 34,033
Quebec 439,375 19.76 8,387,632 52,384 29,689
New Brunswick 36,966 1.66 770,921 47,950 26,992
Prince Edward Island 6,994 0.31 153,584 45,539 27,043
Nova Scotia 44,354 1.99 959,500 46,226 28,672
Newfoundland and Labrador 33,241 1.49 525,604 63,243 29,646
Yukon 3,046 0.14 40,612 75,002 39,708
Northwest Territories 4,730 0.21 44,956 105,214 41,324
Nunavut 3,421 0.15 38,139 89,698 26,174

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

International comparisons, 2018[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$, 2018)
Comparable economy
by GDP PPP
GDP
per capita PPP
(Int$, 2018)
Comparable economy
by GDP PPP
per capita
Canada 1,842,230 Saudi Arabia 49,712 Bahrain
Ontario 710,252 Vietnam 49,604 Bahrain
Quebec 363,976 Qatar 43,394 South Korea
Alberta 285,640 Sri Lanka 66,417 Kuwait
British Columbia 244,709 Finland 48,930 Belgium
Saskatchewan 66,834 Yemen 57,468 Netherlands
Manitoba 60,214 Senegal 44,491 Japan
Nova Scotia 36,743 Benin 38,293 Israel
New Brunswick 30,622 Chad 39,722 Italy
Newfoundland and Labrador 27,537 Rwanda 52,391 Germany
Prince Edward Island 5,794 Gambia 37,724 Israel
Northwest Territories 3,918 Central African Republic 87,159 Ireland
Nunavut 2,834 Seychelles 74,306 Norway
Yukon 2,523 Saint Lucia 62,132 United States

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 2019-11-07.
  3. ^ Canada, Government of Canada, Statistics. "Population estimates, quarterly". www150.statcan.gc.ca. Retrieved 2019-11-07.
  4. ^ Canada, Government of Canada, Statistics. "Tax filers and dependants with income by source of income". www150.statcan.gc.ca. Retrieved 2019-07-11.
  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 2019-07-11.
  6. ^ "World Economic Outlook Database, October 2019". www.imf.org. Retrieved 2019-11-07.
  7. ^ "World Economic Outlook Database, October 2019". www.imf.org. Retrieved 2019-11-07.
  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]