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Canada GDP Growth

1.6%as of 2024

Canada's gdp growth stands at 1.6% as of 2024. The indicator has increased from null% in 2014 to 1.6% in 2024. Source: World Bank WDI.

Historical trend (20142024)

GDP Growth — Year by Year

YearValueChange
2014%
20150.6%
20161%+0.4pp
20173%+2.0pp
20182.7%-0.3pp
20191.9%-0.8pp
2020-5%-6.9pp
20216%+11.0pp
20224.2%-1.8pp
20231.5%-2.7pp
20241.6%+0.1pp
Source: World Bank WDI. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.

Other indicators for Canada

Inflation (CPI)
2.4%
Unemployment
6.4%
Debt / GDP
110%
Investment / GDP
23.2%
Fiscal Balance
-2.1% GDP

GDP Growth in other countries

🇺🇸
United States
2.8%
🇲🇽
Mexico
1.4%
🇩🇴
Dominican Rep.
5%