GDP and per capita GDP, 2021
| Province or territory | GDP (In Millions) | Share of national GDP (%, 2021) |
|---|---|---|
| Canada | 2,509,618 | 100 |
| Alberta | 374,486 | 14.92 |
| British Columbia | 350,598 | 13.97 |
| Manitoba | 79,834 | 3.18 |
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What percentage of Canada’s GDP comes from Quebec?
20.36%
The economy of Quebec represents 20.36% of the total GDP of Canada. Like most industrialized countries, the economy of Quebec is based mainly on the services sector.
Economy of Quebec.
| Trade organisations | CUSMA, OECD, |
| Statistics | |
|---|---|
| GDP | CAD$ 365.6 billion (2018) |
| GDP per capita | CAD$ 52,384 (2018) |
| Population below poverty line | 6.2% |
What is the GDP of Alberta?
CAD$338.2 billion
The economy of Alberta is the sum of all economic activity in Alberta, Canada’s fourth largest province by population. Alberta’s GDP in 2018 was CDN$338.2 billion.
Economy of Alberta.
| Statistics | |
|---|---|
| Population | 4,421,876 (2020) |
| GDP | CAD$338.2 billion |
| All values, unless otherwise stated, are in US dollars. |
What is Canada’s biggest GDP?
The economy of Canada is a highly developed mixed-market economy. It is the 8th-largest GDP by nominal and 15th-largest GDP by PPP in the world.
Economy of Canada.
| Statistics | |
|---|---|
| GDP per capita | $56,794 (nominal, 2022 est.) $57,827 (PPP, 2022 est.) |
| GDP per capita rank | 11th (nominal, 2022) 23th (PPP, 2022) |
What is Canada’s richest province?
Over a fifth of people in Canada’s wealthiest province — Alberta — likely struggled to afford food last year, a recent analysis by University of Toronto researchers has shown.
Which Canadian province has the highest GDP?
Ontario, the country’s most populous province, is a major manufacturing and trade hub with extensive linkages to the northeastern and midwestern United States.
International comparisons, 2021.
| Province or territory | GDP PPP (million Int$, 2021) | GDP per capita PPP (Int$, 2021) |
|---|---|---|
| Canada | 2,038,348 | 53,323 |
| Ontario | 777,051 | 52,471 |
What is the GDP of Nova Scotia?
This statistic shows the gross domestic product (GDP) of Nova Scotia from 2000 to 2021. In 2021, Nova Scotia’s GDP was about 39 billion Canadian dollars.
What is the GDP of Saskatchewan?
This statistic shows the gross domestic product (GDP) of Saskatchewan from 2000 to 2021. In 2021, Saskatchewan’s GDP was 77.04 billion chained 2012 Canadian dollars.
| Characteristic | GDP in million chained 2012 Canadian dollars |
|---|---|
| 2020 | 77,272.8 |
| 2019 | 81,454.2 |
| 2018 | 82,387.5 |
| 2017 | 81,121.1 |
What’s the GDP of Toronto?
GDP of Toronto, Ontario 2009-2019
This statistic shows the gross domestic product of Toronto, Ontario at constant prices from 2009 to 2019. The GDP of Toronto was 442.18 billion Canadian dollars in 2019.
What does Canada supply the most?
Exports The top exports of Canada are Crude Petroleum ($47.2B), Cars ($31.8B), Gold ($14.4B), Motor vehicles; parts and accessories (8701 to 8705) ($9.06B), and Sawn Wood ($7.69B), exporting mostly to United States ($264B), China ($19.3B), United Kingdom ($13.2B), Japan ($9.44B), and Mexico ($5.26B).
Is Canada’s GDP higher than us?
In 2021, GDP of Canada amounted to about 1.99 trillion U.S. dollars and GDP of the United States amounted to about 23 trillion U.S. dollars. Thus, aggregated GDP for North America came to about 25 trillion international dollars that year.
| Characteristic | Canada | United States |
|---|---|---|
| 2017 | 1,649.27 | 19,479.63 |
When was Canada’s economy the strongest?
In the early part of the nineteenth century, the economies of the Canadian Maritimes were the most industrialized, and prosperous in British North America. The 1850s and 1860s were especially prosperous.
Which province in Canada has the lowest income?
Ontario had the largest number of individuals living in low income households. Quebec and British Columbia followed with 373 thousand and 231 thousand, respectively.
Number of persons in low income families in Canada in 2020, by province (in 1,000s)
| Characteristic | Number of persons in thousands |
|---|---|
| Ontario | 740 |
| Quebec | 373 |
Which Canadian province is best to live?
Best Provinces to Live in Canada
- Ontario – Job Opportunities.
- Quebec – European Flair.
- Alberta – Affordable with a Slower Pace of Life.
- British Columbia – High Standard of Living.
- Nova Scotia – Scenic Beauty.
- Manitoba.
What is the richest province in Canada 2022?
Top 10 Richest Provinces in Canada By GDP 2022. 1. British Columbia: British Columbia (BC) is a province in western Canada. The Pacific Ocean is on one side of the province, and the Rocky Mountains are on the other.
Which province has the fastest growing economy in Canada?
Prince Edward Island led growth among provinces in four of past five years. Prince Edward Island’s economy advanced 6.6% in 2021, the strongest growth rate of any province and its highest since 1983, following a 1.8% decline in 2020.
Which city in Canada has the best economy?
With low taxes and high employment, this Saskatchewan city has one of the most stable economies in the country, benefiting greatly from companies investing in its natural resources.
5. Best place to live in Canada for economic stability.
| City | Regina, Saskatchewan |
|---|---|
| Population density (per km2) | 1195.2 |
| Minimum wage | $11.81 |
Why is Canada’s GDP so high?
Canada is a wealthy nation because it has a strong and diversified economy. A large part of its economy depends on the mining of natural resources, such as gold, zinc, copper, and nickel, which are used extensively around the world. Canada is also a large player in the oil business with many large oil companies.
What is Manitoba GDP?
In 2021, Manitoba’s GDP was 61.28 billion chained 2012 Canadian dollars.
| Characteristic | GDP in million chained 2012 Canadian dollars |
|---|---|
| 2019 | 63,417.2 |
| 2018 | 63,195.3 |
| 2017 | 61,965.3 |
| 2016 | 59,966.8 |
What is Quebec’s GDP?
Quebec’s gross domestic product (GDP) in 2022 reached $385.9b, with growth of 1.6% over the 5 years to 2022. Businesses in Quebec employed a total of 2,805,517 people in 2022, with average annual employment growth over the past five years of 0.8%.
Which province makes the most money?
The Top 7 Richest Provinces in Canada
- Alberta – C$78,154. Alberta is a province in the western section of Canada.
- Saskatchewan – C$70,654.
- Newfoundland and Labrador – C$65,556.
- Ontario – C$48,971.
- British Columbia – C$47,579.
- Manitoba – C$44,654.
- Quebec – C$43,349.