GDP Deflator in Canada increased to 111.60 points in the third quarter of 2020 from 108.80 points in the second quarter of 2020. source: Statistics Canada

GDP Deflator in Canada averaged 59.05 points from 1961 until 2020, reaching an all time high of 111.60 points in the third quarter of 2020 and a record low of 11.80 points in the second quarter of 1961. This page provides - Canada GDP Deflator - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada GDP Deflator - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.

GDP Deflator in Canada is expected to be 110.89 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Deflator in Canada to stand at 113.39 in 12 months time. In the long-term, the Canada GDP Deflator is projected to trend around 115.65 points in 2022 and 117.97 points in 2023, according to our econometric models.

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Canada GDP Deflator

Actual Previous Highest Lowest Dates Unit Frequency
111.60 108.80 111.60 11.80 1961 - 2020 points Quarterly
Seasonally Adjusted


Calendar GMT Actual Previous Consensus TEForecast
2020-02-28 01:30 PM Q4 1% 0.1% 0.3%
2020-05-29 12:30 PM Q1 0.5% 0.8%
2020-08-28 12:30 PM Q2 -1.2% -0.5%
2020-12-01 01:30 PM Q3 2.6% -1.2%
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.

Canada Prices Last Previous Highest Lowest Unit
Inflation Rate 1.00 0.70 21.60 -17.80 percent [+]
Inflation Rate Mom 0.60 -0.20 2.60 -1.30 percent [+]
Consumer Price Index CPI 138.20 137.40 138.20 12.10 points [+]
Core Consumer Prices 136.70 136.00 136.70 61.70 points [+]
Core Inflation Rate 1.60 1.50 5.40 0.00 percent [+]
GDP Deflator 111.60 108.80 111.60 11.80 points [+]
Producer Prices 103.80 101.90 103.80 13.30 points [+]
Producer Prices Change 3.80 1.90 21.50 -7.10 percent [+]
Export Prices 111.60 109.40 113.50 62.60 points [+]
Import Prices 120.70 121.50 8964.00 75.90 points [+]
Food Inflation 1.00 1.10 20.18 -7.14 percent [+]
Wholesale Prices 100.50 96.90 130.70 38.50 points [+]
CPI Housing Utilities 148.40 148.70 148.70 39.10 points [+]
CPI Transportation 144.90 142.30 144.90 10.90 points [+]


Canada GDP Deflator
In Canada, implicit price indexes are a byproduct of the deflation procedure, obtained by dividing an expenditure series expressed at current prices by the corresponding series expressed at constant prices. For all volume aggregates published in the Economic and Financial Accounts, the implicit price indexes are the chain Fisher price indexes.