Canada GDP Growth Annualized

GDP Growth Annualized in Canada decreased to 2 percent in the third quarter of 2018 from 2.90 percent in the second quarter of 2018. GDP Growth Annualized in Canada averaged 3.13 percent from 1961 until 2018, reaching an all time high of 12.60 percent in the fourth quarter of 1963 and a record low of -9.10 percent in the first quarter of 2009.

GDP Growth Annualized in Canada is expected to be 1.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Annualized in Canada to stand at 1.70 in 12 months time. In the long-term, the Canada GDP Growth Annualized is projected to trend around 1.90 percent in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2018-03-02	01:30 PM	GDP Growth Rate Annualized	1.7%	1.5%	2%	2.3%
2018-05-31	12:30 PM	GDP Growth Rate Annualized	1.3%	1.7%	1.8%	1.8%
2018-08-30	12:30 PM	GDP Growth Rate Annualized	2.9%	1.4%	3%	2.3%
2018-11-30	01:30 PM	GDP Growth Rate Annualized	2%	2.9%	2%	1.9%
2019-03-01	01:30 PM	GDP Growth Rate Annualized		2%		1.9%
2019-05-31	12:30 PM	GDP Growth Rate Annualized				1.8%
2019-08-30	12:30 PM	GDP Growth Rate Annualized				2.2%

Canada GDP	Last	Previous	Highest	Lowest	Unit
GDP Growth Rate	0.50	0.70	3.10	-2.30	percent	[+]
GDP Annual Growth Rate	2.10	1.90	9.30	-4.10	percent	[+]
GDP Growth Annualized	2.00	2.90	12.60	-9.10	percent	[+]
GDP	1653.04	1535.77	1842.63	40.77	USD Billion	[+]
GDP Constant Prices	2059104.00	1891153.00	2059104.00	316042.00	CAD Million	[+]
Gross National Product	2206964.00	2195332.00	2206964.00	39836.00	CAD Million	[+]
Gross Fixed Capital Formation	441856.00	447557.00	448482.00	52611.00	CAD Million	[+]
GDP per capita	51315.89	50407.30	51315.89	17664.20	USD	[+]
GDP per capita PPP	44017.59	43238.26	44017.59	30115.28	USD	[+]
GDP From Agriculture	34879.00	34803.00	36581.00	22475.00	CAD Million	[+]
GDP From Construction	140822.00	141286.00	147533.00	71399.00	CAD Million	[+]
GDP From Manufacturing	202727.00	203731.00	218407.00	162048.00	CAD Million	[+]
GDP From Mining	148809.00	148909.00	154811.00	99464.00	CAD Million	[+]
GDP From Public Administration	129254.00	129057.00	129254.00	82552.00	CAD Million	[+]
GDP From Services	1371333.00	1371867.00	1371867.00	752618.00	CAD Million	[+]
GDP From Transport	88115.00	88524.00	88939.00	51408.00	CAD Million	[+]
GDP From Utilities	44078.00	43920.00	44078.00	31425.00	CAD Million	[+]

Canada GDP Growth Annualized

GDP Annualized Growth Rate shows the gdp growth that would be registered if the quarter-on-quarter rate of change were maintained for a full year. On the expenditure side, household consumption is the main component of GDP and accounts for 58 percent of its total use, followed by gross fixed capital formation (22 percent) and government expenditure (19 percent). Exports of goods and services account for 32 percent of GDP while imports account for 33 percent, subtracting 1 percent of total GDP. Non-profit institutions serving households' final consumption expenditure and investment in inventories account for the remaining 2 percent. This page provides - Canada Gdp Growth Annualized - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada GDP Growth Annualized - actual data, historical chart and calendar of releases - was last updated on February of 2019.