GDP Growth Annualized in Canada increased to 5.40 percent in the third quarter of 2021 from -3.20 percent in the second quarter of 2021. source: Statistics Canada

GDP Growth Annualized in Canada averaged 3.03 percent from 1961 until 2021, reaching an all time high of 36.40 percent in the third quarter of 2020 and a record low of -45.10 percent in the second quarter of 2020. This page provides - Canada Gdp Growth Annualized - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada GDP Growth Annualized - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.

GDP Growth Annualized in Canada is expected to be 3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada GDP Growth Annualized is projected to trend around 2.00 percent in 2022, according to our econometric models.

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Canada GDP Growth Annualized


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.
Actual Previous Highest Lowest Dates Unit Frequency
5.40 -3.20 41.10 -37.40 1961 - 2021 percent Quarterly
SA

Calendar GMT Actual Previous Consensus TEForecast
2021-08-31 12:30 PM Q2 -1.1% 5.5% 2.5% 3.1%
2021-11-30 01:30 PM Q3 5.4% -3.2% 3% 2.9%
2022-03-01 01:30 PM Q4 5.4%


Related Last Previous Unit Reference
GDP Growth Rate 1.30 -0.80 percent Sep/21
GDP Growth Annualized 5.40 -3.20 percent Sep/21
GDP Annual Growth Rate 4.00 11.80 percent Sep/21
GDP Constant Prices 2093927.00 2066339.00 CAD Million Sep/21
Gross National Product 2487916.00 2443296.00 CAD Million Sep/21
Gross Fixed Capital Formation 447648.00 464437.00 CAD Million Sep/21
GDP From Utilities 41947.00 41501.00 CAD Million Oct/21
GDP From Transport 74994.00 73616.00 CAD Million Oct/21
GDP From Services 1430031.00 1421004.00 CAD Million Oct/21
GDP From Public Administration 138267.00 139280.00 CAD Million Oct/21
GDP From Mining 164567.00 160569.00 CAD Million Oct/21
GDP From Manufacturing 186533.00 182592.00 CAD Million Oct/21
GDP From Construction 145828.00 143224.00 CAD Million Oct/21
GDP From Agriculture 35929.00 35122.00 CAD Million Oct/21