GDP Deflator in Canada increased to 112.80 points in the fourth quarter of 2020 from 111.60 points in the third quarter of 2020. source: Statistics Canada

GDP Deflator in Canada averaged 59.28 points from 1961 until 2020, reaching an all time high of 112.80 points in the fourth 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 May of 2021.

GDP Deflator in Canada is expected to be 111.29 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 115.17 in 12 months time. In the long-term, the Canada GDP Deflator is projected to trend around 117.58 points in 2022 and 119.35 points in 2023, according to our econometric models.

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Canada GDP Deflator

Actual Previous Highest Lowest Dates Unit Frequency
112.80 111.60 112.80 11.80 1961 - 2020 points Quarterly
Seasonally Adjusted


Calendar GMT Actual Previous Consensus TEForecast
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%
2021-03-02 01:30 PM Q4 1.1% 2.4%

Canada Prices Last Previous Highest Lowest Unit
Inflation Rate 2.20 1.10 21.60 -17.80 percent [+]
Inflation Rate Mom 0.50 0.50 2.60 -1.30 percent [+]
Consumer Price Index CPI 139.60 138.90 139.60 12.10 points [+]
Core Consumer Prices 137.50 137.10 137.50 61.70 points [+]
Core Inflation Rate 1.40 1.20 5.40 0.00 percent [+]
GDP Deflator 112.80 111.60 112.80 11.80 points [+]
Producer Prices 110.80 108.80 110.80 13.30 points [+]
Producer Prices Change 14.20 10.00 21.46 -7.14 percent [+]
Export Prices 119.50 119.50 119.50 62.60 points [+]
Import Prices 122.00 122.50 8964.00 75.90 points [+]
Food Inflation 1.80 1.80 20.18 -7.14 percent [+]
Wholesale Prices 115.30 112.70 130.70 38.50 points [+]
CPI Housing Utilities 150.00 148.80 150.00 39.10 points [+]
CPI Transportation 148.80 147.10 148.80 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.