GDP Deflator in Canada increased to 116.20 points in the first quarter of 2021 from 112.90 points in the fourth quarter of 2020. source: Statistics Canada

GDP Deflator in Canada averaged 59.51 points from 1961 until 2021, reaching an all time high of 116.20 points in the first quarter of 2021 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 July of 2021.

GDP Deflator in Canada is expected to be 115.30 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 118.41 in 12 months time. In the long-term, the Canada GDP Deflator is projected to trend around 117.69 points in 2022 and 119.45 points in 2023, according to our econometric models.

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Canada GDP Deflator

Actual Previous Highest Lowest Dates Unit Frequency
116.20 112.90 116.20 11.80 1961 - 2021 points Quarterly
Seasonally Adjusted


Calendar GMT Actual Previous Consensus TEForecast
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%
2021-06-01 12:30 PM Q1 2.9% 1.3% 0.4%

Canada Prices Last Previous Highest Lowest Unit
Inflation Rate 3.60 3.40 21.60 -17.80 percent [+]
Inflation Rate Mom 0.50 0.50 2.60 -1.30 percent [+]
Consumer Price Index CPI 141.00 140.30 141.00 12.10 points [+]
Core Consumer Prices 138.80 138.20 138.80 61.70 points [+]
Core Inflation Rate 2.80 2.30 5.40 0.00 percent [+]
GDP Deflator 116.20 112.90 116.20 11.80 points [+]
Producer Prices 113.90 114.40 114.40 13.30 points [+]
Producer Prices Change 16.20 16.90 21.46 -7.14 percent [+]
Export Prices 124.60 121.50 124.60 62.60 points [+]
Import Prices 122.40 122.70 8964.00 75.90 points [+]
Food Inflation 1.50 0.90 20.18 -7.14 percent [+]
Wholesale Prices 120.10 116.40 130.70 38.50 points [+]
CPI Housing Utilities 151.70 150.70 151.70 39.10 points [+]
CPI Transportation 150.30 149.50 150.30 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.