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Economy & jobs
Statistics · Country
Economic growth in Canada
1961 – 2025 · 65 data points
30 of 40 · Countries
Updated Oct 21, 2026
Source: World Bank — World Development Indicators, 1961 – 2025
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Latest value · 2025
1.7%
Countries · 2025
30 of 40
Place 1 is the highest value.
vs World
−1.2 pp
World: 2.9% · 2025
Economic growth, 1961 – 2025 percent · Canada
1.7%
2025
Source: World Bank — World Development Indicators, 1961 – 2025
Compared with Economic growth · percent
Canada
1.7%
World
2.9%
Source: World Bank — World Development Indicators
The series at a glance Canada · 1961 – 2025
Latest value
1.7% · 2025
First value
3.2% · 1961
Highest
7.4% · 1962
Lowest
-5.0% · 2020
Data points
65
By year
All years · 1961 – 2025
| Year | Canada | Change | World |
|---|---|---|---|
| 2025 | 1.7% | 2.9% | |
| 2024 | 2.0% | 2.9% | |
| 2023 | 2.0% | 2.9% | |
| 2022 | 4.7% | 3.4% | |
| 2021 | 6.0% | 6.5% | |
| 2020 | -5.0% | -2.9% | |
| 2019 | 1.9% | 2.7% | |
| 2018 | 2.7% | 3.3% | |
| 2017 | 3.0% | 3.4% | |
| 2016 | 1.0% | 2.8% | |
| 2015 | 0.6% | 3.1% | |
| 2014 | 2.9% | 3.2% | |
| 2013 | 2.3% | 2.9% | |
| 2012 | 1.8% | 2.7% | |
| 2011 | 3.1% | 3.3% | |
| 2010 | 3.1% | 4.5% | |
| 2009 | -2.9% | -1.3% | |
| 2008 | 1.0% | 2.1% | |
| 2007 | 2.0% | 4.4% | |
| 2006 | 2.6% | 4.5% | |
| 2005 | 3.2% | 4.1% | |
| 2004 | 3.1% | 4.5% | |
| 2003 | 1.8% | 3.1% | |
| 2002 | 3.0% | 2.3% | |
| 2001 | 1.9% | 2.0% | |
| 2000 | 5.1% | 4.6% | |
| 1999 | 5.1% | 3.6% | |
| 1998 | 3.9% | 2.8% | |
| 1997 | 4.3% | 4.0% | |
| 1996 | 1.7% | 3.6% | |
| 1995 | 2.7% | 3.2% | |
| 1994 | 4.5% | 3.4% | |
| 1993 | 2.7% | 1.9% | |
| 1992 | 0.9% | 2.1% | |
| 1991 | -2.1% | 1.2% | |
| 1990 | 0.2% | 2.7% | |
| 1989 | 2.3% | 3.6% | |
| 1988 | 4.4% | 4.5% | |
| 1987 | 4.1% | 3.8% | |
| 1986 | 2.1% | 3.3% | |
| 1985 | 4.7% | 3.7% | |
| 1984 | 5.9% | 4.7% | |
| 1983 | 2.6% | 2.6% | |
| 1982 | -3.2% | 0.4% | |
| 1981 | 3.4% | 1.9% | |
| 1980 | 2.2% | 1.8% | |
| 1979 | 3.7% | 4.1% | |
| 1978 | 3.7% | 4.1% | |
| 1977 | 3.5% | 3.9% | |
| 1976 | 5.9% | 5.2% | |
| 1975 | 1.5% | 0.8% | |
| 1974 | 3.4% | 2.0% | |
| 1973 | 6.7% | 6.5% | |
| 1972 | 5.5% | 5.5% | |
| 1971 | 4.0% | 4.1% | |
| 1970 | 2.9% | 3.8% | |
| 1969 | 5.1% | 6.0% | |
| 1968 | 5.0% | 5.9% | |
| 1967 | 3.1% | 3.7% | |
| 1966 | 6.8% | 5.4% | |
| 1965 | 6.3% | 5.6% | |
| 1964 | 6.7% | 6.6% | |
| 1963 | 5.3% | 5.0% | |
| 1962 | 7.4% | 5.3% | |
| 1961 | 3.2% | 3.9% |
Source: World Bank — World Development Indicators, 1961 – 2025
Ranking · Countries
2024 · Place 1 is the highest value.
| # | Territory | Economic growth | |
|---|---|---|---|
| 1 | India | 7.1% | |
| 2 | Congo - Kinshasa | 6.1% | |
| 3 | Philippines | 5.7% | |
| 4 | Indonesia | 5.0% | |
| 5 | China | 5.0% | |
| 6 | Russia | 4.9% | |
| 7 | Sierra Leone | 4.3% | |
| 8 | Bangladesh | 4.2% | |
| 9 | Liberia | 4.0% | |
| 10 | Algeria | 3.7% | |
| 11 | Honduras | 3.6% | |
| 12 | Spain | 3.5% | |
| 13 | Brazil | 3.4% | |
| 14 | Gabon | 3.4% | |
| 15 | Bulgaria | 3.4% | |
| 16 | Türkiye | 3.3% | |
| 17 | Lithuania | 3.0% | |
| 18 | Poland | 3.0% | |
| 19 | Chile | 2.8% | |
| 20 | United States | 2.8% | |
| 21 | Saudi Arabia | 2.6% | |
| 22 | Hong Kong SAR China | 2.6% | |
| 23 | Egypt | 2.4% | |
| 24 | Congo - Brazzaville | 2.1% | |
| 25 | Greece | 2.1% | |
| 26 | Canada | 2.0% | |
| 27 | South Korea | 2.0% | |
| 28 | Colombia | 1.5% | |
| 29 | Norway | 1.4% | |
| 30 | Mexico | 1.4% | |
| 31 | Czechia | 1.3% | |
| 32 | France | 1.2% | |
| 33 | United Kingdom | 1.1% | |
| 34 | Netherlands | 1.1% | |
| 35 | Romania | 0.9% | |
| 36 | Italy | 0.8% | |
| 37 | Finland | 0.4% | |
| 38 | Germany | -0.5% | |
| 39 | Argentina | -1.3% | |
| 40 | Ecuador | -1.9% | |
| 41 | Lebanon | -7.1% |
Source: World Bank — World Development Indicators, 2024
What it means
How much the economy grew or shrank compared with the year before.
How it is calculated
Change in GDP at constant prices (inflation removed) from the previous year, in percent.
Economy & jobs
Canada in numbers
GDP per person
$75,288
2024
GDP per person (PPP)
US$66,305
2024
Gross domestic product
US$2.3T
2025
Inflation
2.1%
2025
Unemployment rate
5.4%
2023
Youth unemployment
13.8%
2025
Employment rate
72.2%
2024
Labour force participation
64.5%
2025
Household income per person
US$32,301
2023
Income inequality (Gini)
31.5
2022