North America
Canada GDP
Gross Domestic Product in current US dollars.
Latest Value
$2.24T
As of 2024
YoY Change
+3.2%
2023 → 2024
Record High
$2.24T
Recorded in 2024
Record Low
$40.56B
Recorded in 1960
10-Year Average
$1.85T
2015–2024
Data Range
1960–2024
65 data points
Source
World Bank
Code: NY.GDP.MKTP.CD
Historical Trend
1960 – 2024
Analysis
Canada's GDP of 2,243,640,000,000 current US$ in 2024 reflects its position as one of the world's largest economies, driven by a diverse range of industries including services, manufacturing, and natural resources. The country's economic performance is closely tied to its trade relationships, particularly with the United States. Canada's GDP is also influenced by its significant energy sector.
Historical Data
| Value | YoY Change | Change % | |
|---|---|---|---|
| 2024 | $2.24T | $70.30B | +3.2% |
| 2023 | $2.17T | $17.07B | -0.8% |
| 2022 | $2.19T | $168.03B | +8.3% |
| 2021 | $2.02T | $366.69B | +22.1% |
| 2020 | $1.66T | $88.04B | -5.0% |
| 2019 | $1.74T | $18.40B | +1.1% |
| 2018 | $1.73T | $76.06B | +4.6% |
| 2017 | $1.65T | $121.27B | +7.9% |
| 2016 | $1.53T | $28.51B | -1.8% |
| 2015 | $1.56T | $249.24B | -13.8% |
Source: World Bank Open Data · 1960–2024
