Canada: Economy

Economic Trivia

Canada is the US's largest foreign supplier of energy, including oil, gas, uranium, and electric power.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2015): United States, China, and Mexico
Top 3 Exported Goods (2015): Oil & Mineral Fuels, Motor Vehicles & Parts, and Industrial Machinery

Top Industries Source: CIA World Factbook

Transportation Equipment; Chemicals; Processed and Unprocessed Minerals; Food Products

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $1,588,596,446,963 (2015)
GDP Growth Rate (annual %) 1.078% (2015)
GDP Per Capita, PPP (current international) $44,310 (2015)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 16/193 (2015)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 1.125% (2015)
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) 21.1% (2015)
Real Interest Rate (5 year average %) 3.347% (2015)
Manufacturing, value added (% of GDP) 11.089% (2012)
Current Account Balance (BoP, current US$) ($49,189,468,223) (2015)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 19,726,591 (2014)
Employment in Agriculture (% of total employment) 2.1% (2014)
Employment in Industry (% of total employment) 19.8% (2014)
Employment in Services (% of total employment) 78.2% (2014)
Unemployment Rate 6.9% (2014)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $524,778,441,351 (2015)
Exports of goods and services (current US$) $488,962,574,436 (2015)
Total Merchandise Trade (% of GDP) 53.193% (2014)
FDI, net inflows (BoP, current US$) $55,685,384,262 (2015)
Commercial Service Exports (current US$) $84,883,749,042 (2014)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Canada’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary