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 (2019): United States, China, and Mexico
Top 3 Exported Goods (2019): 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) [1]

GDP, PPP (current international) $1,992,049,900,005 (2021)
GDP Growth Rate (annual %) 4.563% (2021)
GDP Per Capita, PPP (current international) $52,085 (2021)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 15/197 (2021)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 3.395% (2021)
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) 24.5% (2019)
Real Interest Rate (5 year average %) 0.132% (2017)
Manufacturing, value added (% of GDP) 9.866% (2018)
Current Account Balance (BoP, current US$) $1,216,875,854 (2021)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 21,013,127 (2021)
Employment in Agriculture (% of total employment) 1.421% (2020)
Employment in Industry (% of total employment) 19.396% (2020)
Employment in Services (% of total employment) 79.183% (2020)
Unemployment Rate 7.51% (2021)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $607,881,841,277 (2021)
Exports of goods and services (current US$) $610,975,446,394 (2021)
Total Merchandise Trade (% of GDP) 50.362% (2021)
FDI, net inflows (BoP, current US$) $26,558,536,715 (2020)
Commercial Service Exports (current US$) $102,497,912,844 (2021)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

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

Sources

  1. The World Bank