List of Canadian provinces and territories by gross domestic product

This article lists Canadian provinces and territories by gross domestic product (GDP).

While Canada's ten provinces and three territories exhibit high per capita GDPs, there is wide variation among them. Ontario, the country's most populous province, is a manufacturing and trade locus with extensive linkages to the northeastern and midwestern United States. The economies of Alberta, Saskatchewan, Newfoundland and Labrador and the territories rely heavily on natural resources and produce the highest per capita GDP values in the country. On the other hand, Manitoba, Quebec and The Maritimes have the country's lowest per capita GDP values.

In the face of these long-term regional disparities, the Government of Canada redistributes some of its revenues through unconditional equalization payments and finances the delivery of comparable levels of government services through the Canada Health Transfer and the Canada Social Transfer.

GDP and per capita GDP, 2018

A table listing total GDP (expenditure-based), share of Canadian GDP, population, and per capita GDP in 2018. For illustrative purposes, market income (total income less government transfers)[1] per capita from tax returns is included. (The per capita, rather than per tax filer, measure is chosen for comparability with GDP per capita.)

Province
or
territory
GDP
(million
CAD, 2018)
Share of
national GDP
(%, 2018)
Population
(July 1, 2018)
GDP
per capita
(CAD, 2018)
Market
income
per capita
(CAD, 2017)
Canada 2,223,85610037,057,76560,01133,029
British Columbia295,40113.285,001,17059,06634,426
Alberta344,81215.514,300,72180,17539,056
Saskatchewan80,6793.631,162,97869,37331,724
Manitoba72,6883.271,353,40353,70828,853
Ontario857,38438.5514,318,54559,87934,033
Quebec439,37519.768,387,63252,38429,689
New Brunswick36,9661.66770,92147,95026,992
Prince Edward Island6,9940.31153,58445,53927,043
Nova Scotia44,3541.99959,50046,22628,672
Newfoundland and Labrador33,2411.49525,60463,24329,646
Yukon3,0460.1440,61275,00239,708
Northwest Territories4,7300.2144,956105,21441,324
Nunavut3,4210.1538,13989,69826,174

Source: Statistics Canada: GDP (totals),[2] Population,[3] Total income and government transfers,[4] Population covered by income data[5]

International comparisons, 2018

In the table below, the figures from the previous table are converted to United States dollars using the ratio of the International Monetary Fund's estimate for Canada's GDP by purchasing power parity to Canada's nominal GDP.[6] The national economy with the closest figure for the relevant year according to the International Monetary Fund is then indicated.

(Note that because the same conversion rate is used for all of Canada, this method overstates the GDP PPP of provinces and territories with high price levels, and understates the GDP PPP of provinces and territories with low price levels.)

Province
or
territory
GDP PPP
(million
Int$, 2018)
Comparable economy
by GDP PPP
GDP
per capita PPP
(Int$, 2018)
Comparable economy
by GDP PPP
per capita
Canada1,842,230Saudi Arabia49,712Bahrain
Ontario710,252Vietnam49,604Bahrain
Quebec363,976Qatar43,394South Korea
Alberta285,640Sri Lanka66,417Kuwait
British Columbia244,709Finland48,930Belgium
Saskatchewan66,834Yemen57,468Netherlands
Manitoba60,214Senegal44,491Japan
Nova Scotia36,743Benin38,293Israel
New Brunswick30,622Chad39,722Italy
Newfoundland and Labrador27,537Rwanda52,391Germany
Prince Edward Island5,794Gambia37,724Israel
Northwest Territories3,918Central African Republic87,159Ireland
Nunavut2,834Seychelles74,306Norway
Yukon2,523Saint Lucia62,132United States

Real GDP at basic prices, 2014-2018

A table listing annual GDP at basic prices from 2014 through 2018 in chained 2012 dollars. Caution: GDP at basic prices differs from GDP in the treatment of taxes and subsidies.[8]

Province
or
territory
GDP
(million
chained (2012)
CAD, 2014)
GDP
(million
chained (2012)
CAD, 2015)
GDP
(million
chained (2012)
CAD, 2016)
GDP
(million
chained (2012)
CAD, 2017)
GDP
(million
chained (2012)
CAD, 2018)
British Columbia219,060.9224,153.4231,509.9240,657.9246,506.3
Alberta338,262.6326,476.7313,241.5327,596.2335,095.6
Saskatchewan80,175.779,574.279,364.481,179.082,502.7
Manitoba58,276.359,082.560,066.261,941.262,723.1
Ontario659,861.2677,384.0693,900.4712,984.3728,363.7
Quebec338,319.0341,688.0346,713.7356,677.9365,614.4
New Brunswick29,039.629,275.729,686.330,271.830,295.3
Prince Edward Island5,205.65,280.75,372.25,553.35,700.0
Nova Scotia34,747.235,013.435,549.336,075.436,518.2
Newfoundland and Labrador31,143.330,806.031,334.531,610.630,757.9
Yukon2,510.92,320.22,482.52,554.52,626.1
Northwest Territories4,574.64,621.34,679.84,861.34,954.7
Nunavut2,363.62,353.02,434.32,685.32,955.0

Components of GDP, 2014

A table of Canadian provinces and territories by descending GDP (at current prices and expenditure-based); all figures are from Statistics Canada.[10]

Province
or
territory
GDP
(million
CAD, 2014)
= Final
consumption
expenditure
+ Gross
capital
formation
+ Investment
in
Inventories
+ Exports − Imports
Canada 1,973,0431,513,043469,739 8,4881,005,4461,024,061
British Columbia 237,188202,40556,081 1,74793,215116,444
Alberta 375,756198,643132,709 1,876206,923164,444
Saskatchewan 82,78050,04626,100 −2,31658,32849,340
Manitoba 64,07755,12915,663 −38535,99242,256
Ontario 721,970576,173135,610 5,234370,845365,804
Quebec 370,064315,39674,182 2,110171,350193,352
New Brunswick 32,05631,8985,391 125,79231,015
Prince Edward Island 6,0036,106989 562,7293,877
Nova Scotia 39,07742,9817,465 2515,37726,756
Newfoundland and Labrador 33,51423,78611,853 −6819,78721,855
Yukon 2,6032,783814 48021,791
Northwest Territories 4,7313,7051,485 833,3923,929
Nunavut 2,4872,4731,293 1229102,301

Figures may not add up precisely due to omission of the statistical discrepancy column and the "Outside Canada" row.

See also

Notes

  1. Canada, Government of Canada, Statistics. "Dictionary, Census of Population, 2016 - Market income". www12.statcan.gc.ca. Retrieved 2019-11-07.
  2. Canada, Government of Canada, Statistics. "Gross domestic product, expenditure-based, provincial and territorial, annual". www150.statcan.gc.ca. Retrieved 2019-11-07.
  3. Canada, Government of Canada, Statistics. "Population estimates, quarterly". www150.statcan.gc.ca. Retrieved 2019-11-07.
  4. Canada, Government of Canada, Statistics. "Tax filers and dependants with income by source of income". www150.statcan.gc.ca. Retrieved 2019-07-11.
  5. Canada, Government of Canada, Statistics. "Selected characteristics of tax filers and dependants, income and demographics (final T1 Family File)". www150.statcan.gc.ca. Retrieved 2019-07-11.
  6. "World Economic Outlook Database, October 2019". www.imf.org. Retrieved 2019-11-07.
  7. "World Economic Outlook Database, October 2019". www.imf.org. Retrieved 2019-11-07.
  8. "Glossary". www150.statcan.gc.ca. Retrieved 2019-11-07.
  9. "Gross domestic product (GDP) at basic prices, by industry, provinces and territories (x 1,000,000)". Government of Canada, Statistics. September 7, 2019. Retrieved September 7, 2019.
  10. "Table 384-0038 - Gross domestic product, expenditure-based, provincial and territorial, annual (dollars unless otherwise noted), CANSIM (database)". Statistics Canada. 2012-11-26.

References

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