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COUNTRY OUTLOOK / CA

Canada

Target overnight rate · ISO:CA

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Forecast availableTarget · 31 Oct 2026Issued · 15 Sep 2026, 02:54 UTCRESEARCH ONLY
CapitalOttawa
RegionNorth America
Income groupHigh income
CurrencyCanadian dollar
GDP$2.32T2025 · current US$
Real GDP growth1.74%2025 · annual %
Population41.65M2025 · people
GDP per capita$55,697.662025 · current US$

Latest available annual observations; years differ by indicator. Monetary values use the stated current-price basis and are not forecasts. World Bank data fetched 2026-09-15.

Economic structure

2022 · share of GDP

Broad sectors use the latest common year. Manufacturing is included in industry. Shares can total less than 100% because of taxes and accounting adjustments.

Canada's largest reported broad sector is services in 2022.

Monetary & research context

Policy authorityISO:CA
Policy frameworkunverified rate framework
Native targetpolicy benchmark rate
Decision evidence0
Calendar evidence0
Communication records0

Evidence counts include research inputs; they do not establish live coverage or independent observations. A country's economic composition is descriptive and does not establish what caused a model forecast.

Country events & results ↗

Explore annual trends

Real GDP growth

1.74% · 2025 · annual %

Real GDP growth · annual %-5.04%0.46%5.95%2014: 2.87346675579731 annual %2015: 0.64997101491096 annual %2016: 1.03855091989323 annual %2017: 3.03383491841392 annual %2018: 2.74296341402246 annual %2019: 1.90843193887251 annual %2020: -5.03823342794087 annual %2021: 5.95052804984759 annual %2022: 4.69541985045903 annual %2023: 1.95308552199025 annual %2024: 2.04626605401701 annual %2025: 1.74268536175708 annual %20142025
View annual observations
YearValue (annual %)
20251.743
20242.046
20231.953
20224.695
20215.951
2020-5.038
20191.908
20182.743
20173.034
20161.039
20150.650
20142.873
World Bank source & definition ↗

Economy

GDP$2.32T2025 · current US$Source & definition ↗
Real GDP growth1.74%2025 · annual %Source & definition ↗
GDP per capita$55,697.662025 · current US$Source & definition ↗
GDP at purchasing power parityInt$ 2.78T2025 · current international $Source & definition ↗

People

Population41.65M2025 · peopleSource & definition ↗
Population growth0.94%2025 · annual %Source & definition ↗
Urban population82.88%2025 · % of populationSource & definition ↗
Life expectancy82.112024 · yearsSource & definition ↗
Unemployment · ILO estimate6.91%2025 · % of labor forceSource & definition ↗
Labor force participation · ages 15+64.52%2025 · % of population ages 15+Source & definition ↗

Sectors

Agriculture, forestry & fishing1.93%2022 · % of GDPSource & definition ↗
Industry including construction27.35%2022 · % of GDPSource & definition ↗
Services64.11%2022 · % of GDPSource & definition ↗
Manufacturing9.32%2022 · % of GDPSource & definition ↗

Trade & investment

Exports of goods & services31.33%2025 · % of GDPSource & definition ↗
Imports of goods & services32.18%2025 · % of GDPSource & definition ↗
Current account balance-0.95%2025 · % of GDPSource & definition ↗
Foreign direct investment · net inflows2.98%2025 · % of GDPSource & definition ↗

Money & public finance

Consumer inflation2.07%2025 · annual %Source & definition ↗
Central government debt64.13%2024 · % of GDPSource & definition ↗
Tax revenue13.71%2024 · % of GDPSource & definition ↗
Government cash surplus / deficitNot available% of GDP
Domestic credit to private sector124.10%2008 · % of GDPSource & definition ↗
Total reserves including gold$125.63B2025 · current US$Source & definition ↗

Infrastructure

Internet use94.35%2024 · % of populationSource & definition ↗
Access to electricity100.00%2024 · % of populationSource & definition ↗

Geography

Surface area15,634,4102023 · square kmSource & definition ↗

Government debt covers central government, which can differ substantially from general-government debt. Indicator definitions, estimation methods and coverage differ. Latest available does not mean current-year: older observations remain explicitly dated. Source: World Bank WDI and its underlying contributors.

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Every forecast has a boundary.This is a dated research snapshot, not an automatically updating market feed. Source gaps, model limitations, and adverse results are retained.

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