GDP (constant LCU), annual growth rate in Canada
Canada: GDP (constant LCU), annual growth rate was 1.53 % change on previous year in 2024. ◆ Volatile
GDP (constant LCU), annual growth rate in Canada, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Canada recorded 1.53 % change on previous year for gdp (constant lcu), annual growth rate in 2024.
That represents a change of down 0.1% on the previous year and down 46.8% over ten years.
Over the whole period, gdp (constant lcu), annual growth rate in Canada peaked at 6.73 % change on previous year in 1973 and was at its lowest, -5.04 % change on previous year, in 2020.
That places Canada 159th out of 212 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (constant LCU), annual growth rate in Canada, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 4.02 % change on previous year | — |
| 1972 | 5.52 % change on previous year | +37.3% |
| 1973 | 6.73 % change on previous year | +21.9% |
| 1974 | 3.36 % change on previous year | -50.1% |
| 1975 | 1.55 % change on previous year | -54.0% |
| 1976 | 5.89 % change on previous year | +281.1% |
| 1977 | 3.53 % change on previous year | -40.0% |
| 1978 | 3.74 % change on previous year | +5.7% |
| 1979 | 3.73 % change on previous year | -0.3% |
| 1980 | 2.18 % change on previous year | -41.6% |
| 1981 | 3.42 % change on previous year | +56.9% |
| 1982 | -3.17 % change on previous year | -192.7% |
| 1983 | 2.56 % change on previous year | -180.9% |
| 1984 | 5.9 % change on previous year | +130.2% |
| 1985 | 4.74 % change on previous year | -19.7% |
| 1986 | 2.12 % change on previous year | -55.2% |
| 1987 | 4.07 % change on previous year | +92.0% |
| 1988 | 4.41 % change on previous year | +8.3% |
| 1989 | 2.34 % change on previous year | -47.0% |
| 1990 | 0.2029 % change on previous year | -91.3% |
| 1991 | -2.09 % change on previous year | -1130.6% |
| 1992 | 0.8906 % change on previous year | -142.6% |
| 1993 | 2.66 % change on previous year | +198.4% |
| 1994 | 4.49 % change on previous year | +69.1% |
| 1995 | 2.68 % change on previous year | -40.3% |
| 1996 | 1.69 % change on previous year | -37.0% |
| 1997 | 4.28 % change on previous year | +153.3% |
| 1998 | 3.89 % change on previous year | -9.0% |
| 1999 | 5.14 % change on previous year | +32.1% |
| 2000 | 5.14 % change on previous year | -0.1% |
| 2001 | 1.88 % change on previous year | -63.5% |
| 2002 | 3 % change on previous year | +60.0% |
| 2003 | 1.81 % change on previous year | -39.8% |
| 2004 | 3.09 % change on previous year | +71.2% |
| 2005 | 3.21 % change on previous year | +3.8% |
| 2006 | 2.64 % change on previous year | -17.8% |
| 2007 | 2.05 % change on previous year | -22.3% |
| 2008 | 0.9955 % change on previous year | -51.4% |
| 2009 | -2.91 % change on previous year | -392.8% |
| 2010 | 3.09 % change on previous year | -206.0% |
| 2011 | 3.14 % change on previous year | +1.5% |
| 2012 | 1.76 % change on previous year | -44.0% |
| 2013 | 2.33 % change on previous year | +32.5% |
| 2014 | 2.87 % change on previous year | +23.6% |
| 2015 | 0.6498 % change on previous year | -77.4% |
| 2016 | 1.04 % change on previous year | +59.8% |
| 2017 | 3.03 % change on previous year | +192.1% |
| 2018 | 2.74 % change on previous year | -9.6% |
| 2019 | 1.91 % change on previous year | -30.4% |
| 2020 | -5.04 % change on previous year | -364.0% |
| 2021 | 5.95 % change on previous year | -218.1% |
| 2022 | 4.19 % change on previous year | -29.6% |
| 2023 | 1.53 % change on previous year | -63.5% |
| 2024 | 1.53 % change on previous year | -0.1% |
Canada compared with similar countries
- Canada's 1.53 % change on previous year is below the median for high income countries, which is 2.27 % change on previous year, 67% of the median. (83 countries reporting)
Biggest year-on-year movements
Years where GDP (constant LCU), annual growth rate in Canada changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1991 | -1130.6% | 0.2029 % change on previous year | -2.09 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.23 % change on previous year | 1.55 % change on previous year | 6.73 % change on previous year | 9 |
| 1980s | 2.86 % change on previous year | -3.17 % change on previous year | 5.9 % change on previous year | 10 |
| 1990s | 2.38 % change on previous year | -2.09 % change on previous year | 5.14 % change on previous year | 10 |
| 2000s | 2.09 % change on previous year | -2.91 % change on previous year | 5.14 % change on previous year | 10 |
| 2010s | 2.26 % change on previous year | 0.6498 % change on previous year | 3.14 % change on previous year | 10 |
| 2020s | 1.63 % change on previous year | -5.04 % change on previous year | 5.95 % change on previous year | 5 |
Countries ranked near Canada
- 156 Trinidad and Tobago 1.65 % change on previous year compare
- 157 Slovenia 1.59 % change on previous year compare
- 158 Central African Republic 1.54 % change on previous year compare
- 160 Mexico 1.45 % change on previous year compare
- 161 Australia 1.43 % change on previous year compare
- 162 Bolivia 1.38 % change on previous year compare
More population data for Canada
- Population regions with projections, annual growth rate 0.3281 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -1.13 % change on previous year (2050)
- Population long run with projections, annual growth rate 0.3281 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate 0.2634 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 45,891 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.7644 Percent per annum (2030)
- Projected population under age 5, annual growth rate 0.3863 % change on previous year (2100)
- World population growth 0.3% (2100)
- Population density 6.1 people per km² (2100)
- Number of children under 5, by world region 2.33 million people (2100)
Frequently asked questions
- What is gdp (constant lcu), annual growth rate in Canada?
- Gdp (constant lcu), annual growth rate in Canada was 1.53 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp (constant lcu), annual growth rate recorded in Canada?
- The highest recorded value was 6.73 % change on previous year in 1973.
- What is the lowest gdp (constant lcu), annual growth rate recorded in Canada?
- The lowest recorded value was -5.04 % change on previous year in 2020.
- How does Canada rank for gdp (constant lcu), annual growth rate?
- Canada ranks 159th out of 212 countries with data for 2024.
- Is gdp (constant lcu), annual growth rate rising or falling in Canada?
- Over the last ten years it is down 46.8%. The long-run trend across the full record is volatile.
- Where does this Canada data come from?
- The figures come from Statizoid (derived), published as part of GDP (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP UNESCO Institute for Statistics
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.