GDP growth (annual %) (UNESCO Institute) in Canada
Canada: GDP growth (annual %) (UNESCO Institute) was 1.5% in 2024. ◆ Volatile
GDP growth in Canada, 1970–2024
Source: UNESCO Institute for Statistics. Measured in annual %.
Analysis
The most recent figure for gdp growth in Canada is 1.5%, measured in 2024.
Compared with earlier readings it is down 46.8% over ten years.
Over the whole period, gdp growth in Canada peaked at 6.7% in 1973 and was at its lowest, -5.0%, 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 growth (annual %) (UNESCO Institute) in Canada, year by year
| Year | annual % | Change |
|---|---|---|
| 1970 | 2.9% | — |
| 1971 | 4.0% | +37.7% |
| 1972 | 5.5% | +37.3% |
| 1973 | 6.7% | +21.9% |
| 1974 | 3.4% | -50.1% |
| 1975 | 1.5% | -54.0% |
| 1976 | 5.9% | +281.1% |
| 1977 | 3.5% | -40.0% |
| 1978 | 3.7% | +5.7% |
| 1979 | 3.7% | -0.3% |
| 1980 | 2.2% | -41.6% |
| 1981 | 3.4% | +56.9% |
| 1982 | -3.2% | -192.7% |
| 1983 | 2.6% | -180.9% |
| 1984 | 5.9% | +130.2% |
| 1985 | 4.7% | -19.7% |
| 1986 | 2.1% | -55.2% |
| 1987 | 4.1% | +91.9% |
| 1988 | 4.4% | +8.3% |
| 1989 | 2.3% | -47.0% |
| 1990 | 0.2% | -91.3% |
| 1991 | -2.1% | -1130.3% |
| 1992 | 0.9% | -142.6% |
| 1993 | 2.7% | +198.5% |
| 1994 | 4.5% | +69.1% |
| 1995 | 2.7% | -40.3% |
| 1996 | 1.7% | -37.0% |
| 1997 | 4.3% | +153.4% |
| 1998 | 3.9% | -9.0% |
| 1999 | 5.1% | +32.1% |
| 2000 | 5.1% | -0.0% |
| 2001 | 1.9% | -63.5% |
| 2002 | 3.0% | +60.0% |
| 2003 | 1.8% | -39.8% |
| 2004 | 3.1% | +71.2% |
| 2005 | 3.2% | +3.8% |
| 2006 | 2.6% | -17.8% |
| 2007 | 2.0% | -22.3% |
| 2008 | 1.0% | -51.4% |
| 2009 | -2.9% | -392.9% |
| 2010 | 3.1% | -206.0% |
| 2011 | 3.1% | +1.5% |
| 2012 | 1.8% | -44.0% |
| 2013 | 2.3% | +32.5% |
| 2014 | 2.9% | +23.5% |
| 2015 | 0.6% | -77.4% |
| 2016 | 1.0% | +59.8% |
| 2017 | 3.0% | +192.1% |
| 2018 | 2.7% | -9.6% |
| 2019 | 1.9% | -30.4% |
| 2020 | -5.0% | -364.0% |
| 2021 | 6.0% | -218.1% |
| 2022 | 4.2% | -29.6% |
| 2023 | 1.5% | -63.5% |
| 2024 | 1.5% | -0.0% |
Canada compared with similar countries
- Canada's 1.5% is below the median for high income countries, which is 2.3%, 67% of the median. (83 countries reporting)
Biggest year-on-year movements
Years where GDP growth (annual %) (UNESCO Institute) 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 | -1130.3% | 0.2% | -2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.1% | 1.5% | 6.7% | 10 |
| 1980s | 2.9% | -3.2% | 5.9% | 10 |
| 1990s | 2.4% | -2.1% | 5.1% | 10 |
| 2000s | 2.1% | -2.9% | 5.1% | 10 |
| 2010s | 2.3% | 0.6% | 3.1% | 10 |
| 2020s | 1.6% | -5.0% | 6.0% | 5 |
Countries ranked near Canada
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)
- Population growth rate 0.327 (2100)
- Population density 6.1 (2100)
- Projected population under age 5 2.33 million (2100)
Frequently asked questions
- What is gdp growth in Canada?
- Gdp growth in Canada was 1.5% in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp growth recorded in Canada?
- The highest recorded value was 6.7% in 1973.
- What is the lowest gdp growth recorded in Canada?
- The lowest recorded value was -5.0% in 2020.
- How does Canada rank for gdp growth?
- Canada ranks 159th out of 212 countries with data for 2024.
- Is gdp growth 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 UNESCO Institute for Statistics, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release