GDP growth in Canada
Canada: GDP growth was 1.5% in 2024. β Volatile
Latest (2024)
1.5%
Change on year
down 0.0%
World rank
157th
of 209 countries
All-time high
6.7%
in 1973
All-time low
-5.0%
in 2020
Years of data
55
1970β2024
GDP growth in Canada, 1970β2024
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 157th out of 209 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
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 growth rate by level of development 0.327 (2100)
- Projected population under age 5 2.33 million (2100)
- Population density 6.1 (2100)
- Population growth rate 0.327 (2100)
- Fertility and wanted fertility 1.25 (2024)
- Refugee population by country or territory of asylum 269,496 (2024)
- Fertility vs unmet contraception 1.25 (2024)
- Fertility vs contraception 1.25 (2024)
- Natural population growth 0.1143 (2023)
- Fertility rate with projections 1.35 (2023)
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 157th out of 209 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 Β· JSON β 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release