Canada's real GDP grew 1.6% in 2024, the fourth consecutive year of expansion. Full Year GDP Growth in Canada averaged 3.01 percent from 1962 until 2024, reaching an all time high of 7.43 percent in 1962 and a record low of -5.04 percent in 2020. source: OECD
Full Year GDP Growth in Canada is expected to reach 1.30 percent by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Full Year Gdp Growth is projected to trend around 1.70 percent in 2027 and 1.80 percent in 2028, according to our econometric models.