Canada GDP deflator rose 0.7% in the December 2025 quarter, following an upwardly revised 0.9% increase in the previous quarter. GDP Deflator in Canada averaged 60.96 points from 1961 until 2025, reaching an all time high of 131.00 points in the fourth quarter of 2025 and a record low of 11.10 points in the second quarter of 1961. source: Statistics Canada

GDP Deflator in Canada is expected to be 132.77 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada GDP Deflator is projected to trend around 137.36 points in 2027 and 140.52 points in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-11-28 01:30 PM
GDP Implicit Price QoQ
Q3 0.8% 0.1% 0.2%
2026-02-27 01:30 PM
GDP Implicit Price QoQ
Q4 0.7% 0.9% 0.7%


Related Last Previous Unit Reference
Consumer Price Index CPI 168.00 167.40 points Apr 2026
Core Consumer Prices 161.90 161.60 points Apr 2026
Core Inflation Rate YoY 2.10 2.50 percent Apr 2026
CPI Housing Utilities 190.20 190.10 points Apr 2026
CPI Transportation 183.50 179.50 points Apr 2026
Export Prices 149.30 142.90 points Mar 2026
Food Inflation 3.50 4.00 percent Apr 2026
GDP Implicit Price 131.00 130.10 points Dec 2025
Import Prices 139.10 137.80 points Mar 2026
Inflation Rate YoY 2.80 2.40 percent Apr 2026
Inflation Rate MoM 0.40 0.90 percent Apr 2026
Producer Prices 145.30 142.40 points Apr 2026
PPI YoY 11.40 7.80 percent Apr 2026
Raw Materials Prices MoM 183.80 179.10 points Apr 2026


Canada GDP Deflator
In Canada, implicit price indexes are a byproduct of the deflation procedure, obtained by dividing an expenditure series expressed at current prices by the corresponding series expressed at constant prices. For all volume aggregates published in the Economic and Financial Accounts, the implicit price indexes are the chain Fisher price indexes.
Actual Previous Highest Lowest Dates Unit Frequency
131.00 130.10 131.00 11.10 1961 - 2025 points Quarterly
Seasonally Adjusted