Canada GDP deflator was up 0.8% in the third quarter of 2025, following a 0.1% increase in the second quarter. The increase in the third quarter was led by higher export prices (1.6%), particularly for energy products. source: Statistics Canada

GDP Deflator in Canada averaged 60.69 points from 1961 until 2025, reaching an all time high of 130.10 points in the third quarter of 2025 and a record low of 11.10 points in the second quarter of 1961. This page provides - Canada GDP Deflator - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada GDP Deflator - data, historical chart, forecasts and calendar of releases - was last updated on May of 2026.

GDP Deflator in Canada is expected to be 132.71 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 136.42 points in 2027 and 139.56 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 167.40 165.90 points Mar 2026
Core Consumer Prices 161.60 161.30 points Mar 2026
Core Inflation Rate YoY 2.50 2.30 percent Mar 2026
CPI Housing Utilities 190.10 189.50 points Mar 2026
CPI Transportation 179.50 172.20 points Mar 2026
Export Prices 149.30 142.90 points Mar 2026
Food Inflation 4.00 5.40 percent Mar 2026
GDP Implicit Price 130.10 129.10 points Sep 2025
Import Prices 139.10 137.80 points Mar 2026
Inflation Rate YoY 2.40 1.80 percent Mar 2026
Inflation Rate MoM 0.90 0.50 percent Mar 2026
Producer Prices 141.70 138.40 points Mar 2026
PPI YoY 7.80 5.60 percent Mar 2026
Raw Materials Prices MoM 179.30 160.10 points Mar 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
130.10 129.10 130.10 11.10 1961 - 2025 points Quarterly
Seasonally Adjusted