Name: Canada GDP Deflator
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Canada,GDP Deflator,data,chart,actual,historical,values,calendar,forecast,graph,2025,2026,2027

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 February of 2026.

GDP Deflator in Canada is expected to be 131.32 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 135.62 points in 2027 and 138.74 points in 2028, according to our econometric models.

Related	Last	Previous	Unit	Reference
Consumer Price Index CPI	165.00	165.40	points	Dec 2025
Core Consumer Prices	160.20	160.80	points	Dec 2025
Core Inflation Rate YoY	2.80	2.90	percent	Dec 2025
CPI Housing Utilities	189.70	189.60	points	Dec 2025
CPI Transportation	172.60	171.60	points	Dec 2025
Export Prices	140.30	138.70	points	Nov 2025
Food Inflation	6.20	4.20	percent	Dec 2025
GDP Implicit Price	130.10	129.10	points	Sep 2025
Import Prices	137.60	137.20	points	Nov 2025
Inflation Rate YoY	2.40	2.20	percent	Dec 2025
Inflation Rate MoM	-0.20	0.10	percent	Dec 2025
Producer Prices	134.60	135.40	points	Dec 2025
PPI YoY	4.90	5.90	percent	Dec 2025
Raw Materials Prices MoM	150.50	149.80	points	Dec 2025

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.