The Canadian GDP declined by 0.2% in the fourth quarter of 2025, following a rise of 0.6% in the previous period. The contraction was driven by a withdrawal of business inventories, as imports edged up (+0.3%) and exports rose (+1.5%). Increased capital investment was driven by government investment in weapons systems, supported by a substantial 45.9% annual rise in expenditures on these systems. Governments likewise increased investment in engineering structures, with notable contributions to GDP growth for the third consecutive year. Meanwhile, business capital investment edged down 0.1%. By contrast, both household consumption (+0.4%) and government capital investment increased, while inventory accumulation turned into withdrawals. On an annual basis, the Canadian GDP grew by 1.7% in 2025, slowing from the previous year’s pace and marking the weakest growth since 2020. source: Statistics Canada

The Gross Domestic Product (GDP) in Canada contracted 0.20 percent in the fourth quarter of 2025 over the previous quarter. GDP Growth Rate in Canada averaged 0.76 percent from 1961 until 2025, reaching an all time high of 9.10 percent in the third quarter of 2020 and a record low of -11.00 percent in the second quarter of 2020. This page provides - Canada GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on March of 2026.

The Gross Domestic Product (GDP) in Canada contracted 0.20 percent in the fourth quarter of 2025 over the previous quarter. GDP Growth Rate in Canada is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada GDP Growth Rate is projected to trend around 0.30 percent in 2027 and 0.80 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-11-28 01:30 PM
QoQ
Q3 0.6% -0.5% 0.3%
2026-02-27 01:30 PM
QoQ
Q4 -0.2% 0.6% -0.1%
2026-05-29 12:30 PM
QoQ
Q1 -0.2% 0.2%


Related Last Previous Unit Reference
GDP Annual Growth Rate 0.70 1.60 percent Dec 2025
GDP Constant Prices 2502165.00 2505960.00 CAD Million Dec 2025
GDP from Agriculture 47235.00 47611.00 CAD Million Dec 2025
GDP from Construction 171328.00 170836.00 CAD Million Dec 2025
GDP from Manufacturing 198010.00 195664.00 CAD Million Dec 2025
GDP from Mining 119621.00 120762.00 CAD Million Dec 2025
GDP from Public Administration 168378.00 167877.00 CAD Million Dec 2025
GDP from Services 1755045.00 1750689.00 CAD Million Dec 2025
GDP from Transport 104665.00 103907.00 CAD Million Dec 2025
GDP from Utilities 47715.00 46465.00 CAD Million Dec 2025
GDP Growth Rate Annualized -0.60 2.40 percent Dec 2025
GDP Growth Rate -0.20 0.60 percent Dec 2025
Gross Fixed Capital Formation 535612.00 531249.00 CAD Million Dec 2025
Gross National Product 3237496.00 3226288.00 CAD Million Dec 2025


Canada GDP Growth Rate
Canada's economy is diversified and highly developed. Foreign trade is responsible for about 45 percent of the nation's GDP and the United States is by far the largest trade partner. On the expenditure side, household consumption is the main component of GDP and accounts for 58 percent of its total use, followed by gross fixed capital formation (22 percent) and government expenditure (19 percent). Exports of goods and services account for 32 percent of GDP while imports account for 33 percent, subtracting 1 percent of total GDP. Non-profit institutions serving households' final consumption expenditure and investment in inventories account for the remaining 2 percent.
Actual Previous Highest Lowest Dates Unit Frequency
-0.20 0.60 9.10 -11.00 1961 - 2025 percent Quarterly

News Stream
Canada GDP Contracts by 0.2% in Q4
The Canadian GDP declined by 0.2% in the fourth quarter of 2025, following a rise of 0.6% in the previous period. The contraction was driven by a withdrawal of business inventories, as imports edged up (+0.3%) and exports rose (+1.5%). Increased capital investment was driven by government investment in weapons systems, supported by a substantial 45.9% annual rise in expenditures on these systems. Governments likewise increased investment in engineering structures, with notable contributions to GDP growth for the third consecutive year. Meanwhile, business capital investment edged down 0.1%. By contrast, both household consumption (+0.4%) and government capital investment increased, while inventory accumulation turned into withdrawals. On an annual basis, the Canadian GDP grew by 1.7% in 2025, slowing from the previous year’s pace and marking the weakest growth since 2020.
2026-02-27
Canadian Economy Rebounds in Q3
The Canadian GDP rose by 0.6% on quarter in the third quarter of 2025, following a revised 0.5% contraction in the previous period. The expansion was driven by a strengthening trade balance, as imports dropped (-2.2%) and exports edged up (+0.2%). Increased capital investment was driven by government capital spending (+2.9%), supported by a substantial 82.0% rise in expenditures on weapon systems. Governments likewise increased investment in non-residential structures, with notable growth in institutional buildings, including hospitals. Meanwhile, business capital investment was largely unchanged. By contrast, both household consumption (-0.1%) and government spending (-0.4%) decreased, while inventory accumulation also slowed. On an annualized basis, the Canadian GDP grew by 2.6%, rebounding sharply from a revised 1.8% decline in Q2 and well above expectations of a 0.5% rise.
2025-11-28
Canada GDP Contracts in Q2
The Canadian GDP declined by 0.4% from the previous quarter in the second quarter of 2025, reversing the 0.5% gain from the earlier period. The quarter’s outcome reflected a sharp fall in exports and weaker business investment in machinery and equipment, partially offset by faster inventory accumulation and stronger household spending. Exports of goods and services declined 7.5%, while imports fell 1.3%. In the meantime, business non-farm inventories accumulated at a much faster pace, adding $30.1 billion to GDP. Still, household spending strengthened (1.1% vs 0.1% in Q1), even as corporate incomes and investment softened and federal revenues fell; government expenditures rose 1.8% in the quarter. On an annualized basis, the Canadian GDP contracted by 1.6%, well below expectations of a 0.6% contraction.
2025-08-29