Canada GDP  Forecast 2016-2020

GDP in Canada is expected to be 1600.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada GDP is projected to trend around 2160.00 USD Billion in 2020, according to our econometric models.

Canada GDP
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Forecast Actual Q2/17 Q3/17 Q4/17 Q1/18 2020 Unit
GDP 1553 1600 1600 1600 1800 2160 USD Billion
Canada GDP Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of Canada GDP using vast amounts of historical data and we adjust the coefficients of the econometric model by taking into account our analysts assessments and future expectations. The forecast for - Canada GDP - was last predicted on Monday, June 26, 2017.
Canada GDP Last Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Growth Rate 0.9 0.5 0.3 0.7 0.6 0.6
GDP Annual Growth Rate 2.3 2 2.2 2.3 1.9 1.4
GDP Growth Annualized 3.7 2.4 2.1 2.1 1.9 2.3
GDP 1553 1600 1600 1600 1800 2160
GDP Constant Prices 1829325 1822000 1828000 1841000 1845000 1900000
Gross National Product 2077044 2096788 2108414 2117903 2129209 2284071
Gross Fixed Capital Formation 387311 389000 39100 396224 396217 425000
GDP per capita 50108 51300 51300 51300 51700 53000
GDP per capita PPP 42983 43250 43250 43250 44150 45280
GDP From Agriculture 27995 27787 27771 27776 27778 30500
GDP From Construction 119831 120879 121513 121891 122118 120000
GDP From Manufacturing 179731 180653 181178 181457 181599 180000
GDP From Mining 142648 142778 142739 142735 142736 136000
GDP From Public Administration 108234 108559 108832 109092 109337 111000
GDP From Services 1212091 1218641 1225033 1231409 1237781 1330000
GDP From Transport 76883 77200 77578 77948 78319 82200
GDP From Utilities 37391 37263 37269 37271 37272 39200