GDP Deflator in Canada increased to 119.60 points in the third quarter of 2021 from 118.90 points in the second quarter of 2021. source: Statistics Canada

GDP Deflator in Canada averaged 60 points from 1961 until 2021, reaching an all time high of 119.60 points in the third quarter of 2021 and a record low of 11.80 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 December of 2021.

GDP Deflator in Canada is expected to be 117.91 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 120.50 points in 2022 and 123.51 points in 2023, according to our econometric models.

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Canada GDP Deflator


Calendar GMT Actual Previous Consensus TEForecast
2021-08-31 12:30 PM Q2 2.2% 3%
2021-11-30 01:30 PM Q3 0.8% 2.3% 3%
2022-03-02 01:30 PM Q4 0.8% 117.9%


Related Last Previous Unit Reference
Inflation Rate 4.70 4.40 percent Oct/21
Inflation Rate Mom 0.70 0.20 percent Oct/21
Consumer Price Index CPI 143.90 142.90 points Oct/21
Core Inflation Rate 3.80 3.70 percent Oct/21
Core Consumer Prices 141.50 140.70 points Oct/21
GDP Deflator 119.60 118.90 points Sep/21
Producer Prices 117.70 116.20 points Oct/21
Producer Prices Change 16.70 15.30 percent Oct/21
Export Prices 129.70 127.40 points Sep/21
Import Prices 132.20 130.00 points Sep/21
Food Inflation 3.80 3.90 percent Oct/21
Wholesale Prices 133.30 127.20 points Oct/21
CPI Transportation 155.40 153.20 points Oct/21
CPI Housing Utilities 155.40 154.40 points Oct/21
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.