The Canadian economy expanded an annualized 3.1% on quarter in the first three months of 2022, the weakest performance in three quarters and well below forecasts of 5.4%. Strong household spending and investment was partially offset by a drop in exports volumes, namely energy products. source: Statistics Canada
GDP Growth Annualized in Canada averaged 3.04 percent from 1961 until 2022, reaching an all time high of 35.90 percent in the third quarter of 2020 and a record low of -44.20 percent in the second quarter of 2020. This page provides - Canada Gdp Growth Annualized - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada GDP Growth Annualized - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.
GDP Growth Annualized in Canada is expected to be 4.50 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 Annualized is projected to trend around 3.00 percent in 2023 and 2.00 percent in 2024, according to our econometric models.