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 Wednesday, April 26, 2017.
Canada GDP Last Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Growth Rate 0.6 0.5 0.3 0.7 0.6 0.6
GDP Annual Growth Rate 1.9 1.7 2 2.1 1.9 1.4
GDP Growth Annualized 2.6 1.8 2.1 2.1 1.9 2.3
GDP 1553 1600 1600 1600 1800 2160
GDP Constant Prices 1811213 1822000 1828000 1841000 1845000 1900000
Gross National Product 2038616 2075199 2085945 2096946 2109437 2258551
Gross Fixed Capital Formation 378167 389000 39100 396224 372999 425000
GDP per capita 50108 51300 51300 51300 51700 53000
GDP per capita PPP 42891 43250 43250 43250 44150 45280
GDP From Agriculture 28391 28403 28402 28402 28402 30500
GDP From Construction 118668 120161 120754 121310 121856 120000
GDP From Manufacturing 179996 183038 183835 184217 184405 180000
GDP From Mining 142078 141919 141956 141944 141944 136000
GDP From Public Administration 108181 108558 108813 109053 109278 111000
GDP From Services 1203926 1214271 1220444 1226611 1232776 1330000
GDP From Transport 76533 77064 77433 77798 78164 82200
GDP From Utilities 37201 37141 37144 37145 37145 39200