List of Canadian provinces and territories by gross domestic product

This article lists Canadian provinces and territories by gross domestic product (GDP).

While Canada's ten provinces and three territories exhibit high per capita GDPs, there is wide variation among them. Ontario, the country's most populous province, is a manufacturing and trade locus with extensive linkages to the northeastern and midwestern United States. The economies of Alberta, Saskatchewan, Newfoundland and Labrador and the territories rely heavily on natural resources and produce the highest per capita GDP values in the country. On the other hand, Manitoba, Quebec and The Maritimes have the country's lowest per capita GDP values.

In the face of these long-term regional disparities, the Government of Canada redistributes some of its revenues through unconditional equalization payments and finances the delivery of comparable levels of government services through the Canada Health Transfer and the Canada Social Transfer.

GDP and per capita GDP, 2019

A table listing total GDP (expenditure-based), share of Canadian GDP, population, and per capita GDP in 2019. For illustrative purposes, market income (total income less government transfers)[1] per capita from tax returns is included. (The per capita, rather than per tax filer, measure is chosen for comparability with GDP per capita.)

Province
or
territory		 GDP
(million
CAD, 2019)		 Share of
national GDP
(%, 2019)		 Population
(July 1, 2019)		 GDP
per capita
(CAD, 2019)		 Market
income
per capita
(CAD, 2018)
Canada 2,310,71210037,593,38461,46634,079
Alberta352,88415.274,361,69480,90539,669
British Columbia309,05913.385,090,95560,70735,242
Manitoba73,8143.191,369,54053,89729,303
Newfoundland and Labrador35,3491.53523,47667,52730,209
New Brunswick38,2361.65776,86849,21827,717
Northwest Territories4,5420.2045,028100,87142,062
Nova Scotia46,5862.02969,74747,83729,627
Nunavut3,6890.1638,61495,53526,787
Ontario891,81138.5914,544,71861,31535,286
Prince Edward Island7,5230.33157,26248,03927,251
Quebec460,35719.928,501,70354,14931,027
Saskatchewan82,9173.591,172,30270,73031,923
Yukon3,1570.1441,47776,11441,053

Source: Statistics Canada: GDP (totals),[2] Population,[3] Total income and government transfers,[4] Population covered by income data[5]

International comparisons, 2019

In the table below, the figures from the previous table are converted to United States dollars using the ratio of the International Monetary Fund's estimate for Canada's GDP by purchasing power parity to Canada's nominal GDP.[6] The national economy with the closest figure for the relevant year according to the International Monetary Fund is then indicated.

(Note that because the same conversion rate is used for all of Canada, this method overstates the GDP PPP of provinces and territories with high price levels, and understates the GDP PPP of provinces and territories with low price levels.)

Province
or
territory		 GDP PPP
(million
Int$, 2019)		 Comparable economy
by GDP PPP		 GDP
per capita PPP
(Int$, 2019)		 Comparable economy
by GDP PPP
per capita
Canada1,926,695Spain51,251Finland
Ontario743,601South Africa51,125Finland
Quebec383,850Israel45,150South Korea
Alberta294,238Sri Lanka67,460Norway
British Columbia257,697Ethiopia50,618Finland
Saskatchewan69,137Yemen58,975Iceland
Manitoba61,547Latvia44,940South Korea
Nova Scotia38,844Trinidad and Tobago40,056Bahamas
New Brunswick31,882Tajikistan41,039Slovenia
Newfoundland and Labrador29,474Rwanda56,305Germany
Prince Edward Island6,273Lesotho39,887Bahamas
Northwest Territories3,787Aruba84,107Ireland
Nunavut3,076Saint Lucia79,658Switzerland
Yukon2,632Comoros63,465United Arab Emirates

Source: International Monetary Fund[7]

Real GDP at basic prices, 2014-2018

A table listing annual GDP at basic prices from 2014 through 2018 in chained 2012 dollars. Caution: GDP at basic prices differs from GDP in the treatment of taxes and subsidies.[8]

Province
or
territory		 GDP
(million
chained (2012)
CAD, 2014)		 GDP
(million
chained (2012)
CAD, 2015)		 GDP
(million
chained (2012)
CAD, 2016)		 GDP
(million
chained (2012)
CAD, 2017)		 GDP
(million
chained (2012)
CAD, 2018)
British Columbia219,060.9224,153.4231,509.9240,657.9246,506.3
Alberta338,262.6326,476.7313,241.5327,596.2335,095.6
Saskatchewan80,175.779,574.279,364.481,179.082,502.7
Manitoba58,276.359,082.560,066.261,941.262,723.1
Ontario659,861.2677,384.0693,900.4712,984.3728,363.7
Quebec338,319.0341,688.0346,713.7356,677.9365,614.4
New Brunswick29,039.629,275.729,686.330,271.830,295.3
Prince Edward Island5,205.65,280.75,372.25,553.35,700.0
Nova Scotia34,747.235,013.435,549.336,075.436,518.2
Newfoundland and Labrador31,143.330,806.031,334.531,610.630,757.9
Yukon2,510.92,320.22,482.52,554.52,626.1
Northwest Territories4,574.64,621.34,679.84,861.34,954.7
Nunavut2,363.62,353.02,434.32,685.32,955.0

Source: Statistics Canada[9]

Components of GDP, 2014

A table of Canadian provinces and territories by descending GDP (at current prices and expenditure-based); all figures are from Statistics Canada.[10]

Province
or
territory		 GDP
(million
CAD, 2014)		 = Final
consumption
expenditure		 + Gross
capital
formation		 + Investment
in
Inventories		 + Exports − Imports
Canada 1,973,0431,513,043469,739 8,4881,005,4461,024,061
British Columbia 237,188202,40556,081 1,74793,215116,444
Alberta 375,756198,643132,709 1,876206,923164,444
Saskatchewan 82,78050,04626,100 −2,31658,32849,340
Manitoba 64,07755,12915,663 −38535,99242,256
Ontario 721,970576,173135,610 5,234370,845365,804
Quebec 370,064315,39674,182 2,110171,350193,352
New Brunswick 32,05631,8985,391 125,79231,015
Prince Edward Island 6,0036,106989 562,7293,877
Nova Scotia 39,07742,9817,465 2515,37726,756
Newfoundland and Labrador 33,51423,78611,853 −6819,78721,855
Yukon 2,6032,783814 48021,791
Northwest Territories 4,7313,7051,485 833,3923,929
Nunavut 2,4872,4731,293 1229102,301

Figures may not add up precisely due to omission of the statistical discrepancy column and the "Outside Canada" row.

See also

Notes
  1. Canada, Government of Canada, Statistics. "Dictionary, Census of Population, 2016 - Market income". www12.statcan.gc.ca. Retrieved 2019-11-07.
  2. Canada, Government of Canada, Statistics. "Gross domestic product, expenditure-based, provincial and territorial, annual". www150.statcan.gc.ca. Retrieved 2020-12-26.
  3. Canada, Government of Canada, Statistics. "Population estimates, quarterly". www150.statcan.gc.ca. Retrieved 2020-12-26.
  4. Canada, Government of Canada, Statistics. "Tax filers and dependants with income by source of income". www150.statcan.gc.ca. Retrieved 2020-12-26.
  5. Canada, Government of Canada, Statistics. "Selected characteristics of tax filers and dependants, income and demographics (final T1 Family File)". www150.statcan.gc.ca. Retrieved 2020-12-26.
  6. "World Economic Outlook Database, October 2020". www.imf.org. Retrieved 2020-12-26.
  7. "World Economic Outlook Database, October 2020". www.imf.org. Retrieved 2020-12-26.
  8. "Glossary". www150.statcan.gc.ca. Retrieved 2019-11-07.
  9. "Gross domestic product (GDP) at basic prices, by industry, provinces and territories (x 1,000,000)". Government of Canada, Statistics. September 7, 2019. Retrieved September 7, 2019.
  10. "Table 384-0038 - Gross domestic product, expenditure-based, provincial and territorial, annual (dollars unless otherwise noted), CANSIM (database)". Statistics Canada. 2012-11-26.

References
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