Canada
US Dollar (USD)
Economic Highlights
- High income levelAverage monthly wage of 5,054 USD places this country in the high-income range.
GDP Forecast
Forecast: LinearTrend-v1 · ±8,931.908 (95% band) · MAE 3,816.232 · RMSE 4,557.096
Canada Economic Overview
Canada's economy is characterized by its unique economic structure and regional importance. This page provides comprehensive economic indicators including GDP growth trends, inflation rates, unemployment statistics, and debt-to-GDP ratios.
Understanding Canada's economic performance is essential for investors, policymakers, and researchers analyzing global economic trends and making informed decisions.
- GDP Analysis: Track historical growth patterns and quarterly performance
- Inflation Monitoring: Consumer Price Index trends and purchasing power insights
- Labor Market: Unemployment rates and workforce participation data
- Fiscal Health: Government debt levels and budget balance information
- International Trade: Balance of payments and current account statistics
GDP Growth Trends (Last 5 Years)
Quick Facts
Central bank rate
2.5%
Gross Domestic Product per capita (annual)
USD 54,220.3
Average Wage:
USD 5,053.71
Minimum Wage:
USD 24,421.17
Credit rating
S&P AAA · Moody's Aaa
VAT rate
5%
Corporate tax rate
26.5%
Top income tax rate
33%
Big Mac index
$7.15 (2025)
S&P/TSX
35,789.09▲ 0.52%
Inflation (CPI)
3.0%
YoY, Aug 2026
Unemployment Rate
N/A
Debt-to-GDP
N/A
Canada Ranking vs. G7 Nations
| Metric | GDP Growth | Inflation | Central bank rate | Labor Market |
|---|---|---|---|---|
| Canada | -13.8% | 3.0% | 2.5% | |
| United States of America | 6.5% | 3.4% | 3.9% | |
| Germany | 5.7% | 2.9% | 2.6% | |
| France | -21.8% | 2.6% | 2.6% | |
| Italy | N/A | 3.2% | 2.6% | |
| Japan | N/A | 0.3% | 1.0% | |
| United Kingdom | 8.4% | 3.4% | 3.8% |
Related Economic Indicators for Canada
Explore these indicators to build a complete picture of Canada's economic performance: