🇨🇦Rank #11

Canada GDP (2026)

Updated · Source: IMF World Economic Outlook, April 2026

Nominal Gross Domestic Product (GDP) of Canada is $2.51 trillion as of 2026, according to the International Monetary Fund (IMF). The GDP growth rate in 2026 is 1.5%. GDP per capita is $60,305.

Canada GDP Trend

Nominal GDP of Canada has grown from $276.06 billion in 1980 to $2.51 trillion in 2026.

$0.0B$626.8B$1.25T$1.88T$2.51T19801986199219982004201020162022

Canada GDP Growth Rate (%)

This chart shows the year-over-year real GDP growth rate of Canada. Hover any bar to see the exact value for that year.

Average Growth
2.31%
Best Year
2021 (+6%)
Worst Year
2020 (-5%)
Years of Contraction
4 of 47
10.0%0.0%19801986199219982004201020162022

GDP per capita in Canada rose from $55,765 in 2025 to $60,305 in 2026, an increase of 8.1%.

"Canada GDP", "Canada gross domestic product", and "Canada economy size" all refer to the same nominal GDP figure.

Gross Domestic Product (GDP) of Canada

The table below shows nominal and PPP GDP, growth rate, and GDP per capita for Canada for every year IMF has published data, from 1980 to 2026. Click any column header to sort, or search by year.

Canada nominal GDP by year
Year GDP Nominal (Current USD) GDP Growth GDP per capita Pop. Change
2026$2,507,340,000,0001.5%$60,305-0.06%
2025$2,319,900,000,0001.7%$55,7651.18%
2024$2,270,076,000,0002%$55,2092.96%
2023$2,196,594,000,0002%$55,0022.73%
2022$2,200,567,000,0004.7%$56,6091.7%
2021$2,022,382,000,0006%$52,9080.6%
2020$1,655,685,000,000-5%$43,5731.18%
2019$1,743,725,000,0001.9%$46,4311.48%
2018$1,725,300,000,0002.7%$46,6181.41%
2017$1,649,266,000,0003%$45,1921.22%
2016$1,527,996,000,0001%$42,3831.06%
2015$1,556,508,000,0000.6%$43,6280.81%
2014$1,805,751,000,0002.9%$51,0251.02%
2013$1,846,595,000,0002.3%$52,7111.06%
2012$1,828,362,000,0001.8%$52,7451.06%
2011$1,793,327,000,0003.1%$52,2861%
2010$1,617,345,000,0003.1%$47,6261.12%
2009$1,376,509,000,000-2.9%$40,9891.15%
2008$1,552,864,000,0001%$46,7741.07%
2007$1,468,896,000,0002%$44,7170.98%
2006$1,319,356,000,0002.6%$40,5591.01%
2005$1,173,505,000,0003.2%$36,4410.95%
2004$1,026,473,000,0003.1%$32,1790.94%
2003$895,599,000,0001.8%$28,3400.94%
2002$760,149,000,0003%$24,2801.09%
2001$738,968,000,0001.9%$23,8601.06%
2000$744,631,000,0005.1%$24,2970.92%
1999$678,417,000,0005.1%$22,3410.81%
1998$634,004,000,0003.9%$21,0470.86%
1997$655,010,000,0004.3%$21,9311.01%
1996$630,598,000,0001.7%$21,3261.05%
1995$605,941,000,0002.7%$20,7071.05%
1994$579,913,000,0004.5%$20,0251.08%
1993$579,059,000,0002.7%$20,2111.15%
1992$594,376,000,0000.9%$20,9851.2%
1991$612,514,000,000-2.1%$21,8861.28%
1990$596,089,000,0000.2%$21,5721.53%
1989$567,225,000,0002.3%$20,8431.73%
1988$509,380,000,0004.4%$19,0411.34%
1987$433,140,000,0004.1%$16,4081.27%
1986$379,015,000,0002.1%$14,5400.98%
1985$366,184,000,0004.7%$14,1860.92%
1984$356,728,000,0005.9%$13,9470.95%
1983$341,863,000,0002.6%$13,4931.01%
1982$314,639,000,000-3.2%$12,5441.2%
1981$307,246,000,0003.5%$12,3971.28%
1980$276,064,000,0002.2%$11,281

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Canada GDP Projections (IMF)

IMF projects nominal GDP for Canada through 2031, based on current growth and inflation assumptions.

Canada nominal GDP by year
Year GDP Nominal (Current USD) GDP Growth GDP per capita Pop. Change
2031$3,139,433,000,0001.8%$73,5360.81%
2030$3,008,107,000,0001.7%$71,0280.81%
2029$2,882,317,000,0001.7%$68,6070.67%
2028$2,759,418,000,0001.7%$66,1230.31%
2027$2,640,393,000,0001.9%$63,4680.06%

Compare Canada to Nearby-Ranked Economies

Canada ranks #11 in the world by nominal GDP. See how it compares to the economies ranked just above and below it.

#10Brazil GDP#12Australia GDP

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Frequently Asked Questions

What is the GDP of Canada?

The nominal GDP of Canada in 2026 is $2.51 trillion, according to the IMF World Economic Outlook (April 2026). This ranks Canada 11th in the world by nominal GDP.

What is the GDP growth rate of Canada?

The GDP growth rate of Canada in 2026 is 1.5%, per IMF estimates.

What is the GDP per capita of Canada?

GDP per capita in Canada in 2026 is $60,305, per IMF data.

Is the GDP of Canada expected to grow?

IMF projects the nominal GDP of Canada to reach $3.14 trillion by 2031, up from $2.51 trillion in 2026.

Sources: IMF, World Economic Outlook (April 2026).

See also: GDP by Country (all countries) · Full World GDP Ranking Analysis · What is GDP?

Disclaimer: GDP figures are IMF World Economic Outlook (April 2026) estimates and projections, subject to revision in future WEO releases. This page is for informational purposes only and is not investment or economic advice.