Quarterly Economic Indicators

Pocket Facts: Canada - Economic Indicators at a Glance
 20112012201320142015Jan-Mar./16Comment
* Seasonally adjusted at annual rate
** Not seasonally adjusted
Gross Domestic Product (Current $) ($B)1,769.91,822.81,892.21,973.01,983.31,998.4*
Real GDP Growth3.1%1.7%2.2%2.5%1.1%2.4%*
GDP Per Capita51,53752,45353,82455,51055,31955,438 
Exports of Goods & Services as % of GDP30.6%30.2%30.3%31.7%31.5%31.2% 
Imports of Goods & Services as % of GDP31.8%32.2%31.9%32.6%33.8%33.6% 
Terms of Trade (2007 = 100.0) Index99.698.398.397.591.688.0 
Federal Government Balance (National Accounts) ($B)-25.9-19.1-12.2-2.0-5.4-7.3 
CPI - Rate of Inflation - year-over-year2.9%1.5%0.9%2.0%1.1%1.5%**
Unemployment Rate7.5%7.3%7.1%6.9%6.9%7.2% 
Employment Growth - year-over-year1.5%1.3%1.5%0.6%0.8%0.7% 
Population (Millions)34.34334.75135.15535.54435.85236.049 
Pocket Facts: Canada - Economic Indicators
 20112012201320142015Jan-Mar./16Comment
* Seasonally adjusted at annual rate
** Not seasonally adjusted
Investment, Net Flows ($B)
Foreign direct investment in Canada, net flows39.343.173.964.762.26.9 
Canadian direct investment abroad, net flows-51.6-55.8-56.5-61.6-85.9-13.7 
Investment (Stocks) Position at the End of Period ($B)
Cumulative Foreign Direct Investment in Canada603.5633.8688.9719.6768.51,047.7**
Cumulative Canadian Direct Investment Abroad675.0704.3778.4825.31,005.2915.6**
Balance of Payments, Current Account ($B)
Exports of Goods & Services541.0550.7573.1624.6625.4155.9 
Goods456.6461.5480.3528.8525.3130.4 
Services84.489.292.895.7100.125.5 
Imports of Goods & Services562.2586.6602.8643.2671.2167.9 
Goods456.0478.4486.8524.1547.8136.7 
Services106.2111.8116.0119.2123.531.2 
Trade Balance on Goods & Services-21.2-35.9-29.7-18.6-45.8-12.0 
Goods0.6-13.3-6.64.8-22.5-6.3 
Services-21.8-22.6-23.2-23.4-23.4-5.7 
Balance on Current Account-49.1-65.7-59.7-44.9-62.6-16.8 
Travel ($B)
Total Receipts from Travel16.617.418.219.320.85.4 
Total Payments for Travel33.035.036.237.437.69.2 
Selected Components of GDP ($B)
Wages, Salaries & Supplementary Labour Income883.0923.4962.1998.61,024.31,036.5*
Corporate Profits Before Taxes497.6496.0511.5543.1510.2501.9*
Federal Government Expenditures271.6271.5275.1276.3286.4291.2*
Provincial Government Expenditures394.9405.0417.4425.4435.2446.0*
Business Investment Fixed Capital338.2368.7376.9390.0379.6377.4*
Contribution to Real GDP by Selected Sectors
Agriculture, forestry, fishing and hunting1.5%1.5%1.7%1.5%1.6%1.6% 
Mining and oil and gas extraction8.3%8.0%8.1%8.5%8.1%8.1% 
Construction and utilities9.7%10.0%10.0%9.9%9.5%9.2% 
Manufacturing10.9%10.8%10.6%10.6%10.6%10.6% 
Wholesale & retail trade, transportation and storage15.1%15.0%15.0%15.3%15.5%15.7% 
Finance, insurance and real estate services18.9%19.0%19.2%19.4%19.9%20.1% 
Information, culture, arts, entertainment and recreation4.0%4.0%3.9%3.8%3.8%3.8% 
Professional, administrative and hospitality services10.7%10.8%10.8%10.8%10.8%10.7% 
Education, health, social and government services21.1%20.9%20.6%20.3%20.4%20.4% 
Research and Development
Gross Expenditures on R&D (GERD) ($B)31.832.732.031.831.6n.a. 
(GERD) as % of GDP1.80%1.79%1.69%1.61%1.59%n.a. 
Annual Average Interest Rates - Banks Prime rates
Canada3.00%3.00%3.00%3.00%2.78%2.70% 
United States3.25%3.25%3.25%3.25%3.27%3.50% 
Annual Average Exchange Rates: 1 Cdn $ in
U.S. Dollar1.0111.0000.9710.9050.7820.727 
Pound Sterling0.6300.6310.6210.5500.5120.508 
Chinese renminbi6.5326.3135.9705.5774.9164.760 
Mexican peso12.53813.15412.38712.04212.40213.126 
Japanese Yen80.51579.74594.60795.60294.69783.825 
Euro0.7260.7780.7310.6820.7050.660 
Pocket Facts: Canadian Foreign Trade (Customs Basis)
 20112012201320142015Jan-Mar./16Comment
* Seasonally adjusted at annual rate
** Not seasonally adjusted
Total Merchandise Exports ($B)446.7455.2471.9525.0524.1130.1**
Total Merchandise Imports ($B)446.7462.1475.7512.1535.7128.6**
Merchandise Exports ($B)
Farm, fishing and intermediate food products24.327.528.131.332.57.8**
Energy products105.1108.1115.5134.792.617.8**
Metal ores and non-metallic minerals20.419.018.419.119.63.9**
Metal and non-metallic mineral products58.652.852.956.857.014.2**
Basic and industrial chemical, plastic and rubber products34.932.434.234.734.38.4**
Forestry products and building and packaging materials30.730.834.037.240.110.3**
Industrial machinery, equipment and parts23.124.424.326.529.17.0**
Electronic and electrical equipment and parts20.620.319.921.223.85.9**
Motor vehicles and parts57.065.865.571.483.323.9**
Aircraft and other transportation equipment and parts14.115.415.619.321.64.8**
Consumer goods46.546.450.256.767.817.8**
Five Major Export Markets based on 2015 Exports (Share of Total Exports)
United States73.6%74.5%75.8%76.8%76.7%77.3%**
China, P. Rep.3.8%4.3%4.3%3.7%3.9%3.9%**
United Kingdom4.2%4.1%3.0%2.9%3.0%3.5%**
Japan2.4%2.3%2.3%2.0%1.9%2.0%**
Mexico1.2%1.2%1.2%1.1%1.3%1.3%**
Merchandise Imports ($B)
Farm, fishing and intermediate food products12.112.313.215.116.54.7**
Energy products47.544.744.244.231.34.9**
Metal ores and non-metallic minerals10.710.211.611.010.52.6**
Metal and non-metallic mineral products42.841.838.242.843.210.1**
Basic and industrial chemical, plastic and rubber products36.038.141.145.044.811.3**
Forestry products and building and packaging materials18.620.521.122.924.66.0**
Industrial machinery, equipment and parts42.545.345.551.053.813.0**
Electronic and electrical equipment and parts55.355.756.758.963.415.3**
Motor vehicles and parts74.282.985.190.6100.525.9**
Aircraft and other transportation equipment and parts13.012.815.017.121.44.8**
Consumer goods88.691.996.6105.4116.829.2**
Five Major Suppliers based on 2015 Imports (Share of Total Imports)
United States49.6%50.6%52.1%54.3%53.2%77.2%**
China, P. Rep.10.8%11.0%11.1%11.5%12.3%3.9%**
Mexico5.5%5.5%5.6%5.6%5.8%3.5%**
Germany2.9%3.1%3.2%3.1%3.2%2.0%**
Japan2.9%3.3%2.9%2.6%2.8%1.3%**

Notes: ($B) = Billions of Canadian Dollars
Source: Statistics Canada-CANSIM
Revised: 13 June 2016

Global Affairs Canada
Office of the Chief Economist (BEA)
Enquiries: tradestats.bea@international.gc.ca