Quarterly Economic Indicators

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Pocket Facts: Canada - Economic Indicators at a Glance
 20102011201220132014Jan-Dec./15Comment
* Seasonally adjusted at annual rate
** Not seasonally adjusted
Gross Domestic Product (Current $) ($B)1,662.11,769.91,822.81,892.21,973.01,985.7*
Real GDP Growth3.1%3.1%1.7%2.2%2.5%1.2%*
GDP Per Capita48,87951,53752,45353,82455,51055,385 
Exports of Goods & Services as % of GDP29.1%30.6%30.2%30.3%31.7%31.4% 
Imports of Goods & Services as % of GDP31.0%31.8%32.2%31.9%32.6%33.8% 
Terms of Trade (2007 = 100.0) Index97.299.698.398.397.591.7 
Federal Government Balance (National Accounts) ($B)-45.3-25.9-19.1-12.2-2.0-7.8 
CPI - Rate of Inflation - year-over-year1.8%2.9%1.5%0.9%2.0%1.1%**
Unemployment Rate8.1%7.5%7.3%7.1%6.9%6.9% 
Employment Growth - year-over-year1.4%1.5%1.3%1.5%0.6%0.8% 
Population (Millions)34.00534.34334.75135.15535.54435.852 
Pocket Facts: Canada - Economic Indicators
 20102011201220132014Jan-Dec./15Comment
* Seasonally adjusted at annual rate
** Not seasonally adjusted
Investment, Net Flows ($B)
Foreign direct investment in Canada, net flows29.339.343.173.964.762.2 
Canadian direct investment abroad, net flows-35.8-51.6-55.8-56.5-61.6-85.9 
Investment (Stocks) Position at the End of Period ($B)
Cumulative Foreign Direct Investment in Canada592.4603.5633.8691.9732.3n.a.**
Cumulative Canadian Direct Investment Abroad637.3675.0704.3761.6828.8n.a.**
Balance of Payments, Current Account ($B)
Exports of Goods & Services483.2541.0550.7573.1624.6622.8 
Goods404.0456.6461.5480.3528.8523.6 
Services79.284.489.292.895.799.2 
Imports of Goods & Services515.1562.2586.6602.8643.3670.2 
Goods413.7456.0478.4486.8524.1547.3 
Services101.4106.2111.8116.0119.2123.0 
Trade Balance on Goods & Services-31.9-21.2-35.9-29.7-18.6-47.4 
Goods-9.70.6-13.3-6.64.8-23.6 
Services-22.2-21.8-22.6-23.2-23.4-23.8 
Balance on Current Account-60.0-49.1-65.7-59.7-44.9-65.7 
Travel ($B)
Total Receipts from Travel16.316.617.418.219.320.5 
Total Payments for Travel30.933.035.036.237.437.5 
Selected Components of GDP ($B)
Wages, Salaries & Supplementary Labour Income837.7883.0923.4962.1998.61,024.2*
Corporate Profits Before Taxes449.2497.6496.0511.5543.1513.4*
Federal Government Expenditures275.1271.6271.5275.1276.3287.1*
Provincial Government Expenditures386.3394.9405.0417.4425.4434.0*
Business Investment Fixed Capital308.0338.2368.7376.9390.0383.0*
Contribution to Real GDP by Selected Sectors
Agriculture, forestry, fishing and hunting1.5%1.5%1.5%1.7%1.5%1.6% 
Mining and oil and gas extraction8.0%8.3%8.0%8.1%8.5%8.1% 
Construction and utilities9.6%9.7%10.0%10.0%9.9%9.5% 
Manufacturing10.8%10.9%10.8%10.6%10.6%10.5% 
Wholesale & retail trade, transportation and storage14.9%15.1%15.0%15.0%15.3%15.5% 
Finance, insurance and real estate services18.9%18.9%19.0%19.2%19.4%19.9% 
Information, culture, arts, entertainment and recreation4.1%4.0%4.0%3.9%3.8%3.8% 
Professional, administrative and hospitality services10.7%10.7%10.8%10.8%10.8%10.7% 
Education, health, social and government services21.4%21.1%20.9%20.6%20.3%20.4% 
Research and Development
Gross Expenditures on R&D (GERD) ($B)30.631.832.732.031.831.6 
(GERD) as % of GDP1.84%1.80%1.79%1.69%1.61%1.59% 
Annual Average Interest Rates - Banks Prime rates
Canada2.60%3.00%3.00%3.00%3.00%2.78% 
United States3.25%3.25%3.25%3.25%3.25%3.27% 
Annual Average Exchange Rates: 1 Cdn $ in
U.S. Dollar0.9711.0111.0000.9710.9050.782 
Pound Sterling0.6280.6300.6310.6210.5500.512 
Chinese renminbi6.5756.5326.3135.9705.5774.916 
Mexican peso12.25912.53813.15412.38712.04212.402 
Japanese Yen85.03480.51579.74594.60795.60294.697 
Euro0.7320.7260.7780.7310.6820.705 
Pocket Facts: Canadian Foreign Trade (Customs Basis)
 20102011201220132014Jan-Dec./15Comment
* Seasonally adjusted at annual rate
** Not seasonally adjusted
Total Merchandise Exports ($B)398.9446.7455.2471.9525.0522.2**
Total Merchandise Imports ($B)403.7446.7462.1475.7512.1535.8**
Merchandise Exports ($B)
Farm, fishing and intermediate food products20.524.327.528.131.332.5**
Energy products86.7105.1108.1115.5134.792.6**
Metal ores and non-metallic minerals15.920.419.018.419.119.6**
Metal and non-metallic mineral products50.058.652.852.956.856.9**
Basic and industrial chemical, plastic and rubber products29.834.932.434.234.734.3**
Forestry products and building and packaging materials29.830.730.834.037.240.1**
Industrial machinery, equipment and parts20.323.124.424.326.529.1**
Electronic and electrical equipment and parts20.120.620.319.921.223.7**
Motor vehicles and parts55.057.065.865.571.483.1**
Aircraft and other transportation equipment and parts14.514.115.415.619.321.6**
Consumer goods45.346.546.450.256.767.4**
Five Major Export Markets based on 2014 Exports (Share of Total Exports)
United States74.9%73.6%74.5%75.9%76.8%76.7%**
China, P. Rep.3.3%3.8%4.3%4.3%3.7%3.9%**
United Kingdom4.1%4.2%4.1%3.0%2.9%3.1%**
Japan2.3%2.4%2.3%2.3%2.0%1.9%**
Mexico1.3%1.2%1.2%1.1%1.0%1.3%**
Merchandise Imports ($B)
Farm, fishing and intermediate food products11.112.112.313.215.116.4**
Energy products37.647.544.744.244.231.3**
Metal ores and non-metallic minerals9.110.710.211.611.010.5**
Metal and non-metallic mineral products36.042.841.838.242.843.2**
Basic and industrial chemical, plastic and rubber products30.836.038.141.145.044.8**
Forestry products and building and packaging materials17.518.620.521.122.924.6**
Industrial machinery, equipment and parts36.142.545.345.551.053.8**
Electronic and electrical equipment and parts51.255.355.756.758.963.4**
Motor vehicles and parts71.774.282.985.190.6100.5**
Aircraft and other transportation equipment and parts12.213.012.815.017.121.5**
Consumer goods85.488.691.996.6105.4116.8**
Five Major Suppliers based on 2014 Imports (Share of Total Imports)
United States50.4%49.6%50.6%52.1%54.3%53.3%**
China, P. Rep.11.0%10.8%11.0%11.1%11.5%12.2%**
Mexico5.5%5.5%5.5%5.6%5.6%5.8%**
Germany2.8%2.9%3.1%3.2%3.1%3.2%**
Japan3.3%2.9%3.3%2.9%2.6%2.8%**

Notes: ($B) = Billions of Canadian Dollars
Source: Statistics Canada-CANSIM
Revised: 10 Mar. 2016

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