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List of Canadian provinces and territories by gross domestic product

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Title: List of Canadian provinces and territories by gross domestic product  
Author: World Heritage Encyclopedia
Language: English
Subject: Economy of Canada, Nova Scotia, Quebec, Prince Edward Island, Alberta
Collection: Economy of Canada, Gross State Product, Lists by Economic Indicators, Lists of Provinces and Territories of Canada
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List of Canadian provinces and territories by gross domestic product

This article lists Canadian provinces and territories by gross domestic product (GDP). As of 2013, Canada has a total GDP of USD$1.83 trillion,[1] ranking 11th worldwide.[2]

While Canada’s ten provinces and three territories exhibit high 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; if compared to countries, Ontario's GDP would rank 20th largest (as of 2011) in the world. Conversely, territorial GDPs are comparable to those of smaller island nations and, in turn, smaller than many Canadian cities. The economies of the Provinces of Alberta, Saskatchewan, and Newfoundland rely heavily on natural resources and these produce the highest per-capita GDP values in the country.

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.

Contents

  • Gross domestic product 1
  • Per capita GDP 2
  • Components of GDP 3
  • See also 4
  • Notes 5
  • References 6

Gross domestic product

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

Map of Canadian provinces and territories by consolidated GDP (PPP) in 2006, in million C$.
  < 2,000
  2,000 - 20,000
  20,000 - 30,000
  30,000 - 50,000
  50,000 - 150,000
  150,000 - 250,000
  250,000 - 500,000
  >500,000
Province
or
Territory
GDP
(million
CAD $, 2013)
Share of
national GDP
(%, 2013)
GDP
(million
CAD $, 2005)
Share of
national GDP
(%, 2005)
Canada 1,893,759 100 1,373,845 100
 British Columbia 229,685 12.12 169,664 12.35
 Alberta 338,166 17.85 219,810 16.00
 Saskatchewan 83,222 4.39 43,996 3.20
 Manitoba 61,323 3.23 41,681 3.03
 Ontario 695,705 36.73 537,383 39.12
 Quebec 362,846 19.16 272,049 19.80
 New Brunswick 31,900 1.68 24,716 1.80
 Prince Edward Island 5,788 0.30 4,096 0.30
 Nova Scotia 39,145 2.06 31,199 2.27
 Newfoundland and Labrador 35,832 1.89 21,960 1.60
 Yukon 2,539 0.13 1,497 0.14
 Northwest Territories 4,412 0.23 4,267 0.31
 Nunavut 2,445 0.13 1,137 0.10

Per capita GDP

A consolidated table listing total GDP (expenditure-based), population, and per capita GDP; subnational entities are in decreasing order by per-capita GDP. For illustrative purposes, average personal income from tax returns are included. These show that while there is a corollation between GDP and personal income, there is a substantial gap which represents both the two year lag between sources and amounts directed to capital investment. This gap is particularly large in regions with significant resource-extraction sectors. The gap also reflects net exports as it is positive in the major resource extracting gold.

Province
or
Territory
GDP
(million
CAD$, 2013)
Population
(2013)
GDP per
capita
(CAD$, 2013)
Average Total
Income
(CAD$, 2010)
Canada 1,893,759 35,154,300 53,870 41,129
 British Columbia 229,685 4,582,600 50,121 40,196
 Alberta 338,166 4,007,200 84,390 53,408
 Saskatchewan 83,222 1,106,200 75,232 40,933
 Manitoba 61,323 1,265,400 48,461 36,795
 Ontario 695,705 13,550,900 51,340 42,643
 Quebec 362,846 8,154,000 44,499 36,491
 New Brunswick 31,900 755,600 42,218 34,164
 Prince Edward Island 5,788 145,500 39,780 33,632
 Nova Scotia 39,145 942,900 41,516 36,108
 Newfoundland and Labrador 35,832 528,200 67,838 35,345
 Yukon 2,539 36,400 69,753 47,832
 Northwest Territories 4,412 43,800 100,731 53,632
 Nunavut 2,445 35,400 69,068 44,755

Source: Statistics Canada: GDP (totals),[3] Population;[4] Canada Revenue Agency: Taxation Statistics 2009 taxation year[5]

Components of GDP

A table of Canadian provinces and territories by descending GDP (at current prices and expenditure-based); all figures are from Statistics Canada. [6]

Province
or
Territory
GDP
(million
CAD $, 2011)
= Final
Consumption
Expenditure
+ Gross
Capital
Formation
+ Investment
in
Inventories
+ Exports - Imports
Canada 1,762,432 1,368,864 414,369 1,323 904,586 926,696
 British Columbia 217,749 182,335 53,452 410 85,214 102,854
 Alberta 295,276 167,533 91,866 −4,812 168,244 127,533
 Saskatchewan 74,738 44,462 19,829 −583 52,440 41,395
 Manitoba 55,894 49,032 12,515 −200 32,535 38,022
 Ontario 654,561 528,471 133,695 1,582 334,808 344,026
 Quebec 345,842 293,023 75,899 5,640 159,603 188,346
 New Brunswick 32,180 29,409 6,363 −111 26,747 30,208
 Prince Edward Island 5,353 5,593 1,205 173 2,360 3,986
 Nova Scotia 37,015 38,439 8,579 −6 15,836 25,820
 Newfoundland and Labrador 33,624 21,256 7,580 −27 21,413 16,554
 Yukon 2,660 2,382 1,069 28 1,140 1,961
 Northwest Territories 4,791 3,484 1,202 −50 3,464 3,400
 Nunavut 1,964 2,107 1,035 0 773 1,948

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

See also

Notes

  1. ^ "Report for Selected Countries and Subjects".  
  2. ^ "G-20: The new global economy". CNN. 2010-11-22. 
  3. ^  
  4. ^  
  5. ^  
  6. ^ "Table 384-0038 - Gross domestic product, expenditure-based, provincial and territorial, annual (dollars unless otherwise noted), CANSIM (database).". Statistics Canada. 2012-11-26. 

References

  • )Statistics CanadaGross domestic product, expenditure-based, by province and territory 2006-2010 (
  • )Statistics CanadaPopulation by year, by province and territory 2007-2011 (
  • Department of Finance Canada: Equalization Program
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