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Home What is Canadas GDP currently?
14 Jul 2022 By PAYCEC
According to Statistics Canada , real GDP grew 0.8% in the first quarter of 2022, a third consecutive quarterly increase, mainly on the strength of increased business investment and household consumption. Growth slowed in the first quarter compared with the previous two quarters due to a drop in international exports volumes. Final domestic demand rose by 1.2%, following a 0.9% increase in the fourth quarter of 2021.
Estimates (Percent) |
Q1 2021 |
Q2 2021 |
Q3 2021 |
Q4 2021 |
Q1 2022 |
| Real gross domestic income, volume index 2012 = 100, percent change | 3.0 | 0.6 | 0.8 | 2.0 | 2.1 |
| Real gross domestic product, contribution to real gross domestic income percent change | 1.093 | -0.792 | 1.308 | 1.603 | 0.755 |
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