List of Canadian provinces and territories by gross domestic product

 
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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. As of 2006, Canada has a total gross domestic product (GDP) of C$1.439 trillion or (at purchasing power parity (PPP)) roughly US$1.164 trillion, ranking 12th in the world. GDP per capita — essentially total GDP divided by population — for Canada is C$44,109 or US$35,778, ranking 7th worldwide.

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 25th largest in the world. Conversely, territorial GDPs are comparable to those of smaller island nations and, in turn, smaller than many larger Canadian cities and towns.

There is also variation among provincial and territorial GDPs per capita. Largely the result of its oil industry, Alberta’s very high GDP per capita is more than double that of Prince Edward Island, the province with the lowest GDP per capita. To equilibrate these disparities and enable comparable service delivery nationwide, the federal government pools and transfers moneys through equalization payments from the ‘have’ provinces (those with above average economies) — namely Ontario and Alberta — to ‘have-not’ ones (those having below average economies). In absolute terms, Quebec is a major long-standing recipient of equalization. In the last decade, British Columbia and Saskatchewan have both subsidized and received equalization. Newfoundland and Labrador, traditionally a ‘have-not’ province, has undergone a dramatic increase in its GDP in recent years due largely to a number of off-shore oil projects. The territories generally exhibit higher GDP per capita values, attributable to heightened federal transfers that accommodate for the high costs of living amidst the inclement Arctic climate of northern Canada.

Listings

Real GDP

Real gross domestic product, expenditure-based, by province and territory 2001 and 2006 Plus percent of TOTAL GDP 2006 for each jurisdiction, real growth in dollars, percent of total growth
(millions of chained (1997) C$ sorted by GDP 2006, descending)

Province or territory GDP
2001
% of
2001
GDP
GDP
2006
% of
2006
GDP
Real
Growth
% of
TOTAL
Growth
Flag of Ontario Ontario . 42.31 . 41.46 . 35.80
Flag of Quebec Quebec . 21.18 . 20.35 . 14.87
Flag of Alberta Alberta . 11.94 . 12.83 . 18.69
Flag of British Columbia British Columbia . 12.20 . 12.67 . 15.56
Flag of Manitoba Manitoba . 3.21 . 3.11 . 2.50
Flag of Saskatchewan Saskatchewan . 3.00 . 2.88 . 2.12
Flag of Nova Scotia Nova Scotia . 2.23 . 2.17 . 1.34
Flag of New Brunswick New Brunswick . 1.87 . 1.83 . 1.60
Flag of Newfoundland and Labrador Newfoundland and Labrador . 1.21 . 1.32 . 2.04
Flag of Northwest Territories Northwest Territories . 0.28 . 0.35 . 0.75
Flag of Prince Edward Island Prince Edward Island . 0.30 . 0.29 . 0.27
Flag of Yukon Yukon . 0.11 . 0.11 . 0.08
Flag of Nunavut Nunavut . 0.08 . 0.07 . 0.05
Flag_of_Canada.svg TOTAL . 100.00 . 100.00 . 100.00

Derived from: Statistics Canada - Real gross domestic product, 2002-2006[1]

Consolidated

A consolidated table listing total GDP (expenditure-based), population, and per capita GDP; subnational entities are ordered alphabetically.

Province or territory GDP
(million C$, 2006)
Population
(2006)
GDP per capita
(C$, 2006)
Flag of Alberta Alberta . . .
Flag of British Columbia British Columbia . . .
Flag of Manitoba Manitoba . . .
Flag of New Brunswick New Brunswick . . .
Flag of Newfoundland and Labrador Newfoundland and Labrador . . .
Flag of Northwest Territories Northwest Territories . . .
Flag of Nova Scotia Nova Scotia . . .
Flag of Nunavut Nunavut . . .
Flag of Ontario Ontario . . .
Flag of Prince Edward Island Prince Edward Island . . .
Flag of Quebec Quebec . . .
Flag of Saskatchewan Saskatchewan . . .
Flag of Yukon Yukon . . .
Flag_of_Canada.svg Canada . . .
Source: Statistics Canada: GDP (totals)[2], Population[3]

Ordered by GDP

Canadian provinces and territories are listed in descending order of GDP. For each, after currency conversion, comparable countries (per the International Monetary Fund in 2006) are listed.

Rank Province or territory,
with flag
GDP (2006) Comparable country
All Territory million C$ % of total
1 Flag of Ontario Ontario . 38.65 Poland
2 Flag of Quebec Quebec . 29.74 Sweden
3 Flag of Alberta Alberta . 16.37 Austria
4 Flag of British Columbia British Columbia . 12.49 Peru
5 Flag of Saskatchewan Saskatchewan . 3.13 Cameroon
6 Flag of Manitoba Manitoba . 3.11 Oman
7 Flag of Nova Scotia Nova Scotia . 2.22 Latvia
8 Flag of New Brunswick New Brunswick . 1.75 Bosnia and Herzegovina
9 Flag of Newfoundland and Labrador Newfoundland and Labrador . 1.73 Panama
10 Flag of Prince Edward Island Prince Edward Island . 0.30 Netherlands Antilles
11 1 Flag of Northwest Territories Northwest Territories . 0.28 Eritrea
12 2 Flag of Yukon Yukon . 0.11 Samoa
13 3 Flag of Nunavut Nunavut . 0.08 Guinea-Bissau
Flag_of_Canada.svg Canada . 100

Ordered by GDP per capita

Canadian provinces and territories are listed in descending order of GDP (PPP) per capita. For each, after currency conversion, comparable countries in 2006 are listed.

Rank Province or territory,
with flag
GDP (PPP)
per capita
(C$, 2005)
Comparable country[4]
All Province Territory
1 1 Flag of Northwest Territories Northwest Territories . Luxembourg
2 1 Flag of Alberta Alberta . Norway
3 2 Flag of Yukon Yukon . Norway
4 2 Flag of Newfoundland and Labrador Newfoundland and Labrador . Norway
5 3 Flag of Saskatchewan Saskatchewan . United States
6 4 Flag of Ontario Ontario . Republic of Ireland
7 5 Flag of British Columbia British Columbia . Iceland
8 3 Flag of Nunavut Nunavut . Iceland
9 6 Flag of Manitoba Manitoba . Denmark
10 7 Flag of Quebec Quebec . Hong Kong, SAR
11 8 Flag of Nova Scotia Nova Scotia . Belgium
12 9 Flag of New Brunswick New Brunswick . Japan
13 10 Flag of Prince Edward Island Prince Edward Island . Singapore
Flag_of_Canada.svg Canada .

Notes
  1. ^ Statistics Canada (April 2007). Real gross domestic product, 2002-2006. Retrieved on 2007-07-27.
  2. ^ Statistics Canada (April 2007). Gross domestic product, expenditure-based, by province and territory. Retrieved on 2007-07-27.
  3. ^ Statistics Canada (October 2006). Population by year, by province and territory. Retrieved on 2007-07-27.
  4. ^ The purchasing power parity for each province or territory has not been taken into account and may vary widely between provinces or territories. Therefore, the comparison between a province or territory to a listed country based on purchasing power may not be accurate.

References

See also


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