List of Canadian provinces and territories by gross domestic product
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- > 1,000,000
- > 500,000
- > 300,000
- > 80,000
- > 40,000
- < 15,000
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This article lists Canadian provinces and territories by gross domestic product (GDP).
While Canada's ten provinces and three territories exhibit high per capita GDPs, there is wide variation among them. Ontario, the country's most populous province, is a major manufacturing and trade hub with extensive linkages to the northeastern and midwestern United States. The economies of Alberta, Saskatchewan, Newfoundland and Labrador and the territories rely heavily on natural resources. On the other hand, Manitoba, Quebec and The Maritimes have the country's lowest per capita GDP values, though this is due, in part, to lower price levels in those provinces.[1]
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. However, these payments are based on nominal fiscal capacity[2] and therefore do not account for differences in the cost of service delivery across the country. As of 2025, provinces receiving the largest equalization transfers per capita have relatively low price levels,[1] so equalization may push their true (accounting for cost differences) fiscal capacity above that of some provinces receiving little or no equalization.
GDP and per capita GDP, 2024
A table listing total GDP (expenditure-based), share of Canadian GDP, population, and per capita GDP in 2024. For illustrative purposes, market income (total income less government transfers)[3] per capita from tax returns is included. (The per capita, rather than per tax filer, measure is chosen for comparability with GDP per capita.)
| Province or territory |
GDP (million CAD, 2024) |
Share of national GDP (%, 2024) |
Population (July 1, 2024) |
GDP per capita (CAD, 2024) |
Market income per capita (CAD, 2023) |
|---|---|---|---|---|---|
.svg.png){kind=small} Canada |
3,108,551 | 100.00 | 41,262,329 | 75,336 | 41,491 |
 Alberta | 473,937 | 15.25 | 4,909,030 | 96,544 | 44,916 |
 British Columbia | 429,089 | 13.80 | 5,671,114 | 75,662 | 44,337 |
 Manitoba | 96,125 | 3.09 | 1,492,144 | 64,421 | 34,604 |
 Newfoundland and Labrador | 42,219 | 1.36 | 546,869 | 77,201 | 35,599 |
 New Brunswick | 48,302 | 1.55 | 858,293 | 56,277 | 33,631 |
 Northwest Territories | 5,123 | 0.16 | 45,257 | 113,198 | 49,323 |
 Nova Scotia | 65,338 | 2.10 | 1,082,769 | 60,343 | 36,096 |
 Nunavut | 5,668 | 0.18 | 41,410 | 136,875 | 30,063 |
 Ontario | 1,197,020 | 38.51 | 16,144,797 | 74,143 | 42,740 |
 Prince Edward Island | 10,889 | 0.35 | 179,709 | 60,592 | 34,093 |
 Quebec | 616,771 | 19.84 | 8,995,474 | 68,565 | 39,294 |
 Saskatchewan | 112,839 | 3.63 | 1,247,868 | 90,425 | 37,231 |
 Yukon | 4,349 | 0.14 | 47,595 | 91,375 | 50,477 |
Source: Statistics Canada: GDP (totals),[4] Population,[5] Total income and government transfers,[6] Population covered by income data[7]
International comparisons, 2024
In the table below, the figures from the previous table are converted to international dollars using the ratio of the International Monetary Fund's estimate for Canada's GDP by purchasing power parity (PPP) to Canada's nominal GDP. The per capita GDP PPP for the relevant year of other advanced economies with a population of at least 15 million according to the International Monetary Fund is provided as comparison.
(Note that because the same conversion rate is used for all of Canada, this method overstates the GDP PPP of provinces and territories with high price levels, and understates the GDP PPP of provinces and territories with low price levels.)
| # | Province or territory |
GDP PPP per capita (Int$ PPP, 2024) |
GDP PPP (million Int$ PPP, 2024) |
|---|---|---|---|
| 13 | Canada | 64,575 | 2,664,499 |
| 15 | Ontario | 63,552 | 1,026,027 |
| 19 | Quebec | 58,770 | 528,666 |
| 4 | Alberta | 82,753 | 406,236 |
| 12 | British Columbia | 64,854 | 367,794 |
| 8 | Saskatchewan | 77,508 | 96,720 |
| 20 | Manitoba | 55,218 | 82,394 |
| 24 | Nova Scotia | 51,723 | 56,005 |
| 25 | New Brunswick | 48,238 | 41,402 |
| 11 | Newfoundland and Labrador | 66,173 | 36,188 |
| 23 | Prince Edward Island | 51,937 | 9,334 |
| 2 | Northwest Territories | 97,028 | 4,391 |
| 1 | Nunavut | 117,323 | 4,858 |
| 7 | Yukon | 78,322 | 3,728 |
| 10 | .svg.png){kind=small} Australia | 69,647 | 1,907,482 |
| 14 |  France | 64,054 | 4,396,548 |
| 9 |  Germany | 71,797 | 5,996,196 |
| 18 |  Italy | 61,415 | 3,621,731 |
| 22 |  Japan | 54,369 | 6,735,801 |
| 17 |  South Korea | 62,885 | 3,254,390 |
| 5 |  Netherlands | 81,354 | 1,459,737 |
| 21 |  Spain | 54,675 | 2,683,325 |
| 6 |  Taiwan | 80,390 | 1,881,151 |
| 16 | .svg.png){kind=small} United Kingdom | 63,072 | 4,369,680 |
| 3 | .png){kind=small} United States | 86,173 | 29,298,025 |
Source: International Monetary Fund World Economic Outlook Database, April 2026[8]
Real GDP at basic prices, 2014–2018
A table listing annual GDP at basic prices from 2014 through 2018 in chained 2012 dollars. Caution: GDP at basic prices differs from GDP in the treatment of taxes and subsidies.[9]
| Province or territory |
GDP (million chained (2012) CAD, 2014) |
GDP (million chained (2012) CAD, 2015) |
GDP (million chained (2012) CAD, 2016) |
GDP (million chained (2012) CAD, 2017) |
GDP (million chained (2012) CAD, 2018) |
|---|---|---|---|---|---|
| British Columbia | 219,060.9 | 224,153.4 | 231,509.9 | 240,657.9 | 246,506.3 |
| Alberta | 338,262.6 | 326,476.7 | 313,241.5 | 327,596.2 | 335,095.6 |
| Saskatchewan | 80,175.7 | 79,574.2 | 79,364.4 | 81,179.0 | 82,502.7 |
| Manitoba | 58,276.3 | 59,082.5 | 60,066.2 | 61,941.2 | 62,723.1 |
| Ontario | 659,861.2 | 677,384.0 | 693,900.4 | 712,984.3 | 728,363.7 |
| Quebec | 338,319.0 | 341,688.0 | 346,713.7 | 356,677.9 | 365,614.4 |
| New Brunswick | 29,039.6 | 29,275.7 | 29,686.3 | 30,271.8 | 30,295.3 |
| Prince Edward Island | 5,205.6 | 5,280.7 | 5,372.2 | 5,553.3 | 5,700.0 |
| Nova Scotia | 34,747.2 | 35,013.4 | 35,549.3 | 36,075.4 | 36,518.2 |
| Newfoundland and Labrador | 31,143.3 | 30,806.0 | 31,334.5 | 31,610.6 | 30,757.9 |
| Yukon | 2,510.9 | 2,320.2 | 2,482.5 | 2,554.5 | 2,626.1 |
| Northwest Territories | 4,574.6 | 4,621.3 | 4,679.8 | 4,861.3 | 4,954.7 |
| Nunavut | 2,363.6 | 2,353.0 | 2,434.3 | 2,685.3 | 2,955.0 |
Source: Statistics Canada[10]
Components of GDP, 2023
A table of Canadian provinces and territories by descending GDP (at current prices and expenditure-based); all figures are from Statistics Canada.[11]
| Province or territory |
GDP (million CAD, 2023) |
= Final consumption expenditure |
+ Gross capital formation |
+ Investment in Inventories |
+ Exports | − Imports |
|---|---|---|---|---|---|---|
| Canada | 2,933,810 | 2,230,737 | 670,466 | 30,565 | 1,510,372 | 1,508,395 |
| British Columbia | 409,881 | 326,562 | 114,662 | 6,007 | 153,846 | 191,308 |
| Alberta | 452,410 | 265,690 | 107,706 | 340 | 288,480 | 209,784 |
| Saskatchewan | 109,702 | 68,108 | 23,204 | −461 | 80,080 | 61,304 |
| Manitoba | 91,872 | 81,361 | 17,265 | 1,474 | 49,037 | 57,240 |
| Ontario | 1,119,545 | 855,991 | 245,689 | 12,590 | 580,715 | 575,407 |
| Quebec | 579,460 | 467,884 | 122,978 | 7,844 | 272,849 | 291,995 |
| New Brunswick | 47,035 | 46,565 | 9,407 | 1,069 | 32,145 | 42,166 |
| Prince Edward Island | 9,924 | 9,519 | 2,010 | 140 | 4,683 | 6,438 |
| Nova Scotia | 59,574 | 62,423 | 13,462 | 446 | 20,746 | 37,528 |
| Newfoundland and Labrador | 38,959 | 31,462 | 9,662 | 285 | 20,081 | 22,539 |
| Yukon | 4,330 | 4,179 | 1,412 | 99 | 1,172 | 2,533 |
| Northwest Territories | 5,478 | 5,491 | 1,158 | 211 | 3,190 | 4,573 |
| Nunavut | 4,825 | 3,713 | 1,824 | 520 | 3,347 | 4,580 |
Figures may not add up precisely due to omission of the statistical discrepancy column and the "Outside Canada" row.
Census metropolitan areas (CMA) by GDP at basic prices, 2021
This is a list of Canadian metropolitan areas by their gross domestic product (GDP) at basic prices according to data by Statistics Canada.[12]
See also
Notes
- 1 2 Government of Canada, Statistics Canada (14 August 2025). "Purchasing Power Parities for Consumption and Household Income Across the Canadian Provinces and Territories". www150.statcan.gc.ca. Retrieved 2025-09-24.
- ↑ Government of Canada, Department of Finance (23 December 2024). "Equalization Program". canada.ca. Retrieved 2025-09-24.
- ↑ Government of Canada, Statistics Canada (3 May 2017). "Dictionary, Census of Population, 2016 – Market income". www12.statcan.gc.ca. Retrieved 2019-11-07.
- ↑ Government of Canada, Statistics Canada (6 November 2025). "Gross domestic product, expenditure-based, provincial and territorial, annual". www150.statcan.gc.ca. Retrieved 2025-11-06.
- ↑ Government of Canada, Statistics Canada (24 September 2025). "Population estimates, quarterly". www150.statcan.gc.ca. Retrieved 2025-09-24.
- ↑ Government of Canada, Statistics Canada (18 July 2025). "Tax filers and dependants with income by source of income". www150.statcan.gc.ca. Retrieved 2025-07-18.
- ↑ Government of Canada, Statistics Canada (18 July 2025). "Selected characteristics of tax filers and dependants, income and demographics (final T1 Family File)". www150.statcan.gc.ca. Retrieved 2025-07-18.
- ↑ "Data Explorer". data.imf.org. Retrieved 2026-04-14.
- ↑ "Glossary". www150.statcan.gc.ca. 30 May 2017. Retrieved 2019-11-07.
- ↑ "Gross domestic product (GDP) at basic prices, by industry, provinces and territories (x 1,000,000)". Government of Canada, Statistics Canada. September 7, 2019. Retrieved September 7, 2019.
- ↑ "Table 36-10-0222-01 – Gross domestic product, expenditure-based, provincial and territorial, annual (dollars unless otherwise noted), CANSIM (database)". Statistics Canada. 2025-01-27.
- ↑ "Gross domestic product (GDP) at basic prices, by census metropolitan area (CMA)". Statistics Canada.