The Canadian economy grew by 4.5 percent in 2021, partially recovering from a 4.9 percent contraction in 2020. source: OECD
Full Year GDP Growth in Canada averaged 3.02 percent from 1962 until 2021, reaching an all time high of 7.43 percent in 1962 and a record low of -4.89 percent in 2020. This page includes a chart with historical data for Canada Full Year Gdp Growth. Canada Full Year Gdp Growth - values, historical data and charts - was last updated on November of 2022.
Full Year GDP Growth in Canada is expected to reach 3.50 percent by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Full Year Gdp Growth is projected to trend around 1.20 percent in 2023 and 1.50 percent in 2024, according to our econometric models.