The Canadian economy expanded an annualised 5.6 percent on quarter in the first three months of 2021, slowing from a downwardly revised 9.3 percent rise in the previous period and below forecasts of 6.7 percent. source: Statistics Canada
GDP Growth Annualized in Canada averaged 3.04 percent from 1961 until 2021, reaching an all time high of 36.40 percent in the third quarter of 2020 and a record low of -45.10 percent in the second quarter of 2020. This page provides - Canada Gdp Growth Annualized - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada GDP Growth Annualized - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
GDP Growth Annualized in Canada is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Annualized in Canada to stand at 2.00 in 12 months time. In the long-term, the Canada GDP Growth Annualized is projected to trend around 2.00 percent in 2022, according to our econometric models.