It is also the most populous of the prairie provinces of Canada. This table displays the results of Gross domestic product (GDP) at basic prices, by sector and industry, provincial and territorial (x 1,000,000). The term "gross" in GDP means that capital consumption costs, that is the costs associated with the depreciation of capital assets (buildings, machinery and equipment), are included. The information is grouped by Geography (appearing as row headers). However, other provinces will enjoy stronger growth despite current uncertainties, including P.E.I., which is leading with an expected growth rate of 3.2 per cent in 2019. This release incorporates revisions to the provincial and territorial economic accounts for 2017 to 2019. On November 9, 2020 Statistics Canada released revised figures for 2017 to 2019 provincial and territorial gross domestic product by industry. Alberta . Meanwhile, net debt-to-GDP is expected at 35.4% this fiscal … Sources: Statistics Canada. Even though Canada apparently weathered that period better than other G-7 countries (with respect to GDP growth and employment), the years since have seen large deficits at both federal and provincial levels and rising debt. For the column header, Row 1 is Industry, Row 2 is Reference period. Table 36-10-0402-01 Gross domestic product (GDP) at basic prices, by industry, provinces and territories (x 1,000,000) Gross Domestic Product (GDP) by Industry, 2019. The Gross Domestic Product (GDP) in Canada was worth 1736.43 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. In 2018, real gross domestic product (GDP) increased in nine provinces and in all territories, but declined in Newfoundland and Labrador. This annual release of Gross Domestic Product (GDP) by Industry by Statistics Canada provides current measures of Gross Domestic Product by Industry, at the provincial and territorial level.. Overview. “The Conference Board of Canada expects Canada’s GDP to advance by 1.9 per cent in 2019. Approximately 81% of the population lives in urban settlements, while 19% are in … Statistics Canada is the national statistical office. The province expects its deficit to fall from 1.7% of GDP last fiscal year to 0.3% by FY 2023/24. The first chart below plots net provincial government debt in 2007-08 and 2017-18 for the 10 provinces. New Brunswick real GDP edged up 0.1%. The agency ensures Canadians have the key information on Canada's economy, society and environment that they require to function effectively as citizens and decision makers. Gross Domestic Product (GDP) by industry at basic prices is a measure of the economic production which takes place within the geographical boundaries of Canada. As of March 31, 2019, $4,467 million ($5,404 million in 2018) was being appealed to the courts. Alberta is the fourth most populous province with a population of about 4.35 million as of 2019 up from 3.7 million in 2011. The table type is Simple. Contingent liabilities include previously assessed federal taxes where amounts are being appealed to the Tax Court of Canada, the Federal Court of Canada, or the Supreme Court of Canada. The GDP value of Canada represents 1.45 percent of the world economy. The statistic shows the gross domestic product (GDP) at basic prices for the Canadian crop production industry in 2019, broken down by province in million Canadian dollars. Among the provinces, the strongest growth occurred in Prince Edward Island (+2.6%), followed by Quebec (+2.5%).
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