It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. GDP From Public Administration in Canada decreased to 122920 CAD Million in April from 128957 CAD Million in March of 2020. In 2019, the GDP of the construction industry in Ontario was 50.79 billion chained 2012 Canadian dollars. The following chart shows the percentage contribution of the various goods and services sectors to the total. Industry GDP in million chained 2012 Canadian dollars; Real estate and rental and leasing 244,278: Manufacturing 141,691: Finance and insurance 132,226 This page has economic forecasts for Canada including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Canada economy. Canadians now have access to data on gross domestic product (GDP) for 33 census metropolitan areas (CMAs), as well as 9 non-CMA regions within the country. The sector includes the following sectors; transportation, economic, health care, construction, banking, communication, retail, tourism and government. Ranking second in this industry is the business services sector which includes real estate, financial services, and communications. In Canada, where the Parliamentary Budget Office last week said the 2021 federal deficit would balloon to $184 billion (Cad.) This statistic shows the gross domestic product (GDP) of Ontario in 2019, by industry. Real gross domestic product (GDP) by industry increased in every province in 2017 for the first time since 2011. The Canadian agricultural sector continues to show economic growth, contributing to Canada’s strong economic performance as described in the Fall Economic Statement 2017. What is Canada’s GDP by industry or sector? Gross domestic product by industry, April 2020. Gross Domestic Product by industry at basic prices is a measure of the economic production which takes place within the geographical boundaries of Canada. Definition: This entry shows where production takes place in an economy. or 8.5 per cent of GDP, the IMF predicts the economy … GDP From Public Administration in Canada averaged 109742.32 CAD Million from 1997 until 2020, reaching an all time high of 135089 CAD Million in February of 2020 and a record low of 82547 CAD Million in January of 1998. 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 service industry in Canada is diverse and accounts for close to 70% of the GDP. The User Guide: Canadian System of Macroeconomic Accounts (Catalogue number 13-606-G) is also available. Goods-producing industries growth outpaced services-producing industries in every province except Nova Scotia and Ontario. Industry, value added (% of GDP) Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). GDP - composition by sector: agriculture: 1.6% (2017 est.) This sector accounts for 75% of Canadian jobs and 78% of the country’s GDP. The agriculture and agri-food sector provides one in eight jobs and accounts for more than six percent of Canada’s gross domestic product (GDP). services: 70.2% (2017 est.) The retail sector is a huge employer with more than 12% of Canadians working in this part of the service industry. Real gross domestic product (GDP) dropped 11.6% in April, following a 7.5% decline in March, as all 20 industrial sectors decreased. As of the end of 2018, Canada’s reported GDP per year , in 2018 dollars, was running at $2.223 trillion or $2,223 billion per year. It measures provide an alternate dimension that supplements the income and expenditure-based GDP estimates, and constitute an extension (on a monthly basis) of the Canadian System of Macroeconomic Accounts Supply and Use Tables. 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. Canadian international merchandise trade, May 2020. Going forward, the agency plans on releasing these data each year. industry: 28.2% (2017 est.) Among the territories, GDP rose in Nunavut and Northwest Territories and declined in Yukon. Canadian Industry Statistics (CIS) analyses industry data on many economic indicators using the most recent data from Statistics Canada.CIS looks at industry trends and financial information, such as GDP, Labour Productivity, Manufacturing and Trade data. For more information about monthly national gross domestic product by industry, see the System of Macroeconomic Accounts module on our website. On January 27, 2017, Statistics Canada released economic data on Canadian cities.

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