In 2022, Canada's gross domestic product (GDP) might recover by 4.5 percent compared to the previous year. Similarly, an increase of around one percent has been projected for 2023.
Forecast for real gross domestic product (GDP) growth in Canada from 2020 to 2024
Characteristic
Y-o-y percentage growth
2024
1.3%
2023
1%
2022
3.2%
2021
4.5%
2020
-5.2%
-6%-4%-2%0%2%4%6%
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OECD. (December 2, 2022). Forecast for real gross domestic product (GDP) growth in Canada from 2020 to 2024 [Graph]. In Statista. Retrieved May 11, 2025, from https://www.statista.com/statistics/1227759/canada-gdp-forecast/
OECD. "Forecast for real gross domestic product (GDP) growth in Canada from 2020 to 2024." Chart. December 2, 2022. Statista. Accessed May 11, 2025. https://www.statista.com/statistics/1227759/canada-gdp-forecast/
OECD. (2022). Forecast for real gross domestic product (GDP) growth in Canada from 2020 to 2024. Statista. Statista Inc.. Accessed: May 11, 2025. https://www.statista.com/statistics/1227759/canada-gdp-forecast/
OECD. "Forecast for Real Gross Domestic Product (Gdp) Growth in Canada from 2020 to 2024." Statista, Statista Inc., 2 Dec 2022, https://www.statista.com/statistics/1227759/canada-gdp-forecast/
OECD, Forecast for real gross domestic product (GDP) growth in Canada from 2020 to 2024 Statista, https://www.statista.com/statistics/1227759/canada-gdp-forecast/ (last visited May 11, 2025)
Forecast for real gross domestic product (GDP) growth in Canada from 2020 to 2024 [Graph], OECD, December 2, 2022. [Online]. Available: https://www.statista.com/statistics/1227759/canada-gdp-forecast/
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