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CA

Canada

CA Β· CAN Β· #2 Β· 35 cities

Nomad score 61/100 Compare

Key indicators

GDP per capita (PPP) (2031)
$88,018
GDP (2031)
$3.1T
GDP growth (2031)
1.8% ↑
Inflation (2031)
2.0% β†’
Unemployment (2031)
6.0% β†’
Population (2031)
42.7M
Population growth (2031)
0.8% β†’
Gini index (2022)
31.5
Government debt (2031)
103.5% of GDP
Current account (2031)
0.0% of GDP
FDI inflows (2025)
$69.0B
Life expectancy (2024)
82.1 yrs
Health spending (2024)
11.3% of GDP
Internet users (2024)
94.4%
Mobile subscriptions (2024)
94.1/100
Trade openness (2025)
63.5% of GDP
Exchange rate (2025)
1.40/USD
Foreign reserves (2025)
$125.6B
Source: World Bank + IMF World Economic Outlook. Most recent data: 2031.

GDP overview

Nominal GDP and real growth. Dashed = IMF forecast.

GDP per capita (PPP)

Purchasing power parity adjusted, in international dollars

Inflation (CPI)

Unemployment

ILO modeled estimate

Population

Fiscal and trade

Government debt (2031)
103.5% of GDP
Current account (2031)
0.0% of GDP
FDI inflows (2025)
$69.0B

Income inequality (Gini)

Gini index (2022)
0.31
Assessment
Moderate inequality
Source: World Bank PIP via OWID. 0 = perfect equality, 1 = maximum inequality.

Business environment

New business density (2022)
5.17/1k
Tax revenue (2024)
13.7% of GDP
Services sector (2022)
64.1% of GDP

Financial access and costs

ATMs per 100k (2024)
173.8
Bank branches per 100k (2024)
18.0
ICT service exports (2025)
14.4%
Goods and services tax (2022)
2.9%

Historical data

Historical economic data
Year GDP GDP/cap PPP Growth Inflation Unemp. Population Gini Debt Curr. acct FDI Life exp. Health Internet FX rate
2031 * $3.1T $88,018 1.8% 2.0% 6.0% 42.7M - 103.5% 0.0% - - - - -
2030 * $3.0T $85,016 1.7% 2.0% 6.0% 42.4M - 105.2% -0.2% - - - - -
2029 * $2.9T $82,118 1.7% 2.0% 6.1% 42.0M - 106.7% -0.3% - - - - -
2028 * $2.8T $79,144 1.7% 2.0% 6.2% 41.7M - 108.1% -0.4% - - - - -
2027 * $2.6T $75,967 1.9% 2.1% 6.3% 41.6M - 109.5% -0.3% - - - - -
2026 * $2.5T $72,180 1.5% 2.5% 6.5% 41.6M - 110.7% -0.2% - - - - -
2025 $2.3T $66,746 1.7% 2.1% 6.9% 41.6M - 113.5% -0.9% $69.0B - - - 1.40
2024 $2.3T $65,483 2.0% 2.4% 6.4% 41.1M - 110.0% -0.5% $63.1B 82.1 11.3% 94.4% 1.37
2023 $2.2T $64,962 2.0% 3.9% 5.4% 39.9M - 105.1% -0.7% $43.9B 81.6 11.2% 94.2% 1.35
2022 $2.2T $64,217 4.7% 6.8% 5.3% 38.9M 31.5 103.5% -0.5% $50.8B 81.1 11.1% 94.0% 1.30
2021 $2.0T $56,995 6.0% 3.4% 7.5% 38.2M 31.1 112.6% 0.0% $60.2B 81.5 12.4% 93.9% 1.25
2020 $1.7T $48,591 -5.0% 0.7% 9.7% 38.0M 29.9 118.1% -2.0% $29.1B 81.5 13.0% 92.3% 1.34
2019 $1.7T $50,499 1.9% 1.9% 5.7% 37.6M 31.8 90.1% -2.0% $48.9B 82.2 11.1% 91.9% 1.33
2018 $1.7T $49,983 2.7% 2.3% 5.8% 37.0M 32.5 90.8% -2.4% $42.6B 81.8 10.9% 94.6% 1.30
2017 $1.6T $48,318 3.0% 1.6% 6.4% 36.5M 33.3 91.0% -2.8% $25.4B 81.8 10.9% 92.7% 1.30
2016 $1.5T $46,471 1.0% 1.4% 7.1% 36.1M 32.7 92.5% -3.1% $34.2B 81.9 11.1% 91.2% 1.33
2015 $1.6T $44,668 0.6% 1.1% 7.0% 35.7M 33.7 92.3% -3.5% $60.0B 81.8 10.8% 90.0% 1.28
2014 $1.8T $45,758 2.9% 1.9% 7.1% 35.4M 33.2 85.8% -2.3% $64.2B 81.8 10.3% 87.1% 1.10
2013 $1.8T $44,301 2.3% 0.9% 7.2% 35.0M 33.8 87.7% -3.1% $67.0B 81.7 10.4% 85.8% 1.03
2012 $1.8T $42,292 1.8% 1.5% 7.4% 34.7M 33.5 87.0% -3.5% $49.4B 81.7 10.5% 83.0% 1.00
2011 $1.8T $41,667 3.1% 2.9% 7.6% 34.3M 32.7 84.3% -2.7% $38.3B 81.5 10.4% 83.0% 0.99
2010 $1.6T $40,103 3.1% 1.8% 8.2% 34.0M 33.6 84.0% -3.6% $29.7B 81.3 10.7% 80.3% 1.03
2009 $1.4T $38,863 -2.9% 0.3% 8.5% 33.6M 34.0 81.8% -2.9% $21.0B 81.1 10.7% 80.3% 1.14
2008 $1.6T $40,376 1.0% 2.4% 6.3% 33.2M 33.9 70.4% 0.1% $70.1B 80.7 9.6% 76.7% 1.07
2007 $1.5T $39,573 2.0% 2.1% 6.2% 32.8M 33.8 67.2% 0.8% $120.5B 80.5 9.4% 73.2% 1.07
2006 $1.3T $38,123 2.6% 2.0% 6.5% 32.5M 34.1 69.9% 1.4% $64.3B 80.5 9.3% 72.4% 1.13
2005 $1.2T $36,329 3.2% 2.2% 6.8% 32.2M 33.6 70.6% 1.9% $25.6B 80.1 9.0% 71.7% 1.21
Source: World Bank + IMF World Economic Outlook. * = IMF forecast.

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