Canada — GDP growth
GDP Growth (Annual %) for Canada, 1961–2025.
GDP growth for Canada was 1.74% in 2025, according to the latest World Bank data. The series covers 65 years, from 1961 to 2025. The highest recorded value was 7.43% in 1962. The lowest was -5.04% in 2020 (about -2.9× the latest value). Across that span the compound annual growth rate works out to -0.93% per year.
Canada ranks 155 of 212 economies on this measure (1 = highest), putting it in the top 73%. The median for North America is 1.89%, so Canada sits below it. It peaked in 1962 and has fallen 77% since. Over the last decade (2015–2025) the figure moved up 168%. Its sharpest one-year move was down 1130% in 1991. That is 7% below this series' own ten-year average.
Data highlights
From its 1961 level: doubled by 1962.
World ranking. Slipped: 72nd of 107 in 1961 → 91st of 119 in 1970 → 84th of 152 in 1980 → 125th of 176 in 1990 → 69th of 199 in 2000 → 121st of 209 in 2010 → 123rd of 209 in 2020 → 142nd of 186 in 2025.
Key figures
Full history — 1961 to 2025
| Year | annual % | Change |
|---|---|---|
| 2025 | 1.74% | -0.3 pp |
| 2024 | 2.05% | +0.1 pp |
| 2023 | 1.95% | -2.7 pp |
| 2022 | 4.7% | -1.3 pp |
| 2021 | 5.95% | +11.0 pp |
| 2020 | -5.04% | -6.9 pp |
| 2019 | 1.91% | -0.8 pp |
| 2018 | 2.74% | -0.3 pp |
| 2017 | 3.03% | +2.0 pp |
| 2016 | 1.04% | +0.4 pp |
| 2015 | 0.65% | -2.2 pp |
| 2014 | 2.87% | +0.5 pp |
| 2013 | 2.33% | +0.6 pp |
| 2012 | 1.76% | -1.4 pp |
| 2011 | 3.14% | +0.0 pp |
| 2010 | 3.09% | +6.0 pp |
| 2009 | -2.92% | -3.9 pp |
| 2008 | 1% | -1.1 pp |
| 2007 | 2.05% | -0.6 pp |
| 2006 | 2.64% | -0.6 pp |
| 2005 | 3.21% | +0.1 pp |
| 2004 | 3.09% | +1.3 pp |
| 2003 | 1.81% | -1.2 pp |
| 2002 | 3% | +1.1 pp |
| 2001 | 1.88% | -3.3 pp |
| 2000 | 5.14% | -0.0 pp |
| 1999 | 5.14% | +1.2 pp |
| 1998 | 3.89% | -0.4 pp |
| 1997 | 4.28% | +2.6 pp |
| 1996 | 1.69% | -1.0 pp |
| 1995 | 2.68% | -1.8 pp |
| 1994 | 4.49% | +1.8 pp |
| 1993 | 2.66% | +1.8 pp |
| 1992 | 0.89% | +3.0 pp |
| 1991 | -2.09% | -2.3 pp |
| 1990 | 0.2% | -2.1 pp |
| 1989 | 2.34% | -2.1 pp |
| 1988 | 4.41% | +0.3 pp |
| 1987 | 4.07% | +2.0 pp |
| 1986 | 2.12% | -2.6 pp |
| 1985 | 4.74% | -1.2 pp |
| 1984 | 5.9% | +3.3 pp |
| 1983 | 2.56% | +5.7 pp |
| 1982 | -3.17% | -6.6 pp |
| 1981 | 3.42% | +1.2 pp |
| 1980 | 2.18% | -1.5 pp |
| 1979 | 3.73% | -0.0 pp |
| 1978 | 3.74% | +0.2 pp |
| 1977 | 3.53% | -2.4 pp |
| 1976 | 5.89% | +4.3 pp |
| 1975 | 1.55% | -1.8 pp |
| 1974 | 3.36% | -3.4 pp |
| 1973 | 6.73% | +1.2 pp |
| 1972 | 5.52% | +1.5 pp |
| 1971 | 4.02% | +1.1 pp |
| 1970 | 2.92% | -2.1 pp |
| 1969 | 5.07% | +0.1 pp |
| 1968 | 5.01% | +1.9 pp |
| 1967 | 3.07% | -3.7 pp |
| 1966 | 6.76% | +0.4 pp |
| 1965 | 6.32% | -0.3 pp |
| 1964 | 6.66% | +1.4 pp |
| 1963 | 5.3% | -2.1 pp |
| 1962 | 7.43% | +4.3 pp |
| 1961 | 3.16% | — |
Frequently asked questions
What was Canada’s GDP growth in 1962?
7.43% (1962). The full year-by-year table above lists every published year, most recent first.
Are changes in this series measured in percentage points?
Yes. The series is a share expressed in annual %, so year-over-year movements in the Change column are percentage points (pp), not percent.
Is Canada’s GDP growth growing or shrinking?
Between 1961 and 2025 the series was shrinking overall: -44.9% in total — about 0.9% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.KD.ZG. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.
What are the most recent published figures?
The last five published years: 2025: 1.74%; 2024: 2.05%; 2023: 1.95%; 2022: 4.7%; 2021: 5.95%. Earlier years are in the full-history table below.
Related data
NY.GDP.MKTP.KD.ZG — GDP Growth (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.