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Canada — GDP growth
GDP Growth (Annual %) for Canada, 1961–2025.
Latest value · 2025
1.74%
GDP Growth (Annual %) · annual % · -44.9% since 1961
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%.
Key figures
Latest (2025)
1.74%
First (1961)
3.16%
Change
-44.9%
Highest
7.43%
in 1962
Lowest
-5.04%
in 2020
Average
3.03%
Annual growth (CAGR)
-0.93%
Years of data
65
Recent years
| Year | annual % |
|---|---|
| 2025 | 1.74% |
| 2024 | 2.05% |
| 2023 | 1.95% |
| 2022 | 4.7% |
| 2021 | 5.95% |
| 2020 | -5.04% |
| 2019 | 1.91% |
| 2018 | 2.74% |
| 2017 | 3.03% |
| 2016 | 1.04% |
| 2015 | 0.65% |
| 2014 | 2.87% |
Reading this correctly. Annual percentage growth rate of GDP at constant market prices. A negative value means the economy contracted that year. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
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.