Economy
A service economy, backed by a solid industrial base
A developed and highly diversified economy, dominated by services (finance in Toronto, technology, tourism) but also rich in natural resources — oil and the Alberta oil sands, hydroelectricity in Quebec and Manitoba, mining, potash, forestry. Canada's foreign trade remains overwhelmingly oriented towards the United States, which makes the economy particularly sensitive to shifts in US trade policy.
2,319.9 bn USD
GDP
55,698 USD
GDP per capita
6.9%
Unemployment rate
$
Canadian dollar ($)
Currency
Value added by sector
Services64.1%
Industry27.4%
Agriculture, forestry and fishing1.9%
Other (net taxes on products, etc.)6.6%
Indicators
Share of exports going to the United States
about 75%
Source: Statistics Canada · 2024