Canada
- Capital
- Ottawa
- Region
- North America
- Income group
- High income
- Population
- 41.7 million (2025)
At a glance
- Prices in Canada rose 2.1% in 2025, slower than in most countries.
- Canada's economy grew 1.7% in 2025, slower than most economies.
- Output per person in Canada was US$55,698 in 2025, higher than in most countries.
- 6.9% of Canada's labour force had no job in 2025, a higher share than in most countries.
- Canada's central government owed 64.1% of GDP in 2024, close to the middle of the range worldwide.
- Canada had 41.7 million people in 2025: about 0.5% of everyone on Earth, the 38th largest population of 217 countries and territories.
- Canada had a current account deficit of 1.0% of GDP in 2025, close to the middle of the range worldwide.
Inflation
2025Consumer prices, change over the year (yearly average)
Since 2000
Show the numbers
| Year | Canada | World median |
|---|---|---|
| 2025 | 2.1% | 3.0% |
| 2024 | 2.4% | 3.0% |
| 2023 | 3.9% | 5.7% |
| 2022 | 6.8% | 8.0% |
| 2021 | 3.4% | 3.5% |
| 2020 | 0.7% | 1.9% |
| 2019 | 2.0% | 2.2% |
| 2018 | 2.3% | 2.5% |
| 2017 | 1.6% | 2.3% |
| 2016 | 1.4% | 1.6% |
Economic growth
2025Real GDP, change over the year
Since 2000
Show the numbers
| Year | Canada | World median |
|---|---|---|
| 2025 | 1.7% | 3.4% |
| 2024 | 2.1% | 3.4% |
| 2023 | 2.0% | 3.2% |
| 2022 | 4.7% | 4.3% |
| 2021 | 6.0% | 5.1% |
| 2020 | −5.0% | −3.8% |
| 2019 | 1.9% | 2.8% |
| 2018 | 2.7% | 3.2% |
| 2017 | 3.0% | 3.3% |
| 2016 | 1.0% | 3.1% |
GDP per person
2025GDP divided by population, in US dollars at current prices
Since 2000
Show the numbers
| Year | Canada | World median |
|---|---|---|
| 2025 | US$55,698 | US$7,882 |
| 2024 | US$55,016 | US$7,853 |
| 2023 | US$54,848 | US$7,862 |
| 2022 | US$56,497 | US$7,656 |
| 2021 | US$52,887 | US$7,269 |
| 2020 | US$43,538 | US$6,433 |
| 2019 | US$46,353 | US$7,037 |
| 2018 | US$46,539 | US$6,978 |
| 2017 | US$45,130 | US$6,548 |
| 2016 | US$42,314 | US$5,982 |
Unemployment
2025Share of the labour force without a job (ILO modelled estimate)
Since 2000
Show the numbers
| Year | Canada | World median |
|---|---|---|
| 2025 | 6.9% | 5.1% |
| 2024 | 6.4% | 5.1% |
| 2023 | 5.4% | 5.2% |
| 2022 | 5.3% | 5.3% |
| 2021 | 7.5% | 6.0% |
| 2020 | 9.7% | 6.4% |
| 2019 | 5.7% | 5.4% |
| 2018 | 5.8% | 5.4% |
| 2017 | 6.4% | 5.6% |
| 2016 | 7.0% | 5.9% |
Government debt
2024Central government debt, % of GDP
Since 2000
Show the numbers
| Year | Canada | World median |
|---|---|---|
| 2024 | 64.1% | 53.2% |
| 2023 | 60.5% | 60.7% |
| 2022 | 59.4% | 55.6% |
| 2021 | 68.8% | 58.8% |
| 2020 | 74.6% | 64.3% |
| 2019 | 53.4% | 49.2% |
| 2018 | 53.1% | 47.3% |
| 2017 | 54.5% | 51.2% |
| 2016 | 56.0% | 50.2% |
| 2015 | 56.0% | 49.4% |
Population
2025Everyone living in the country, mid-year
Since 2000
Show the numbers
| Year | Canada |
|---|---|
| 2025 | 41.7 million |
| 2024 | 41.3 million |
| 2023 | 40.0 million |
| 2022 | 39.0 million |
| 2021 | 38.2 million |
| 2020 | 38.0 million |
| 2019 | 37.6 million |
| 2018 | 37.1 million |
| 2017 | 36.5 million |
| 2016 | 36.1 million |
Current account balance, % of GDP
Since 2000
Show the numbers
| Year | Canada | World median |
|---|---|---|
| 2025 | −1.0% | −0.8% |
| 2024 | −0.5% | −1.3% |
| 2023 | −0.7% | −1.2% |
| 2022 | −0.4% | −3.0% |
| 2021 | −0.0% | −2.4% |
| 2020 | −2.0% | −1.7% |
| 2019 | −2.0% | −2.1% |
| 2018 | −2.4% | −2.9% |
| 2017 | −2.8% | −2.1% |
| 2016 | −3.1% | −2.8% |
About these figures
All numbers are yearly. The world median is the middle value of all countries with a figure for the same year: half of them are above it and half below. Sparklines show Canada since 2000 or since its first figure.
Source: World Bank, World Development Indicators (CC BY 4.0), updated 2026-10-08. Original sources: Inflation: International Monetary Fund, International Financial Statistics; Economic growth: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; GDP per person: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; Unemployment: International Labour Organization, ILO modelled estimates (ILOSTAT); Government debt: International Monetary Fund, Government Finance Statistics; Population: United Nations Population Division (World Population Prospects) and national statistical offices; Current account balance: International Monetary Fund, Balance of Payments Statistics, with World Bank and OECD data. Yearly figures; recent years are often revised. All sources and terms.