List of Canadian provinces and territories by gross domestic product

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This article lists Canadian provinces and territories by gross domestic product (GDP). As of 2013, Canada has a total GDP of USD$1.83 trillion,[1] ranking 11th worldwide.[2]

While Canada’s ten provinces and three territories exhibit high GDPs, there is wide variation among them. Ontario, the country's most populous province, is a manufacturing and trade locus with extensive linkages to the northeastern and midwestern United States; if compared to countries, Ontario's GDP would rank 20th largest (as of 2011) in the world. Conversely, territorial GDPs are comparable to those of smaller island nations and, in turn, smaller than many Canadian cities. The economies of the Provinces of Alberta, Saskatchewan, and Newfoundland rely heavily on natural resources and these produce the highest per-capita GDP values in the country.

In the face of these long-term regional disparities, the Government of Canada redistributes some of its revenues through unconditional equalization payments and finances the delivery of comparable levels of government services through the Canada Health Transfer and the Canada Social Transfer.

Gross domestic product

A table of Canadian provinces and territories by descending GDP (at current price and expenditure-based); all figures are from Statistics Canada.

Map of Canadian provinces and territories by consolidated GDP (PPP) in 2006, in million C$.
  < 2,000
  2,000 - 20,000
  20,000 - 30,000
  30,000 - 50,000
  50,000 - 150,000
  150,000 - 250,000
  250,000 - 500,000
  >500,000
Province
or
Territory
GDP
(million
CAD $, 2014)
Share of
national GDP
(%, 2014)
GDP
(million
CAD $, 2005)
Share of
national GDP
(%, 2005)
Flag of Canada.svg Canada 1,973,043 100 1,373,845 100
 British Columbia 237,188 12.02 169,664 12.35
 Alberta 375,756 19.04 219,810 16.00
 Saskatchewan 82,780 4.19 43,996 3.20
 Manitoba 64,077 3.24 41,681 3.03
 Ontario 721,970 36.59 537,383 39.12
 Quebec 370,064 18.75 272,049 19.80
 New Brunswick 32,056 1.62 24,716 1.80
 Prince Edward Island 6,003 0.30 4,096 0.30
 Nova Scotia 39,077 1.98 31,199 2.27
 Newfoundland and Labrador 33,514 1.69 21,960 1.60
 Yukon 2,603 0.13 1,497 0.14
 Northwest Territories 4,731 0.23 4,267 0.31
 Nunavut 2,487 0.12 1,137 0.10

Per capita GDP

A consolidated table listing total GDP (expenditure-based), population, and per capita GDP; subnational entities are in decreasing order by per-capita GDP. For illustrative purposes, average personal income from tax returns are included. These show that while there is a correlation between GDP and personal income, there is a substantial gap which represents both the two year lag between sources and amounts directed to capital investment. This gap is particularly large in regions with significant resource-extraction sectors. The gap also reflects net exports as it is positive in the major resource extracting gold.

Province
or
Territory
GDP
(million
CAD$, 2014)
Population
(2014)
GDP per
capita
(CAD$, 2014)
Average Total
Income
(CAD$, 2010)
Flag of Canada.svg Canada 1,973,043 35,543,700 55,510 41,129
 British Columbia 237,188 4,638,400 51,135 40,196
 Alberta 375,756 4,120,900 91,182 53,408
 Saskatchewan 82,780 1,122,300 73,759 40,933
 Manitoba 64,077 1,280,200 50,052 36,795
 Ontario 721,970 13,677,700 52,784 42,643
 Quebec 370,064 8,214,900 45,047 36,491
 New Brunswick 32,056 754,600 42,480 34,164
 Prince Edward Island 6,003 146,200 41,060 33,632
 Nova Scotia 39,077 942,400 41,465 36,108
 Newfoundland and Labrador 33,514 529,100 63,341 35,345
 Yukon 2,603 37,000 70,351 47,832
 Northwest Territories 4,731 44,000 107,522 53,632
 Nunavut 2,487 36,100 68,891 44,755

Source: Statistics Canada: GDP (totals),[3] Population;[4] Canada Revenue Agency: Taxation Statistics 2009 taxation year[5]

Components of GDP

A table of Canadian provinces and territories by descending GDP (at current prices and expenditure-based); all figures are from Statistics Canada. [6]

Province
or
Territory
GDP
(million
CAD $, 2014)
= Final
Consumption
Expenditure
+ Gross
Capital
Formation
+ Investment
in
Inventories
+ Exports - Imports
Flag of Canada.svg Canada 1,973,043 1,513,043 469,739 8,488 1,005,446 1,024,061
 British Columbia 237,188 202,405 56,081 1,747 93,215 116,444
 Alberta 375,756 198,643 132,709 1,876 206,923 164,444
 Saskatchewan 82,780 50,046 26,100 −2,316 58,328 49,340
 Manitoba 64,077 55,129 15,663 −385 35,992 42,256
 Ontario 721,970 576,173 135,610 5,234 370,845 365,804
 Quebec 370,064 315,396 74,182 2,110 171,350 193,352
 New Brunswick 32,056 31,898 5,391 1 25,792 31,015
 Prince Edward Island 6,003 6,106 989 56 2,729 3,877
 Nova Scotia 39,077 42,981 7,465 25 15,377 26,756
 Newfoundland and Labrador 33,514 23,786 11,853 −68 19,787 21,855
 Yukon 2,603 2,783 814 4 802 1,791
 Northwest Territories 4,731 3,705 1,485 83 3,392 3,929
 Nunavut 2,487 2,473 1,293 122 910 2,301

Figures may not add up precisely due to omission of the statistical discrepancy column and the 'Outside Canada' row.

See also

Notes

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References