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. As of 2005, Canada has a total gross domestic product (GDP) of C$1.368 trillion or (at purchasing power parity (PPP)) roughly US$1.105 trillion, ranking 11th in the world. GDP per capita — essentially total GDP divided by population — for Canada is C$42 402 or US$34 273, ranking 7th worldwide.

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 25th largest in the world. Conversely, territorial GDPs are comparable to those of smaller island nations and, in turn, smaller than many larger Canadian cities and towns.

There is also variation among provincial and territorial GDPs per capita. Alberta’s very high GDP per capita, which is more than double that of Prince Edward Island (the province with the lowest GDP per capita), is largely the result of its oil industry. To equilibrate these disparities and enable comparable service delivery nationwide, the federal government pools and transfers moneys through equalization payments from the ‘have’ provinces (those with above average economies) — namely Ontario and Alberta — to ‘have-not’ ones (those having below average economies). In absolute terms, Quebec is a major long-standing recipient of equalization. In the last decade, British Columbia and Saskatchewan have both subsidized and received equalization. Newfoundland and Labrador, traditionally a ‘have-not’ province, has undergone a dramatic increase in its GDP in recent years due largely to a number of off-shore oil projects. The territories generally exhibit higher GDP per capita values, attributable to heightened federal transfers that accommodate for the high costs of living amidst the inclement Arctic climate of northern Canada.

Contents

Real gross domestic product, expenditure-based, by province and territory 2001 and 2005, percent of TOTAL GDP 2005 for each jurisdiction, real growth in dollars, percent of total growth
(millions of chained (1997) $C sorted by GDP 2005, descending)

Jurisdiction GDP
2001
GDP
2005
% of
2005
GDP
Real
Growth
% of
TOTAL
Growth
Ontario &&&&&&&&&&436762.0436,762 &&&&&&&&&&483962.0483,962 42.01 &&&&&&&&&&&47200.047,200 39.37
Québec &&&&&&&&&&218626.0218,626 &&&&&&&&&&237981.0237,981 20.66 &&&&&&&&&&&19355.019,355 16.14
British Columbia &&&&&&&&&&125924.0125,924 &&&&&&&&&&145501.0145,501 12.63 &&&&&&&&&&&19577.019,577 16.33
Alberta &&&&&&&&&&123250.0123,250 &&&&&&&&&&142896.0142,896 12.40 &&&&&&&&&&&19646.019,646 16.39
Manitoba &&&&&&&&&&&33111.033,111 &&&&&&&&&&&35872.035,872 3.11 &&&&&&&&&&&&2761.02,761 2.30
Saskatchewan &&&&&&&&&&&30953.030,953 &&&&&&&&&&&34157.034,157 2.97 &&&&&&&&&&&&3204.03,204 2.67
Nova Scotia &&&&&&&&&&&23700.023,700 &&&&&&&&&&&25534.025,534 2.22 &&&&&&&&&&&&1834.01,834 1.53
New Brunswick &&&&&&&&&&&19257.019,257 &&&&&&&&&&&21219.021,219 1.84 &&&&&&&&&&&&1962.01,962 1.64
Newfoundland and Labrador &&&&&&&&&&&12515.012,515 &&&&&&&&&&&15298.015,298 1.33 &&&&&&&&&&&&2783.02,783 2.32
Northwest Territories &&&&&&&&&&&&2924.02,924 &&&&&&&&&&&&4024.04,024 0.35 &&&&&&&&&&&&1100.01,100 0.92
Prince Edward Island &&&&&&&&&&&&3078.03,078 &&&&&&&&&&&&3437.03,437 0.30 &&&&&&&&&&&&&359.0359 0.30
Yukon &&&&&&&&&&&&1161.01,161 &&&&&&&&&&&&1249.01,249 0.11 &&&&&&&&&&&&&&88.088 0.07
Nunavut &&&&&&&&&&&&&847.0847 &&&&&&&&&&&&&875.0875 0.08 &&&&&&&&&&&&&&28.028 0.02
TOTAL &&&&&&&&&1032108.01,032,108 &&&&&&&&&1152005.01,152,005 100.00 &&&&&&&&&&119897.0119,897 100.00
SUMMARY GDP
2001
GDP
2005
% of
2005
GDP
Real
Growth
% of
TOTAL
Growth
(ON+QC) Total &&&&&&&&&&655388.0655,388 &&&&&&&&&&721943.0721,943 62.67 &&&&&&&&&&&66555.066,555 55.51
(ON+QC+BC) Total &&&&&&&&&&781312.0781,312 &&&&&&&&&&867444.0867,444 75.30 &&&&&&&&&&&86132.086,132 71.84
Rest - (ON+QC) Total &&&&&&&&&&376720.0376,720 &&&&&&&&&&430062.0430,062 37.33 &&&&&&&&&&&53342.053,342 44.49
Rest - (ON+QC+BC) Total &&&&&&&&&&250796.0250,796 &&&&&&&&&&284561.0284,561 24.70 &&&&&&&&&&&33765.033,765 28.16
Prairie (AB+SK+MB) Total &&&&&&&&&&187314.0187,314 &&&&&&&&&&212925.0212,925 18.48 &&&&&&&&&&&25611.025,611 21.36
(SK+MB) Total &&&&&&&&&&&64064.064,064 &&&&&&&&&&&70029.070,029 6.08 &&&&&&&&&&&&5965.05,965 4.98
Atlantic Canadas Total &&&&&&&&&&&58550.058,550 &&&&&&&&&&&65488.065,488 5.68 &&&&&&&&&&&&6938.06,938 5.79
Territories Total &&&&&&&&&&&&4932.04,932 &&&&&&&&&&&&6148.06,148 0.53 &&&&&&&&&&&&1216.01,216 1.01

Derived from: Statistics Canada - Real gross domestic product, 2001-2005[1]

A consolidated table listing total GDP (expenditure-based), population, and per capita GDP; subnational entities are ordered alphabetically.

Province or territory GDP
(million C$, 2005)
Population
(2005)
GDP per capita
(C$, 2005)
Alberta 215858 3256800 66 279
British Columbia 168011 4254500 39 490
Manitoba 41933 1177600 35 609
New Brunswick 23727 752000 31 552
Newfoundland and Labrador 21534 516000 41 733
Northwest Territories 4083 43000 94 953
Nova Scotia 31451 937900 33 533
Nunavut 1101 30000 36 700
Ontario 537604 12541400 42 866
Prince Edward Island 4142 138100 29 993
Québec 274863 7598100 36 175
Saskatchewan 42490 994100 42 742
Yukon 1522 31000 49 097
Canada 1368319 32270500 42 402
Source: Statistics Canada: GDP (totals)[2], Population[3]

Canadian provinces and territories are listed in descending order of GDP. For each, after currency conversion, comparable countries (per the International Monetary Fund in 2005) are listed.

Rank Province or territory,
with flag
GDP (2005) Comparable country
All Territory million C$ % of total
1 Ontario 537 604 39.29 Philippines
2 Québec 274 863 20.09 Switzerland
3 Alberta 215 858 15.78 Nigeria
4 British Columbia 168 011 12.28 Morocco
5 Saskatchewan 42 490 3.11 Uruguay
6 Manitoba 41 933 3.06 Uruguay
7 Nova Scotia 31 451 2.30 Bolivia
8 New Brunswick 23 727 1.73 Guinea
9 Newfoundland and Labrador 21 534 1.57 Cyprus
10 Prince Edward Island 4 142 0.30 Guyana
11 1 Northwest Territories 4 083 0.30 Guyana
12 2 Yukon 1 522 0.11 Guinea-Bissau
13 3 Nunavut 1 101 0.08 Solomon Islands
Canada 1 368 319 100

Canadian provinces and territories are listed in descending order of GDP (PPP) per capita. For each, after currency conversion, comparable countries in 2005 are listed.

Rank Province[4] or territory,
with flag
GDP (PPP)
per capita
(C$, 2005)
Comparable country[5]
All Province Territory
1 1 Northwest Territories 94 953 Luxembourg
2 1 Alberta 66 279 Norway
3 2 Yukon 49 097 Ireland
4 2 Ontario 42 866 Denmark
5 3 Saskatchewan 42 742 Denmark
6 4 Newfoundland and Labrador 41 733 Austria
7 5 British Columbia 39 490 Qatar
8 3 Nunavut 36 700 Sweden
9 6 Québec 36 175 France
10 7 Manitoba 35 609 Italy
11 8 Nova Scotia 33 533 United Arab Emirates
12 9 New Brunswick 31 552 Brunei
13 10 Prince Edward Island 29 993 New Zealand
Canada 42 402

  1. ^ Statistics Canada (November 2006). Real gross domestic product, 2001-2005. Retrieved on 2007-02-20.
  2. ^ Statistics Canada (November 2006). Gross domestic product, expenditure-based, by province and territory. Retrieved on 2006-04-27.
  3. ^ Statistics Canada (May 2006). Population by year, by province and territory. Retrieved on 2006-04-27.
  4. ^ Bold indicates current ‘have’ provinces
  5. ^ The purchasing power parity for each province or territory has not been taken into account and may vary widely between provinces or territories. Therefore, the comparison between a province or territory to a listed country based on purchasing power may not be accurate.


Flag of Canada
Provinces: British Columbia · Alberta · Saskatchewan · Manitoba · Ontario · Quebec
New Brunswick · Nova Scotia · Prince Edward Island · Newfoundland and Labrador
Territories: Yukon · Northwest Territories · Nunavut
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