Canada Largest Economy

17 in 2019 it exported c 592 billion in goods or around us 455 billion.

Canada largest economy. Canada canada has the tenth largest economy in the world with a nominal gdp of 1 73 trillion. One of the persistent themes of this report is that countries that are. From left to right oil pumpjacks in southern alberta.

Canada s economy will surpass brazil and italy to become the world s eighth largest over the next decade cebr predicts. Canada s gdp is expected to rise to 2 13 trillion by 2023. As with other developed nations the country s economy is dominated by the service industry which employs about three quarters of canadians.

The latest edition of the world economic league table places canada as the world s 10th largest economy based on its gdp of us 1 731 trillion cad 2 251 trillion in 2019. It is the 9th largest gdp by nominal and 15th largest gdp by ppp in the world. Canada s per capita gdp of 46 260 71 is ranked 20th globally while its gdp ppp of 1 84 trillion is ranked 17th globally.

19 canada is america s largest supplier of energy. In september 2020 the construction industry of canada contributed about 136 651. This statistic shows the gross domestic product gdp of canada in september 2020 distinguished by major industry.

18 trade with the united states and mexico has tripled since 1994 thanks to nafta. Canada is the 12th largest exporter in the world according to the world bank.