Economy of Canada
Economy of Canada
Currency
Canadian dollar (CAD)
Fiscal year
1 April – 31 March
Trade
organizations
NAFTA, OECD, WTO and others
Statistics
GDP
$1.274 trillion (2007 est.)
GDP growth
0.5% (2008)[1]
GDP per capita
$38,200 (2007 est.)
GDP by sector
agriculture (2.1%), industry (28.8%),
services (69.1%) (2007 est.)
Inflation (CPI)
1.2% (2008 est.)
Population
below poverty
line
10.8% (relative) (2005) / 4.9% (absolute)
(2004)
Gini index
31.5% (2004)
Labour force
17.9 million (2007 est.)
Labour force
by occupation
agriculture (2%), manufacturing (13%),
construction (6%), services (76%), other
(3%) (2006)
Unemployment
7.2% (Feb. 2009.)
Main industries
transportation equipment, chemicals,
processed and unprocessed minerals,
food products, wood and paper products,
fish products, petroleum and natural gas
External
Exports
$440.1 billion (2007 est.)
Export goods
motor vehicles and parts, industrial
machinery, aircraft, telecommunications
equipment, electronics, chemicals,
plastics, fertilizers, wood pulp, timber,
crude petroleum, natural gas, electricity,
aluminium
Main export
partners
U.S. 78.9%, UK 2.8%, China 2.1% (2007)
Imports
$394.4 billion (2007 est.)
Import goods
machinery and equipment, motor
vehicles and parts, electronics, crude oil,
chemicals, electricity, durable consumer
goods
Main import
partners
U.S. 54.1%, China 9.4%, Mexico 4.2%
(2007)
Gross External
Debt
$758.6 billion (2007 est.)
Public finances
Public Debt
$467.3 billion CAD (Federal, 2007)
Revenues
$565.8 billion
Expenses
$551.2 billion (2007 est.)
Economic aid
$3.9 billion (donor) (2007)
Main data source: CIA World Fact Book
All values, unless otherwise stated, are in US dollars
Canada has the tenth largest economy in the world[2]
(measured in US dollars at market exchange rates),[3] is
one of the world’s wealthiest nations, and a member of
the Organization for Economic Co-operation and Devel-
opment (OECD) and Group of Eight (G8). As with other
developed nations, the Canadian economy is dominated
by the service industry, which emplo