North America · CAD · Bank of Canada

🇨🇦Canada

Canada’s $2.3T economy grew 1.9% in 2025; the IMF projects 1.1% for 2026. Inflation is 3.0% (Aug 2026) against a 2.25% policy rate.

#10 GDP worldwide#2 in North AmericaPolicy stance CuttingCompare all economies
🇨🇦
$2.3T

GDP in 2025, current US dollars · #10 of 56 tracked economies

1.9%

Real GDP growth in 2025; IMF projects 1.1% for 2026

3.0%

Consumer-price inflation, year on year, Aug 2026

2.25%

Bank of Canada policy rate, −25 bp over 12 months

Unemployment · 2025
6.9%
0.5 ppvs 2024
Government debt
113.6%
3.6 ppof GDP, vs last year
Current account
-0.9%
Deficit · % of GDP
Population
41.6M
GDP per capita $55.8K
Scorecard

Canada among 56 tracked economies

Marker = percentile. Right is better where a better direction exists; for population and rates, right is higher.

  • GDP
    $2.3T#10/56
  • Growth
    1.9%#36/56
  • Per capita
    $55.8K#17/56
  • Inflation
    3.0%#36/56
  • Jobless
    6.9%#14/50
  • Debt/GDP
    113.6%#7/56
  • Budget
    -1.7%#17/56
  • Curr. acct
    -0.9%#38/56
  • Policy rate
    2.25%#39/45
  • Population
    41.6M#28/56
Peers

Growth across North America

Real GDP growth, 2025

Sources: IMF World Economic Outlook (annual, projections from 2026) · BIS policy rates, CPI & FX (monthly, through Sep 2026) · World Bank WDI (trade, sectors, FDI, urbanisation)