Canada 2016
Detailed economic analysis and indicators for 2016
Key Economic Indicators (2016)
GDP (Current USD)
$1.53 trillion
↓ 1.83% vs 2015GDP per Capita
$42,314.06
↓ 2.94% vs 2015GDP Growth (Annual %)
1.04%
↑ 0.39pp vs 2015Inflation Rate (CPI %)
1.43%
↑ 0.30pp vs 2015Year-over-Year Comparison
| Indicator | 2015 | 2016 | Change |
|---|---|---|---|
| GDP (Current USD) | $1.56 trillion | $1.53 trillion | -1.83% |
| GDP per Capita | $43,594.19 | $42,314.06 | -2.94% |
| GDP Growth (Annual %) | 0.65% | 1.04% | +0.39pp |
| Inflation (CPI %) | 1.13% | 1.43% | +0.30pp |
| Unemployment Rate (%) | 6.95% | 7.04% | +0.09pp |
All Economic Indicators (2016)
National Accounts
- GDP (Current USD)
- $1.53 trillion
- GDP per Capita
- $42,314.06
- GDP Growth (Annual %)
- 1.04%
- Gross National Income
- $1.51 trillion
Prices & Employment
- Inflation (CPI %)
- 1.43%
- Inflation (GDP Deflator %)
- 0.72%
- Unemployment Rate (%)
- 7.04%
- Interest Rate (Real %)
- 1.97%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -3.09%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2016, Canada's Gross Domestic Product (GDP) is $1.53 trillion. This represents the total value of goods and services produced in the country.
The GDP per capita in Canada for 2016 is $42,314.06. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Canada for 2016 is 1.43%. This measures the annual percentage change in the cost of consumer goods and services.
Canada's annual GDP growth rate for 2016 is 1.04%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Canada for 2016 is 7.04%. This represents the percentage of the labor force that is unemployed and actively seeking employment.