Canada 2020
Detailed economic analysis and indicators for 2020
Key Economic Indicators (2020)
GDP (Current USD)
$1.66 trillion
↓ 5.05% vs 2019GDP per Capita
$43,537.84
↓ 6.07% vs 2019GDP Growth (Annual %)
-5.04%
↓ 6.95pp vs 2019Inflation Rate (CPI %)
0.72%
↓ 1.23pp vs 2019Year-over-Year Comparison
| Indicator | 2019 | 2020 | Change |
|---|---|---|---|
| GDP (Current USD) | $1.74 trillion | $1.66 trillion | -5.05% |
| GDP per Capita | $46,352.87 | $43,537.84 | -6.07% |
| GDP Growth (Annual %) | 1.91% | -5.04% | -6.95pp |
| Inflation (CPI %) | 1.95% | 0.72% | -1.23pp |
| Unemployment Rate (%) | 5.69% | 9.66% | +3.97pp |
All Economic Indicators (2020)
National Accounts
- GDP (Current USD)
- $1.66 trillion
- GDP per Capita
- $43,537.84
- GDP Growth (Annual %)
- -5.04%
- Gross National Income
- $1.64 trillion
Prices & Employment
- Inflation (CPI %)
- 0.72%
- Inflation (GDP Deflator %)
- 1.07%
- Unemployment Rate (%)
- 9.66%
- Interest Rate (Real %)
- N/A
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)
- -2.01%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2020, Canada's Gross Domestic Product (GDP) is $1.66 trillion. This represents the total value of goods and services produced in the country.
The GDP per capita in Canada for 2020 is $43,537.84. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Canada for 2020 is 0.72%. This measures the annual percentage change in the cost of consumer goods and services.
Canada's annual GDP growth rate for 2020 is -5.04%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Canada for 2020 is 9.66%. This represents the percentage of the labor force that is unemployed and actively seeking employment.