List of Canadian provinces and territories by gross domestic product
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This article lists Canadian provinces and territories by gross domestic product. As of 2005, Canada has a total gross domestic product (GDP) of C$1.368 trillion or (at purchasing power parity (PPP)) roughly US$1.105 trillion, ranking 11th in the world. GDP per capita — essentially total GDP divided by population — for Canada is C$42 402 or US$34 273, ranking 7th worldwide.
While Canada’s ten provinces and three territories exhibit high GDPs, there is wide variation among them. Ontario, the country's most populous province, is a manufacturing and trade locus with extensive linkages to the northeastern and midwestern United States; if compared to countries, Ontario's GDP would rank 25th largest in the world. Conversely, territorial GDPs are comparable to those of smaller island nations and, in turn, smaller than many larger Canadian cities and towns.
There is also variation among provincial and territorial GDPs per capita. Alberta’s very high GDP per capita, which is more than double that of Prince Edward Island (the province with the lowest GDP per capita), is largely the result of its oil industry. To equilibrate these disparities and enable comparable service delivery nationwide, the federal government pools and transfers moneys through equalization payments from the ‘have’ provinces (those with above average economies) — namely Ontario and Alberta — to ‘have-not’ ones (those having below average economies). In absolute terms, Quebec is a major long-standing recipient of equalization. In the last decade, British Columbia and Saskatchewan have both subsidized and received equalization. Newfoundland and Labrador, traditionally a ‘have-not’ province, has undergone a dramatic increase in its GDP in recent years due largely to a number of off-shore oil projects. The territories generally exhibit higher GDP per capita values, attributable to heightened federal transfers that accommodate for the high costs of living amidst the inclement Arctic climate of northern Canada.
Listings
Consolidated
A consolidated table listing total GDP (expenditure-based), population, and per capita GDP; subnational entities are ordered alphabetically.
| Province or territory, with flag | GDP (million C$, 2005) | Population (2005) Population figures as of 1 July 2005 | GDP per capita (C$, 2005) |
|---|---|---|---|
Alberta | 215 858 | 3 256 800 | 66 279 |
British Columbia | 168 011 | 4 254 500 | 39 490 |
Manitoba | 41 933 | 1 177 600 | 35 609 |
New Brunswick | 23 727 | 752 000 | 31 552 |
Newfoundland and Labrador | 21 534 | 516 000 | 41 733 |
''
Northwest Territories'' | 4 083 | 43 000 | 94 953 |
Nova Scotia | 31 451 | 937 900 | 33 533 |
''
Nunavut'' | 1 101 | 30 000 | 36 700 |
Ontario | 537 604 | 12 541 400 | 42 866 |
Prince Edward Island | 4 142 | 138 100 | 29 993 |
Quebec | 274 863 | 7 598 100 | 36 175 |
Saskatchewan | 42 490 | 994 100 | 42 742 |
''
Yukon'' | 1 522 | 31 000 | 49 097 |
Canada | 1 368 319 | 32 270 500 | 42 402 |
Ordered by GDP
Canadian provinces and territories are listed in descending order of GDP. For each, after currency conversion, comparable countries (per the International Monetary Fund in 2005) are listed.
| Rank | Province or territory, with flag | GDP (2005) | Comparable country | |||
|---|---|---|---|---|---|---|
| All | Territory | million C$ | % of total | |||
| 1 | – |
Ontario | 537 604 | 39.29 | Philippines | |
| 2 | – |
Quebec | 274 863 | 20.09 | Switzerland | |
| 3 | – |
Alberta | 215 858 | 15.78 | Nigeria | |
| 4 | – |
British Columbia | 168 011 | 12.28 | Morocco | |
| 5 | – |
Saskatchewan | 42 490 | 3.11 | Uruguay | |
| 6 | – |
Manitoba | 41 933 | 3.06 | Uruguay | |
| 7 | – |
Nova Scotia | 31 451 | 2.30 | Bolivia | |
| 8 | – |
New Brunswick | 23 727 | 1.73 | Guinea | |
| 9 | – |
Newfoundland and Labrador | 21 534 | 1.57 | Cyprus | |
| 10 | – |
Prince Edward Island | 4 142 | 0.30 | Guyana | |
| 11 | 1 | ''
Northwest Territories'' | 4 083 | 0.30 | Guyana | |
| 12 | 2 | ''
Yukon'' | 1 522 | 0.11 | Guinea-Bissau | |
| 13 | 3 | ''
Nunavut'' | 1 101 | 0.08 | Solomon Islands | |
Canada | 1 368 319 | 100 | ||||
Ordered by GDP per capita
Canadian provinces and territories are listed in descending order of GDP per capita. For each, after currency conversion, comparable countries in 2005 are listed.
| Rank | ProvinceBold indicates current ‘have’ provinces or territory, with flag | GDP per capita (C$, 2005) | Comparable country (by nominal GDP per capita) | ||||
|---|---|---|---|---|---|---|---|
| All | Province | Territory | |||||
| 1 | – | 1 | ''
Northwest Territories'' | 94 953 | Luxembourg | ||
| 2 | 1 | – | '''
Alberta''' | 66 279 | Norway | ||
| 3 | – | 2 | ''
Yukon'' | 49 097 | United States | ||
| 4 | 2 | – | '''
Ontario''' | 42 866 | Netherlands | ||
| 5 | 3 | – |
Saskatchewan | 42 742 | Netherlands | ||
| 6 | 4 | – |
Newfoundland and Labrador | 41 733 | Austria | ||
| 7 | 5 | – |
British Columbia | 39 490 | Belgium | ||
| 8 | – | 3 | ''
Nunavut'' | 36 700 | France | ||
| 9 | 6 | – |
Quebec | 36 175 | France | ||
| 10 | 7 | – |
Manitoba | 35 609 | Italy | ||
| 11 | 8 | – |
Nova Scotia | 33 533 | Italy | ||
| 12 | 9 | – |
New Brunswick | 31 552 | United Arab Emirates | ||
| 13 | 10 | – |
Prince Edward Island | 29 993 | Singapore | ||
Canada | 42 402 | ||||||
Notes
References
- GDP (totals): [Statistics Canada], accessed 27 April 2006
- population: [Statistics Canada], accessed 27 April 2006
- [Department of Finance Canada: Equalization Program]
See also
| Provinces and territories of Canada |
|
|---|---|
| Provinces: British Columbia | Alberta | Saskatchewan | Manitoba | Ontario | Quebec | New Brunswick Nova Scotia | Prince Edward Island | Newfoundland and Labrador | |
| Territories: Yukon | Northwest Territories | Nunavut | |
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