Canada 2021
Detailed economic analysis and indicators for 2021
Key Economic Indicators (2021)
GDP (Current USD)
$2.01 trillion
↑ 21.25% vs 2020GDP per Capita
$52,496.84
↑ 20.58% vs 2020GDP Growth (Annual %)
5.29%
↑ 10.33pp vs 2020Inflation Rate (CPI %)
3.40%
↑ 2.68pp vs 2020Year-over-Year Comparison
| Indicator | 2020 | 2021 | Change |
|---|---|---|---|
| GDP (Current USD) | $1.66 trillion | $2.01 trillion | +21.25% |
| GDP per Capita | $43,537.84 | $52,496.84 | +20.58% |
| GDP Growth (Annual %) | -5.04% | 5.29% | +10.33pp |
| Inflation (CPI %) | 0.72% | 3.40% | +2.68pp |
| Unemployment Rate (%) | 9.66% | 7.53% | -2.13pp |
All Economic Indicators (2021)
National Accounts
- GDP (Current USD)
- $2.01 trillion
- GDP per Capita
- $52,496.84
- GDP Growth (Annual %)
- 5.29%
- Gross National Income
- $1.99 trillion
Prices & Employment
- Inflation (CPI %)
- 3.40%
- Inflation (GDP Deflator %)
- 7.66%
- Unemployment Rate (%)
- 7.53%
- 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)
- -0.02%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2021, Canada's Gross Domestic Product (GDP) is $2.01 trillion. This represents the total value of goods and services produced in the country.
The GDP per capita in Canada for 2021 is $52,496.84. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Canada for 2021 is 3.40%. This measures the annual percentage change in the cost of consumer goods and services.
Canada's annual GDP growth rate for 2021 is 5.29%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Canada for 2021 is 7.53%. This represents the percentage of the labor force that is unemployed and actively seeking employment.