List of Canadian provinces and territories by gross domestic product

List of Canadian provinces and territories by gross domestic product
This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "List_of_Canadian_provinces_and_territories_by_gross_domestic_product".

This article lists Canadian provinces and territories by gross domestic product. As of 2006, Canada has a total gross domestic product (GDP) of C$1.439 trillion ranking 8th in the world or (at purchasing power parity (PPP) roughly US$1.164 trillion, ranking 12th in the world. GDP per capita — essentially total GDP divided by population — for Canada is C$44,109 or US$35,778, 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. Largely the result of its oil industry, Alberta’s very high GDP per capita is more than double that of Prince Edward Island, the province with the lowest GDP per capita. 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 and will be off equalization by the end of the 2008 fiscal year. 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.

content

1 Listings
2 References
3 See also

Listings

Real GDP

Real gross domestic product, expenditure-based, by province and territory 2001 and 2006 Plus percent of TOTAL GDP 2006 for each jurisdiction, real growth in dollars, percent of total growth
(millions of chained (1997) C$ sorted by GDP 2006, descending)

Province or territory	GDP 2001	% of 2001 GDP	GDP 2006	% of 2006 GDP	Real Growth	% of TOTAL Growth
Ontario	&0000000000436762.000000436,762	42.31	&0000000000493126.000000493,126	41.46	&0000000000056364.00000056,364	35.80
Quebec	&0000000000218626.000000218,626	21.18	&0000000000242039.000000242,039	20.35	&0000000000023413.00000023,413	14.87
Alberta	&0000000000123250.000000123,250	11.94	&0000000000152670.000000152,670	12.83	&0000000000029420.00000029,420	18.69
British Columbia	&0000000000125924.000000125,924	12.20	&0000000000150741.000000150,741	12.67	&0000000000024817.00000024,817	15.56
Manitoba	&0000000000033111.00000033,111	3.21	&0000000000037052.00000037,052	3.11	&0000000000003941.0000003,941	2.50
Saskatchewan	&0000000000030953.00000030,953	3.00	&0000000000034292.00000034,292	2.88	&0000000000003339.0000003,339	2.12
Nova Scotia	&0000000000023700.00000023,700	2.23	&0000000000025814.00000025,814	2.17	&0000000000002114.0000002,114	1.34
New Brunswick	&0000000000019257.00000019,257	1.87	&0000000000021773.00000021,773	1.83	&0000000000002516.0000002,516	1.60
Newfoundland and Labrador	&0000000000012515.00000012,515	1.21	&0000000000015719.00000015,719	1.32	&0000000000003204.0000003,204	2.04
Northwest Territories	&0000000000002924.0000002,924	0.28	&0000000000004103.0000004,103	0.35	&0000000000001179.0000001,179	0.75
Prince Edward Island	&0000000000003078.0000003,078	0.30	&0000000000003505.0000003,505	0.29	&0000000000000427.000000427	0.27
Yukon	&0000000000001161.0000001,161	0.11	&0000000000001285.0000001,285	0.11	&0000000000000124.000000124	0.08
Nunavut	&0000000000000847.000000847	0.08	&0000000000000926.000000926	0.07	&0000000000000079.00000079	0.05
TOTAL	&0000000001032108.0000001,032,108	100.00	&0000000001189535.0000001,189,535	100.00	&0000000000157427.000000157,427	100.00

Derived from: Statistics Canada - Real gross domestic product, 2002-2006^[1]

Consolidated

A consolidated table listing total GDP (expenditure-based), population, and per capita GDP; subnational entities are ordered alphabetically.

Province or territory	GDP (million C$, 2006)	Population (2006)	GDP per capita (C$, 2006)
Alberta	&0000000000235593.000000235,593	&0000000003375800.0000003,375,800	&0000000000069789.00000069,789
British Columbia	&0000000000179701.000000179,701	&0000000004310500.0000004,310,500	&0000000000041689.00000041,689
Manitoba	&0000000000044757.00000044,757	&0000000001177800.0000001,177,800	&0000000000038001.00000038,001
New Brunswick	&0000000000025221.00000025,221	&0000000000749200.000000749,200	&0000000000033664.00000033,664
Newfoundland and Labrador	&0000000000024897.00000024,897	&0000000000509200.000000509,200	&0000000000047520.00000047,520
Northwest Territories	&0000000000004103.0000004,103	&0000000000041900.00000041,900	&0000000000097923.00000097,923
Nova Scotia	&0000000000031966.00000031,966	&0000000000934400.000000934,400	&0000000000034210.00000034,210
Nunavut	&0000000000001213.0000001,213	&0000000000030800.00000030,800	&0000000000039383.00000039,383
Ontario	&0000000000556282.000000556,282	&0000000012687000.00000012,687,000	&0000000000043847.00000043,847
Prince Edward Island	&0000000000004332.0000004,332	&0000000000138500.000000138,500	&0000000000031278.00000031,278
Quebec	&0000000000284158.000000284,158	&0000000007651500.0000007,651,500	&0000000000037138.00000037,138
Saskatchewan	&0000000000045051.00000045,051	&0000000000985400.000000985,400	&0000000000045718.00000045,718
Yukon	&0000000000001596.0000001,596	&0000000000031200.00000031,200	&0000000000051154.00000051,154
Canada	&0000000001439291.0000001,439,291	&0000000032623500.00000032,623,500	&0000000000044118.00000044,118

Source: Statistics Canada: GDP (totals)^[2], Population^[3]

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 2006) are listed.

Rank		Province or territory, with flag	GDP (2006)		Comparable country
All	Territory	Province or territory, with flag	million C$	% of total	Comparable country
1	–	Ontario	&0000000000556282.000000556,282	38.65	Philippines
2	–	Quebec	&0000000000284158.000000284,158	19.74	Hong Kong SAR
3	–	Alberta	&0000000000235593.000000235,593	16.37	Czech Republic
4	–	British Columbia	&0000000000179701.000000179,701	12.49	Nigeria
5	–	Saskatchewan	&0000000000045051.00000045,051	3.16	Kenya
6	–	Manitoba	&0000000000044757.00000044,757	3.11	Cambodia
7	–	Nova Scotia	&0000000000031966.00000031,966	2.22	Côte d'Ivoire
8	–	New Brunswick	&0000000000025221.00000025,221	1.75	Botswana
9	–	Newfoundland and Labrador	&0000000000024897.00000024,897	1.73	Estonia
10	–	Prince Edward Island	&0000000000004332.0000004,332	0.30	Eritrea
11	1	Northwest Territories	&0000000000004103.0000004,103	0.28	Guyana
12	2	Yukon	&0000000000001596.0000001,596	0.11	Seychelles
13	3	Nunavut	&0000000000001213.0000001,213	0.08	Samoa
		Canada	&0000000001438870.0000001,438,870	100

Ordered by GDP per capita

Canadian provinces and territories are listed in descending order of GDP (PPP) per capita. For each, after currency conversion, comparable countries in 2006 are listed.

Rank			Province or territory, with flag	GDP (PPP) per capita (C$, 2005)	Comparable country^[4]
All	Province	Territory	Province or territory, with flag	GDP (PPP) per capita (C$, 2005)	Comparable country^[4]
1	–	1	Northwest Territories	&0000000000097923.00000097,923	Luxembourg
2	1	–	Alberta	&0000000000069789.00000069,789	Norway
3	–	2	Yukon	&0000000000051154.00000051,154	Norway
4	2	–	Newfoundland and Labrador	&0000000000047520.00000047,520	Norway
5	3	–	Saskatchewan	&0000000000045718.00000045,718	United States
6	4	–	Ontario	&0000000000043847.00000043,847	Republic of Ireland
7	5	–	British Columbia	&0000000000041689.00000041,689	Iceland
8	–	3	Nunavut	&0000000000039383.00000039,383	Iceland
9	6	–	Manitoba	&0000000000038001.00000038,001	Denmark
10	7	–	Quebec	&0000000000037138.00000037,138	Hong Kong, SAR
11	8	–	Nova Scotia	&0000000000034210.00000034,210	Belgium
12	9	–	New Brunswick	&0000000000033664.00000033,664	Japan
13	10	–	Prince Edward Island	&0000000000031278.00000031,278	Singapore
			Canada	&0000000000044118.00000044,118

Notes

^ Statistics Canada (April 2007). "Real gross domestic product, 2002-2006". Retrieved on 2007-07-27.
^ Statistics Canada (April 2007). "Gross domestic product, expenditure-based, by province and territory". Retrieved on 2007-07-27.
^ Statistics Canada (October 2006). "Population by year, by province and territory". Retrieved on 2007-07-27.
^ The purchasing power parity for each province or territory has not been taken into account and may vary widely between provinces or territories. Therefore, the comparison between a province or territory to a listed country based on purchasing power may not be accurate.

References

Department of Finance Canada: Equalization Program

Contents