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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 dollar|C$" target="_blank" >*1.368 trillion or (at purchasing power parity (PPP)) roughly States dollar|US$" target="_blank" >*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.

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Listings


Consolidated

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

Canada
Province or territory,
with flag
GDP
(million C$, 2005)
Population
(2005) Population figures as of 1 July 2005
GDP per capita
(C$, 2005)
215 858 3 256 800 66 279
168 011 4 254 500 39 490
41 933 1 177 600 35 609
23 727 752 000 31 552
21 534 516 000 41 733
4 083 43 000 94 953
31 451 937 900 33 533
1 101 30 000 36 700
537 604 12 541 400 42 866
4 142 138 100 29 993
274 863 7 598 100 36 175
42 490 994 100 42 742
1 522 31 000 49 097
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.

Canada
Rank Province or territory,
with flag
GDP (2005) Comparable country
All Territory million C$ % of total
1 537 604 39.29 Philippines
2 274 863 20.09 Switzerland
3 215 858 15.78 Nigeria
4 168 011 12.28 Morocco
5 42 490 3.11 Uruguay
6 41 933 3.06 Uruguay
7 31 451 2.30 Bolivia
8 23 727 1.73 Guinea
9 21 534 1.57 Cyprus
10 4 142 0.30 Guyana
11 1 4 083 0.30 Guyana
12 2 1 522 0.11 Guinea-Bissau
13 3 1 101 0.08 Solomon Islands
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.

Canada
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 94 953 Luxembourg
2 1 66 279 Norway
3 2 49 097 United States
4 2 42 866 Netherlands
5 3 42 742 Netherlands
6 4 41 733 Austria
7 5 39 490 Belgium
8 3 36 700 France
9 6 36 175 France
10 7 35 609 Italy
11 8 33 533 Italy
12 9 31 552 United Arab Emirates
13 10 29 993 Singapore
42 402

Notes

References


See also


Economy of Canada | Lists of subnational entities | Provinces and territories of Canada

 

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

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