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Country Intelligence

Canada

North America

Comprehensive economic, trade, industry and opportunity intelligence for Canada.

Capital Ottawa
Population 38.2 Million
Currency Canadian Dollar (CAD)
Language English, French
Government Federal Parliamentary Democracy
Region North America
Income Level High Income

Key Economic Indicators

Latest Available Data
GDP (Nominal)$2.14 Trillion2024
GDP Growth (Real)1.4%2024
GDP Per Capita$54,9002024
Inflation (CPI)2.3%Apr 2024
Unemployment Rate6.2%May 2024
Population38.2 Million2024
Source: World Bank, IMF, Statistics Canada View More Economic Data

Trade Overview (Goods)

Exports (2023)$592 Billion
Imports (2023)$566 Billion
Trade Balance (2023)$26 Billion
Source: WTO

Top Trading Partners By Total Trade (2023)

  1. 1United States $808B
  2. 2China $121B
  3. 3Mexico $79B
  4. 4Japan $44B
  5. 5Germany $36B
Source: Statistics Canada
  1. 1.Manufacturing
  2. 2.Mining, Oil & Gas
  3. 3.Real Estate
  4. 4.Agriculture & Food
  5. 5.Finance & Insurance
View All Industries
  1. 1.Mineral Fuels$155B
  2. 2.Machinery & Equipment$77B
  3. 3.Vehicles & Parts$69B
  4. 4.Metals & Articles$59B
  5. 5.Agricultural Products$43B
View All Exports
  1. 1.Machinery & Equipment$112B
  2. 2.Mineral Fuels$86B
  3. 3.Electrical & Electronics$54B
  4. 4.Vehicles & Parts$45B
  5. 5.Pharmaceuticals$36B
View All Imports

Market Outlook

Canada's stable economy, skilled workforce, abundant natural resources, and strategic trade partnerships make it a top destination for investment and global business.

Read Full Outlook

Investment Indicators

Latest Available Data
FDI Inflow (2023)$53.4 Billion
FDI Stock (2022)$1.09 Trillion
Ease of Doing Business Rank23 / 190(2020)

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Land Area 9,984,670 km²
Time Zone EST (UTC-5) to PST (UTC-8)
Major Ports Vancouver, Prince Rupert, Montreal, Halifax
Major Airports Toronto (YYZ), Vancouver (YVR), Montreal (YUL)
Internet Users 33.1 Million (2023)
Mobile Subscriptions 42.3 Million (2023)
Source: Statistics Canada, World Bank View More Country Data

Canada On The Map

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