Canada GDP Growth Rate
1.1%▲ +1.07 pt
Jun 2026 · Quarterly
Canada's real GDP grew 1.13% year-on-year in the second quarter of 2026, accelerating from a 0.06% rise in the prior period. The reading is the highest since the 1.65% recorded in the third quarter of 2025, but remains well below the all-time high of 12.89% in the second quarter of 2021.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 1.1% | 0.1% | 12.9%Jun 2021 | -12.2%Jun 2020 | 1962 – 2026 | Quarterly |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| GDP | $2.32T | $2.27T | $2.32T | $40.6B | Dec 2025 | Annual |
| Industrial Production | 3.4% | 2.6% | 19.6% | -21.6% | Jun 2026 | Monthly |
About this series
GDP Growth Rate in Canada averaged 2.2% from 1962 until 2026, reaching an all-time high of 12.9% in Jun 2021 and a record low of -12.2% in Jun 2020. The series is reported quarterly with history from 1962.
Real GDP growth measures the annual change in the inflation-adjusted value of all goods and services produced in Canada. The indicator is reported quarterly as a year-on-year percentage change. Data are available from the first quarter of 1962.
Source & methodology
We use primary economic sources for every country. See our methodology page for how we source and verify this data.
FAQ