GDP in local currency terms reached 2,304 CAD bil in 2019 in Canada, according to the National Statistical Office. This is 3.60 % more than in the previous year.
Historically, GDP in local currency terms in Canada reached an all time high of 2,304 CAD bil in 2019 and an all time low of 39.9 CAD bil in 1960. When compared to Canada's main peers, GDP in local currency terms in Australia amounted to 1,995 AUD bil, 24,238 MXN bil in Mexico, 2,216 GBP bil in United Kingdom and 21,433 USD bil in USA in 2019.
Canada has been ranked 79th within the group of 174 countries we follow in terms of GDP in local currency terms, 6 places behind the position seen 10 years ago.
GDP at purchaser's prices is the sum of the gross value added to the economy by all resident producers, plus any product taxes and minus any subsidies not included in the value of the products.