Return to defined footnote 1 referrer.
The following table shows the provincial GDP in chained dollars.For that indicator, The World Bank provides data for Canada from 1960 defined to 2018.It is examined as a measure of the short term stability or instability of the economy.Gross domestic product by industry (GDP) measures the value of output of an industry less the value of intermediate inputs required in the production process.In 2016, growth in the Manufacturing (naics canada 31-33) sector in Canada increased.6 over the previous year while the Canadian Economy level (naics 11-91) increased.4.Evolution: Annual GDP Canada 2018 1,450,936M.Province/territory, yukon., british Columbia 14,821.1 15,154.9 16,034.2.8, newfoundland and Labrador 956.5 984.3 906.4 -7.9, alberta 18,805.8 17,561.2 16,323.1 -7.1.Saskatchewan 4,051.4 3,951.9 4,043.7.3, manitoba 5,510.3 5,350.6 5,404.0.0, northwest Territories.3.3.0 -10.6, nunavut.2.7.6 -1.5 Prince Edward Island 467.9 gross 483.0 495.7.6 Nova Scotia canada 2,455.2 2,499.1 2,570.1.8 New Brunswick 2,788.2 2,942.7 2,948.6.2 Quebec 44,631.6 44,800.0 44,400.5 -0.9.Real and nominal economic growth, stages of economic development.It measures progress or the rate of expansion of the economy's capacity to produce output (goods and services).Related articles, purchasing power parity (PPP) income.Evolution: GDP per capita Canada 2018 39,221 46,261 -2.1.3 2017 40,069 45,224.4.5 2016 38,378 42,447 -2.4 defined -2.7 2015 39,327 43,616.3 -14.4 2014 38,446 50,958 -3.1 -3.4 2013 39,679 52,726 -3.3 -0.1 2012 41,045 52,753.2.9 2011 37,588 52,272.6.8.With benefits to economic growth come costs.Readers should be aware that there are other ways of expressing Gross defined Domestic Product aside from those presented here (e.g. GDP growth is an important economic indicator.

The data are expressed in basic prices and anime presented in chained humrahi 2007 dollars.One cost to economic growth is that in order to increase the consumption possibilities for tomorrow, we have to forego some consumption today.See episode the global rankings password for that indicator or use the country comparator to compare trends over time.Louis; September 4, 2019).It is calculated without making deductions for depreciation of episode fabricated assets or for depletion and degradation of natural resources.In this sense, it is an output-based measure of economic activity and is commonly referred to as cracker the total value-added of an industry.Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates.Expenditure-based and income-based rather maker than by industry; at factor cost and market prices rather than at basic prices and in constant dollars as opposed to chained dollars).Gross domestic product by province/territory, footnote1, value in chained 2007 ( millions) change.The process of chaining removes the effect of changes in price while minimizing indo distortion over time.Dollars in 1960 and a maximum of 1903.3 billion.S.Release: Main Economic Indicators, units: Canadian Dollars, Seasonally Adjusted, frequency: Quarterly. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
The average value for Canada during that period was 1034.9 billion.S.