Canada’s economy explained. Canada is the 9th largest economy in the world in terms of nominal GDP. Economic overview of Canada. Canada’s labor market, standard of living, trade balance in goods and services, significance of exports and imports for the Canadian economy, the country’s trading partners, government debt, as well as Canada’s real GDP growth rate are presented.

GDP = C + I + G + NX (Gross Domestic Product = Consumption + Investment + Government spending + Net Exports)

GNI (Gross National Income), 2 min explanation [ Ссылка ] Sources:

GDP (current US$, 2020):
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Population
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GNI per capita, Atlas method (2020, current US$):
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Unemployment Rate
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Employment in agriculture, industry and services
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Exports, Imports, Trade balance - 2020 data derived from the ITC (International Trade Centre):
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Canada Government Budget
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Economic Growth International Monetary Fund - World Economic Outlook, July 2021: Fault Lines Widen in the Global Recovery
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