Canada - GDP per capita (current US$) 1960 - 2022
Canada's gdp per capita (current us$) is currently $54,966.49 USD (United States dollar) according to the most recent World Bank data for the country (2022).
Definition
GDP per capita is determined by dividing the gross domestic product by the population at midyear. GDP represents the total value generated by resident producers within the economy, inclusive of product taxes and excluding subsidies not factored into product value. This calculation does not consider deductions for asset depreciation, depletion, or degradation of natural resources. The data is presented in current U.S. dollars.- Canada's gdp per capita (current us$) for 2022 was $54,966.49, a 4.98% increase from 2021, with a +$2,607 difference.
- In 2021 it was $52,358.62, a 20.78% increase from 2020, with a +$9,008 difference.
- In 2020 it was $43,349.68, a -6.52% increase from 2019.
- In 2019 it was $46,374.15, a -0.37% increase from 2018.
- In 2018 it was $46,547.80, a 3.14% increase from 2017.
Measure: Estimated Value
Average, Lowest, and Highest Recorded Values
The average gdp per capita (current us$), value for Canada is currently $22,729.22 (average of years with recorded data) with a lowest recorded value of $2,240.44 in 1961 and a highest value of $54,966.49 in 2022.For comparison, the world wide [World Bank] aggregate for 1961 was $471.69 and in 2022 it was $12,647.48. Essentially, in 1961, Canada contributed 474.99% to the world wide aggregate. While in 2022 it contributed 434.60% to the aggregate, recording a -8.50% increase in amounts contributed within the 61-year period. Nonetheless, the country recorded a 2,353.38% increase in gdp per capita (current us$) within the same period.
Canada's GDP per capita (current US$) - Historical Data
| Year | GDP per capita (current US$) | Average Growth Rate (%) |
|---|---|---|
| 1960 | $2,259.29 | |
| 1961 | $2,240.44 | -0.83% |
| 1962 | $2,268.58 | 1.26% |
| 1963 | $2,374.48 | 4.67% |
| 1964 | $2,555.13 | 7.61% |
| 1965 | $2,770.36 | 8.42% |
| 1966 | $3,047.04 | 9.99% |
| 1967 | $3,217.15 | 5.58% |
| 1968 | $3,462.69 | 7.63% |
| 1969 | $3,763.93 | 8.70% |
| 1970 | $4,135.82 | 9.88% |
| 1971 | $4,535.35 | 9.66% |
| 1972 | $5,106.74 | 12.60% |
| 1973 | $5,858.39 | 14.72% |
| 1974 | $7,056.58 | 20.45% |
| 1975 | $7,536.82 | 6.81% |
| 1976 | $8,838.69 | 17.27% |
| 1977 | $8,949.11 | 1.25% |
| 1978 | $9,154.76 | 2.30% |
| 1979 | $10,077.29 | 10.08% |
| 1980 | $11,207.95 | 11.22% |
| 1981 | $12,379.00 | 10.45% |
| 1982 | $12,526.96 | 1.20% |
| 1983 | $13,476.97 | 7.58% |
| 1984 | $13,930.84 | 3.37% |
| 1985 | $14,170.05 | 1.72% |
| 1986 | $14,521.48 | 2.48% |
| 1987 | $16,377.91 | 12.78% |
| 1988 | $19,012.56 | 16.09% |
| 1989 | $20,795.17 | 9.38% |
| 1990 | $21,526.35 | 3.52% |
| 1991 | $21,846.30 | 1.49% |
| 1992 | $20,949.93 | -4.10% |
| 1993 | $20,186.99 | -3.64% |
| 1994 | $19,997.62 | -0.94% |
| 1995 | $20,678.95 | 3.41% |
| 1996 | $21,296.63 | 2.99% |
| 1997 | $21,901.59 | 2.84% |
| 1998 | $21,024.51 | -4.00% |
| 1999 | $22,315.17 | 6.14% |
| 2000 | $24,271.00 | 8.76% |
| 2001 | $23,821.45 | -1.85% |
| 2002 | $24,255.34 | 1.82% |
| 2003 | $28,300.46 | 16.68% |
| 2004 | $32,143.68 | 13.58% |
| 2005 | $36,382.51 | 13.19% |
| 2006 | $40,504.06 | 11.33% |
| 2007 | $44,659.90 | 10.26% |
| 2008 | $46,710.51 | 4.59% |
| 2009 | $40,876.31 | -12.49% |
| 2010 | $47,562.08 | 16.36% |
| 2011 | $52,223.70 | 9.80% |
| 2012 | $52,669.09 | 0.85% |
| 2013 | $52,635.17 | -0.06% |
| 2014 | $50,956.00 | -3.19% |
| 2015 | $43,596.14 | -14.44% |
| 2016 | $42,315.60 | -2.94% |
| 2017 | $45,129.43 | 6.65% |
| 2018 | $46,547.80 | 3.14% |
| 2019 | $46,374.15 | -0.37% |
| 2020 | $43,349.68 | -6.52% |
| 2021 | $52,358.62 | 20.78% |
| 2022 | $54,966.49 | 4.98% |
Expand
Comparison with Countries in the North America Region.
Among countries in the same World Bank North America (NA) region, Canada comes in 3rd with $54,966.50 gdp per capita (current us$).
- Within the same region, Bermuda comes in 1st with $118,846.00, gdp per capita (current us$).
- And United States comes in 2nd with $76,398.60, gdp per capita (current us$).
GDP per capita (current US$), Top 3 Countries in the North America Region.
Top 3 Countries in the North America Region.
| # | Country | GDP per capita (current US$) | Year |
|---|---|---|---|
| 1 | Bermuda | $118,846.00 | 2022 |
| 2 | United States | $76,398.60 | 2022 |
| 3 | Canada | $54,966.50 | 2022 |
Comparison with Countries in the High income Group.
Among countries in the same World Bank High income (HI) group, Canada comes in 21st with $54,966.50 gdp per capita (current us$).
- Within the same income group, Isle of Man comes in 11th with $79,530.60, gdp per capita (current us$).
- United States comes in 12th with $76,398.60.
- Iceland comes in 13th with $72,903.00.
- Faroe Islands comes in 14th with $69,010.20.
- Denmark comes in 15th with $66,983.10.
- Australia comes in 16th with $64,491.40.
- Greenland comes in 17th with $57,116.40.
- Netherlands comes in 18th with $55,985.40.
- Sweden comes in 19th with $55,873.20.
- San Marino comes in 20th with $54,982.50.
- Israel comes in 22nd with $54,659.80.
- United Arab Emirates comes in 23rd with $53,757.90.
- Austria comes in 24th with $52,131.40.
- Finland comes in 25th with $50,536.60.
- Belgium comes in 26th with $49,582.80.
- Hong Kong SAR, China comes in 27th with $48,983.60.
- Germany comes in 28th with $48,432.50.
- New Zealand comes in 29th with $48,249.30.
- United Kingdom comes in 30th with $45,850.40.
- And Kuwait comes in 31st with $43,233.50, gdp per capita (current us$).
GDP per capita (current US$), Top 14 Countries in the High income Group.
Top 14 Countries in the High income Group.
| # | Country | GDP per capita (current US$) | Year |
|---|---|---|---|
| 1 | Monaco | $234,317.00 | 2021 |
| 2 | Liechtenstein | $184,083.00 | 2021 |
| 3 | Luxembourg | $126,426.00 | 2022 |
| 4 | Bermuda | $118,846.00 | 2022 |
| 5 | Norway | $106,149.00 | 2022 |
| 6 | Ireland | $104,039.00 | 2022 |
| 7 | Switzerland | $92,101.50 | 2022 |
| 8 | Cayman Islands | $88,475.60 | 2021 |
| 9 | Qatar | $88,046.30 | 2022 |
| 10 | Singapore | $82,807.60 | 2022 |
| 11 | Isle of Man | $79,530.60 | 2020 |
| 12 | United States | $76,398.60 | 2022 |
| 13 | Iceland | $72,903.00 | 2022 |
| 14 | Faroe Islands | $69,010.20 | 2021 |