The Economics and Statistics Division maintains archives of previous publications for accountability purposes, but makes no updates to keep these documents current with the latest data revisions from Statistics Canada. As a result, information in older documents may not be accurate. Please exercise caution when referring to older documents. For the latest information and historical data, please contact the individual listed to the right.
<--- Return to Archive
For additional information relating to this article, please contact:
December 23, 2022CANADA GDP BY INDUSTRY, OCTOBER 2022 Month-over-month (October 2022 vs September 2022)
Real Gross Domestic Product (GDP) in Canada edged up slightly (+0.1%) to an annualized value of $2,074 billion (chained 2012 dollars at basic prices) in October 2022. This was the seventh consecutive month of growth ranging between 0.1% and 0.3%.
Canada's goods-producing sector output declined 0.7% from September to October 2022 with declines particularly concentrated in mining, oil and gas (-1.6%), utilities (-1.3%), manufacturing (-0.7%) and slightly down in construction (-0.03%). Real GDP from Canada's agriculture/forestry/fishing industry was up.
Real GDP in Canada's services-producing industries was up 0.3% from September to October. Arts/entertainment/recreation real GDP was up 2.2% as well as accommodation/food services (+1.0%) and wholesale trade (+1.3%). Transportation/warehousing increased 0.8% as well as public administration (+0.6%) and professional/technical (+0.5%). Real GDP was down for company management (-3.8%), and information and culture (-0.2%). Real GDP was also down for finance and insurance (-0.1%), retail (-0.1%) and administration and support services (-0.1%).
Year-to-Date (January-October 2022 vs January-October 2021)
The Canadian economy was 4.0% larger in the first ten months of 2022 when compared to the same period in 2021.
Real GDP from goods producing industries was up 3.7% with faster gains in natural resources industries.
Real GDP from services-producing industries was up 4.1% with year-to-date gains in all industries except management of companies (-24.7%). The strongest increases were in arts/entertainment/recreation (+43.2%) as well as accommodation and food services (+26.7%). There were notable increases in personal/repair services (+9.8%), transportation/warehousing (+9.5%), professional/technical services (+7.7%), as well as information/cultural industries (+4.7%).
Source: Statistics Canada, Table 36-10-0434-01 Gross domestic product (GDP) at basic prices, by industry, monthly (x 1,000,000)
<--- Return to Archive
