
Canada's economy is highly developed and resource-rich, supported by strong natural resources, advanced manufacturing, and a large services sector. The energy industryincluding oil, natural gas, and hydroelectricityplays a major role in exports, supplemented by strengths in mining, agriculture, aerospace, and automotive production. Services such as finance, education, and professional industries contribute the largest share of GDP. Challenges include housing affordability and the need for productivity improvements, but ongoing investment in clean energy, technology, and skilled immigration reinforces long-term economic resilience.
World Bank Data. 2000-2024. Last updated Oct 2025.
Refer to the latest year-over-year Canada GDP statistics.
