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Canada GDP Per Capita (2026)

Latest Update: September 2026
Source: IMF
Canada has a highly developed economy supported by services, energy, mining, manufacturing, finance, technology, construction, and international trade. GDP per capita helps show how the country’s economic output compares with the size of its population and provides useful context beyond total GDP alone. Canada’s combination of natural resources, advanced industries, and strong service activity contributes to its level of production per resident. Explore the latest Canada GDP per capita data, historical trends, long-term changes, and economic comparisons below.
GDP Per Capita 2026
$60,305
Est. in USD
World Rank
#21
Out of 195 countries
Change vs 2025
+8.1%
+$4,540
North America Rank
#2
Out of 23 countries

1. Canada GDP Per Capita in 2026

Canada maintains a high level of economic output per resident, supported by developed infrastructure, a skilled workforce, resource industries, and a broad services sector. GDP per capita adjusts the country’s total production for population size, making it useful for comparisons with both larger and smaller economies. The indicator provides a clearer view of Canada’s population-adjusted economic performance while complementing the broader picture presented by total national GDP.

2. Canada GDP Per Capita Growth (1980–2026)

3. Canada GDP Per Capita (Historical Data)

Year GDP Per Capita (USD) Annual Change
2026 $60,305 +8.1%
2025 $55,765 +1.0%
2024 $55,209 +0.4%
2023 $55,002 -2.8%
2022 $56,609 +7.0%
2021 $52,908 +21.4%
2020 $43,573 -6.2%
2019 $46,431 -0.4%
2018 $46,618 +3.2%
2017 $45,192 +6.6%

4. Canada GDP Per Capita Growth

1-Year Change
+8.1%
(2025 to 2026)
5-Year Change
+14.0%
(2021 to 2026)
10-Year Change
+42.3%
(2016 to 2026)
20-Year Change
+48.7%
(2006 to 2026)
Canada’s GDP per capita has generally followed a long-term upward path, although annual movements can be influenced by commodity prices, business investment, inflation, exchange rates, population growth, and domestic demand. Energy and resource markets can play an especially important role in some periods. Reviewing historical GDP per capita data helps reveal how economic output per resident has developed across different phases of growth, slowdown, and economic adjustment.

5. Canada GDP Per Capita vs North America and World

Canada
$60,305
North America Average
$30,373
World Average
$25,179
$0 $30,153 $60,305
USD
Canada’s GDP per capita is approximately 98.6% above the North America average and 139.5% above the world average.

6. Canada GDP Per Capita Ranking in North America

Rank Country GDP Per Capita (USD)
#1 United States $94,430
#2 Canada $60,305
#3 Bahamas $40,892
#4 Barbados $29,020
#5 Antigua and Barbuda $22,448
#6 Saint Kitts & Nevis $22,146
#7 Panama $20,564

7. GDP vs GDP Per Capita in Canada

Canada GDP (Nominal)
$2.51 Trillion
(2026)
Canada GDP Per Capita
$60,305
(2026)
Canada’s total GDP measures the complete value of economic activity generated across the country, while GDP per capita adjusts that production for the size of the population. Total GDP highlights Canada’s overall economic scale, whereas GDP per capita provides a more standardized measure of output per resident. Looking at both indicators together gives a fuller understanding of the country’s national economic strength and population-adjusted performance.
Explore more: Canada GDP

8. Canada GDP Per Capita Forecast

Year GDP Per Capita (USD) Change
2027 $63,468 +5.2%
2028 $66,123 +4.2%
2029 $68,607 +3.8%
2030 $71,028 +3.5%
Canada GDP per capita is projected to reach $71,028 by 2030, representing a 17.8% increase from the 2026 level.

9. Canada GDP Per Capita: Key Findings

Canada GDP per capita is estimated at $60,305 in 2026.
It ranks #21 globally and #2 in North America.
GDP per capita increased by 8.1% compared with 2025.
Over the last 5 years, GDP per capita grew by 14.0%.
Over the last 10 years, GDP per capita grew by 42.3%.
It is approximately 98.6% above the North America average.
It is approximately 139.5% above the world average.
The forecast reaches $71,028 by 2030, 17.8% above the 2026 level.

10. What Is GDP Per Capita?

GDP per capita is the total economic output of a country divided by its population.
GDP Per Capita = GDP ÷ Population
It helps measure the average economic output per person and is widely used to compare economic performance across countries. Higher values generally indicate greater economic output per resident.

11. Methodology and Data Sources

Additional Sources: World Bank, United Nations
Population Source: UN Population Division
Currency: Current USD (Nominal)
Update Frequency: Annually
Last Updated: September 2026

12. Canada GDP Per Capita FAQs

Canada GDP per capita is estimated at $60,305 in 2026.
Canada ranks #21 globally and #2 in North America by GDP per capita.
Yes. GDP per capita increased by approximately 8.1% compared with 2025.
Canada GDP per capita was approximately $43,628 in 2015.
Canada GDP per capita is approximately 98.6% above the North America average.
Disclaimer: All data are estimates based on IMF, World Bank, United Nations and related economic datasets. Figures may differ from official national statistics.