LIST OF CANADIAN PROVINCES AND TERRITORIES BY GROSS DOMESTIC PRODUCT


This article 'lists Canadian provinces and territories by gross domestic product'. As of 2006, Canada has a total gross domestic product (GDP) of C$1.439 trillion or (at purchasing power parity (PPP)) roughly US$1.164 trillion, ranking 12th in the world. GDP per capita — essentially total GDP divided by population — for Canada is C$44,109 or US$35,778, ranking 7th worldwide.
While Canada’s ten provinces and three territories exhibit high GDPs, there is wide variation among them. Ontario, the country's most populous province, is a manufacturing and trade locus with extensive linkages to the northeastern and midwestern United States; if compared to countries, Ontario's GDP would rank 25th largest in the world. Conversely, territorial GDPs are comparable to those of smaller island nations and, in turn, smaller than many larger Canadian cities and towns.
There is also variation among provincial and territorial GDPs per capita. Largely the result of its oil industry, Alberta’s very high GDP per capita is more than double that of Prince Edward Island, the province with the lowest GDP per capita. To equilibrate these disparities and enable comparable service delivery nationwide, the federal government pools and transfers moneys through equalization payments from the ‘have’ provinces (those with above average economies) — namely Ontario and Alberta — to ‘have-not’ ones (those having below average economies). In absolute terms, Quebec is a major long-standing recipient of equalization. In the last decade, British Columbia and Saskatchewan have both subsidized and received equalization. Newfoundland and Labrador, traditionally a ‘have-not’ province, has undergone a dramatic increase in its GDP in recent years due largely to a number of off-shore oil projects. The territories generally exhibit higher GDP per capita values, attributable to heightened federal transfers that accommodate for the high costs of living amidst the inclement Arctic climate of northern Canada.
__TOC__

Contents
Listings
Real GDP
Consolidated
Ordered by GDP
Ordered by GDP per capita
Notes
References
See also

Listings


Real GDP

'Real gross domestic product, expenditure-based, by province and territory 2001 and 2006'
Plus percent of TOTAL GDP 2006 for each jurisdiction, real growth in dollars, percent of total growth'

''(millions of chained (1997) C$ sorted by GDP 2006, descending)''
Province or ''territory'' GDP
2001
% of
2001
GDP
GDP
2006
% of
2006
GDP
Real
Growth
% of
TOTAL
Growth
436762 42.31 '493126' 41.46 56364 35.80
218626 21.18 '242039' 20.35 23413 14.87
123250 11.94 '152670' 12.83 29420 18.69
125924 12.20 '150741' 12.67 24817 15.56
33111 3.21 '37052' 3.11 3941 2.50
30953 3.00 '34292' 2.88 3339 2.12
23700 2.23 '25814' 2.17 2114 1.34
19257 1.87 '21773' 1.83 2516 1.60
12515 1.21 '15719' 1.32 3204 2.04
'' 2924 0.28 '4103' 0.35 1179 0.75
3078 0.30 '3505' 0.29 427 0.27
'' 1161 0.11 '1285' 0.11 124 0.08
'' 847 0.08 '926' 0.07 79 0.05
'TOTAL'
1032108 100.00 '1189535' 100.00 157427 100.00

'Derived from:' Statistics Canada - Real gross domestic product, 2002-2006[1]
Consolidated

A consolidated table listing total GDP (expenditure-based), population, and per capita GDP; subnational entities are ordered alphabetically.
Province or ''territory'' GDP
(million C$, 2006)
Population
(2006)
GDP per capita
(C$, 2006)
235593 3375800 69789
179701 4310500 41689
44757 1177800 38001
25221 749200 33664
24897 509200 47520
'' ''4103'' ''41900'' ''97923''
31966 934400 34210
'' ''1213'' ''30800'' ''39383''
556282 12687000 43847
4332 138500 31278
284158 7651500 37138
45051 985400 45718
'' ''1596'' ''31200'' ''51154''
Canada
1439291 32623500 44118


Source: Statistics Canada: GDP (totals)[2], Population[3]
Ordered by GDP

Canadian provinces and territories are listed in descending order of GDP. For each, after currency conversion, comparable countries (per the International Monetary Fund in 2006) are listed.
Rank Province or ''territory'',
with flag
GDP (2006) Comparable country
All ''Territory'' million C$ % of total
1 – 556282 38.65 Poland
2 – 284158 29.74 Sweden
3 – 235593 16.37 Austria
4 – 179701 12.49 Peru
5 – 45051 3.13 Cameroon
6 – 44757 3.11 Oman
7 – 31966 2.22 Latvia
8 – 25221 1.75 Bosnia and Herzegovina
9 – 24897 1.73 Panama
10 – 4332 0.30 Netherlands Antilles
11 ''1'' '' ''4103'' ''0.28'' Eritrea
12 ''2'' '' ''1596'' ''0.11'' Samoa
13 ''3'' '' ''1213'' ''0.08'' Guinea-Bissau
Canada
1368319 100

Ordered by GDP per capita

Canadian provinces and territories are listed in descending order of GDP (PPP) per capita. For each, after currency conversion, comparable countries in 2006 are listed.
Rank Province or ''territory'',
with flag
GDP (PPP)
per capita
(C$, 2005)
Comparable country[4]
All Province ''Territory''
1 – ''1'' '' ''97923'' Luxembourg
2 1 – 69789 Norway
3 – ''2'' '' ''51154'' Norway
4 2 – 47520 Norway
5 3 – 45718 United States
6 4 – 43847 Republic of Ireland
7 5 – 41689 Iceland
8 – ''3'' '' ''39383'' Iceland
9 6 – 38001 Denmark
10 7 – 37138 Hong Kong, SAR
11 8 – 34210 Belgium
12 9 – 33664 Japan
13 10 – 31278 Singapore
Canada
44118

Notes


1.
2.
3.
4. The purchasing power parity for each province or territory has not been taken into account and may vary widely between provinces or territories. Therefore, the comparison between a province or territory to a listed country based on purchasing power may not be accurate.


References



:
Department of Finance Canada: Equalization Program

See also



Economy of Canada

★ [[1]]

★ [[2]]


This article provided by Wikipedia. To edit the contents of this article, click here for original source.

psst.. try this: add to faves