Canada · data to Q2 2026

Is the economy growing?

OK.

Output per person grew 0.6% over the year. Growing, but only just once you count each person.

For context: 0.6% is lower than 71% of all 258 figures since 1962.

GDP per person, year over year

Real economic output divided by population

-15%-10%-5%0%5%10%15%2010201520202025No growthPeak 12.4%Now 0.6%
-15%-10%-5%0%5%10%15%20102020No growthPeak 12.4%Now 0.6%

The strip under the chart shows the verdict each period would get by today's rules:Good OK Bad

See the latest numbers
GDP per person, year over year, most recent first
PeriodValueVerdict
Q2 20260.6%OK
Q1 2026-0.5%Bad
Q4 2025-0.1%Bad
Q3 20250.7%OK
Q2 20250.7%OK
Q1 20251.4%OK
Q4 20241.0%OK
Q3 2024-0.1%Bad
Q2 2024-1.3%Bad
Q1 2024-2.0%Bad
Q4 2023-1.6%Bad
Q3 2023-1.5%Bad

Download the full series (CSV)

Source: Statistics Canada, Real GDP (chained 2017 dollars, seasonally adjusted, table 36-10-0104) divided by population (table 17-10-0009), annual % change; our calculation · Series v62305752 / v1 · Latest Q2 2026

How we judged this

What we test: The latest figure (GDP per person, year over year). Right now that's 0.6%.

  1. Good if 1.5% or more
  2. OK if from 0.0% to under 1.5%applies now
  3. Bad if anything the rules above don’t cover

Rules are checked from the top. The first one that fits decides the verdict.

Read the full method

About this data

Measure
GDP per person, year over year
Latest
0.6% (Q2 2026)
Published
Quarterly, by Statistics Canada
Verdict counts for
Equal weight with the others in the overall verdict

We divide by population because a growing population can make the economy bigger without anyone being better off. This matters in Canada, where the population grew unusually fast in 2022 to 2024.

Statistics Canada publishes GDP and population separately; dividing one by the other (using the average population over each quarter) is our calculation.

Download the data (CSV)

The rest of the picture