Canada gdp growth annualized


Canada gdp growth annualized: 1.7 (1600%)
Last Update: March 31, 2024

Canada gdp growth annualized closed down 1.7 as of March 31, 2024 from 0.1 from the previous month and 4.8 from last year.


Canada gdp growth annualized Analytics & Data




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Canada gdp growth annualized

DateValues
2024-03-31 1.7
2023-12-31 0.1
2023-09-30 -0.5
2023-06-30 0.6
2023-03-31 2.6
2022-12-31 -0.1
2022-09-30 2.3
2022-06-30 3.5
2022-03-31 2.4
2021-12-31 6.7
2021-09-30 5.2
2021-06-30 -3.2
2021-03-31 4.8
2020-12-31 9.1
2020-09-30 40.5
2020-06-30 -38.7
2020-03-31 -8.2
2019-12-31 0.6
2019-09-30 1.1
2019-06-30 3.4
2019-03-31 1
2018-12-31 1
2018-09-30 2.4
2018-06-30 1.6

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Canada gdp growth annualized Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
gdp growth annualizedca.gdpgrowthannu1.70.11600-65DownDown402024-03-31

Canada gdp growth annualized Factors

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Canada gdp growth annualized Historical Data

The MacroVar database offers free access to historical data for the Canada gdp growth annualized, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Canada gdp growth annualized data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Canada gdp growth annualized

Canada's GDP growth annualized refers to the rate at which the country's gross domestic product is expected to increase over the course of a year when the quarterly growth rates are compounded. This figure is an important indicator of the overall health and performance of the Canadian economy. A higher annualized GDP growth rate signifies a strong and growing economy, while a lower rate may indicate economic stagnation or contraction. Policymakers and economists closely monitor this figure to make informed decisions about fiscal and monetary policies that can help stimulate economic growth and stability.