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Canada GDP by year, 1960 to 2025

Canada's GDP hit a record $2.32 trillion in 2025, but its world rank slipped from 7th in 1980 to 10th, close behind Russia and Italy.

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What the data shows

  • Canada: $0.04T in 1960, $2.32T in 2025 (57× higher).
  • Russia: $0.56T in 1988, $2.56T in 2025 (4.6× higher). Its low point was $0.20T in 1999.
  • Italy: $0.04T in 1960, $2.55T in 2025 (61× higher).
  • Brazil: $0.02T in 1960, $2.28T in 2025. It peaked at $2.62T in 2011.

About this chart

Canada's economy reached a record $2.32 trillion in 2025, up from $275 billion in 1980 and $745 billion in 2000. Its world rank has slipped over that time: 7th in 1980, 8th in 2000 and 10th in 2025. The biggest setbacks were a 14 percent fall in 2015 and an 11 percent fall in 2009, followed by a 5 percent dip in 2020. Each was recovered within a few years.

The three nearest economies are packed tightly. In 2025 Russia ($2.56 trillion) and Italy ($2.55 trillion) are ahead of Canada, while Brazil ($2.28 trillion) is just behind. Canada passed Brazil in 2020 and has held that lead. Russia and Canada have swapped places repeatedly since 2008. These figures are nominal current US dollars, not adjusted for inflation or purchasing power, so exchange rates move them.

The data

Source: World Bank, World Development Indicators (NY.GDP.MKTP.CD), GDP in current US$, trillions. Retrieved November 4, 2026.

Canada's GDP, GDP in current US$ trillions, 1960 to 2025, 1960–2025
Date🇨🇦 Canada🇷🇺 Russia🇮🇹 Italy🇧🇷 Brazil
1960$0.04T$0.04T$0.02T
1961$0.04T$0.05T$0.02T
1962$0.04T$0.05T$0.02T
1963$0.05T$0.06T$0.02T
1964$0.05T$0.07T$0.02T
1965$0.06T$0.07T$0.02T
1966$0.06T$0.08T$0.03T
1967$0.07T$0.08T$0.03T
1968$0.07T$0.09T$0.03T
1969$0.08T$0.10T$0.04T
1970$0.09T$0.11T$0.04T
1971$0.10T$0.13T$0.05T
1972$0.11T$0.15T$0.06T
1973$0.13T$0.18T$0.08T
1974$0.16T$0.20T$0.11T
1975$0.17T$0.23T$0.13T
1976$0.21T$0.23T$0.15T
1977$0.21T$0.26T$0.18T
1978$0.22T$0.32T$0.20T
1979$0.24T$0.40T$0.22T
1980$0.28T$0.48T$0.24T
1981$0.31T$0.43T$0.26T
1982$0.32T$0.43T$0.27T
1983$0.34T$0.44T$0.19T
1984$0.36T$0.44T$0.19T
1985$0.37T$0.45T$0.21T
1986$0.38T$0.64T$0.26T
1987$0.43T$0.81T$0.28T
1988$0.51T$0.56T$0.89T$0.31T
1989$0.57T$0.51T$0.93T$0.41T
1990$0.60T$0.52T$1.18T$0.39T
1991$0.61T$0.52T$1.25T$0.34T
1992$0.59T$0.46T$1.32T$0.33T
1993$0.58T$0.44T$1.07T$0.37T
1994$0.58T$0.40T$1.10T$0.53T
1995$0.61T$0.40T$1.18T$0.77T
1996$0.63T$0.39T$1.32T$0.85T
1997$0.66T$0.41T$1.25T$0.88T
1998$0.63T$0.27T$1.27T$0.86T
1999$0.68T$0.20T$1.26T$0.60T
2000$0.75T$0.26T$1.15T$0.66T
2001$0.74T$0.31T$1.17T$0.56T
2002$0.76T$0.35T$1.28T$0.51T
2003$0.90T$0.43T$1.58T$0.56T
2004$1.03T$0.59T$1.81T$0.67T
2005$1.17T$0.76T$1.87T$0.89T
2006$1.32T$0.99T$1.96T$1.11T
2007$1.47T$1.30T$2.22T$1.40T
2008$1.55T$1.66T$2.42T$1.70T
2009$1.38T$1.22T$2.21T$1.67T
2010$1.62T$1.53T$2.15T$2.21T
2011$1.79T$2.05T$2.31T$2.62T
2012$1.83T$2.21T$2.10T$2.47T
2013$1.85T$2.29T$2.15T$2.47T
2014$1.81T$2.06T$2.17T$2.46T
2015$1.56T$1.36T$1.85T$1.80T
2016$1.53T$1.28T$1.89T$1.80T
2017$1.65T$1.57T$1.97T$2.06T
2018$1.73T$1.66T$2.10T$1.92T
2019$1.74T$1.69T$2.02T$1.87T
2020$1.66T$1.49T$1.91T$1.48T
2021$2.02T$1.83T$2.18T$1.67T
2022$2.20T$2.29T$2.10T$1.95T
2023$2.20T$2.05T$2.32T$2.19T
2024$2.27T$2.19T$2.38T$2.19T
2025$2.32T$2.56T$2.55T$2.28T

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Frequently asked questions

What is Canada's GDP?

Canada's GDP was about $2.32 trillion in 2025, according to the World Bank, in current US dollars. That ranks 10th in the world and is the highest value in the series.

How has Canada's world GDP rank changed?

Canada ranked 7th in 1980, 8th in 2000 and 10th in 2025. Its GDP kept growing over that period, but other economies grew faster in dollar terms.

Which economies are closest to Canada's in size?

In 2025 the nearest were Russia at $2.56 trillion, Italy at $2.55 trillion and Brazil at $2.28 trillion. Canada sat between Italy and Brazil.

Where does this data come from?

World Bank, World Development Indicators (NY.GDP.MKTP.CD), GDP in current US$, trillions. Retrieved November 4, 2026. You can download the full table as a CSV from this page.

Can I turn this chart into a video?

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