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| Economy of Canada | ||
|---|---|---|
 | ||
| Currency | Canadian dollar (CAD) | |
| Fiscal year | 1 April - 31 March | |
| Trade organizations | NAFTA, OECD, WTO and others | |
| Statistics | ||
| GDP (PPP) | $1.165 trillion (2006) (11th ) | |
| GDP growth | 2.8% (2006) | |
| GDP per capita | $35,200 (2006) | |
| GDP by sector | agriculture (2.3%), industry (26.4%), services (71.3%) (2004) | |
| Inflation (CPI) | 2% (2006) | |
| Population below poverty line | 15.9% (2003) | |
| Gini index | 32.6% (2000) | |
| Labour force | 17.37 million (2004) | |
| Labour force by occupation | agriculture (3%), manufacturing (15%), construction (5%), services (74%), other (3%)(2000) | |
| Unemployment | 6.1% (May 2007) | |
| Main industries | transportation equipment, chemicals, processed and unprocessed minerals, food products, wood and paper products, fish products, petroleum and natural gas | |
| Trading partners | ||
| Exports | $405 billion (2006) | |
| Export goods | motor vehicles and parts, industrial machinery, aircraft, telecommunications equipment, chemicals, plastics, fertilizers, wood pulp, timber, crude petroleum, natural gas, electricity, aluminum | |
| Main export partners | U.S. 85.2%, Japan 2.1%, UK 1.6% (2004) | |
| Imports | $353.2 billion (2006) | |
| Import goods | machinery and equipment, motor vehicles and parts, crude oil, chemicals, electricity, durable consumer goods | |
| Main import partners | U.S. 58.9%, the People's Republic of China 6.8%, Mexico 3.8% (2004) | |
| Public finances | ||
| Public debt | $684.7 billion (2006) | |
| Revenues | $183.5 billion (2006) | |
| Expenses | $181.8 billion (2006) | |
| Economic aid | $2.6 billion (donor) (2004) | |
| Main source All values, unless otherwise stated, are in US dollars | ||
Canada is one of the world's wealthiest nations, a member of the Organization for Economic Co-operation and Development (OECD) and Group of Eight (G8). As with other first world nations, the Canadian economy is dominated by the service industry, which employs about three quarters of Canadians. Canada is unusual among developed countries in the importance of the primary sector, with the logging and oil industries being two of Canada's most important. Canada also has a sizeable manufacturing sector, centred in Southern Ontario, with the automobile industry especially important.
International trade makes up a large part of the Canadian economy, particularly of its natural resources. The United States is by far its greatest trade partner, with trade with the United States accounting for about 85% of exports and 59% of imports as of 2004.
Canada is a free market economy, usually seen to have slightly more government intervention than the United States, but less than most European nations. Canada has traditionally had a lower per capita gross domestic product (GDP) than the United States (whereas wealth has been more equally divided), but higher than some western European economies.
The main source of statistical information for this article is the CIA World Factbook.
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