National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for Canada
Index 2015=100, Quarterly
NAEXKP03CAQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
122.43
Year-over-Year Change
10.00%
Date Range
1/1/1961 - 7/1/2023
Summary
The Index 2015=100, Quarterly series measures the overall level of real gross domestic product (GDP) in Canada on a quarterly basis, with 2015 as the base year.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This index tracks the growth or decline in Canada's economic output over time, adjusting for inflation. It is a widely-used indicator of the country's macroeconomic performance and is closely monitored by policymakers, analysts, and businesses.
Methodology
The data is collected and calculated by Statistics Canada based on the Canadian System of National Accounts.
Historical Context
The index is a key input for assessing Canada's economic health and informing monetary and fiscal policy decisions.
Key Facts
- Canada's GDP index reached a record high of 108.3 in Q4 2022.
- The index fell sharply in 2020 due to the COVID-19 pandemic.
- The index has shown steady growth since the 2008-2009 financial crisis.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Quarterly series measures the overall level of real gross domestic product (GDP) in Canada on a quarterly basis, with 2015 as the base year.
Q: Why is this trend relevant for users or analysts?
A: This index is a widely-used indicator of Canada's macroeconomic performance and is closely monitored by policymakers, analysts, and businesses to assess the country's economic health and inform policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Statistics Canada based on the Canadian System of National Accounts.
Q: How is this trend used in economic policy?
A: The index is a key input for assessing Canada's economic health and informing monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The index is updated quarterly by Statistics Canada, with a typical release delay of approximately two months.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Canada
CANCP080000GYM
Cash surplus/deficit (% of GDP) for St. Vincent and the Grenadines
CASHBLVCA188A
Infra-Annual Labor Statistics: Employment Rate Male: From 55 to 64 Years for Canada
LREM55MACAQ156N
Production: Industry: Total Industry Excluding Construction for Canada
CANPRINTO01MLSAM
Nominal Changes in Inventories for Canada
NINVSAXDCCAQ
Total Credit to Households and Non-Profit Institutions Serving Households, Adjusted for Breaks, for Canada
CRDQCAAHABIS
Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (NAEXKP03CAQ661S), retrieved from FRED.