Population, Total for Canada
POPTOTCAA647NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
41,288,599.00
Year-over-Year Change
18.94%
Date Range
1/1/1960 - 1/1/2024
Summary
The 'Population, Total for Canada' trend measures the total population of Canada, providing crucial demographic data for economists and policymakers.
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 economic indicator represents the overall size of Canada's population, which is an essential factor in analyzing economic growth, consumer demand, labor force, and other key aspects of the Canadian economy.
Methodology
The data is collected by Statistics Canada through census surveys and other official population records.
Historical Context
Population data is widely used by governments, businesses, and researchers to inform economic and social policies.
Key Facts
- Canada's population reached over 37 million in 2020.
- The population has grown by over 10% in the last decade.
- Population growth is a key driver of economic expansion in Canada.
FAQs
Q: What does this economic trend measure?
A: The 'Population, Total for Canada' trend measures the overall size of the Canadian population, providing crucial demographic data.
Q: Why is this trend relevant for users or analysts?
A: Population data is essential for analyzing economic growth, consumer demand, labor force, and other key aspects of the Canadian economy.
Q: How is this data collected or calculated?
A: The data is collected by Statistics Canada through census surveys and other official population records.
Q: How is this trend used in economic policy?
A: Population data is widely used by governments, businesses, and researchers to inform economic and social policies in Canada.
Q: Are there update delays or limitations?
A: The population data is updated regularly, but there may be some delays in reporting the most recent figures.
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Citation
U.S. Federal Reserve, Population, Total for Canada (POPTOTCAA647NWDB), retrieved from FRED.