Gross Domestic Product (GDP)
Total Canadian GDP declined 5.1% in 2020, mitigating the 1.8% increase in 2019. Seafood processing GDP declined 5.3% in 2020, after a 3.5% increase in 2019. Agriculture, forestry, fishing and hunting GDP grew by 3.3% in 2020, approximately matching the growth in 2019. Fishing, hunting and trapping GDP declined 2.3% in 2020, following a marginal decline in 2019.
| 2018 | 2019 | 2020 | ||
|---|---|---|---|---|
| Industry | Millions of chained 2012 dollars table note 1 | |||
| Agriculture, forestry, fishing and hunting | 40,046 | 41,246 | 42,619 | |
| Fishing, hunting and trapping | 1,082 | 1,067 | 1,042 | |
| Seafood product preparation and packaging | 1,261 | 1,305 | 1,236 | |
| All industries | 1,950,424 | 1,986,183 | 1,884,083 | |
Table Notes
- Table note 1
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Note that chained dollars allow for the calculation of growth rates, but not the contribution of each industry to the total Canadian GDP, as aggregates are not equal to the sum of their components
Statistics Canada. Table 36-10-0434-06 Gross domestic product (GDP) at basic prices, by industry, annual average, industry detail (x 1,000,000)
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