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CRED

GDP: Mining, Quarrying, and Oil and Gas Extraction

(GDP_MINING_OILGAS)
Observations
Aug 2026: 123352
Updated: 2026-11-02, 7:24:25 a.m. ET
Units
Millions of chained 2017 dollars,
Seasonally adjusted at annual rates
Frequency
Monthly
Source
Statistics Canada, Gross Domestic Product by Industry
Series ID
GDP_MINING_OILGAS
Table 36-10-0434-02
CREDGDP: Mining, Quarrying, and Oil and Gas Extraction
COVID-19 recessionGlobal Financial Crisis7000080000900001000001100001200001300001997200020032006200920122015201820212026Millions of chained 2017 dollars1997-01-01: 699301997-02-01: 710201997-03-01: 717471997-04-01: 728621997-05-01: 710311997-06-01: 707081997-07-01: 737261997-08-01: 743271997-09-01: 730891997-10-01: 741931997-11-01: 742061997-12-01: 738811998-01-01: 730121998-02-01: 728381998-03-01: 731101998-04-01: 718611998-05-01: 705861998-06-01: 711711998-07-01: 701631998-08-01: 704641998-09-01: 696861998-10-01: 685521998-11-01: 686941998-12-01: 703981999-01-01: 716081999-02-01: 715921999-03-01: 710161999-04-01: 702641999-05-01: 717611999-06-01: 724501999-07-01: 731481999-08-01: 737321999-09-01: 747801999-10-01: 751301999-11-01: 757021999-12-01: 751892000-01-01: 756252000-02-01: 749982000-03-01: 745272000-04-01: 752262000-05-01: 753432000-06-01: 756222000-07-01: 742082000-08-01: 737602000-09-01: 741912000-10-01: 741392000-11-01: 747272000-12-01: 753192001-01-01: 741522001-02-01: 753542001-03-01: 754522001-04-01: 769262001-05-01: 766752001-06-01: 744722001-07-01: 746782001-08-01: 758792001-09-01: 750632001-10-01: 746252001-11-01: 746672001-12-01: 736392002-01-01: 746422002-02-01: 756832002-03-01: 760692002-04-01: 777122002-05-01: 749352002-06-01: 748332002-07-01: 760852002-08-01: 752922002-09-01: 763652002-10-01: 764742002-11-01: 765902002-12-01: 766972003-01-01: 789612003-02-01: 787022003-03-01: 784652003-04-01: 782642003-05-01: 779842003-06-01: 794272003-07-01: 802202003-08-01: 802932003-09-01: 811142003-10-01: 806982003-11-01: 800062003-12-01: 815702004-01-01: 833582004-02-01: 824912004-03-01: 818662004-04-01: 834192004-05-01: 840582004-06-01: 837212004-07-01: 828562004-08-01: 830032004-09-01: 820582004-10-01: 829412004-11-01: 835772004-12-01: 818982005-01-01: 835662005-02-01: 824912005-03-01: 805922005-04-01: 832572005-05-01: 846532005-06-01: 837122005-07-01: 847262005-08-01: 848072005-09-01: 861342005-10-01: 862932005-11-01: 880832005-12-01: 896352006-01-01: 877902006-02-01: 874122006-03-01: 878222006-04-01: 879272006-05-01: 889652006-06-01: 876752006-07-01: 873762006-08-01: 878062006-09-01: 869792006-10-01: 879932006-11-01: 878242006-12-01: 863752007-01-01: 869002007-02-01: 876652007-03-01: 879272007-04-01: 856782007-05-01: 871042007-06-01: 874532007-07-01: 861482007-08-01: 880262007-09-01: 873632007-10-01: 856672007-11-01: 850802007-12-01: 845242008-01-01: 859772008-02-01: 850722008-03-01: 866812008-04-01: 865582008-05-01: 849692008-06-01: 865102008-07-01: 889382008-08-01: 882432008-09-01: 865542008-10-01: 872452008-11-01: 855702008-12-01: 825282009-01-01: 847522009-02-01: 815212009-03-01: 767342009-04-01: 741532009-05-01: 744092009-06-01: 749542009-07-01: 739702009-08-01: 724622009-09-01: 751452009-10-01: 751202009-11-01: 761552009-12-01: 753012010-01-01: 777652010-02-01: 802152010-03-01: 813152010-04-01: 809592010-05-01: 850702010-06-01: 845632010-07-01: 844172010-08-01: 841252010-09-01: 827972010-10-01: 857362010-11-01: 868482010-12-01: 888762011-01-01: 867992011-02-01: 863892011-03-01: 883192011-04-01: 889902011-05-01: 856782011-06-01: 871212011-07-01: 897692011-08-01: 929372011-09-01: 930392011-10-01: 915302011-11-01: 907992011-12-01: 910352012-01-01: 908932012-02-01: 885162012-03-01: 883522012-04-01: 892552012-05-01: 891772012-06-01: 875832012-07-01: 860582012-08-01: 844692012-09-01: 853812012-10-01: 860462012-11-01: 875572012-12-01: 886072013-01-01: 894222013-02-01: 916672013-03-01: 921102013-04-01: 915212013-05-01: 906752013-06-01: 898162013-07-01: 913522013-08-01: 929242013-09-01: 936302013-10-01: 947362013-11-01: 947902013-12-01: 942482014-01-01: 949192014-02-01: 969132014-03-01: 989602014-04-01: 1011772014-05-01: 1013192014-06-01: 1025462014-07-01: 1001122014-08-01: 976462014-09-01: 1004192014-10-01: 1013222014-11-01: 1014322014-12-01: 1002002015-01-01: 1001012015-02-01: 981312015-03-01: 944392015-04-01: 929032015-05-01: 932192015-06-01: 968232015-07-01: 993742015-08-01: 1004792015-09-01: 962062015-10-01: 972582015-11-01: 973042015-12-01: 976302016-01-01: 976722016-02-01: 954332016-03-01: 923692016-04-01: 918092016-05-01: 844002016-06-01: 894822016-07-01: 964902016-08-01: 974222016-09-01: 986312016-10-01: 994912016-11-01: 1025672016-12-01: 1030922017-01-01: 1043172017-02-01: 1046882017-03-01: 1035492017-04-01: 1046542017-05-01: 1071072017-06-01: 1057692017-07-01: 1073562017-08-01: 1052962017-09-01: 1051872017-10-01: 1022862017-11-01: 1033422017-12-01: 1046482018-01-01: 1042332018-02-01: 1087502018-03-01: 1117762018-04-01: 1094622018-05-01: 1105132018-06-01: 1093782018-07-01: 1107882018-08-01: 1112562018-09-01: 1094792018-10-01: 1103632018-11-01: 1093202018-12-01: 1086342019-01-01: 1045772019-02-01: 1036932019-03-01: 1071122019-04-01: 1151022019-05-01: 1129652019-06-01: 1117262019-07-01: 1078662019-08-01: 1084282019-09-01: 1084842019-10-01: 1086442019-11-01: 1059432019-12-01: 1076042020-01-01: 1128122020-02-01: 1140002020-03-01: 1085612020-04-01: 929752020-05-01: 967772020-06-01: 915632020-07-01: 931502020-08-01: 923122020-09-01: 955542020-10-01: 964792020-11-01: 1007182020-12-01: 1044252021-01-01: 1061432021-02-01: 1042292021-03-01: 1043102021-04-01: 1016822021-05-01: 1023082021-06-01: 1039132021-07-01: 1060302021-08-01: 1059822021-09-01: 1074542021-10-01: 1086712021-11-01: 1054712021-12-01: 1056432022-01-01: 1052982022-02-01: 1075712022-03-01: 1073302022-04-01: 1093742022-05-01: 1102532022-06-01: 1107492022-07-01: 1117952022-08-01: 1107182022-09-01: 1119832022-10-01: 1099042022-11-01: 1099052022-12-01: 1064562023-01-01: 1087532023-02-01: 1103342023-03-01: 1105132023-04-01: 1109712023-05-01: 1075302023-06-01: 1097012023-07-01: 1116172023-08-01: 1116172023-09-01: 1106262023-10-01: 1120112023-11-01: 1141552023-12-01: 1160082024-01-01: 1109322024-02-01: 1144982024-03-01: 1143732024-04-01: 1155672024-05-01: 1150292024-06-01: 1162462024-07-01: 1152522024-08-01: 1156562024-09-01: 1147662024-10-01: 1173572024-11-01: 1166362024-12-01: 1181402025-01-01: 1208772025-02-01: 1180572025-03-01: 1208702025-04-01: 1196572025-05-01: 1176592025-06-01: 1174302025-07-01: 1207532025-08-01: 1208632025-09-01: 1211812025-10-01: 1208262025-11-01: 1210842025-12-01: 1199682026-01-01: 1217792026-02-01: 1221532026-03-01: 1204262026-04-01: 1239462026-05-01: 1246422026-06-01: 1241842026-07-01: 1233362026-08-01: 123352
Source: Statistics Canada, Gross Domestic Product by Industry via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).
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Notes

Source: Statistics Canada

Release: Gross Domestic Product by Industry

Units: Millions of chained 2017 dollars, Seasonally adjusted at annual rates

Frequency: Monthly

Notes: Monthly value-added of mining, quarrying and oil and gas extraction in millions of chained 2017 dollars, including oil sands production. It is the most commodity-price-sensitive slice of GDP, swinging with global energy and metals markets. Seasonally adjusted at annual rates.

Suggested Citation: Statistics Canada, GDP: Mining, Quarrying, and Oil and Gas Extraction GDP_MINING_OILGAS, retrieved from CRED, Canadian Research Economic Data; https://cred.nshipyard.com/series/GDP_MINING_OILGAS, November 2, 2026.

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COVID-19 recession36000380004000042000440004600048000500005200054000560005800060000201620182020202220242026Millions of 2017 dollars2016-09-01: 522352016-10-01: 519492016-11-01: 524922016-12-01: 537232017-01-01: 541372017-02-01: 538112017-03-01: 534412017-04-01: 541842017-05-01: 544822017-06-01: 541062017-07-01: 537832017-08-01: 543462017-09-01: 547842017-10-01: 539152017-11-01: 550522017-12-01: 550402018-01-01: 543232018-02-01: 554542018-03-01: 553072018-04-01: 548902018-05-01: 550892018-06-01: 557772018-07-01: 557482018-08-01: 553622018-09-01: 551472018-10-01: 557592018-11-01: 554232018-12-01: 551002019-01-01: 562982019-02-01: 554812019-03-01: 559832019-04-01: 558982019-05-01: 573852019-06-01: 562722019-07-01: 557332019-08-01: 565742019-09-01: 564972019-10-01: 559992019-11-01: 556842019-12-01: 555702020-01-01: 548212020-02-01: 555792020-03-01: 496822020-04-01: 369532020-05-01: 413862020-06-01: 498722020-07-01: 527302020-08-01: 522602020-09-01: 531152020-10-01: 534582020-11-01: 529742020-12-01: 529942021-01-01: 542522021-02-01: 525282021-03-01: 538912021-04-01: 514432021-05-01: 508162021-06-01: 525032021-07-01: 514662021-08-01: 525702021-09-01: 503372021-10-01: 524902021-11-01: 539162021-12-01: 546062022-01-01: 531272022-02-01: 554682022-03-01: 562102022-04-01: 569232022-05-01: 550482022-06-01: 562302022-07-01: 557172022-08-01: 552682022-09-01: 552312022-10-01: 552222022-11-01: 555202022-12-01: 552902023-01-01: 568532023-02-01: 554912023-03-01: 560492023-04-01: 562422023-05-01: 574962023-06-01: 570772023-07-01: 566512023-08-01: 571972023-09-01: 563692023-10-01: 549542023-11-01: 559282023-12-01: 558322024-01-01: 552842024-02-01: 559472024-03-01: 545932024-04-01: 553122024-05-01: 553772024-06-01: 547322024-07-01: 548142024-08-01: 546362024-09-01: 543422024-10-01: 547822024-11-01: 551242024-12-01: 542422025-01-01: 552342025-02-01: 542742025-03-01: 533772025-04-01: 526852025-05-01: 525132025-06-01: 524512025-07-01: 537622025-08-01: 528162025-09-01: 542992025-10-01: 533222025-11-01: 521552025-12-01: 527062026-01-01: 505532026-02-01: 520152026-03-01: 525992026-04-01: 537542026-05-01: 540242026-06-01: 546272026-07-01: 540592026-08-01: 54075
Source: Statistics Canada, Monthly Survey of Manufacturing via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).
cred.nshipyard.com

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CREDRetail Sales
COVID-19 recession350000004000000045000000500000005500000060000000650000007000000075000000800000002017201820192020202120222023202420252026Thousands of dollars2017-01-01: 504172352017-02-01: 498634522017-03-01: 499374202017-04-01: 508274382017-05-01: 507116342017-06-01: 507626242017-07-01: 508790022017-08-01: 510115882017-09-01: 510403842017-10-01: 525225322017-11-01: 521390922017-12-01: 523105732018-01-01: 522714462018-02-01: 520354652018-03-01: 519469652018-04-01: 521017772018-05-01: 534470832018-06-01: 532879402018-07-01: 530961022018-08-01: 533764292018-09-01: 536349322018-10-01: 538592582018-11-01: 529762702018-12-01: 533865742019-01-01: 529079652019-02-01: 529974822019-03-01: 536277442019-04-01: 537860702019-05-01: 540930662019-06-01: 538020842019-07-01: 543819602019-08-01: 543501842019-09-01: 543632452019-10-01: 536254702019-11-01: 540402942019-12-01: 553498662020-01-01: 546945672020-02-01: 548798792020-03-01: 488089332020-04-01: 375620592020-05-01: 458981942020-06-01: 558774532020-07-01: 563079802020-08-01: 560798362020-09-01: 579858342020-10-01: 585304352020-11-01: 587355682020-12-01: 563728882021-01-01: 551670782021-02-01: 586912112021-03-01: 616921362021-04-01: 584132102021-05-01: 570346652021-06-01: 596651822021-07-01: 602025422021-08-01: 611173152021-09-01: 607981162021-10-01: 617179712021-11-01: 623721502021-12-01: 613355522022-01-01: 629022312022-02-01: 632261832022-03-01: 640103202022-04-01: 640835892022-05-01: 659918522022-06-01: 668131702022-07-01: 649119492022-08-01: 651822722022-09-01: 648743502022-10-01: 655050912022-11-01: 653222412022-12-01: 647240322023-01-01: 663370302023-02-01: 653937172023-03-01: 651518982023-04-01: 655436262023-05-01: 659124182023-06-01: 659992262023-07-01: 659344372023-08-01: 659285212023-09-01: 667315052023-10-01: 666694912023-11-01: 664406302023-12-01: 663265592024-01-01: 670900622024-02-01: 671613922024-03-01: 666549412024-04-01: 672484852024-05-01: 668819052024-06-01: 664416572024-07-01: 677868472024-08-01: 676042192024-09-01: 683212692024-10-01: 690418702024-11-01: 690702942024-12-01: 708912132025-01-01: 705737822025-02-01: 694004542025-03-01: 702696502025-04-01: 704133652025-05-01: 696126792025-06-01: 705792252025-07-01: 701345762025-08-01: 707803862025-09-01: 700590942025-10-01: 701127742025-11-01: 709851442025-12-01: 707087402026-01-01: 716505472026-02-01: 720538902026-03-01: 727259052026-04-01: 730184782026-05-01: 738188462026-06-01: 742899292026-07-01: 736845862026-08-01: 74567349
Source: Statistics Canada, Retail Trade Survey via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).
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Retail Sales

CREDWholesale Sales
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Source: Statistics Canada, Wholesale Trade Survey via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).
cred.nshipyard.com

Wholesale Sales

CREDIndustrial Capacity Utilization Rate
COVID-19 recessionGlobal Financial Crisis707274767880828486881996199920022005200820112014201720202025Percent1996-01-01: 82.11996-04-01: 82.21996-07-01: 83.51996-10-01: 83.11997-01-01: 841997-04-01: 84.31997-07-01: 85.41997-10-01: 85.61998-01-01: 85.61998-04-01: 84.71998-07-01: 83.71998-10-01: 841999-01-01: 84.81999-04-01: 84.21999-07-01: 84.81999-10-01: 85.42000-01-01: 852000-04-01: 84.82000-07-01: 85.12000-10-01: 85.22001-01-01: 83.92001-04-01: 83.72001-07-01: 82.32001-10-01: 81.62002-01-01: 83.22002-04-01: 84.22002-07-01: 84.12002-10-01: 83.62003-01-01: 83.62003-04-01: 82.92003-07-01: 83.42003-10-01: 84.92004-01-01: 84.82004-04-01: 85.32004-07-01: 85.72004-10-01: 85.72005-01-01: 85.52005-04-01: 85.72005-07-01: 85.92005-10-01: 86.22006-01-01: 86.22006-04-01: 85.32006-07-01: 84.42006-10-01: 842007-01-01: 85.22007-04-01: 85.42007-07-01: 84.82007-10-01: 82.92008-01-01: 80.92008-04-01: 80.62008-07-01: 80.92008-10-01: 78.72009-01-01: 73.82009-04-01: 71.82009-07-01: 732009-10-01: 75.42010-01-01: 77.82010-04-01: 792010-07-01: 79.32010-10-01: 79.42011-01-01: 80.12011-04-01: 79.72011-07-01: 81.32011-10-01: 81.42012-01-01: 81.12012-04-01: 81.32012-07-01: 80.32012-10-01: 79.72013-01-01: 80.52013-04-01: 802013-07-01: 80.12013-10-01: 80.72014-01-01: 80.52014-04-01: 81.62014-07-01: 81.52014-10-01: 82.22015-01-01: 80.72015-04-01: 79.42015-07-01: 802015-10-01: 79.22016-01-01: 79.12016-04-01: 77.52016-07-01: 78.62016-10-01: 78.92017-01-01: 78.82017-04-01: 79.12017-07-01: 79.72017-10-01: 80.52018-01-01: 822018-04-01: 82.22018-07-01: 81.72018-10-01: 80.52019-01-01: 79.82019-04-01: 81.32019-07-01: 80.42019-10-01: 802020-01-01: 79.42020-04-01: 69.62020-07-01: 76.32020-10-01: 78.42021-01-01: 79.92021-04-01: 80.12021-07-01: 79.52021-10-01: 80.12022-01-01: 80.82022-04-01: 81.52022-07-01: 81.22022-10-01: 80.52023-01-01: 80.72023-04-01: 80.52023-07-01: 802023-10-01: 79.22024-01-01: 78.52024-04-01: 78.92024-07-01: 78.52024-10-01: 78.42025-01-01: 78.52025-04-01: 782025-07-01: 78.92025-10-01: 78.5
Source: Statistics Canada, Industrial Capacity Utilization via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).
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