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CRED

Real GDP: Ontario

(GDP_ON)
Observations
2024: 956994
Updated: 2026-11-02, 9:08:24 a.m. ET
Units
Millions of chained 2017 dollars,
Annual
Frequency
Annual
Source
Statistics Canada, Provincial Economic Accounts
Series ID
GDP_ON
Table 36-10-0222-01
CREDReal GDP: Ontario
COVID-19 recessionGlobal Financial CrisisEarly 1990s recessionEarly 1980s recession3000004000005000006000007000008000009000001000000198119861991199620012006201120162024Millions of chained 2017 dollars1981-01-01: 3338861982-01-01: 3232901983-01-01: 3397761984-01-01: 3697691985-01-01: 3886211986-01-01: 4027731987-01-01: 4222061988-01-01: 4413901989-01-01: 4560491990-01-01: 4488631991-01-01: 4338241992-01-01: 4396461993-01-01: 4459341994-01-01: 4701751995-01-01: 4853601996-01-01: 4932731997-01-01: 5171411998-01-01: 5406511999-01-01: 5780642000-01-01: 6146682001-01-01: 6259182002-01-01: 6472842003-01-01: 6544532004-01-01: 6728272005-01-01: 6944462006-01-01: 7074672007-01-01: 7130042008-01-01: 7129902009-01-01: 6908522010-01-01: 7112372011-01-01: 7284072012-01-01: 7380012013-01-01: 7482812014-01-01: 7670502015-01-01: 7858662016-01-01: 8023652017-01-01: 8249792018-01-01: 8520292019-01-01: 8697922020-01-01: 8302652021-01-01: 8806522022-01-01: 9194482023-01-01: 9415472024-01-01: 956994
Source: Statistics Canada, Provincial Economic Accounts via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).
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Notes

Source: Statistics Canada

Release: Gross domestic product, expenditure-based, provincial and territorial

Units: Millions of chained 2017 dollars, Annual

Frequency: Annual

Notes: Ontario's gross domestic product in millions of chained 2017 dollars, expenditure-based. The largest provincial economy at roughly two-fifths of national output, so its path largely determines the national growth number. Published annually from the provincial economic accounts.

Suggested Citation: Statistics Canada, Real GDP: Ontario GDP_ON, retrieved from CRED, Canadian Research Economic Data; https://cred.nshipyard.com/series/GDP_ON, November 2, 2026.

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COVID-19 recession468101214161820201620182020202220242026Percent2016-10-01: 6.62016-11-01: 6.22016-12-01: 6.62017-01-01: 6.52017-02-01: 6.42017-03-01: 62017-04-01: 6.32017-05-01: 6.12017-06-01: 6.22017-07-01: 5.92017-08-01: 6.22017-09-01: 5.92017-10-01: 6.12017-11-01: 5.52017-12-01: 5.32018-01-01: 5.32018-02-01: 5.92018-03-01: 5.52018-04-01: 5.42018-05-01: 5.32018-06-01: 5.42018-07-01: 5.62018-08-01: 5.82018-09-01: 5.42018-10-01: 52018-11-01: 5.22018-12-01: 5.22019-01-01: 5.22019-02-01: 5.22019-03-01: 5.32019-04-01: 4.82019-05-01: 52019-06-01: 4.92019-07-01: 4.82019-08-01: 4.62019-09-01: 5.12019-10-01: 5.12019-11-01: 5.52019-12-01: 52020-01-01: 4.82020-02-01: 4.52020-03-01: 8.62020-04-01: 18.22020-05-01: 14.22020-06-01: 112020-07-01: 9.42020-08-01: 8.42020-09-01: 7.22020-10-01: 7.62020-11-01: 7.22020-12-01: 6.82021-01-01: 8.22021-02-01: 6.62021-03-01: 6.72021-04-01: 6.72021-05-01: 6.62021-06-01: 6.22021-07-01: 6.22021-08-01: 5.72021-09-01: 5.92021-10-01: 5.32021-11-01: 4.52021-12-01: 4.62022-01-01: 52022-02-01: 4.42022-03-01: 4.22022-04-01: 4.42022-05-01: 4.42022-06-01: 4.32022-07-01: 4.12022-08-01: 4.32022-09-01: 4.42022-10-01: 42022-11-01: 3.82022-12-01: 4.12023-01-01: 4.32023-02-01: 4.32023-03-01: 4.22023-04-01: 4.22023-05-01: 4.12023-06-01: 4.22023-07-01: 4.42023-08-01: 4.32023-09-01: 4.52023-10-01: 4.92023-11-01: 5.12023-12-01: 4.82024-01-01: 4.72024-02-01: 4.92024-03-01: 4.92024-04-01: 5.12024-05-01: 5.22024-06-01: 5.62024-07-01: 5.62024-08-01: 5.52024-09-01: 5.42024-10-01: 5.72024-11-01: 5.92024-12-01: 5.52025-01-01: 5.52025-02-01: 5.42025-03-01: 5.82025-04-01: 62025-05-01: 5.82025-06-01: 6.22025-07-01: 5.52025-08-01: 5.92025-09-01: 5.72025-10-01: 5.32025-11-01: 5.12025-12-01: 5.32026-01-01: 5.22026-02-01: 5.92026-03-01: 5.42026-04-01: 6.22026-05-01: 5.62026-06-01: 5.42026-07-01: 5.62026-08-01: 5.62026-09-01: 6
Source: Statistics Canada, Labour Force Survey via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).
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CREDUnemployment Rate: Ontario
COVID-19 recession56789101112131415201620182020202220242026Percent2016-10-01: 6.42016-11-01: 6.32016-12-01: 6.52017-01-01: 6.62017-02-01: 6.32017-03-01: 6.32017-04-01: 62017-05-01: 6.42017-06-01: 6.22017-07-01: 62017-08-01: 5.52017-09-01: 5.82017-10-01: 5.82017-11-01: 5.92017-12-01: 5.92018-01-01: 5.72018-02-01: 5.62018-03-01: 5.62018-04-01: 5.32018-05-01: 5.82018-06-01: 5.92018-07-01: 5.52018-08-01: 5.82018-09-01: 5.72018-10-01: 5.52018-11-01: 5.72018-12-01: 5.52019-01-01: 5.62019-02-01: 5.62019-03-01: 5.92019-04-01: 5.92019-05-01: 5.22019-06-01: 5.32019-07-01: 5.72019-08-01: 5.62019-09-01: 5.52019-10-01: 5.52019-11-01: 5.52019-12-01: 5.22020-01-01: 5.22020-02-01: 5.62020-03-01: 8.52020-04-01: 12.12020-05-01: 14.22020-06-01: 12.62020-07-01: 11.42020-08-01: 10.42020-09-01: 9.62020-10-01: 9.42020-11-01: 92020-12-01: 9.92021-01-01: 10.22021-02-01: 9.52021-03-01: 7.82021-04-01: 9.42021-05-01: 9.42021-06-01: 8.82021-07-01: 7.92021-08-01: 7.72021-09-01: 7.42021-10-01: 6.72021-11-01: 6.52021-12-01: 6.32022-01-01: 7.42022-02-01: 5.72022-03-01: 5.42022-04-01: 5.62022-05-01: 5.42022-06-01: 5.12022-07-01: 5.12022-08-01: 5.42022-09-01: 5.52022-10-01: 5.52022-11-01: 5.62022-12-01: 5.32023-01-01: 5.32023-02-01: 5.22023-03-01: 5.32023-04-01: 52023-05-01: 5.52023-06-01: 5.62023-07-01: 5.62023-08-01: 5.82023-09-01: 5.82023-10-01: 6.22023-11-01: 6.12023-12-01: 6.22024-01-01: 6.12024-02-01: 6.62024-03-01: 6.82024-04-01: 6.82024-05-01: 6.72024-06-01: 72024-07-01: 6.82024-08-01: 7.22024-09-01: 72024-10-01: 7.12024-11-01: 7.82024-12-01: 7.52025-01-01: 7.62025-02-01: 7.42025-03-01: 7.52025-04-01: 7.82025-05-01: 7.92025-06-01: 7.82025-07-01: 7.82025-08-01: 7.72025-09-01: 7.92025-10-01: 7.62025-11-01: 7.42025-12-01: 7.92026-01-01: 7.32026-02-01: 7.62026-03-01: 7.62026-04-01: 7.52026-05-01: 72026-06-01: 72026-07-01: 6.82026-08-01: 6.92026-09-01: 7
Source: Statistics Canada, Labour Force Survey via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).
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COVID-19 recession6810121416201620182020202220242026Percent2016-10-01: 8.52016-11-01: 8.82016-12-01: 8.62017-01-01: 8.62017-02-01: 8.12017-03-01: 8.62017-04-01: 8.22017-05-01: 8.42017-06-01: 7.82017-07-01: 82017-08-01: 8.42017-09-01: 7.52017-10-01: 7.72017-11-01: 7.42017-12-01: 7.22018-01-01: 6.72018-02-01: 6.52018-03-01: 6.22018-04-01: 6.82018-05-01: 6.22018-06-01: 6.62018-07-01: 6.92018-08-01: 6.72018-09-01: 6.92018-10-01: 6.82018-11-01: 6.32018-12-01: 6.42019-01-01: 6.62019-02-01: 7.32019-03-01: 6.92019-04-01: 6.52019-05-01: 6.72019-06-01: 6.72019-07-01: 7.12019-08-01: 7.62019-09-01: 6.62019-10-01: 6.72019-11-01: 7.22019-12-01: 72020-01-01: 7.32020-02-01: 7.42020-03-01: 8.82020-04-01: 13.12020-05-01: 15.42020-06-01: 15.32020-07-01: 12.92020-08-01: 12.52020-09-01: 122020-10-01: 11.62020-11-01: 11.12020-12-01: 10.72021-01-01: 10.32021-02-01: 9.92021-03-01: 9.22021-04-01: 8.82021-05-01: 8.52021-06-01: 8.82021-07-01: 8.42021-08-01: 82021-09-01: 7.82021-10-01: 7.82021-11-01: 7.42021-12-01: 6.92022-01-01: 6.92022-02-01: 6.62022-03-01: 6.32022-04-01: 6.12022-05-01: 5.92022-06-01: 5.22022-07-01: 4.92022-08-01: 5.62022-09-01: 5.42022-10-01: 5.52022-11-01: 5.72022-12-01: 5.72023-01-01: 6.12023-02-01: 6.12023-03-01: 5.92023-04-01: 5.92023-05-01: 5.72023-06-01: 5.92023-07-01: 5.92023-08-01: 5.52023-09-01: 5.32023-10-01: 5.82023-11-01: 62023-12-01: 6.52024-01-01: 6.42024-02-01: 6.32024-03-01: 6.52024-04-01: 7.42024-05-01: 7.22024-06-01: 7.22024-07-01: 7.12024-08-01: 7.32024-09-01: 7.42024-10-01: 7.42024-11-01: 7.62024-12-01: 6.82025-01-01: 6.82025-02-01: 6.82025-03-01: 7.22025-04-01: 7.22025-05-01: 7.42025-06-01: 6.82025-07-01: 7.92025-08-01: 8.22025-09-01: 7.72025-10-01: 7.62025-11-01: 6.52025-12-01: 6.72026-01-01: 6.42026-02-01: 6.32026-03-01: 6.52026-04-01: 72026-05-01: 6.62026-06-01: 72026-07-01: 72026-08-01: 6.82026-09-01: 6.4
Source: Statistics Canada, Labour Force Survey via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).
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COVID-19 recession456789101112131415201620182020202220242026Percent2016-10-01: 6.22016-11-01: 6.22016-12-01: 6.22017-01-01: 5.62017-02-01: 5.42017-03-01: 5.62017-04-01: 5.42017-05-01: 5.42017-06-01: 5.22017-07-01: 52017-08-01: 5.22017-09-01: 5.32017-10-01: 5.52017-11-01: 5.12017-12-01: 4.92018-01-01: 4.92018-02-01: 52018-03-01: 4.92018-04-01: 52018-05-01: 4.82018-06-01: 4.92018-07-01: 4.62018-08-01: 4.72018-09-01: 4.12018-10-01: 4.22018-11-01: 4.72018-12-01: 4.52019-01-01: 4.72019-02-01: 4.62019-03-01: 4.82019-04-01: 4.72019-05-01: 4.62019-06-01: 4.82019-07-01: 4.72019-08-01: 52019-09-01: 52019-10-01: 4.92019-11-01: 5.22019-12-01: 4.92020-01-01: 4.72020-02-01: 5.42020-03-01: 7.92020-04-01: 11.92020-05-01: 142020-06-01: 12.82020-07-01: 10.82020-08-01: 10.52020-09-01: 8.72020-10-01: 8.22020-11-01: 7.82020-12-01: 7.62021-01-01: 7.62021-02-01: 7.32021-03-01: 7.22021-04-01: 72021-05-01: 7.12021-06-01: 6.62021-07-01: 6.42021-08-01: 6.52021-09-01: 6.22021-10-01: 5.62021-11-01: 5.52021-12-01: 5.32022-01-01: 5.12022-02-01: 4.82022-03-01: 5.12022-04-01: 4.92022-05-01: 4.52022-06-01: 4.62022-07-01: 4.62022-08-01: 4.62022-09-01: 4.42022-10-01: 4.62022-11-01: 4.42022-12-01: 4.22023-01-01: 4.52023-02-01: 5.32023-03-01: 4.62023-04-01: 5.12023-05-01: 52023-06-01: 5.52023-07-01: 5.52023-08-01: 5.22023-09-01: 5.42023-10-01: 5.32023-11-01: 5.42023-12-01: 5.62024-01-01: 5.32024-02-01: 5.22024-03-01: 5.62024-04-01: 5.12024-05-01: 5.52024-06-01: 5.42024-07-01: 5.72024-08-01: 5.72024-09-01: 5.92024-10-01: 5.72024-11-01: 5.92024-12-01: 62025-01-01: 62025-02-01: 62025-03-01: 6.12025-04-01: 6.22025-05-01: 6.52025-06-01: 5.72025-07-01: 62025-08-01: 6.32025-09-01: 6.42025-10-01: 6.62025-11-01: 6.42025-12-01: 6.32026-01-01: 6.12026-02-01: 6.12026-03-01: 6.72026-04-01: 6.82026-05-01: 6.82026-06-01: 6.52026-07-01: 6.22026-08-01: 6.52026-09-01: 6.4
Source: Statistics Canada, Labour Force Survey via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).
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Unemployment Rate: British Columbia

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