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In 2018, GDP per capita for Canada was 46,261 US dollars. GDP per capita of Canada increased from 22,340 US dollars in 1999 to 46,261 US dollars in 2018 growing at an average annual rate of 4.28 %.The description is composed by our digital data assistant.
GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. GDP is expressed in current U.S. dollars per person. Data are derived by first converting GDP in national currency to U.S. dollars and then dividing it by total population.