Industry (including construction), value added in Canada

Canada: Industry (including construction), value added was 601.87 billion current US$ in 2022. ▲ Rising

Latest (2022)
601.87 billion current US$
Change on year
up 16.2%
World rank
9th
of 208 countries
All-time high
601.87 billion current US$
in 2022
All-time low
170.84 billion current US$
in 1998
Years of data
26
1997–2022

Industry (including construction), value added in Canada, 1997–2022

200.0B300.0B400.0B500.0B600.0B1997200920221997: 182.2B current US$1998: 170.8B current US$1999: 190.6B current US$2000: 221.6B current US$2001: 212.6B current US$2002: 211.9B current US$2003: 253.0B current US$2004: 295.6B current US$2005: 347.3B current US$2006: 385.7B current US$2007: 425.9B current US$2008: 460.4B current US$2009: 348.6B current US$2010: 431.0B current US$2011: 492.4B current US$2012: 493.1B current US$2013: 497.6B current US$2014: 496.0B current US$2015: 385.3B current US$2016: 360.8B current US$2017: 401.5B current US$2018: 430.3B current US$2019: 425.2B current US$2020: 376.5B current US$2021: 517.9B current US$2022: 601.9B current US$

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.

Analysis

In 2022, industry (including construction), value added in Canada stood at 601.87 billion current US$. That is the highest value across all 26 years on record.

That represents a change of up 16.2% on the previous year and up 22.1% over ten years.

Over the whole period, industry (including construction), value added in Canada peaked at 601.87 billion current US$ in 2022 and was at its lowest, 170.84 billion current US$, in 1998.

Canada ranks 9th of 208 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 26 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 181.22 billion current US$ 170.84 billion current US$ 190.61 billion current US$ 3
2000s 316.25 billion current US$ 211.86 billion current US$ 460.40 billion current US$ 10
2010s 441.33 billion current US$ 360.82 billion current US$ 497.65 billion current US$ 10
2020s 498.73 billion current US$ 376.47 billion current US$ 601.87 billion current US$ 3

Countries ranked near Canada

  1. 6 Russia 760.03 billion current US$ compare
  2. 7 United Kingdom 659.99 billion current US$ compare
  3. 8 South Korea 642.79 billion current US$ compare
  4. 10 Italy 577.68 billion current US$ compare
  5. 11 France 564.77 billion current US$ compare
  6. 12 Mexico 560.12 billion current US$ compare

See the full ranking of 255 places →

More economy & growth data for Canada

All data for Canada →

Frequently asked questions

What is industry (including construction), value added in Canada?
Industry (including construction), value added in Canada was 601.87 billion current US$ in 2022, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest industry (including construction), value added recorded in Canada?
The highest recorded value was 601.87 billion current US$ in 2022.
What is the lowest industry (including construction), value added recorded in Canada?
The lowest recorded value was 170.84 billion current US$ in 1998.
How does Canada rank for industry (including construction), value added?
Canada ranks 9th out of 208 countries with data for 2022.
Is industry (including construction), value added rising or falling in Canada?
Over the last ten years it is up 22.1%. The long-run trend across the full record is rising.
Where does this Canada data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Industry (including construction), value added (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
255 places, 11,330 data points, 1960–2025
Last refreshed

Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.