As per International Monetary Fund (IMF) Canada’s real gross
domestic product is expected to grow at a CAGR of 1.8% from it’s 2015 level
of CAD 1770.20
billion and reach CAD
2005.13 billionby 2022.
Canada, is a country in North America consisting of 10 provinces and 3
territories. Located in the northern part of the continent, it extends from the
Atlantic to the Pacific and northward into the Arctic Ocean. At 9.98 million sq
km in total, Canada is the world's second-largest country by total area, and
its common border with the United States is the world's longest land border
shared by the same two countries.
Canada
had estimated population of 36.229 million in the year 2016 and expected to
reach 38.757 million by 2022. Canada’s 18.083 million was employed in 2016 and
the unemployment rate was 7% of total labor force.
Canada’s
real gross domestic product (GDP) was around CAD 1795.56 billions in 2016
whereas the nominal GDP was CAD 2026.83 billions. This resulted in GDP deflator
112.88. Per capita GDP was estimated at USD 42210.13 whereas purchasing power
parity (PPP) based per capita GDP was estimated to be at USD 46437.16.
The
output gap for Canada in 2016 was negative at 0.939% of the potential GDP it is
expected to grow at a CAGR of 180.68% and reach 0.19% of the potential GDP.
In
2016, Canadian government’s revenue was CAD 786.772 billions whereas the
expenditure was CAD 826.202 billions. This resulted Canadian government’s net
lending / borrowing negative at CAD 39.43 billion in 2016 indicating that
enough financial resources were not made available by the government to boost
economic growth.
The
current account balance for Canada was estimated to be negative at USD 51.075
billions for the year 2016 and is expected to decrease at a CAGR of 5.86% and
reach USD 34.594 by 2022. This negative current account balance indicates the
Canada is net borrower from the whole world.
The newly launched market research reports featuring Canada’s
PESTEL analysis, SWOT analysis and Risk analysis are aimed at providing
insights about Canadian economy and market.
Scope of the
Canada PESTEL Analysis, SWOT Analysis and Risk Analysis Market Research Reports
- These reports provide information about key macroeconomic indicators for Canada.
- These reports provide PESTELE (political, economic, social, technological, environmental and legal) analysis for Canada.
- These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for Canada.
- These reports provide risk analysis for Canada.
For more information
and to purchase Canada PESTEL Analysis
Market Research Report please visit: http://www.marketresearchreports.com/market-research-reports-inc/canada-pestel-analysis-market-research-report
For more information and
to purchase CanadaSWOT Analysis Market
Research Report please visit:http://www.marketresearchreports.com/market-research-reports-inc/canada-swot-analysis-market-research-report
For more information
and to purchase CanadaRisk Analysis
Market Research Report please visit:
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