Canada GDP Growth Rate — 2026 Data, Trend & Forecast
Canada's GDP growth rate was -0.05% in March 2026, down from 0.70% the previous quarter. A year earlier it stood at 3.09%.
Canada's GDP growth rate stands at -0.05% as of March 2026. The GDP growth rate currently sits at -0.05% (down from 0.70% in the prior quarter). Across the tracked window it has ranged between -12.24% and 12.89%, and is 3.14% lower than a year ago.
The trend
Among the 214 economies tracked on this platform, Canada ranks #195 on GDP growth rate by latest value. It fell from 0.70% in the previous quarter, and compares with a year-earlier 3.09%.
What's driving it
Growth reflects household spending, investment, government outlays and net exports, and is sensitive to interest rates, global demand and confidence.
Recent readings
| Period | GDP growth rate |
|---|---|
| Mar 2026 | -0.05% |
| Dec 2025 | 0.70% |
| Sep 2025 | 1.65% |
| Jun 2025 | 2.01% |
| Mar 2025 | 3.09% |
| Dec 2024 | 3.10% |
| Sep 2024 | 2.44% |
| Jun 2024 | 1.65% |
Data: Source: OECD (terms permit extract/distribute, incl. commercial, with citation). Figures carry an effective date; confirm with the source before relying on them.
Frequently asked questions
What Is the GDP Growth Rate of Canada in 2026?
Canada's GDP growth rate was -0.05% in March 2026, down from 0.70% the previous quarter. A year earlier it stood at 3.09%.
Is the GDP growth rate rising or falling in Canada?
It fell in the latest reading — -0.05% in March 2026 versus 0.70% a quarter earlier. Year on year it is lower.
What is GDP growth rate?
It measures how fast the economy is expanding, measured as the annual change in gross domestic product.