KYC Economy - GDP

GDP per capita (constant 2015 US$), G7

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Source: World Bank, WDI

Information

Data:

2015 - 2024

Info:

In 2024, UK (2nd): 48K, Canada (3rd): 44K, Germany (4th): 44K, France (5th): 40K, Japan (6th): 37K.

Difference of Canada and 5th place: 4.7K (10.65% of Canada)

In 2023, UK (2nd): 48K, Canada (3rd): 45K, France (4th): 44K, France (5th): 39K, Japan (6th): 37K.

Difference of Canada and 5th place: 5.7K (12.72% of Canada)

3 Differentiating Factors Behind Canada's GDP among G7:

1) Net Migration

-Net Migration (% of Population), G7

-Cumulative Net Migration, G7

-Cumulative Net Migration (% of Population), G7

2) International Students Policy

-No. of International Students, Canada

3) Natural Resources

-Total natural resources rents (% of GDP), G7

-Natural Resources Sector (GDP), Canada

-Natural Resources Sectors contributed to nominal GDP (% of GDP), Canada

Insights:

1)Three Differentiating Factors Behind Canada's GDP among G7

2)Without those 3 tricks and the historically low-interest-rate environment, what would be left?