Data:

2015 - 2024, except United States and Japan 2015 -2023. Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.

Info:

Canada: 7th among G7 in all years

In 2023,

8.19% of United States

38.25% of Japan

47.90% of Germany

57.03% of United Kingdom

67.37% of France

91.27% of Italy

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?