KYC Economy - Natural Resources Contribution

Natural Resources Sector GDP (Million CAD$), Canada

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Source: Statistics Canada, Provincial and territorial natural resource indicators, Natural resources sector, GDP

Information

Data:

2015 - 2023

Info:

In 2022, highest of all time, increased by 30.65%

In 2023, 2nd highest of all time

To identify the characteristic of Canada economy structure comparing to G7, seeTotal Natural Resources Rents (% of GDP), G7.

In 2021, Canada (1st): 4.95%, United States (2nd): 1.28%, France (7th): 0.03%.

To track and understand natural resrouces contribution to GDP of Canada, see

1)Natural Resources Sector (GDP), Canada

2)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?