ontario gdp by industry

"Gross Domestic Product of Ontario, Canada in 2019, by Industry (in Million Chained 2012 Canadian Dollars). Read about the economic contribution of mining to the province. Your support ID is: 6172144068346503131. Manufacturing Industry Statistics, Ontario. Even with the decline in the world crude oil price, in 2016 the oil and gas extraction sector still accounted for $41.6 billion or 2.2 percent of Canada’s nominal GDP. This statistic shows the gross domestic product (GDP) of Ontario in 2019, by industry. In, StatCan. Please contact us to get started with full access to dossiers, forecasts, studies and international data. This fifth consecutive monthly increase continued to offset the steepest drops on record in Canadian economic activity observed in March and April. Ottawa's GDP growth remained stable at 2.4% in 2005. GDP at basic prices is the sum of its factor incomes (wages and salaries, supplementary labour income, mixed income, and other operating surplus) plus taxes on production less subsidies on production. Important Facts Facts about the automotive industry in Canada: Economics Auto manufacturing regularly contributes over $20 billion to Canadian GDP. Why are people so keen to obtain this information? Ontario’s GDP By Industry . Output in both service-producing (-11.2%) and goods-producing (-16.5%) industries declined. Ontario’s net debt-to-GDP ratio will rise to 40.7% in the year 2019-2020. New, Everything you need to know about the industry development, Find studies from all around the internet. Meanwhile, Ontario’s government is projecting its considerable shortfall to shrink to $28 billion from its current $38.5 billion level by FY 2022/23. Chart. Nationally, auto and parts production accounts for about 16.8% of ‎manufacturing sales. Ziad Ghanem, director of Statistics Canada's Industry Accounts Division, notes that while national and provincial GDP data are exceptionally useful for providing an overall picture of the country's and provinces' economic health, these data do not provide the kind of information that allows users to assess the economic performance of Canada's cities and study … (billed annually). The economy of Ontario is diversified. Please create an employee account to be able to mark statistics as favorites. Sunset over Lake Ontario with Toronto's skyline in the distance. Chart. StatCan. Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Profit from additional features with an Employee Account. Please log in to access our additional functions, *Duration: 12 months, billed annually, single license, The ideal entry-level account for individual users. So, what is the buzz about? Ontario is the largest economy in Canada. "Gross domestic product of Ontario, Canada in 2019, by industry (in million chained 2012 Canadian dollars)." Gross domestic product is steadily increasing You only have access to basic statistics. 19% of Ontario’s provincial growth was in finance and insurance – an industry also tied to real estate. It is also known as the Output based GDP, because it sums the value added (output less intermediate consumption of goods and services) of all industries in Canada. On November 9, 2020 Statistics Canada released revised figures for 2017 to 2019 provincial and territorial gross domestic product by industry. Meanwhile, t… The growth rates of GDP provide an indication of how well an industry or an economy is doing. Direct industry employment in Canada accounts for 130,000. For example, Canada’s GDP includes goods and services produced by Canadian and foreign-owned corporations inside Canada, but it does not include goods and services produced by Canadian corporations outside Canada. Gross Domestic Product (GDP) by industry at basic prices is a measure of the economic production which takes place within the geographical boundaries of Canada. The GDP of an indus… Gross Domestic Product (GDP) by industry is one of the three GDP series produced by the CSNA. by | Oct 30, 2020 | Tuskegee | 0 comments | Oct 30, 2020 | Tuskegee | 0 comments Ontario’s economy thrives through its unique combination of resources, manufacturing expertise, exports and a drive for innovation. StatCan. The service industry in Canada is diverse and accounts for close to 70% of the GDP. In 2014, the oil and gas extraction sector accounted for $109.7 billion or 5.9 percent of Canada’s nominal GDP. Update, Insights into the world's most important technology markets, Advertising & Media Outlook In 2018, the sector’s GDPwas $86.6 billion (in 2012 constant dollars), and accounted for 4.5% of national GDP. ONTARIO’S AUTO INDUSTRY — FACTS AND FIGURES Ontario has a strong track record of building cars and car parts. Manufacturing output decreased 23.3% with widespread declines across sub-sectors. Profit from additional features by authenticating your Admin account. Gross Domestic Product (GDP): GDP is the total of all goods and services produced within the boundaries of a country. Ontario, the country's most populous province, is a manufacturing and trade locus with extensive linkages to the northeastern and midwestern United States. Gross Domestic Product (GDP) Forecast Definitions. Accessed December 28, 2020. https://www.statista.com/statistics/607895/gdp-distribution-of-ontario-canada-by-industry/, StatCan. (June 1, 2020). Please enable JavaScript to view the page content. Well, it gives real, substantial insight into economic activity in Canada. In 2019, the GDP of the construction industry in Ontario was 50.79 billion chained 2012 Canadian dollars. There has been a significant growth in this sector of the economy over the past few years primarily because of increa… Then you can access your favorite statistics via the star in the header. Real GDP declined in Newfoundland and Labrador. and over 1 Mio. The mining industry creates 26,000 direct jobs and approximately another 46,000 indirect jobs in mineral processing and mining supply and services in Ontario. "Distribution of gross domestic product of Ontario, Canada in 2019, by industry." By Ven Venkatachalam and Mark Milke on October 19, 2020, 12:09 am MDT. Update, Insights into the world's most important technology markets, Advertising & Media Outlook Gross domestic product (GDP) is a monetary measure of the value of all final goods and services produced in a period. Distribution of gross domestic product of Ontario, Canada in 2019, by industry [Graph]. Statistics Canada is the national statistical office. Please do not hesitate to contact me. The primary mandate of this statistical program is to compile and disseminate current measures of Gross Domestic Product (GDP) at basic prices by industry, at the provincial and territorial level. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Population of Ontario by age and sex 2020, Number of deaths in Ontario, Canada 2001-2020. canada gdp by industry, annual. The agency ensures Canadians have the key information on Canada's economy, society and environment that they require to function effectively as citizens and decision makers. ", StatCan, Distribution of gross domestic product of Ontario, Canada in 2019, by industry Statista, https://www.statista.com/statistics/607895/gdp-distribution-of-ontario-canada-by-industry/ (last visited December 28, 2020), Distribution of gross domestic product of Ontario, Canada in 2019, by industry, Population estimates for Ontario, Canada 2000-2020, Population of Ontario, by educational attainment 2019, Number of births in Ontario, Canada 2001-2020, Net interprovincial migrants Ontario 2001-2020, Number of recent immigrants in Ontario 2001-2020, GDP distribution of Ontario, Canada, by industry 2019, Average annual household expenditures in Ontario, Canada 2017, Canadian business counts without employees, by province or territory 2019, Ontario business counts with employees, by NAICS category 2019, Canada: labor productivity Ontario 2000-2019, Number of employed people in Ontario, Canada by industry 2019, Employment in Ontario, by level of employment 2000-2019, Unemployment rate Ontario, Canada 2000-2019, Number of jobs in Ontario, by NAICS category 2019, Median total family income Ontario 2000-2018, Median employment income of tax filers in Ontario 2000-2018, Weekly earnings of employees Ontario 2001-2019, Labor participation rate Ontario 2000-2018, Provincial government revenue and expenditure of Ontario 2007-2019, Assets and liabilities Ontario provincial government 2007-2019, Revenue of the Ontario provincial government, by source 2019, Expenses of the Ontario provincial government, by source 2019, Assets of the Ontario government by type 2019, Liabilities of the Ontario government by type 2019, Expenditure disposals in the administrative and support sector in the UK 2009-2018, Stocks and works in progress in accommodation sector in the UK 2009-2015, Stocks and work in progress in the agriculture, forestry industry UK 2009-2018, Employment costs in the human health and social work sector in the UK 2009-2018, Capital expenditure in the wholesale and retail trade sector in the UK 2009-2018, Capital expenditure in the human health and social work sector in the UK 2009-2018, Metropolitan area retail sales in Canada in 2015, Capital acquisitions in the education sector in the UK 2009-2018, Perceptions on the future of the economy in Cambodia 2016, Share of bosses with selected types of compensations in Sweden 2016, Per capita real GDP of Colorado 2000-2019, Adult population distribution by wealth group in Taiwan 2019, Contribution of wholesale and retail trade to the GDP in Abu Dhabi 2013-2019, U.S. consumers' willingness to pay for personal shopping/style advice 2017, Iowa's energy-related carbon dioxide emissions 2000-2013, Average price of a keyboard synthesizer in the United States 2005-2019, Most used brands of tomato paste in the U.S. 2011-2020, Economic recovery from the recession - change in employment by gender, Smart Home revenue forecast in the segment Security in the United Kingdom until 2025, Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre, Professional, scientific and technical services, Administrative and support, waste management and remediation services, Other services (except public administration), Agriculture, forestry, fishing and hunting, Mining, quarrying, and oil and gas extraction. This approach can also be referred to as the value-added approach as it quantifies the additional value generated by industries through the production of final products within the economy. The software and computer services and ICT wholesaling sub-sectors posted the strongest growth, up 7.7% and 11.4% respectively. Food Store and Foodservice Industry: 2017-2018 (excel) Food Availability (per person), Canada (excel) Selected Fruits and Vegetables: 2008-2018; Selected Foods: 2008-2018; Economic Indicators Corporate solution including all features. Are you interested in testing our corporate solutions? Profit from additional features by authenticating your Admin account. Ranking second in this industry is the business services sector which includes real estate, financial services, and communications. New, Everything you need to know about the industry development, Find studies from all around the internet. Please authenticate by going to "My account" → "Administration". This annual release of Gross Domestic Product (GDP) by Industry by Statistics Canada provides current measures of Gross Domestic Product by Industry, at the provincial and territorial level.. Overview. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook Canadian GDP by industry for September 2020. GDP: Figures 1 and 2. Select Page. Ontario’s culture GDP is larger than that of the accommodation and food services industry ($16.2 billion), the utilities industry ($14.6 billion), the agriculture, forestry, fishing and hunting industries combined ($7.4 billion) and mining, quarrying, and oil and gas extraction ($6.9 billion). facts. This statistic shows the distribution of the gross domestic product (GDP) of Ontario in 2019, by industry. Learn more about Ontario’s highly diversified economy Gross Domestic Product (Third Estimate), Corporate Profits (Revised), and GDP by Industry, Third Quarter 2020 Real gross domestic product (GDP) increased at an annual rate of 33.4 percent in the third quarter of 2020, as efforts continued to reopen businesses and resume activities that were postponed or restricted due to COVID-19. In Ontario, transportation equipment manufacturing is 20.2% of GDP. Please contact us to get started with full access to dossiers, forecasts, studies and international data. Auto workers’ paycheques contributed $6.1 billion to the Ontario economy in 2014 (or $17 million per day). The Ontario industry produced vehicles and parts worth $73 billion in 2014, (or $201 million per day). Learn more about how Statista can support your business. Statista. Recovery to go into reverse in December and January The economy continued to recover at a decent pace in October and November despite the various restrictions imposed on high-risk services, but the broader lockdowns coming into effect in Ontario and Quebec mean GDP is set to drop back in December and January. Though manufacturing plays an important role in Ontario's economy responsible for 12.6% of Ontario's GDP, the service sector makes up the bulk, 77.9%, of the economy. This article lists Canadian provinces and territories by gross domestic product (GDP).. Labour market information and statistics can help you plan your career. Nationally, real GDP by industry rose 2.0%. The ICT sector makes a substantial contribution to Canada’s GDP. (June 1, 2020). ", StatCan, Gross domestic product of Ontario, Canada in 2019, by industry (in million chained 2012 Canadian dollars) Statista, https://www.statista.com/statistics/607692/gdp-of-ontario-canada-by-industry/ (last visited December 28, 2020), Gross domestic product of Ontario, Canada in 2019, by industry, (in million chained 2012 Canadian dollars), Population estimates for Ontario, Canada 2000-2020, Population of Ontario, by educational attainment 2019, Number of births in Ontario, Canada 2001-2020, Net interprovincial migrants Ontario 2001-2020, Number of recent immigrants in Ontario 2001-2020, GDP distribution of Ontario, Canada, by industry 2019, Average annual household expenditures in Ontario, Canada 2017, Canadian business counts without employees, by province or territory 2019, Ontario business counts with employees, by NAICS category 2019, Canada: labor productivity Ontario 2000-2019, Number of employed people in Ontario, Canada by industry 2019, Employment in Ontario, by level of employment 2000-2019, Unemployment rate Ontario, Canada 2000-2019, Number of jobs in Ontario, by NAICS category 2019, Median total family income Ontario 2000-2018, Median employment income of tax filers in Ontario 2000-2018, Weekly earnings of employees Ontario 2001-2019, Labor participation rate Ontario 2000-2018, Provincial government revenue and expenditure of Ontario 2007-2019, Assets and liabilities Ontario provincial government 2007-2019, Revenue of the Ontario provincial government, by source 2019, Expenses of the Ontario provincial government, by source 2019, Assets of the Ontario government by type 2019, Liabilities of the Ontario government by type 2019, Employment costs in the human health and social work sector in the UK 2009-2018, Capital expenditure in the human health and social work sector in the UK 2009-2018, Metropolitan area retail sales in Canada in 2015, Capital acquisitions in the education sector in the UK 2009-2018, Capital expenditure disposals in construction sector in the United Kingdom 2009-2018, Expenditure disposals in the administrative and support sector in the UK 2009-2018, Perceptions on the future of the economy in Cambodia 2016, Stocks and works in progress in accommodation sector in the UK 2009-2015, Stocks and work in progress in the agriculture, forestry industry UK 2009-2018, Capital expenditure in the wholesale and retail trade sector in the UK 2009-2018, Disposable income per capita Cambodia 2011-2017, Annual rate of change in private consumption expenditure in Hong Kong 2013-2019, Entrepreneurial income per household in Taiwan 2009-2019, Ratio of government revenue to GDP Brunei 2012-2019, Per capita real GDP of Michigan 2000-2019, Home textiles market share in North America 2014-2020, by category, Kentucky's energy-related carbon dioxide emissions 2000-2013, U.S.: Top ten states with the most number of women-owned firms 2018, Most used types of mustard in the U.S. 2011-2020, U.S. product shipment value of breakfast cereals 2002-2016, Gross domestic product of Ontario, Canada in 2019, by industry (in million chained 2012 Canadian dollars), Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre, Professional, scientific and technical services, Administrative and support, waste management and remediation services, Other services (except public administration), Agriculture, forestry, fishing and hunting, Mining, quarrying, and oil and gas extraction. 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