National Accounts: GDP by Expenditure: Constant Prices: Private Final Consumption Expenditure for Canada
Index 2015=100, Quarterly
NAEXKP02CAQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
116.74
Year-over-Year Change
10.80%
Date Range
1/1/1960 - 7/1/2023
Summary
The Index 2015=100, Quarterly series measures the real gross domestic product (GDP) per capita for Canada, with the base year set to 2015. This metric provides insights into the country's economic growth and development.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Index 2015=100, Quarterly series tracks the real GDP per capita for Canada, a key indicator of a country's economic performance and living standards. It is widely used by economists, policymakers, and analysts to assess a nation's overall economic health and development over time.
Methodology
The data is collected and calculated by the U.S. Federal Reserve using national accounts and population statistics.
Historical Context
This trend is commonly used to monitor Canada's economic progress and benchmark its performance against other countries.
Key Facts
- Canada's real GDP per capita reached a record high in 2021.
- The index has shown steady growth over the past decade.
- Canada's GDP per capita is among the highest in the developed world.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Quarterly series measures the real gross domestic product (GDP) per capita for Canada, with the base year set to 2015.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Canada's economic growth and development, and is widely used by economists, policymakers, and analysts to assess the country's overall economic health.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve using national accounts and population statistics.
Q: How is this trend used in economic policy?
A: This trend is commonly used to monitor Canada's economic progress and benchmark its performance against other countries, informing economic policies and decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly, with occasional delays due to the time required to collect and process the necessary information.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (NAEXKP02CAQ661S), retrieved from FRED.