National Accounts: GDP by Expenditure: Constant Prices: Gross Fixed Capital Formation for Canada

Index 2015=100, Annual

NAEXKP04CAA661S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

104.40

Year-over-Year Change

12.67%

Date Range

1/1/1961 - 1/1/2022

Summary

The 'Index 2015=100, Annual' economic trend measures the annual growth rate of real gross domestic product (GDP) per capita in Canada. This metric is a key indicator of a country's economic performance and living standards.

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, Annual trend represents the annual change in real GDP per capita in Canada, adjusted for inflation and population growth. It provides a more comprehensive measure of economic well-being than GDP alone, as it accounts for both overall economic expansion and improvements in individual living standards.

Methodology

The data is calculated by the U.S. Federal Reserve using official statistics from Statistics Canada.

Historical Context

This trend is widely tracked by economists, policymakers, and financial analysts to assess the health and trajectory of the Canadian economy.

Key Facts

  • Canada's real GDP per capita grew by 0.9% in 2021.
  • The Index 2015=100, Annual trend reached a low of -5.2% in 2020 due to the COVID-19 pandemic.
  • This metric is a reliable barometer of Canada's economic prosperity and quality of life.

FAQs

Q: What does this economic trend measure?

A: The Index 2015=100, Annual measures the annual growth rate of real gross domestic product (GDP) per capita in Canada, adjusting for inflation and population changes.

Q: Why is this trend relevant for users or analysts?

A: This metric provides a comprehensive assessment of economic well-being and living standards in Canada, making it a crucial indicator for economists, policymakers, and investors.

Q: How is this data collected or calculated?

A: The data is calculated by the U.S. Federal Reserve using official statistics from Statistics Canada.

Q: How is this trend used in economic policy?

A: Governments and central banks closely monitor the Index 2015=100, Annual to gauge the overall health of the Canadian economy and inform policy decisions related to fiscal, monetary, and social welfare programs.

Q: Are there update delays or limitations?

A: The data is published annually with a relatively short delay, making it a timely indicator of Canada's economic performance.

Related Trends

Citation

U.S. Federal Reserve, Index 2015=100, Annual (NAEXKP04CAA661S), retrieved from FRED.