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Canada Output Gap, Percent of Potential GDP Statistics

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Country or Region: Canada › Change country
Economic Indicator: Output Gap, Percent of Potential GDP › See all Canada indicators, › See Output Gap, Percent of Potential GDP data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Canadian Dollar
Currency Symbol: CAD

Output gaps for advanced economies are calculated as actual GDP less potential GDP as a percent of potential GDP. Estimates of output gaps are subject to a significant margin of uncertainty. See notes for: Gross domestic product, constant prices (National currency).

Output Gap, Percent of Potential GDP Statistics for Canada , Year 2010 - In Detail

Output Gap, Percent of Potential GDP for Canada in year 2010 is -2.418 %

This makes Canada No. 11 in world rankings according to Output Gap, Percent of Potential GDP in year 2010. The world's average Output Gap, Percent of Potential GDP value is -0.36 %; Canada is 2.06 less than the average.

In the previous year, 2009, Output Gap, Percent of Potential GDP for Canada was -3.83 % Output Gap, Percent of Potential GDP for Canada in 2010 was or will be 36.80% less than it was or will be in 2009.

In the following or forecasted year, 2011, Output Gap, Percent of Potential GDP for Canada was or will be -1.50 %, which is 38.09% less than the 2010 figure.

* Source: IMF
Output Gap, Percent of Potential GDP for Canada, in other Years
Year %
  2016 0.001
  2015 0.045
  2014 0.024
  2013 -0.176
  2012 -0.782
  2011 -1.497
2010 -2.418
  2009 -3.826
  2008 0.061
  2007 1.682
  2006 1.741
  2005 1.472
  2004 1.095
  2003 0.551
  2002 1.332
  2001 1.133
  2000 2.564
  1999 0.974
  1998 -0.739
  1997 -1.202
  1996 -1.127
  1995 0.629
  1994 0.802
  1993 -1.44
  1992 -1.937
  1991 -1.596
  1990 1.5
  1989 2.632
  1988 2.07
  1987 0.5
  1986 -0.571
  1985 0.376
  1984 -0.913
  1983 -3.34
  1982 -3.235
  1981 2.103
  1980 1.061