GDP Deflator in Canada increased to 127.70 points in the first quarter of 2023 from 127.40 points in the fourth quarter of 2022. source: Statistics Canada

GDP Deflator in Canada averaged 61.60 points from 1961 until 2023, reaching an all time high of 129.90 points in the second quarter of 2022 and a record low of 11.80 points in the second quarter of 1961. This page provides - Canada GDP Deflator - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada GDP Deflator - data, historical chart, forecasts and calendar of releases - was last updated on August of 2023.

GDP Deflator in Canada is expected to be 131.76 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada GDP Deflator is projected to trend around 134.24 points in 2024 and 136.92 points in 2025, according to our econometric models.

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Canada GDP Deflator



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-02-28 01:30 PM Q4 -0.7% -1.2% -0.8%
2023-05-31 12:30 PM Q1 0.2% -0.7% 1.8% 0.5%


Related Last Previous Unit Reference
Inflation Rate 3.30 2.80 percent Jul 2023
Inflation Rate MoM 0.60 0.10 percent Jul 2023
Consumer Price Index CPI 158.10 157.20 points Jul 2023
Core Inflation Rate 3.20 3.20 percent Jul 2023
Core Consumer Prices 153.20 152.50 points Jul 2023
GDP Deflator 127.70 127.40 points Mar 2023
Producer Prices 124.90 124.40 points Jul 2023
Producer Prices Change -2.70 -5.50 percent Jul 2023
Export Prices 138.40 140.20 points Jun 2023
Import Prices 147.40 149.90 points Jun 2023
Food Inflation 7.80 8.30 percent Jul 2023
Wholesale Prices 137.60 133.00 points Jul 2023
CPI Transportation 172.40 170.20 points Jul 2023
CPI Housing Utilities 172.60 171.40 points Jul 2023

Canada GDP Deflator
In Canada, implicit price indexes are a byproduct of the deflation procedure, obtained by dividing an expenditure series expressed at current prices by the corresponding series expressed at constant prices. For all volume aggregates published in the Economic and Financial Accounts, the implicit price indexes are the chain Fisher price indexes.
Actual Previous Highest Lowest Dates Unit Frequency
127.70 127.40 129.90 11.80 1961 - 2023 points Quarterly
Seasonally Adjusted