ontario gdp by industry
Ontario’s GDP By Industry . Nationally, real GDP by industry rose 2.0%. Find a job: Search for full-time or part-time jobs anywhere in Ontario – or across Canada. Gross domestic product of Ontario, Canada in 2019, by industry (in million chained 2012 Canadian dollars) [Graph]. Directly accessible data for 170 industries from 50 countries (billed annually). Are you interested in testing our corporate solutions? GDP by Industry. Please log in to access our additional functions, *Duration: 12 months, billed annually, single license, The ideal entry-level account for individual users. 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. Read about the economic contribution of mining to the province. Information appearing in the Statistics area of the OMAFRA web site are compiled by the Policy Division, to serve as the source of agriculture and food statistics for the province of Ontario. 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. Gross domestic product is steadily increasing Please contact us to get started with full access to dossiers, forecasts, studies and international data. 1 Profit from additional features by authenticating your Admin account. Labour market information and statistics can help you plan your career. Alberta and its main industry support thousands of jobs and create billions in GDP and markets for Ontario businesses. "Gross domestic product of Ontario, Canada in 2019, by industry (in million chained 2012 Canadian dollars)." Please create an employee account to be able to mark statistics as favorites. On November 9, 2020 Statistics Canada released revised figures for 2017 to 2019 provincial and territorial gross domestic product by industry. 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. In, StatCan. Register in seconds and access exclusive features. 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. Social. 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. Corporate solution including all features. Well, it gives real, substantial insight into economic activity in Canada. Directly accessible data for 170 industries from 50 countries ONTARIO’S AUTO INDUSTRY — FACTS AND FIGURES Ontario has a strong track record of building cars and car parts. canada gdp by industry, annual. GDP: Figures 1 and 2. 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. New, Figures and insights about the advertising and media world, Industry Outlook So, what is the buzz about? In that year, the construction industry accounted for 6.78 percent of the GDP of Ontario. Gross Domestic Product (GDP): GDP is the total of all goods and services produced within the boundaries of a country. Register in seconds and access exclusive features. 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 Ontario’s net debt-to-GDP ratio will rise to 40.7% in the year 2019-2020. 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. Please authenticate by going to "My account" → "Administration". by | Oct 30, 2020 | Tuskegee | 0 comments | Oct 30, 2020 | Tuskegee | 0 comments In 2014, the oil and gas extraction sector accounted for $109.7 billion or 5.9 percent of Canada’s nominal GDP. There has been a significant growth in this sector of the economy over the past few years primarily because of increa… Jobs and the Economy. and over 1 Mio. Ontario generates 37% of the national GDPand is home to almost 50% of all employees in high tech, financial services and other knowledge-intensive industries”. The ICT sector makes a substantial contribution to Canada’s GDP. $59 per month* The auto industry is a key element of Ontario’s economy: ONLY PROVINCE in Canada that builds cars and trucks 2.4% of Ontario’s overall GDP; 18.5% of manufacturing GDP (2017 figures) INTEGRATED SUPPLY CHAIN — New, Everything you need to know about the industry development, Find studies from all around the internet. The production estimates are published for 198 separate industries and 89 aggregates to provide a variety of levels of detail useful for analysis of industrial econ… Real GDP declined in Newfoundland and Labrador. However, this lingering deficit, alongside increased infrastructure spending, is expected to push the net debt-to-GDP … Learn more about work trends and the skills, education and training you need for jobs today, and in the future. Among the provinces, the strongest growth occurred in Prince Edward Island (+2.6%), followed by Quebec (+2.5%), British Columbia (+2.4%), Alberta (+2.3%) and Ontario (+2.2%). 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. Ontario’s economy thrives through its unique combination of resources, manufacturing expertise, exports and a drive for innovation. The GDP by industry approach measures GDP by calculating the total output of the goods and services producing industries within Ontario’s economy and subtracting the cost of intermediate inputs used in final production. facts. Your support ID is: 6172144068346503131. In Ontario, transportation equipment manufacturing is 20.2% of GDP. Gross domestic product (GDP) is a monetary measure of the value of all final goods and services produced in a period. Financial Growth Related To Mortgages. The auto industry directly employs 101,000 people in Ontario, 85% of the Canadian total. Real gross domestic product grew 0.8% in September, on the heels of a 0.9% increase in August. ", 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. Select Page. Then you can access your favorite statistics via the star in the header. Strong growth continued in 2018 as the sector grew by 3.7%, outpacing the Canadian economy growth of 2.3% by over a percentage point. (billed annually). Direct industry employment in Canada accounts for 130,000. This statistic shows the gross domestic product (GDP) of Ontario in 2019, by industry. All ICT sub-sectors experienced positive growth in 2018. Update, Insights into the world's most important technology markets, Advertising & Media Outlook New, Figures and insights about the advertising and media world, Industry Outlook 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. Ontario real GDP, measured as value-added by industry, declined 12.4% in the second quarter of 2020. (June 1, 2020). The growth rates of GDP provide an indication of how well an industry or an economy is doing. Why are people so keen to obtain this information? Chart. Nationally, auto and parts production accounts for about 16.8% of manufacturing sales. "Distribution of gross domestic product of Ontario, Canada in 2019, by industry." Then you will be able to mark statistics as favourites and use personal statistics alerts. Chart. 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. Value of mineral production in Ontario was $10.7 billion in 2019. facts. 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. Learn more about how Statista can support your business. Corporate solution including all features. Update, Insights into the world's most important technology markets, Advertising & Media Outlook 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. Ranking second in this industry is the business services sector which includes real estate, financial services, and communications. Ottawa's GDP growth remained stable at 2.4% in 2005. Please log in to access our additional functions, *Duration: 12 months, billed annually, single license, The ideal entry-level account for individual users. The retail sector is a huge employer with more than 12% of Canadians working in this part of the service industry. Canadian Industry Statistics (CIS) analyses industry data on many economic indicators using the most recent data from Statistics Canada.CIS looks at industry trends and financial information, such as GDP, Labour Productivity, Manufacturing and Trade data. The term "gross" in GDP means that capital consumption costs, that is the costs associated with the depreciation of capital assets (buildings, machinery and equipment), are included. By Ven Venkatachalam and Mark Milke on October 19, 2020, 12:09 am MDT. Statista. Canada’s banking system ranks first in the G7 for the 11th year and it is one of the soundest in the world. This GDP series is published on a monthly basis and thus In, StatCan. ", 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. 20.2 % of GDP or an economy is doing extraction sector accounted for 6.78 of. 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