Canada: Manufacturing, value added (% of GDP)

Key figures

What the numbers say

In 2022, Canada's manufacturing, value added (% of GDP) fell 0.2 percentage points on 2021 (from 9.53% to 9.32%).

Across the 24 yearly changes before that (1998 to 2021), the average change was −0.28 percentage points and a typical year strayed about 0.52 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 0.92 percentage points in 1999 and the biggest yearly fall was 1.3 percentage points in 2008. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2013 to 2022 the straight-line trend is downward, about 0.08 percentage points a year. A straight line explains 46% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

See how every economy compares in the full ranking.

Closest to Canada in the 2022 ranking

• Guinea — 1st of 2: 12.75%

What this measures

Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Limitations: Ideally, industrial output should be measured through regular censuses and surveys of firms. But in most developing countries such surveys are infrequent, so earlier survey results must be extrapolated using an appropriate indicator. The choice of sampling unit, which may be the enterprise (where responses may be based on financial records) or the establishment (where production units may be recorded separately), also affects the quality of the data. Moreover, much industrial production is organized in unincorporated or owner-operated ventures that are not captured by surveys aimed at the formal sector.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 26 values

Manufacturing, value added (% of GDP) in nearby economies

• Bermuda — 0.31% (2024)
• United States — 10.53% (2021)

More economic policy & debt data for Canada

• Trade in services (% of GDP) — 14.75% (2025)
• Communications, computer, etc. (% of service imports, BoP) — 48.08% (2025)
• Primary income payments (BoP, current US$) — US$196.83 billion (2025)
• Imports of goods and services (current US$, BoP) — US$747.73 billion (2025)
• Goods imports (current US$, BoP) — US$577.62 billion (2025)
• Service imports (current US$, BoP) — US$170.11 billion (2025)
• Imports of goods, services and primary income (current US$, BoP) — US$944.56 billion (2025)
• Transport services (% of service imports, BoP) — 16.84% (2025)
• Travel services (% of service imports, BoP) — 25.55% (2025)

Reading data like this

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Questions people ask

What is Canada's manufacturing, value added (% of GDP)?

9.32% in 2022, according to the World Bank (World Development Indicators).

How has it changed since 1997?

It is down 6.91 percentage points from 16.23% in 1997. The highest value was 17.36% in 1999 and the lowest 9.3% in 2020.

Is the latest change in manufacturing, value added (% of GDP) unusual for Canada?

In 2022, Canada's manufacturing, value added (% of GDP) fell 0.2 percentage points on 2021 (from 9.53% to 9.32%). Across the 24 yearly changes before that (1998 to 2021), the average change was −0.28 percentage points and a typical year strayed about 0.52 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Where does this data come from?

The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB).

Source

World Bank, World Development Indicators, indicator NV.IND.MANF.ZS, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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