Gross Domestic Product
Gross Domestic Product (GDP) is a measure of the economic production which takes place within the geographical boundaries of a province or country. It can be measured at basic prices (by industry) or at market prices in chained 2012 dollars.
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Gross Domestic Product at Basic Prices ($ billion)

Trend % CHANGE
Gross Domestic Product at Basic Prices ($ billion)
TREND: INC DEC NO CHG POS NEG
Gross Domestic Product at Basic Prices ($ billion)
TREND: INC DEC NO CHG POS NEG

Analysis

PUBLISHED - Nov 8, 2022
Alberta's GDP at basic prices was $322.9 billion in 2021, an increase of 4.9% from 2020. GDP increased in all provinces except Saskatchewan. Prince Edward Island had the largest increase (+7.9%), followed by British Columbia (+6.2%), and Nova Scotia (+6.2%). In Alberta, GDP increased for most industries, with Mining, quarrying and oil and gas extraction (+10.3%), Health care and social assistance (+9.9%), Accommodation and food services (+8.6%) and Construction (+6.8%) seeing the largest increases. GDP in the Management of companies and enterprises (-27.3%), Agriculture, forestry, fishing and hunting (-23.0%), and Utilities (-2.6%) industries decreased. Alberta's GDP at market prices increased 4.8% year-over-year to $335.6 billion in 2021.

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