Current state of Canada’s economy


  • Oksana Barvinchenko Vasyl' Stus Donetsk National University


Canada‘s economy is highly developed and has the ninth largest nominal GDP. Like in other developed countries, the service sector, which employs about three-quarters of Canadians, dominates the country‘s economy. Canada has the third highest total estimated natural resource, valued at $ 33.2 trillion. It has the third largest proven oil reserves in the world and is the fourth largest oil exporter. Canada is very reminiscent of the United States for its market economy. Leading industries include automotive and other industries, forest products, minerals and oil. About three-quarters of Canada‘s exports join the United States, so the continuation of free trade agreements with the South Court is crucial to Canada's economic well-being.


ВВП на душу населення [Електронний ресурс]. Режим доступу:

VVP na dushu naselennia [GDP per capita]. Retrieved from: [in Ukrainian].

Експорт Канади з часом: ресурси та промислові товари [Електронний ресурс]. Режим доступу: x2017005-eng.htm

Eksport Kanady z chasom: resursy ta promyslovi tovary [Canada‘s exports over time: resources and manufactured goods]. Retrieved from: [in Ukrainian].

Експорт Канади [Електронний ресурс]. Режим доступу:

Eksport Kanady [Canada‘s exports]. Retrieved from: [in Ukrainian].

Імпорт Канади [Електронний ресурс]. Режим доступу:

Import Kanady [Canada‘s imports]. Retrieved from: [in Ukrainian].






IІ. Economic sciences