Boasting a highly globalized, industrialized and urbanized economy, Canada is one of the wealthiest nations in the world and the fastest growing economy of all G7 countries.
Canada enjoys the ninth-largest economy in the world based on its GDP of US$1.64 trillion (World Bank data, 2020). Canada's per capita GDP of US$46,260.71 is ranked 20th globally. The country's average household disposable income per capita is consistently ranked above the OECD average.
Canada’s economy includes three main types of industries: