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GDP (Gross Domestic Product)

GDP Highlights Include: GDP Per Capita, Real GDP Growth, and Debt-to-GDP Ratio

Provincial GDP Per Capita

*Graph related to 2021 Data

Provincial gross domestic product (GDP) per capita is the sum of gross value added by the province's resident population divided by mid-year population. Note that all the values are in 2012 chained dollars.

Source: Statistics Canada (Table: 36-10-0402-01)

$40,077

NB GDP per Capita

↓ 2.96%

y/y % change

Real GDP Growth

Real GDP Growth Rate measures the economic growth, using the gross domestic product (GDP) values, from one year to another, and it is adjusted for inflation.

Source: Statistics Canada (Table: 36-10-0402-01)

5.25%

NB Real GDP Growth

↑ 8.4%

y/y % change

Debt-to-GDP Ratio

Debt-to-GDP Ratio is the ratio between a provincial government's debt and its gross domestic product (GDP).

Source: Public Accounts of New Brunswick

36.0%

Debt-to-GDP Ratio

↓ 0.6%

y/y % change

Population

Population Highlights Include: Population Growth rates, Sources of Population Changes, and Provincial Average and Median Age

Population Growth Rates

This graph shows the changes in population of New Brunswick quarterly since 2002. The graph shows the population growth rates for both Canada and New Brunswick.

Source: Statistics Canada (Table: 17-10-0008-01)

1.84%

NB Population Growth Rate

↑ 1.38%

y/y % change

Sources of Population Change

The three factors of population change taken into account for this graph are natural change (number of births and deaths), net international and interprovincial migration.

Source: Statistics Canada (Table: 17-10-0008-01)

+6021

Total Change in Population

↓ 0.91%

y/y % change

Age by Province

*Graph related to 2021 Data

This graph shows the median and average age of the population in all the provinces in Canada and in Canada as a whole.

Source: Statistics Canada(Table: 17-10-0005-01)

44.5 years

NB Average Age

↑ 0.45%

y/y % change

Trade

Trade Highlights Include: Trade Balances, Value of Exports and Imports, and Number of Exporting Firms

Trade Balances

This graph shows New Brunswick's trade balances over time. The values are in millions of Canadian dollars (current dollars). The graph shows total, provincial, and international trade balances.

Source: Statistics Canada(Table: 36-10-0222-01)

-$ 6.39B

Total Trade Balance

↓ 2.46%

y/y % change

NB value of Exports and Imports

Here, we look into the value of exports and imports (in 2020 constant prices) of New Brunswick since 2002. All values are in billions of dollars.

Source: Statistics Canada (Table: 36-10-0222-01)

$ 22.5B

Value of Exports

↓ 16.0%

y/y % change

Number of exporting firms

This graph shows the number of firms participating in foreign trade since 2005. This indicator is essential to the trade balance indicator.

Source: Statistics Canada (Table: 12-10-0104-01)

798

Number of Exporting Firms

↑ 3.37%

y/y % change

Natural Resources

Natural Resource Highlights Include: Forestry, Mining and Fisheries and Agriculture

Forestry

This graph tries to show the performance of the forestry industries in New Brunswick. These values are the value of international exports by forestry sectors (in 2012 chained dollars).

Source: Statistics Canada (Table: 36-10-0402-01)

$ 1.25B

Forestry Export Value

↑ 5.04%

y/y % change

Mining

This graph shows the performance of the mining industries in New Brunswick. These values are the value of international exports by mining sectors (in 2012 chained dollars).

Source: Statistics Canada (Table: 36-10-0402-01)

$ 241M

Mining Export Value

↓ 7.69%

y/y % change

Fisheries and Agriculture

This graph shows the performance of the fisheries and agriculture industries in New Brunswick. These values are the value of international exports by fisheries and agriculture sectors (in 2012 chained dollars).

Source: Statistics Canada (Table: 36-10-0402-01)

$ 2.03B

Agriculture Export Value

↑ 47.1%

y/y % change

Investment

Investment Highlights Include: R&D Per Capita, R&D Funding by Sources, and Labour Productivity

R&D Per Capita

*Graph related to 2019/2020 Data

This graph shows the expenditure on research and development divided by the number of New Brunswickers. The values are in 2012 constant dollars.

Source: Statistics Canada (Table: 27-10-0025-01) ((Population Table: 17-10-0005-01)

$ 229

R&D Per Capita

↓ 5.37%

y/y % change

R&D Funding by Sources

This pie chart shows the sources that fund research and development programs within the province of New Brunswick. This chart is related to 2019/2020 data.

Source: Statistics Canada (Table: 27-10-0025-01)

$187.50 Million

Total Funding by Sectors

↓ 4.27%

y/y % change

Labour Productivity

Labour pruductivity is a measure of output (Gross Domestic Product of GDP) per labour hour. The values in the graph are in 2012 chained dollars per hour.

Source: Statistics Canada (Table: 36-10-0480-01)

$49.2

NB Labour pruductivity

↓ 3.72%

y/y % change

Labour

Labour Highlights Include: Average Weekly Wage, Labour Force Participation Rate and Post Secondary Education

Average Weekly Wage

This chart shows the growth of wages in current prices since 2002. The chart includes the average weekly wages in Canada and in New Brunswick.

Source: Statistics Canada (Table: 14-10-0204-01)

$ 942.73

NB Average Weekly Wages

↑ 2.60%

y/y % change

Labour Force Participation Rate

Labour Force Participation Rate is the percentage of the population that is currently working or actively seeking employment. This chart shows the rates for both Canada and New Brunswick.

Source: Statistics Canada (Table: 14-10-0327-01)

78%

NB Participation Rate

↑ 1.3%

y/y % change

PSE Attainment Rate

Attainment Rate is the percentage of people with a certain level of education completed. Note, this is not a measure for the number of graduates per year more like the number of degree/diploma holders per year.

Source: Statistics Canada (Table: 17-10-0005-01)

66%

NB Attainment Rate

↑ 3%

y/y % change

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