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Institut de la statistique du Québec
Institut de la statistique du Québec

    Gross domestic product, expenditure-based¹, seasonally adjusted data at annual rates, Québec, 2020-2023

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        2020    2021    2022    2023
       
    		 
    		 
    		 
        Year   I II III IV Year   I II III IV Year   I
       
        Millions of dollars
    01 Final consumption expenditure 370,540   390,302 396,421 411,963 419,010 404,424   429,926 439,923 444,065 454,822 442,184   460,364
        -1.5   1.7 1.6 3.9 1.7 9.1   2.6 2.3 0.9 2.4 9.3   1.2
    02  Households 249,241   260,375 265,398 278,413 281,522 271,427   287,291 299,462 302,908 310,395 300,014   317,286
        -5.0   0.8 1.9 4.9 1.1 8.9   2.0 4.2 1.2 2.5 10.5   2.2
    03   Goods 124,691   134,461 135,107 137,745 138,819 136,533   144,654 147,524 148,755 153,591 148,631   157,072
        -0.6   0.2 0.5 2.0 0.8 9.5   4.2 2.0 0.8 3.3 8.9   2.3
    04   Services 124,550   125,914 130,291 140,668 142,703 134,894   142,637 151,938 154,153 156,804 151,383   160,214
        -9.0   1.5 3.5 8.0 1.4 8.3   0.0 6.5 1.5 1.7 12.2   2.2
    05  Non-profit institutions 7,839   7,982 8,097 8,261 8,524 8,216   8,576 8,690 8,758 8,788 8,703   9,020
       serving households 3.2   -1.7 1.4 2.0 3.2 4.8   0.6 1.3 0.8 0.3 5.9   2.6
    06  General governments 113,460   121,945 122,926 125,289 128,964 124,781   134,059 131,771 132,399 135,639 133,467   134,058
        6.9   3.9 0.8 1.9 2.9 10.0   4.0 -1.7 0.5 2.4 7.0   -1.2
    07 Gross fixed capital formation 96,704   107,202 113,464 111,547 114,259 111,618   118,683 118,836 116,058 112,979 116,639   111,501
        1.7   3.0 5.8 -1.7 2.4 15.4   3.9 0.1 -2.3 -2.7 4.5   -1.3
    08  Businesses 76,145   87,118 93,116 90,539 92,099 90,718   96,007 95,420 92,862 89,431 93,430   87,913
        1.9   4.0 6.9 -2.8 1.7 19.1   4.2 -0.6 -2.7 -3.7 3.0   -1.7
    09   Residential structures 36,165   45,014 48,428 46,595 47,723 46,940   49,540 48,065 44,779 42,292 46,169   40,009
        9.4   4.0 7.6 -3.8 2.4 29.8   3.8 -3.0 -6.8 -5.6 -1.6   -5.4
    10   Non-residential structures 17,043   17,510 18,618 18,618 18,798 18,386   20,126 20,646 20,734 20,702 20,552   21,196
        1.5   6.5 6.3 0.0 1.0 7.9   7.1 2.6 0.4 -0.2 11.8   2.4
    11   Machinery and equipment 12,077   12,388 14,152 13,440 14,064 13,511   14,332 14,428 15,156 14,028 14,486   14,004
        -14.6   0.7 14.2 -5.0 4.6 11.9   1.9 0.7 5.0 -7.4 7.2   -0.2
    12   Intellectual property products 10,860   12,206 11,918 11,886 11,514 11,881   12,009 12,281 12,193 12,409 12,223   12,704
        0.9   4.0 -2.4 -0.3 -3.1 9.4   4.3 2.3 -0.7 1.8 2.9   2.4
    13  Non-profit institutions 374   440 464 468 468 460   480 492 480 480 483   480
       serving households 2.2   7.8 5.5 0.9 0.0 23.0   2.6 2.5 -2.4 0.0 5.0   0.0
    14  General governments 20,185   19,644 19,884 20,540 21,692 20,440   22,196 22,924 22,716 23,068 22,726   23,108
        1.0   -1.2 1.2 3.3 5.6 1.3   2.3 3.3 -0.9 1.5 11.2   0.2
    15   Construction 12,186   11,488 11,748 12,308 13,428 12,243   13,705 14,285 14,173 14,465 14,157   14,464
        0.1   -1.9 2.3 4.8 9.1 0.5   2.1 4.2 -0.8 2.1 15.6   0.0
    16   Machinery and equipment 2,450   2,560 2,512 2,540 2,516 2,532   2,595 2,739 2,719 2,631 2,671   2,596
        -3.2   4.4 -1.9 1.1 -0.9 3.3   3.1 5.5 -0.7 -3.2 5.5   -1.3
    17   Intellectual property products 5,549   5,596 5,624 5,692 5,748 5,665   5,896 5,900 5,824 5,972 5,898   6,048
        5.3   -2.2 0.5 1.2 1.0 2.1   2.6 0.1 -1.3 2.5 4.1   1.3
    18 Final domestic demand 467,244   497,504 509,885 523,510 533,269 516,042   548,609 558,759 560,123 567,801 558,823   571,865
        -0.8   2.0 2.5 2.7 1.9 10.4   2.9 1.9 0.2 1.4 8.3   0.7
    19 Investment in inventories -6,610   -4,038 1,284 -631 3,005 -95   1,077 12,457 12,506 1,700 6,935   3,769
        ...   ... ... ... ... ...   ... ... ... ... ...   ...
    20 Exports of goods and services 199,251   214,651 215,784 225,705 237,199 223,335   243,923 261,963 259,833 268,953 258,668   266,308
        -7.1   2.2 0.5 4.6 5.1 12.1   2.8 7.4 -0.8 3.5 15.8   -1.0
    21 Less: Imports of goods 208,842   222,447 231,078 240,147 245,173 234,711   251,346 280,411 277,304 277,434 271,624   275,169
      and services -9.1   2.9 3.9 3.9 2.1 12.4   2.5 11.6 -1.1 0.0 15.7   -0.8
    22 Statistical discrepancy -25   -101 -123 -129 -107 -115   -83 -65 -61 -51 -65   -40
    23 Gross domestic product 451,018   485,569 495,751 508,308 528,192 504,455   542,179 552,703 555,097 560,969 552,737   566,733
      at market prices -1.9   1.7 2.1 2.5 3.9 11.8   2.6 1.9 0.4 1.1 9.6   1.0
    1.  For each variable, the data in the first row corresponds to the value of the variable, and the data in the second row indicates
       the percentage change from the previous quarter.
    Source: Institut de la statistique du Québec, Direction des statistiques économiques.
     
    Update : June 27, 2023
    Symbols used in tables
    .. Data not available
    ... Not applicable
    – Void or zero
    — Negligible data
    p Preliminary data
    r Revised data
    e Estimated data
    x Confidential
    F Data unreliable
    n.e.s. Not elsewhere specified
    p.-y. Person-year
    f.t.e Full-time equivalent
    ‰ Per thousand
    kg Kilogramme
    l Liter
    n Number
    t Metric ton
    $ In dollars
    k and '000 In thousands
    M and '000 000 In millions
    G In billions
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