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

    Gross domestic product by expenditure¹, seasonally adjusted data at annual rates, Québec, 2021-2023

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        2021    2022    2023
       
    		 
    		 
        Year   I II III IV Year   I II III IV Year
       
        Millions of dollars
    01 Final consumption expenditure 402,068   429,571 438,682 444,782 450,916 440,988   454,791 458,103 467,903 470,626 462,856
        9.0   2.8 2.1 1.4 1.4 9.7   0.9 0.7 2.1 0.6 5.0
    02  Households 270,761   288,435 298,743 303,837 307,352 299,592   312,152 313,341 318,882 320,436 316,203
        9.0   2.3 3.6 1.7 1.2 10.6   1.6 0.4 1.8 0.5 5.5
    03   Goods 136,547   145,787 146,233 148,010 151,015 147,761   152,802 153,941 156,656 156,748 155,037
        10.3   3.8 0.3 1.2 2.0 8.2   1.2 0.7 1.8 0.1 4.9
    04   Services 134,214   142,648 152,511 155,827 156,338 151,831   159,350 159,400 162,227 163,688 161,166
        7.8   0.7 6.9 2.2 0.3 13.1   1.9 0.0 1.8 0.9 6.1
    05  Non-profit institutions 8,161   8,666 8,854 8,982 9,046 8,887   9,428 9,726 10,033 10,161 9,837
       serving households 4.0   2.3 2.2 1.4 0.7 8.9   4.2 3.2 3.2 1.3 10.7
    06  General governments 123,146   132,470 131,085 131,963 134,518 132,509   133,211 135,036 138,988 140,029 136,816
        9.3   3.9 -1.0 0.7 1.9 7.6   -1.0 1.4 2.9 0.7 3.3
    07 Gross fixed capital formation 115,953   125,143 126,604 124,854 121,635 124,559   121,069 120,133 121,056 120,718 120,744
        20.1   3.4 1.2 -1.4 -2.6 7.4   -0.5 -0.8 0.8 -0.3 -3.1
    08  Businesses 92,921   99,127 99,889 98,109 94,339 97,866   93,525 92,845 94,065 93,817 93,563
        22.8   2.9 0.8 -1.8 -3.8 5.3   -0.9 -0.7 1.3 -0.3 -4.4
    09   Residential structures 46,775   49,388 48,630 45,510 42,532 46,515   40,153 38,401 39,703 39,547 39,451
        30.5   2.3 -1.5 -6.4 -6.5 -0.6   -5.6 -4.4 3.4 -0.4 -15.2
    10   Non-residential structures 19,388   21,572 22,612 23,284 23,132 22,650   23,859 24,561 24,303 24,481 24,301
        15.2   5.4 4.8 3.0 -0.7 16.8   3.1 2.9 -1.1 0.7 7.3
    11   Machinery and equipment 14,496   15,472 15,584 16,152 15,152 15,590   15,672 16,103 15,824 15,397 15,749
        17.3   0.4 0.7 3.6 -6.2 7.5   3.4 2.8 -1.7 -2.7 1.0
    12   Intellectual property products 12,262   12,695 13,063 13,163 13,523 13,111   13,841 13,780 14,235 14,392 14,062
        15.5   3.9 2.9 0.8 2.7 6.9   2.4 -0.4 3.3 1.1 7.3
    13  Non-profit institutions 475   480 476 476 472 476   471 476 484 485 479
       serving households 24.7   1.7 -0.8 0.0 -0.8 0.2   -0.2 1.1 1.7 0.2 0.6
    14  General governments 22,557   25,536 26,239 26,269 26,824 26,217   27,073 26,812 26,507 26,416 26,702
        10.0   5.4 2.8 0.1 2.1 16.2   0.9 -1.0 -1.1 -0.3 1.8
    15   Construction 13,996   16,580 17,095 17,161 17,592 17,107   17,780 17,490 17,045 16,833 17,287
        14.7   6.3 3.1 0.4 2.5 22.2   1.1 -1.6 -2.5 -1.2 1.1
    16   Machinery and equipment 2,844   2,964 3,196 3,216 3,204 3,145   3,181 3,063 3,114 3,102 3,115
        -2.5   6.2 7.8 0.6 -0.4 10.6   -0.7 -3.7 1.7 -0.4 -1.0
    17   Intellectual property products 5,717   5,992 5,948 5,892 6,028 5,965   6,112 6,259 6,348 6,481 6,300
        6.2   2.5 -0.7 -0.9 2.3 4.3   1.4 2.4 1.4 2.1 5.6
    18 Final domestic demand 518,021   554,714 565,286 569,636 572,551 565,547   575,860 578,236 588,959 591,344 583,600
        11.3   2.9 1.9 0.8 0.5 9.2   0.6 0.4 1.9 0.4 3.2
    19 Investment in inventories 346   2,437 15,866 20,602 15,511 13,604   8,211 8,892 6,393 7,032 7,632
        ...   ... ... ... ... ...   ... ... ... ... ...
    20 Exports of goods and services 226,689   243,277 260,530 253,537 262,472 254,954   262,082 265,654 270,674 276,934 268,836
        13.7   2.7 7.1 -2.7 3.5 12.5   -0.1 1.4 1.9 2.3 5.4
    21 Less: Imports of goods 241,695   264,549 295,514 297,508 297,153 288,681   292,603 290,365 295,901 299,084 294,488
      and services 15.1   2.6 11.7 0.7 -0.1 19.4   -1.5 -0.8 1.9 1.1 2.0
    22 Statistical discrepancy 124   163 175 166 180 171   180 203 222 239 211
    23 Gross domestic product 503,486   536,040 546,343 546,433 553,560 545,594   553,730 562,621 570,348 576,465 565,791
      at market prices 11.6   2.4 1.9 0.0 1.3 8.4   0.0 1.6 1.4 1.1 3.7
    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 : March 26, 2024
    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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