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

    Quarterly indicators, Québec and Canada

    Key seasonally adjusted economic indicators. Annualized levels.

    Québec
    Quarterly economic accounts 2022 2023 2022 2023
         
        Year to date IV I II III IV
    Aggregates in chained $M (2017)
    GDP at market prices 461 119 461 241 461 515 463 560 461 588 460 341 459 473
    Final domestic demand 484 073 480 953 482 366 482 229 479 543 481 290 480 748
         Household final consumption expenditure 265 421 270 905 268 128 270 457 270 096 271 353 271 712
         General governments final consumption expenditure 114 474 113 627 114 662 113 607 113 153 113 898 113 850
         Business gross fixed capital formation 74 189 67 470 69 699 68 485 67 300 67 303 66 792
         General governments gross fixed capital formation 21 856 21 159 21 882 21 895 21 293 20 878 20 570
    Exports of goods and services 201 284 207 482 203 239 203 703 207 508 208 322 210 395
    Imports of goods and services 234 416 234 883 235 073 230 901 233 847 236 967 237 817
    Aggregates in current $M
    GDP at market prices 545 594 565 791 553 560 553 730 562 621 570 348 576 465
    Compensation of employees 297 888 315 543 304 085 308 647 314 331 318 959 320 235
    Net operating surplus of corporations 66 759 56 476 62 224 56 129 55 714 56 605 57 456
    Net mixed income 37 183 40 798 38 526 39 150 40 304 41 194 42 544
    Household disposable income 319 360 335 295 336 949 325 700 331 630 339 695 344 155
    Household net saving 40 234 40 702 50 123 34 616 39 995 43 096 45 103
      
    Other indicators 2023 2024 2023 2024
         
        Year to date I II III IV I
    Real GDP at basic prices (2017 $M) 428 670   430 826 428 994 427 834 427 027  
    Real international merchandise exports (2017 $M) 90 564 89 938 88 628 87 426 91 243 94 961  
    Real international merchandise imports (2017 $M) 99 251 96 073 95 325 102 080 100 657 98 943  
    Housing starts (n) 38 912 48 809 36 439 35 160 45 166 39 584 42 925
    Residential building permits (current $M) 13 787 13 945 13 185 13 868 14 605 13 489  
    Non-residential building permits (current $M) 11 374 11 380 13 095 11 294 10 562 10 547  
    Sales of manufactured goods (current $M) 213 130 212 833 216 804 208 182 212 737 214 795  
    Wholesale sales (current $M) 208 307 206 461 191 887 212 054 214 194 215 092  
    Retail sales (current $M) 177 644 177 712 176 185 175 624 179 087 179 682  
    Average weekly earnings, including overtime (current $) 1 155.32 1 178.30 1 128.81 1 149.39 1 166.87 1 175.57  
    Labour force (K) 4 718.1 4 747.7 4 689.6 4 701.3 4 722.5 4 759.9 4 747.7
    Employment (K) 4 506.4 4 524.3 4 496.1 4 500.9 4 512.9 4 523.9 4 524.3
         Full-time (K) 3 672.2 3 683.3 3 675.6 3 680.4 3 666.5 3 660.6 3 683.3
         Part-time (K) 834.3 841.0 820.4 820.4 846.4 863.3 841.0
    Unemployment rate (%) 4.5 4.7 4.1 4.3 4.4 5.0 4.7
    Participation rate (%) 65.0 64.5 65.0 64.9 64.9 65.1 64.5
    Employment rate (%) 62.1 61.5 62.3 62.2 62.0 61.9 61.5
    Consumer price index, non-seasonally adjusted (2002=100) 153.6 155.7 150.6 153.4 155.1 155.3 155.7
    U.S. exchange rate in cents, non-seasonally adjusted 74.09 74.14 73.98 74.46 74.57 73.43 74.14
    Canada
    Quarterly economic accounts 2023 2024 2022 2023
         
        Year to date IV I II III IV
    Aggregates in chained $M (2017)
    GDP at market prices 2 326 537 2 351 337 2 333 507 2 348 576 2 352 296 2 349 328 2 355 149
    Final domestic demand 2 361 278 2 373 206 2 357 694 2 370 435 2 372 576 2 377 062 2 372 751
         Household final consumption expenditure 1 304 163 1 326 565 1 313 562 1 326 673 1 324 410 1 325 966 1 329 212
         General governments final consumption expenditure 508 777 516 319 511 080 512 392 512 847 521 261 518 777
         Business gross fixed capital formation 424 413 403 880 409 469 404 880 409 136 403 477 398 027
         General governments gross fixed capital formation 88 138 93 024 89 453 93 381 92 289 92 845 93 581
    Exports of goods and services 688 344 727 751 697 316 720 662 728 362 726 023 735 957
    Imports of goods and services 785 120 793 206 779 129 786 226 795 171 797 414 794 014
    Aggregates in current $M              
    GDP at market prices 2 813 289 2 888 920 2 839 556 2 837 328 2 860 424 2 905 548 2 952 380
    Compensation of employees 1 385 827 1 476 121 1 411 332 1 439 500 1 471 348 1 490 772 1 502 864
    Net operating surplus of corporations 450 435 368 788 424 968 375 212 349 088 366 920 383 932
    Net mixed income 235 644 257 844 244 984 247 392 252 972 260 576 270 436
    Household disposable income 1 514 289 1 597 358 1 555 044 1 561 056 1 579 396 1 614 088 1 634 892
    Household net saving 81 328 88 058 87 324 70 084 79 684 101 796 100 668
      
    Other indicators 2023 2024 2023 2024
         
        Year to date I II III IV I
    Real GDP at basic prices (2017 $M) 2 202 113 2 217 503 2 200 238 2 203 291 2 200 361 2 204 563  
    Real international merchandise exports (2017 $M) 571 291 576 045 569 357 573 964 570 789 571 054  
    Real international merchandise imports (2017 $M) 608 130 598 832 606 367 611 603 607 235 607 316  
    Housing starts (n) 240 267 244 298 219 915 243 515 255 702 243 902 252 124
    Residential building permits (current $M) 81 111 81 986 79 025 81 830 84 170 79 418  
    Non-residential building permits (current $M) 51 352 53 056 54 789 50 232 53 512 46 876  
    Sales of manufactured goods (current $M) 862 837 856 169 871 461 857 141 868 325 854 423  
    Wholesale sales (current $M) 1 424 093 1 424 083 1 176 587 1 514 992 1 538 593 1 466 199  
    Retail sales (current $M) 794 284 804 103 790 521 789 927 794 433 802 255  
    Average weekly earnings, including overtime (current $) 1 205.01 1 228.01 1 182.36 1 200.62 1 215.00 1 221.53  
    Labour force (K) 21 325.8 21 657.1 21 110.5 21 253.9 21 404.4 21 552.3 21 657.1
    Employment (K) 20 170.9 20 388.6 20 042.8 20 134.3 20 219.0 20 312.2 20 388.6
         Full-time (K) 16 536.2 16 687.4 16 447.8 16 492.2 16 582.5 16 646.0 16 687.4
         Part-time (K) 3 634.7 3 701.2 3 595.0 3 642.1 3 636.6 3 666.2 3 701.2
    Unemployment rate (%) 5.4 5.9 5.1 5.3 5.5 5.8 5.9
    Participation rate (%) 65.6 65.3 65.7 65.7 65.6 65.6 65.3
    Employment rate (%) 62.1 61.5 62.4 62.2 62.0 61.8 61.5
    Consumer price index, non-seasonally adjusted (2002=100) 157.1 159.0 154.6 156.9 158.4 158.6 159.0
    U.S. exchange rate in cents, non-seasonally adjusted 74.09 74.14 73.98 74.46 74.57 73.43 74.14
      
    – The year-to-date levels represent the average of all observable annualized periods. When annual gross value and changes are available, they are presented.
    – Due to more frequent updating, the quarterly economic accounts data may differ from those published by Statistics Canada in the Provincial and Territorial Economic Accounts.
    – Monthly and quarterly data on housing starts are seasonally adjusted independently; quarterly data do not correspond to the average of monthly data.
    – In April 2020, the CMHC's monthly survey was carried out in all Canadian provinces except Québec. As a result, the April 2020 data for Québec is not available and the April 2020 data for Canada excludes Québec.
    – Annual sales of manufactured goods are calculated from the monthly survey.
    – Numbers in bold have been revised since last Friday.
      
    Sources : Institut de la statistique du Québec,
                      Statistics Canada,
                      Mortgage and Housing Corporation (housing starts),
                      Bank of Canada (exchange rates).
     
    Update : April 18, 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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