Forex Fundamentals
Canada GDP Growth Rate

Canada GDP Growth Rate 31 May 2023

Canada GDP Growth Rate 31 May 2023: 0.8% for Q1 2023, above the 0.4% forecast and up from 0% in Q4 2022. It is the highest reading since Q2 2022. It was released on Wed 31 May 2023 at 12:30 UTC.

These figures were verified on 4 Oct 2026 from the source: Statistics Canada. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
0.8%
Q1 2023
Forecast
0.4%
The market consensus
Previous
0%
As the source gives it

What a print like this usually does

Above the forecast: A broad-based beat would usually support the Canadian dollar as markets lift growth and rate expectations.

Canada GDP Growth Rate 31 May 2023: 0.8% for Q1 2023 against a 0.4% forecast, with the last 12 releases
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Cite this release

If you cite this release, please link to this page:

Canada GDP Growth Rate 31 May 2023: 0.8% vs 0.4% forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-gdp/2023-05-31

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
31 May 2023Q10.8%0.4%0%
28 Feb 2023Q40%—0.6%
29 Nov 2022Q30.7%—0.8%
31 Aug 2022Q20.8%—0.8%
31 May 2022Q10.8%—1.6%
1 Mar 2022Q41.6%—1.3%
30 Nov 2021Q31.3%—-0.8%
31 Aug 2021Q2-0.3%—1.4%
1 Jun 2021Q11.4%—2.2%
2 Mar 2021Q42.3%—8.9%
1 Dec 2020Q38.9%—-11.3%
28 Aug 2020Q2-11.5%—-2.1%
The release before:Canada GDP Growth Rate 28 February 2023The release after:Canada GDP Growth Rate 1 September 2023Canada GDP Growth Rate: every recent resultThis week’s economic calendar