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Canada

Flag of Canada

Last updated: 19 June 2009

Country information

Economy

Basic economic facts

Nominal GDP: C$ 1.564 trillion (2008 estimate)
GDP per head: $ 39300 (2008 estimate)
GDP growth:  -1.4% (first quarter 2009)
Inflation:  1% (January 2009 estimate)
Labour force:  18.18 million (2008 estimate)
Unemployment:  6.1% (2008 estimate)
Major industries: Automobile manufacturing, pulp and paper, iron and steel work, machinery and equipment manufacturing, mining, extraction of fossil fuels, forestry and agriculture.
Major Trading Partners: United States, UK, Japan and China.
Exports:  $461.8 billion (2008 estimate)
Exports - commodities: Automobile vehicles and parts, machinery and equipment, high-technology products, oil, natural gas, metals, and forest and farm products.
Imports:  $436.7 billion (2008 estimate)
Imports - commodities: machinery, electric machinery and equipment, industry goods, motor vehicles and parts, minerals fuels and oils, plastics.
Debt – External: £387,040 billion/C$758.6 billion (2007)
Government debt (% of GDP):
34.8% (March 2007)

Exchange rate: £1 = C$  1.789 (June 2009)

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