Government Consumption in Canada
The economy of Canada recorded average government consumption growth of 1.9% in the decade to 2022. In 2022, government consumption growth was 2.0%.
Canada Government Consumption Chart
Note: This chart displays Government Consumption (ann. var. %) for Canada from 2020 to 2019.
Source: Macrobond.
Canada Government Consumption Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Government Consumption (ann. var. %) | 1.1 | 1.3 | 5.4 | 3.2 | 1.6 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Canadian government consumption projections for the next ten years from a panel of 10 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable government consumption forecast available for Canadian government consumption.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Canadian government consumption projections.
Want to get access to the full dataset of Canadian government consumption forecasts? Send an email to info@focus-economics.com.