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Canada : economic indicators and trade with EU

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(1)

GDP per capita (€) and annual growth (%)

in Canada and the EU-28

Public finances, monetary and financial data

GDP per capita

(left axis)

EU-28

Canada

GDP growth

(right axis)

Canada

EU-28

Canada total unemployment and

female labour market participation

FDI and remittances to

Canada and the EU-28

EU-28

Canada

EU-28

Canada

0.0

0.5

1.0

1.5

2.0

0%

1%

2%

3%

4%

1.6%

CA dollar/euro exchange rate (right axis)

Canada inflation rate (%, left axis)

40%

50%

60%

70%

80%

0%

2%

4%

6%

8%

10%

74.6%

6.4%

Female labour force participation (right axis)

Total unemployment (left axis)

EU-28

(2017)

7.6%

51.0%

Remittances received (% of GDP)

FDI net inflows (% of GDP)

Canada business environment and socio-economic indicators

The Ease of Doing Business’s ‘distance to frontier’ score assesses the overall level of regulatory performance of a country. It ranges from 0=’lowest performance’ to 100=’the frontier’, the best performance observed worldwide each year.

Rank

8/180 10/188 18/190 45/144

Score

Ease of Doing Business

Human Development Index*

Corruption Perception Index

GINI Index*

Worst Best Best Worst 100 100 100 0 0 0 92.0 79.3 82.0 100

0 33.7 The GINI Index measures the deviation of the distribution of income among individuals or households within a country from a perfectly equal distribution. It is hence a measure of inequality in income distribution. A value of 0 represents absolute equality, a value of 100 absolute inequality.

The Human Development Index (HDI) measures the average achievement in key dimensions of human development. It is based on life expectancy at birth, average duration of education and GDP per capita. It ranges from 0 to 100. ‘High human development countries’ (UN) are in the range between 70 and 80. The Corruption Perception Index measures the perceived levels of public–sector corruption worldwide. Scores range from 0 (highly corrupt) to 100 (very clean). In 2017, two thirds of countries scored below 50.

€ thousand

27.7

2.4%

3.0%

39.9

2002

2007

2012

2017

Public debt (% of GDP)

Surplus/deficit (% of GDP)

1.5

Canada: Economic indicators and trade with EU

EPRS | European Parliamentary Research Service EUI | European University Institute

Authors: Giulio Sabbati, Members’ Research Service

Marta Russo, Globalstat, EUI

PE 595.898 - October 2018

AT A GLANCE

(2)

EU exports of goods to Canada (2017)

EU imports of goods from Canada (2017)

EU trade with Canada

0

10

20

30

40

2007 2009 2011

2013

2015

2017

38

31

Imports

Exports

21

13

Imports

Exports

€ billion

EU exports of services to Canada (2017)

Other

Organic chemicals

Iron and steel

Optical instruments

Oil, gas, coal

Agri-food

Pharmaceutical

products

Vehicles and

aircraft

Mechanical appliances and

electrical equipment

23.3% 17.7% 9.3% 6.3% 4.1% 3.6% 2.9% 21.6% 11.2%

Other

Optical

instruments: 2.8%

Pharmaceutical

products

Oil, gas, coal

Agri-food

Vehicles and aircraft

Ores, slag and ash

Mechanical

appliances and

electrical

equipment

Gemstones

32.7% 8.9% 8.5% 8.3% 7.5% 4.0% 14.5% 12.8% (Gold, diamonds, waste of precious metal and coins of legal tender)

Other

Financial: 3.6%

Maintenance and

repair

ICT

Transport

Various business

services

Travel

25.0% 24.9% 23.7% 7.7% 4.5% (Legal, accounting, consulting, public relations, Employment, market research, public opinion polling, trade-related, architectural, engineering, scientific, operating leasing, R&D, waste treatment and de-pollution) 10.6%

Other

Intellectual property

Financial

ICT

Various business services

Transport

Travel

25.7% 19.7% 8.3% 7.3%

(Employment, legal, accounting, consulting, public relations, architectural, engineering, scientific, R&D, public opinion polling, waste treatment and de-pollution, trade-related)

17.6% 9.7%

11.7%

EU imports of services from Canada (2017)

Main trade partners (2017)

Trade in goods, exports plus imports

EU

US

Other

Other APEC

Members: 4.6%

Japan: 2.6%

Mexico: 3.9%

China

EU-28

US

63.8%

9.6%

7.0%

CA

8.5%

EU-28

Others

Other

APEC

members

Canada

Japan: 3.5%

Turkey: 4.1%

Russia: 6.2%

Switzerland

China

US

16.9%

15.3%

7.0

%

13.7

%

31.4

%

EU

Canada: 1.9%

Top EU partners (2017)

Trade in goods

EU exports to Canada

EU imports from Canada

0

10

20

18.8

13.3

5.9

5.6

5.5

5.3

3.3

1.7

1.5

1.5

0

10

20

UK

DE

FR

NL

IT

BE

ES

IE

SE

PL

Thousands

EU imports from Canada

EU export to Canada

€ billion

Goods (2007-2017)

Services (2010-2017)

Imports

Exports

Imports

Exports

Notes

GlobalStat is a project developed by the European University Institute’s Global Governance Programme (Italy) and the Francisco Manuel dos Santos Foundation (Portugal). Data sources for page 1: GDP figures and inflation are from IMF WEO (October 2017) and Eurostat (2018); Labour market data are from World Bank WDI based on ILO KILM (2017); FDI and remittances data are estimates from World Bank staff based on IMF BoP data (2017); HDI and GINI index is an average value for the period 2010-2015 as reported in the UNDP HDR (2017), and (*) is re-scaled from 0-1 to 0-100 for better comparability.

Data sources for page 2: EU trade with Canada, Main trade partners (EU), Top EU partners (goods), EU exports of goods to Canada (%) and EU imports of goods from Canada (%) are from ComExt, Eurostat; Other APEC members = Australia, Brunei Darussalam, Chile, Hong Kong, Indonesia, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, the Philippines, Singapore, South Korea, Thailand, Vietnam; Trade in services are from Eurostat; Main trade partners (Canada) are from IMF; Other APEC members = Australia, Brunei Darussalam, Chile, Hong Kong, Indonesia, Malaysia, New Zealand, Papua New Guinea, Peru, the Philippines, Russian Federation, Singapore, South Korea, Thailand, Vietnam. This is an updated edition of an ‘At a Glance’ note published in February 2017.

This document is prepared for, and addressed to, the Members and staff of the European Parliament as background material to assist them in their parliamentary work. The content of the document is the sole responsibility of its author(s) and any opinions expressed herein should not be taken to represent an official position of the Parliament. Reproduction and translation for non-commercial purposes are authorised, provided the source is acknowledged and the European Parliament is given prior notice and sent a copy. © European Union & GlobalStat, 2018.

eprs@ep.europa.eu (mail) http://www.eprs.ep.parl.union.eu (intranet) http://www.europarl.europa.eu/thinktank (internet) http://epthinktank.eu (blog) globalstat@eui.eu(mail) http://www.globalstat.eu (internet)

Canada: Economic indicators and trade with EU

EPRS & GlobalStat

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