Table 10: Ontario Gross Domestic Product at Chained 2012 Prices, Annual Data

Table 10
Ontario Economic Accounts — Annual Data, 2014-2017
Ontario Gross Domestic Product at Chained 2012 Prices
Millions of chained (2012) dollars
  2014 2015 2016 2017
1. Final consumption expenditure on goods and services 556,096 571,416 583,788 603,520
Per cent change from previous year 2.1 2.8 2.2 3.4
2. Household consumption expenditure 401,478 413,312 424,274 440,988
Per cent change from previous year 2.7 2.9 2.7 3.9
3. Durable goods 48,847 51,804 55,067 59,672
Per cent change from previous year 7.7 6.1 6.3 8.4
4. Semi-durable 28,716 30,019 30,891 32,538
Per cent change from previous year 3.2 4.5 2.9 5.3
5. Non-durable 95,150 97,129 98,589 101,289
Per cent change from previous year 1.1 2.1 1.5 2.7
6. Services 228,835 234,490 239,889 247,719
Per cent change from previous year 2.2 2.5 2.3 3.3
7. Nonprofit institutions' final consumption expenditure 1 10,852 11,418 12,076 12,087
Per cent change from previous year −0.1 5.2 5.8 0.1
8. Government current expenditure 143,796 146,723 147,468 150,477
Per cent change from previous year 0.8 2.0 0.5 2.0
9. Total gross fixed capital formation 136,940 145,616 145,940 150,713
Per cent change from previous year 4.4 6.3 0.2 3.3
10. Business gross fixed capital formation 110,562 119,590 120,074 123,291
Per cent change from previous year 6.5 8.2 0.4 2.7
11. Residential structures 49,525 53,330 57,305 57,884
Per cent change from previous year 0.7 7.7 7.5 1.0
12. Non-residential structures 23,789 26,671 24,562 24,981
Per cent change from previous year 11.2 12.1 −7.9 1.7
13. Machinery and equipment 23,465 25,778 24,699 26,654
Per cent change from previous year 16.0 9.9 −4.2 7.9
14. Intellectual property products 13,811 13,851 13,391 13,702
Per cent change from previous year 6.0 0.3 −3.3 2.3
15. Nonprofit institutions' gross fixed capital  formation 2 1,206 1,129 1,146 1,182
Per cent change from previous year −1.8 −6.4 1.5 3.1
16. Government capital expenditure 25,183 24,908 24,729 26,279
Per cent change from previous year −3.5 −1.1 −0.7 6.3
17. Exports of goods and services 369,052 377,131 387,449 394,346
Per cent change from previous year 4.2 2.2 2.7 1.8
18. Imports of goods and services 364,655 373,779 378,646 397,839
Per cent change from previous year 5.5 2.5 1.3 5.1
19. Investment in inventories 8,658 2,725 1,214 9,329
20. Nonfarm 8,611 2,640 1,668 9,070
21. Farm 112 110 −444 222
22. Statistical discrepancy −360 −409 −454 354
23. Gross Domestic Product at market prices 706,503 723,856 740,712 761,305
Per cent change from previous year 2.5 2.5 2.3 2.8
24. Final domestic demand 693,058 717,164 729,751 754,249
Per cent change from previous year 2.6 3.5 1.8 3.4

Note: Per cent change from previous year is given on the second line.

[1], [2] Nonprofit institutions serving households.

Sources: Statistics Canada.

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