Table 2: Ontario Gross Domestic Product (Expenditure-Based), Quarterly Data

Table 2
Ontario Economic Accounts — Quarterly Data, 2017:1-2018:4
Ontario Gross Domestic Product (Expenditure-Based)
Seasonally adjusted data at annual rates, millions of dollars
  2017 Q1 2017 Q2 2017 Q3 2017 Q4 2018 Q1 2018 Q2 2018 Q3 2018 Q4
1. Final consumption expenditure on goods and services 637,397 647,451 653,445 662,783 670,044 676,961 686,154 691,653
Per cent change from previous quarter at quarterly rates 1.5 1.6 0.9 1.4 1.1 1.0 1.4 0.8
2. Household consumption expenditure 464,160 471,878 476,921 483,956 488,655 493,029 498,640 500,936
Per cent change from previous quarter at quarterly rates 1.5 1.7 1.1 1.5 1.0 0.9 1.1 0.5
3. Durable goods 61,715 63,162 63,585 65,113 65,463 65,544 66,082 65,987
Per cent change from previous quarter at quarterly rates 4.3 2.3 0.7 2.4 0.5 0.1 0.8 −0.1
4. Semi-durable 31,405 32,413 32,875 32,807 32,805 33,045 33,305 33,213
Per cent change from previous quarter at quarterly rates 0.7 3.2 1.4 −0.2 0.0 0.7 0.8 −0.3
5. Non-durable 106,941 108,610 108,837 110,624 112,649 113,787 116,105 116,327
Per cent change from previous quarter at quarterly rates 1.1 1.6 0.2 1.6 1.8 1.0 2.0 0.2
6. Services 264,099 267,694 271,624 275,412 277,738 280,653 283,149 285,409
Per cent change from previous quarter at quarterly rates 1.2 1.4 1.5 1.4 0.8 1.0 0.9 0.8
7. Nonprofit institutions' final consumption expenditure 1 13,314 13,325 13,348 13,373 13,595 13,546 13,647 13,852
Per cent change from previous quarter at quarterly rates 2.4 0.1 0.2 0.2 1.7 −0.4 0.7 1.5
8. Government current expenditure 159,923 162,248 163,176 165,454 167,794 170,387 173,867 176,864
Per cent change from previous quarter at quarterly rates 1.4 1.5 0.6 1.4 1.4 1.5 2.0 1.7
9. Total gross fixed capital formation 174,711 172,721 173,265 179,364 181,216 180,817 182,461 180,070
Per cent change from previous quarter at quarterly rates 7.3 −1.1 0.3 3.5 1.0 −0.2 0.9 −1.3
10. Business gross fixed capital formation 145,086 142,164 141,483 146,191 147,246 147,074 148,103 146,526
Per cent change from previous quarter at quarterly rates 8.5 −2.0 −0.5 3.3 0.7 −0.1 0.7 −1.1
11. Residential structures 77,633 71,060 67,985 69,270 69,228 69,288 71,526 69,782
Per cent change from previous quarter at quarterly rates 11.0 −8.5 −4.3 1.9 −0.1 0.1 3.2 −2.4
12. Non-residential structures 26,117 26,913 28,269 29,077 28,888 28,573 28,533 28,090
Per cent change from previous quarter at quarterly rates 3.4 3.0 5.0 2.9 −0.6 −1.1 −0.1 −1.6
13. Machinery and equipment 25,611 28,417 29,160 31,431 32,453 32,638 31,576 32,002
Per cent change from previous quarter at quarterly rates 11.9 11.0 2.6 7.8 3.2 0.6 −3.3 1.3
14. Intellectual property products 15,724 15,774 16,069 16,413 16,677 16,575 16,468 16,652
Per cent change from previous quarter at quarterly rates 0.2 0.3 1.9 2.1 1.6 −0.6 −0.6 1.1
15. Nonprofit institutions' gross fixed capital formation 2 839 922 997 1,083 998 973 936 905
Per cent change from previous quarter at quarterly rates 6.7 9.9 8.1 8.6 −7.8 −2.6 −3.8 −3.3
16. Government capital expenditure 28,786 29,635 30,785 32,090 32,972 32,770 33,422 32,639
Per cent change from previous quarter at quarterly rates 1.7 2.9 3.9 4.2 2.7 −0.6 2.0 −2.3
17. Exports of goods and services 421,101 432,164 411,419 420,208 421,774 435,606 439,839 437,649
Per cent change from previous quarter at quarterly rates 1.5 2.6 −4.8 2.1 0.4 3.3 1.0 −0.5
18. Imports of goods and services 422,210 434,012 422,680 429,534 436,163 446,576 449,462 448,739
Per cent change from previous quarter at quarterly rates 3.3 2.8 −2.6 1.6 1.5 2.4 0.6 −0.2
19. Investment in inventories 6,347 6,668 9,924 6,625 7,414 8,119 3,975 6,696
20. Nonfarm 7,279 6,744 9,466 5,788 7,381 7,997 3,237 5,885
21. Farm −492 −28 519 977 127 67 768 766
22. Statistical discrepancy 151 −1,251 1,063 659 1,566 188 1,175 −2,894
23. Gross Domestic Product at market prices 817,497 823,741 826,435 840,105 845,852 855,115 864,141 864,434
Per cent change from previous quarter at quarterly rates 2.0 0.8 0.3 1.7 0.7 1.1 1.1 0.0
See footnote 3 8.1 3.1 1.3 6.8 2.8 4.5 4.3 0.1
24. Final domestic demand 812,108 820,172 826,710 842,147 851,260 857,779 868,615 871,723
Per cent change from previous quarter at quarterly rates 2.7 1.0 0.8 1.9 1.1 0.8 1.3 0.4
Table 2
Ontario Economic Accounts — Quarterly Data, 2019:1-2020:4
Ontario Gross Domestic Product (Expenditure-Based)
Seasonally adjusted data at annual rates, millions of dollars
  2019 Q1 2019 Q2 2019 Q3 2019 Q4 2020 Q1 2020 Q2 2020 Q3 2020 Q4
1. Final consumption expenditure on goods and services 696,353 704,027 711,837 718,316 709,030
Per cent change from previous quarter at quarterly rates 0.7 1.1 1.1 0.9 −1.3
2. Household consumption expenditure 504,258 510,227 517,098 520,587 510,725
Per cent change from previous quarter at quarterly rates 0.7 1.2 1.3 0.7 −1.9
3. Durable goods 67,564 67,537 68,303 68,959 64,800
Per cent change from previous quarter at quarterly rates 2.4 0.0 1.1 1.0 −6.0
4. Semi-durable 33,627 34,018 34,491 34,204 31,257
Per cent change from previous quarter at quarterly rates 1.2 1.2 1.4 −0.8 −8.6
5. Non-durable 115,928 118,545 120,263 120,625 124,022
Per cent change from previous quarter at quarterly rates −0.3 2.3 1.4 0.3 2.8
6. Services 287,139 290,127 294,042 296,799 290,647
Per cent change from previous quarter at quarterly rates 0.6 1.0 1.3 0.9 −2.1
7. Nonprofit institutions' final consumption expenditure 4 13,923 14,104 14,145 14,365 14,194
Per cent change from previous quarter at quarterly rates 0.5 1.3 0.3 1.6 −1.2
8. Government current expenditure 178,172 179,696 180,594 183,364 184,112
Per cent change from previous quarter at quarterly rates 0.7 0.9 0.5 1.5 0.4
9. Total gross fixed capital formation 181,110 181,196 187,015 188,227 191,162
Per cent change from previous quarter at quarterly rates 0.6 0.0 3.2 0.6 1.6
10. Business gross fixed capital formation 145,651 145,748 150,882 152,031 154,137
Per cent change from previous quarter at quarterly rates −0.6 0.1 3.5 0.8 1.4
11. Residential structures 67,396 68,995 74,419 75,350 77,124
Per cent change from previous quarter at quarterly rates −3.4 2.4 7.9 1.3 2.4
12. Non-residential structures 27,148 27,367 27,859 28,231 28,777
Per cent change from previous quarter at quarterly rates −3.4 0.8 1.8 1.3 1.9
13. Machinery and equipment 34,822 32,752 31,770 31,718 31,362
Per cent change from previous quarter at quarterly rates 8.8 −5.9 −3.0 −0.2 −1.1
14. Intellectual property products 16,285 16,634 16,833 16,733 16,874
Per cent change from previous quarter at quarterly rates −2.2 2.1 1.2 −0.6 0.8
15. Nonprofit institutions' gross fixed capital formation 5 959 933 914 910 923
Per cent change from previous quarter at quarterly rates 5.9 −2.6 −2.0 −0.5 1.4
16. Government capital expenditure 34,500 34,514 35,219 35,286 36,102
Per cent change from previous quarter at quarterly rates 5.7 0.0 2.0 0.2 2.3
17. Exports of goods and services 442,002 451,294 455,076 448,666 436,526
Per cent change from previous quarter at quarterly rates 1.0 2.1 0.8 −1.4 −2.7
18. Imports of goods and services 456,707 455,519 455,442 453,345 442,807
Per cent change from previous quarter at quarterly rates 1.8 −0.3 0.0 −0.5 −2.3
19. Investment in inventories 9,304 8,882 2,604 4,469 −1,651
20. Nonfarm 8,577 8,214 1,797 3,813 −1,954
21. Farm 693 651 800 628 180
22. Statistical discrepancy −405 −540 −2,559 −1,594 −872
23. Gross Domestic Product at market prices 871,656 889,340 898,531 904,739 891,389
Per cent change from previous quarter at quarterly rates 0.8 2.0 1.0 0.7 −1.5
See footnote 6 3.4 8.4 4.2 2.8 −5.8
24. Final domestic demand 877,463 885,223 898,853 906,544 900,192
Per cent change from previous quarter at quarterly rates 0.7 0.9 1.5 0.9 −0.7

Notes: Per cent change from previous quarter at quarterly rates is given on the second line.

[1], [2], [4], [5] Non-profit institutions serving households.

[3], [6] Annualized per cent change from previous quarter.

Sources: Office of Economic Policy, Ontario Ministry of Finance and Statistic Canada.

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