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

Table 2
Ontario Economic Accounts — Quarterly Data, 2015:1-2016:4
Ontario Gross Domestic Product (Expenditure-Based)
Seasonally adjusted data at annual rates, millions of dollars
  2015 Q1 2015 Q2 2015 Q3 2015 Q4 2016 Q1 2016 Q2 2016 Q3 2016 Q4
1. Final consumption expenditure on goods and services 589,276 594,836 602,060 609,936 613,350 616,708 619,258 627,460
Per cent change from previous quarter at quarterly rates 0.9 0.9 1.2 1.3 0.6 0.5 0.4 1.3
2. Household consumption expenditure 425,350 429,894 436,147 443,074 445,954 447,787 451,289 458,186
Per cent change from previous quarter at quarterly rates 0.6 1.1 1.5 1.6 0.7 0.4 0.8 1.5
3. Durable goods 51,256 52,433 53,970 55,613 57,585 56,724 57,353 59,295
Per cent change from previous quarter at quarterly rates −0.6 2.3 2.9 3.0 3.5 −1.5 1.1 3.4
4. Semi-durable 29,533 29,951 30,441 31,559 31,424 31,112 31,056 31,347
Per cent change from previous quarter at quarterly rates 0.7 1.4 1.6 3.7 −0.4 −1.0 −0.2 0.9
5. Non-durable 99,416 99,335 100,773 102,404 101,289 102,619 102,825 104,471
Per cent change from previous quarter at quarterly rates 0.2 −0.1 1.4 1.6 −1.1 1.3 0.2 1.6
6. Services 245,145 248,174 250,963 253,498 255,656 257,332 260,055 263,073
Per cent change from previous quarter at quarterly rates 1.1 1.2 1.1 1.0 0.9 0.7 1.1 1.2
7. Nonprofit institutions' final consumption expenditure 1 11,138 11,536 11,883 12,515 12,366 12,975 12,964 13,031
Per cent change from previous quarter at quarterly rates 2.4 3.6 3.0 5.3 −1.2 4.9 −0.1 0.5
8. Government current expenditure 152,788 153,406 154,031 154,348 155,030 155,945 155,005 156,244
Per cent change from previous quarter at quarterly rates 1.4 0.4 0.4 0.2 0.4 0.6 −0.6 0.8
9. Total gross fixed capital formation 154,939 157,505 160,799 162,709 164,322 163,673 162,963 164,949
Per cent change from previous quarter at quarterly rates 1.9 1.7 2.1 1.2 1.0 −0.4 −0.4 1.2
10. Business gross fixed capital formation 126,976 129,204 132,172 133,915 135,650 135,543 134,830 136,485
Per cent change from previous quarter at quarterly rates 2.2 1.8 2.3 1.3 1.3 −0.1 −0.5 1.2
11. Residential structures 56,231 58,274 59,430 61,065 64,120 65,246 67,236 69,543
Per cent change from previous quarter at quarterly rates 3.5 3.6 2.0 2.8 5.0 1.8 3.0 3.4
12. Non-residential structures 27,520 28,171 28,690 28,751 27,363 26,245 26,318 25,366
Per cent change from previous quarter at quarterly rates 2.1 2.4 1.8 0.2 −4.8 −4.1 0.3 −3.6
13. Machinery and equipment 28,588 27,805 28,796 28,683 28,867 28,900 26,571 27,134
Per cent change from previous quarter at quarterly rates 3.0 −2.7 3.6 −0.4 0.6 0.1 −8.1 2.1
14. Intellectual property products 14,637 14,954 15,255 15,417 15,301 15,152 14,705 14,443
Per cent change from previous quarter at quarterly rates −3.5 2.2 2.0 1.1 −0.8 −1.0 −3.0 −1.8
15. Nonprofit institutions' gross fixed capital formation 2 1,192 1,210 1,220 1,206 1,204 1,234 1,266 1,288
Per cent change from previous quarter at quarterly rates −3.9 1.5 0.8 −1.2 −0.1 2.5 2.6 1.7
16. Government capital expenditure 26,771 27,091 27,407 27,588 27,468 26,897 26,867 27,176
Per cent change from previous quarter at quarterly rates 0.6 1.2 1.2 0.7 −0.4 −2.1 −0.1 1.1
17. Exports of goods and services 386,040 392,875 415,376 422,410 429,746 414,986 421,387 421,216
Per cent change from previous quarter at quarterly rates 1.1 1.8 5.7 1.7 1.7 −3.4 1.5 0.0
18. Imports of goods and services 396,830 399,039 408,250 410,281 414,779 408,090 410,318 410,678
Per cent change from previous quarter at quarterly rates 1.8 0.6 2.3 0.5 1.1 −1.6 0.5 0.1
19. Investment in inventories 11,161 5,116 −3,154 −7,982 −5,579 −1,316 3,159 1,228
20. Nonfarm 11,429 5,120 −3,207 −8,362 −5,484 −1,084 3,695 2,266
21. Farm −236 30 86 412 −176 −318 −630 −1,139
22. Statistical discrepancy 124 1,083 −1,236 −1,710 −3,063 864 −656 935
23. Gross Domestic Product at market prices 744,709 752,375 765,595 775,081 783,998 786,826 795,794 805,110
Per cent change from previous quarter at quarterly rates 0.9 1.0 1.8 1.2 1.2 0.4 1.1 1.2
See footnote 3 3.8 4.2 7.2 5.0 4.7 1.5 4.6 4.8
24. Final domestic demand 744,215 752,341 762,859 772,645 777,672 780,381 782,221 792,409
Per cent change from previous quarter at quarterly rates 1.1 1.1 1.4 1.3 0.7 0.3 0.2 1.3
Table 2
Ontario Economic Accounts — Quarterly Data, 2017:1-2018:3
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 636,478 646,083 651,709 660,641 669,331 675,983 683,685
Per cent change from previous quarter at quarterly rates 1.4 1.5 0.9 1.4 1.3 1.0 1.1
2. Household consumption expenditure 464,490 471,599 476,100 482,567 488,762 493,414 498,623
Per cent change from previous quarter at quarterly rates 1.4 1.5 1.0 1.4 1.3 1.0 1.1
3. Durable goods 61,781 63,187 63,563 65,048 67,052 66,737 67,289
Per cent change from previous quarter at quarterly rates 4.2 2.3 0.6 2.3 3.1 −0.5 0.8
4. Semi-durable 31,535 32,513 32,942 32,838 32,971 33,319 33,920
Per cent change from previous quarter at quarterly rates 0.6 3.1 1.3 −0.3 0.4 1.1 1.8
5. Non-durable 105,470 106,988 107,141 108,825 109,831 110,593 111,983
Per cent change from previous quarter at quarterly rates 1.0 1.4 0.1 1.6 0.9 0.7 1.3
6. Services 265,703 268,910 272,454 275,856 278,908 282,765 285,430
Per cent change from previous quarter at quarterly rates 1.0 1.2 1.3 1.2 1.1 1.4 0.9
7. Nonprofit institutions' final consumption expenditure 4 13,426 13,516 13,618 13,723 14,002 14,095 14,319
Per cent change from previous quarter at quarterly rates 3.0 0.7 0.8 0.8 2.0 0.7 1.6
8. Government current expenditure 158,562 160,968 161,991 164,351 166,567 168,474 170,743
Per cent change from previous quarter at quarterly rates 1.5 1.5 0.6 1.5 1.3 1.1 1.3
9. Total gross fixed capital formation 175,714 172,696 171,775 176,667 180,267 181,485 181,883
Per cent change from previous quarter at quarterly rates 6.5 −1.7 −0.5 2.8 2.0 0.7 0.2
10. Business gross fixed capital formation 146,785 142,910 140,856 144,448 147,213 148,523 148,456
Per cent change from previous quarter at quarterly rates 7.5 −2.6 −1.4 2.5 1.9 0.9 0.0
11. Residential structures 77,367 70,973 68,060 69,484 68,955 69,851 69,485
Per cent change from previous quarter at quarterly rates 11.3 −8.3 −4.1 2.1 −0.8 1.3 −0.5
12. Non-residential structures 25,983 26,534 27,649 28,214 29,299 29,599 29,990
Per cent change from previous quarter at quarterly rates 2.4 2.1 4.2 2.0 3.8 1.0 1.3
13. Machinery and equipment 28,773 30,502 29,783 30,878 32,494 32,577 32,547
Per cent change from previous quarter at quarterly rates 6.0 6.0 −2.4 3.7 5.2 0.3 −0.1
14. Intellectual property products 14,663 14,900 15,364 15,873 16,464 16,496 16,434
Per cent change from previous quarter at quarterly rates 1.5 1.6 3.1 3.3 3.7 0.2 −0.4
15. Nonprofit institutions' gross fixed capital formation 5 1,270 1,303 1,321 1,358 1,324 1,340 1,350
Per cent change from previous quarter at quarterly rates −1.4 2.5 1.4 2.7 −2.5 1.3 0.7
16. Government capital expenditure 27,658 28,483 29,598 30,861 31,731 31,622 32,077
Per cent change from previous quarter at quarterly rates 1.8 3.0 3.9 4.3 2.8 −0.3 1.4
17. Exports of goods and services 428,459 440,347 420,105 429,749 431,302 446,930 450,663
Per cent change from previous quarter at quarterly rates 1.7 2.8 −4.6 2.3 0.4 3.6 0.8
18. Imports of goods and services 426,708 441,334 432,127 441,396 448,155 458,208 459,076
Per cent change from previous quarter at quarterly rates 3.9 3.4 −2.1 2.1 1.5 2.2 0.2
19. Investment in inventories 6,494 7,102 10,930 8,306 7,544 6,432 4,103
20. Nonfarm 6,944 7,011 10,336 7,260 7,541 6,462 3,818
21. Farm −510 −64 465 905 54 −55 265
22. Statistical discrepancy −675 −445 2,059 588 2,193 288 2,329
23. Gross Domestic Product at market prices 819,762 824,450 824,453 834,555 842,482 852,910 863,588
Per cent change from previous quarter at quarterly rates 1.8 0.6 0.0 1.2 0.9 1.2 1.3
See footnote 6 7.5 2.3 0.0 5.0 3.9 5.0 5.1
24. Final domestic demand 812,192 818,779 823,485 837,308 849,599 857,468 865,568
Per cent change from previous quarter at quarterly rates 2.5 0.8 0.6 1.7 1.5 0.9 0.9

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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