Table 3: Ontario Gross Domestic Product at Chained 2012 Prices, Quarterly Data

Table 3
Ontario Economic Accounts — Quarterly Data, 2015:1-2016:4
Ontario Gross Domestic Product at Chained 2012 Prices
Seasonally adjusted data at annual rates, millions of chained (2012) 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 565,899 569,365 572,409 577,990 579,740 583,610 583,932 587,869
Per cent change from previous quarter at quarterly rates 0.8 0.6 0.5 1.0 0.3 0.7 0.1 0.7
2. Household consumption expenditure 408,696 411,154 414,166 419,232 420,541 423,030 424,966 428,559
Per cent change from previous quarter at quarterly rates 0.6 0.6 0.7 1.2 0.3 0.6 0.5 0.8
3. Durable goods 50,018 50,972 52,372 53,855 55,202 54,075 54,750 56,241
Per cent change from previous quarter at quarterly rates −1.3 1.9 2.7 2.8 2.5 −2.0 1.2 2.7
4. Semi-durable 29,376 29,742 29,918 31,040 31,218 30,680 30,587 31,079
Per cent change from previous quarter at quarterly rates 0.8 1.2 0.6 3.8 0.6 −1.7 −0.3 1.6
5. Non-durable 97,066 96,188 97,069 98,193 97,188 98,612 99,335 99,221
Per cent change from previous quarter at quarterly rates 1.1 −0.9 0.9 1.2 −1.0 1.5 0.7 −0.1
6. Services 232,309 234,338 234,947 236,367 237,161 239,808 240,429 242,158
Per cent change from previous quarter at quarterly rates 0.7 0.9 0.3 0.6 0.3 1.1 0.3 0.7
7. Nonprofit institutions' final consumption expenditure 1 11,089 11,295 11,498 11,790 11,806 12,156 12,107 12,235
Per cent change from previous quarter at quarterly rates 2.7 1.9 1.8 2.5 0.1 3.0 −0.4 1.1
8. Government current expenditure 146,137 146,944 146,786 147,024 147,432 148,454 146,889 147,098
Per cent change from previous quarter at quarterly rates 1.2 0.6 −0.1 0.2 0.3 0.7 −1.1 0.1
9. Total gross fixed capital formation 143,825 145,445 146,222 146,972 147,201 146,960 145,449 144,151
Per cent change from previous quarter at quarterly rates 0.9 1.1 0.5 0.5 0.2 −0.2 −1.0 −0.9
10. Business gross fixed capital formation 117,693 119,330 120,161 121,176 121,334 121,351 119,628 117,983
Per cent change from previous quarter at quarterly rates 1.3 1.4 0.7 0.8 0.1 0.0 −1.4 −1.4
11. Residential structures 51,788 53,402 53,550 54,582 56,211 56,840 57,640 58,530
Per cent change from previous quarter at quarterly rates 2.5 3.1 0.3 1.9 3.0 1.1 1.4 1.5
12. Non-residential structures 25,904 26,513 27,107 27,160 25,817 24,686 24,246 23,498
Per cent change from previous quarter at quarterly rates 1.6 2.4 2.2 0.2 −4.9 −4.4 −1.8 −3.1
13. Machinery and equipment 26,460 25,599 25,655 25,398 25,401 25,801 23,744 23,849
Per cent change from previous quarter at quarterly rates 1.2 −3.3 0.2 −1.0 0.0 1.6 −8.0 0.4
14. Intellectual property products 13,672 13,789 13,906 14,037 13,790 13,686 13,234 12,855
Per cent change from previous quarter at quarterly rates −4.0 0.9 0.9 0.9 −1.8 −0.8 −3.3 −2.9
15. Nonprofit institutions' gross fixed capital formation 2 1,142 1,142 1,133 1,100 1,101 1,133 1,168 1,182
Per cent change from previous quarter at quarterly rates −5.2 0.0 −0.8 −2.9 0.1 2.8 3.1 1.2
16. Government capital expenditure 24,982 24,982 24,938 24,730 24,793 24,514 24,656 24,953
Per cent change from previous quarter at quarterly rates −0.6 0.0 −0.2 −0.8 0.3 −1.1 0.6 1.2
17. Exports of goods and services 369,976 371,276 381,807 385,464 393,820 385,173 387,515 383,289
Per cent change from previous quarter at quarterly rates −1.3 0.4 2.8 1.0 2.2 −2.2 0.6 −1.1
18. Imports of goods and services 374,804 374,367 372,884 373,062 378,961 380,156 379,761 375,707
Per cent change from previous quarter at quarterly rates 0.0 −0.1 −0.4 0.0 1.6 0.3 −0.1 −1.1
19. Investment in inventories 10,430 5,811 −672 −4,669 −4,364 652 4,988 3,580
20. Nonfarm 10,843 5,883 −935 −5,231 −4,222 775 5,489 4,630
21. Farm 87 49 113 190 −202 −223 −501 −850
22. Statistical discrepancy 119 1,036 −1,173 −1,616 −2,880 810 −611 865
23. Gross Domestic Product at market prices 716,575 719,926 726,451 732,469 737,115 738,300 741,960 745,474
Per cent change from previous quarter at quarterly rates 0.2 0.5 0.9 0.8 0.6 0.2 0.5 0.5
See footnote 3 0.7 1.9 3.7 3.4 2.6 0.6 2.0 1.9
24. Final domestic demand 709,938 714,960 718,732 725,025 726,999 730,612 729,398 731,995
Per cent change from previous quarter at quarterly rates 0.8 0.7 0.5 0.9 0.3 0.5 −0.2 0.4

Table 3
Ontario Economic Accounts — Quarterly Data, 2017:1-2018:3
Ontario Gross Domestic Product at Chained 2012 Prices
Seasonally adjusted data at annual rates, millions of chained (2012) 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 594,820 601,182 606,958 611,120 614,977 618,627 622,014
Per cent change from previous quarter at quarterly rates 1.2 1.1 1.0 0.7 0.6 0.6 0.5
2. Household consumption expenditure 433,652 439,535 443,933 446,832 449,513 451,901 454,410
Per cent change from previous quarter at quarterly rates 1.2 1.4 1.0 0.7 0.6 0.5 0.6
3. Durable goods 57,997 59,576 60,057 61,057 62,589 62,266 62,544
Per cent change from previous quarter at quarterly rates 3.1 2.7 0.8 1.7 2.5 −0.5 0.4
4. Semi-durable 31,556 32,799 32,978 32,820 32,851 33,086 33,414
Per cent change from previous quarter at quarterly rates 1.5 3.9 0.5 −0.5 0.1 0.7 1.0
5. Non-durable 100,114 101,612 101,616 101,815 101,978 102,160 102,769
Per cent change from previous quarter at quarterly rates 0.9 1.5 0.0 0.2 0.2 0.2 0.6
6. Services 244,154 245,818 249,531 251,372 252,336 254,607 255,914
Per cent change from previous quarter at quarterly rates 0.8 0.7 1.5 0.7 0.4 0.9 0.5
7. Nonprofit institutions' final consumption expenditure 4 12,058 12,148 12,079 12,063 12,201 12,433 12,531
Per cent change from previous quarter at quarterly rates −1.4 0.7 −0.6 −0.1 1.1 1.9 0.8
8. Government current expenditure 149,119 149,538 150,986 152,265 153,299 154,323 155,102
Per cent change from previous quarter at quarterly rates 1.4 0.3 1.0 0.8 0.7 0.7 0.5
9. Total gross fixed capital formation 151,049 148,692 149,929 153,182 156,923 156,669 155,446
Per cent change from previous quarter at quarterly rates 4.8 −1.6 0.8 2.2 2.4 −0.2 −0.8
10. Business gross fixed capital formation 124,739 121,939 122,027 124,458 127,636 127,758 126,338
Per cent change from previous quarter at quarterly rates 5.7 −2.2 0.1 2.0 2.6 0.1 −1.1
11. Residential structures 62,198 57,609 55,656 56,073 56,061 56,497 55,431
Per cent change from previous quarter at quarterly rates 6.3 −7.4 −3.4 0.7 0.0 0.8 −1.9
12. Non-residential structures 24,111 24,590 25,429 25,793 26,736 26,960 27,216
Per cent change from previous quarter at quarterly rates 2.6 2.0 3.4 1.4 3.7 0.8 1.0
13. Machinery and equipment 25,469 26,489 26,915 27,743 29,613 29,038 28,562
Per cent change from previous quarter at quarterly rates 6.8 4.0 1.6 3.1 6.7 −1.9 −1.6
14. Intellectual property products 13,157 13,402 13,901 14,348 14,883 14,878 14,809
Per cent change from previous quarter at quarterly rates 2.4 1.9 3.7 3.2 3.7 0.0 −0.5
15. Nonprofit institutions' gross fixed capital formation 5 1,164 1,176 1,184 1,204 1,165 1,178 1,183
Per cent change from previous quarter at quarterly rates −1.5 1.0 0.6 1.7 −3.2 1.1 0.4
16. Government capital expenditure 25,172 25,604 26,768 27,572 28,171 27,775 27,977
Per cent change from previous quarter at quarterly rates 0.9 1.7 4.5 3.0 2.2 −1.4 0.7
17. Exports of goods and services 391,933 397,377 391,003 397,072 397,653 405,447 405,653
Per cent change from previous quarter at quarterly rates 2.3 1.4 −1.6 1.6 0.1 2.0 0.1
18. Imports of goods and services 391,776 395,923 400,564 403,092 407,788 408,407 404,994
Per cent change from previous quarter at quarterly rates 4.3 1.1 1.2 0.6 1.2 0.2 −0.8
19. Investment in inventories 8,336 8,654 12,287 8,039 6,877 5,158 2,928
20. Nonfarm 8,573 8,667 11,845 7,195 6,870 5,207 2,885
21. Farm 34 −33 342 544 7 −49 43
22. Statistical discrepancy −621 −410 1,905 541 2,006 263 2,112
23. Gross Domestic Product at market prices 754,703 760,036 762,730 767,751 770,769 777,974 783,026
Per cent change from previous quarter at quarterly rates 1.2 0.7 0.4 0.7 0.4 0.9 0.6
See footnote 6 5.0 2.9 1.4 2.7 1.6 3.8 2.6
24. Final domestic demand 746,081 749,827 756,798 764,290 772,021 775,363 777,426
Per cent change from previous quarter at quarterly rates 1.9 0.5 0.9 1.0 1.0 0.4 0.3

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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