Table 8: Ontario Gross Domestic Product (Income-Based), Annual Data

Table 8
Ontario Economic Accounts — Annual Data, 2017-2020
Ontario Gross Domestic Product (Income-Based)
Millions of dollars
  2017 2018 2019 2020
1. Compensation of employees  (domestic basis) 427,629 453,541 474,340 468,122
Per cent change from previous year 4.6 6.1 4.6 −1.3
2. Gross operating surplus 201,313 206,624 211,499 202,155
Per cent change from previous year 1.7 2.6 2.4 −4.4
3. Net operating surplus: corporations 111,409 112,069 112,120 101,073
Per cent change from previous year 1.6 0.6 0.0 −9.9
4. Consumption of fixed capital: corporations 62,590 65,870 69,103 69,901
Per cent change from previous year 1.5 5.2 4.9 1.2
5. Consumption of fixed capital: government and nonprofit institutions 1 27,314 28,685 30,276 31,181
Per cent change from previous year 2.6 5.0 5.5 3.0
6. Gross mixed income 93,329 97,238 102,699 105,965
Per cent change from previous year 4.9 4.2 5.6 3.2
7. Net mixed income 69,078 71,613 76,564 78,728
Per cent change from previous year 4.8 3.7 6.9 2.8
8. Consumption of fixed capital: unincorporated businesses 24,251 25,625 26,135 27,238
Per cent change from previous year 5.0 5.7 2.0 4.2
9. Taxes less subsidies 102,375 102,053 103,162 72,848
Per cent change from previous year 7.5 −0.3 1.1 −29.4
10. Statistical discrepancy 333 −377 111 −378
11. Gross Domestic Product at market prices 824,979 859,079 891,811 848,712
Per cent change from previous year 4.3 4.1 3.8 −4.8

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

[1] Nonprofit institutions serving households.

Sources: Statistics Canada.

List of Tables

Go to the top of this page.