Table 9: Ontario Gross Domestic Product (Expenditure-Based), Annual Data

Table 9
Ontario Economic Accounts — Annual Data, 2014-2017
Ontario Gross Domestic Product (Expenditure-Based)
Millions of dollars
  2014 2015 2016 2017
1. Final consumption expenditure on goods and services 576,386 599,027 619,194 648,728
Per cent change from previous year 4.1 3.9 3.4 4.8
2. Household consumption expenditure 416,099 433,616 450,804 473,689
Per cent change from previous year 4.9 4.2 4.0 5.1
3. Durable goods 49,315 53,318 57,739 63,395
Per cent change from previous year 8.5 8.1 8.3 9.8
4. Semi-durable 28,728 30,371 31,235 32,457
Per cent change from previous year 4.6 5.7 2.8 3.9
5. Non-durable 99,017 100,482 102,801 107,106
Per cent change from previous year 4.1 1.5 2.3 4.2
6. Services 239,039 249,445 259,029 270,731
Per cent change from previous year 4.5 4.4 3.8 4.5
7. Nonprofit institutions' final consumption expenditure 1 10,936 11,768 12,834 13,571
Per cent change from previous year 1.6 7.6 9.1 5.7
8. Government current expenditure 149,351 153,643 155,556 161,468
Per cent change from previous year 2.2 2.9 1.2 3.8
9. Total gross fixed capital formation 144,004 158,988 163,977 174,213
Per cent change from previous year 8.2 10.4 3.1 6.2
10. Business gross fixed capital formation 116,244 130,567 135,627 143,750
Per cent change from previous year 10.5 12.3 3.9 6.0
11. Residential structures 52,479 58,750 66,536 71,471
Per cent change from previous year 4.5 11.9 13.3 7.4
12. Non-residential structures 24,960 28,283 26,323 27,095
Per cent change from previous year 14.8 13.3 −6.9 2.9
13. Machinery and equipment 24,430 28,468 27,868 29,984
Per cent change from previous year 21.0 16.5 −2.1 7.6
14. Intellectual property products 14,375 15,066 14,900 15,200
Per cent change from previous year 9.9 4.8 −1.1 2.0
15. Nonprofit institutions' gross fixed capital formation 2 1,239 1,207 1,248 1,313
Per cent change from previous year −0.6 −2.6 3.4 5.2
16. Government capital expenditure 26,521 27,214 27,102 29,150
Per cent change from previous year −0.6 2.6 −0.4 7.6
17. Exports of goods and services 377,072 404,175 421,834 429,665
Per cent change from previous year 5.5 7.2 4.4 1.9
18. Imports of goods and services 378,338 403,600 410,966 435,391
Per cent change from previous year 8.0 6.7 1.8 5.9
19. Investment in inventories 7,301 1,285 −627 8,208
20. Nonfarm 7,132 1,245 −152 7,888
21. Farm 152 73 −566 199
22. Statistical discrepancy −372 −435 −480 382
23. Gross Domestic Product at market prices 726,053 759,440 792,932 825,805
Per cent change from previous year 4.4 4.6 4.4 4.1
24. Final domestic demand 720,390 758,015 783,171 822,941
Per cent change from previous year 4.9 5.2 3.3 5.1

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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