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

Table 9
Ontario Economic Accounts — Annual Data, 2015-2018
Ontario Gross Domestic Product (Expenditure-Based)
Millions of dollars
  2015 2016 2017 2018
1. Final consumption expenditure on goods and services 599,027 619,194 648,728 679,258
Per cent change from previous year 3.9 3.4 4.8 4.7
2. Household consumption expenditure 433,616 450,804 473,689 495,836
Per cent change from previous year 4.2 4.0 5.1 4.7
3. Durable goods 53,318 57,739 63,395 66,719
Per cent change from previous year 8.1 8.3 9.8 5.2
4. Semi-durable 30,371 31,235 32,457 33,479
Per cent change from previous year 5.7 2.8 3.9 3.1
5. Non-durable 100,482 102,801 107,106 111,568
Per cent change from previous year 1.5 2.3 4.2 4.2
6. Services 249,445 259,029 270,731 284,070
Per cent change from previous year 4.4 3.8 4.5 4.9
7. Nonprofit institutions' final consumption expenditure 1 11,768 12,834 13,571 14,213
Per cent change from previous year 7.6 9.1 5.7 4.7
8. Government current expenditure 153,643 155,556 161,468 169,210
Per cent change from previous year 2.9 1.2 3.8 4.8
9. Total gross fixed capital formation 158,988 163,977 174,213 177,043
Per cent change from previous year 10.4 3.1 6.2 1.6
10. Business gross fixed capital formation 130,567 135,627 143,750 144,284
Per cent change from previous year 12.3 3.9 6.0 0.4
11. Residential structures 58,750 66,536 71,471 68,763
Per cent change from previous year 11.9 13.3 7.4 −3.8
12. Non-residential structures 28,283 26,323 27,095 26,536
Per cent change from previous year 13.3 −6.9 2.9 −2.1
13. Machinery and equipment 28,468 27,868 29,984 32,588
Per cent change from previous year 16.5 −2.1 7.6 8.7
14. Intellectual property products 15,066 14,900 15,200 16,397
Per cent change from previous year 4.8 −1.1 2.0 7.9
15. Nonprofit institutions' gross fixed capital formation 2 1,207 1,248 1,313 1,324
Per cent change from previous year −2.6 3.4 5.2 0.8
16. Government capital expenditure 27,214 27,102 29,150 31,435
Per cent change from previous year 2.6 −0.4 7.6 7.8
17. Exports of goods and services 404,175 421,834 429,665 444,797
Per cent change from previous year 7.2 4.4 1.9 3.5
18. Imports of goods and services 403,600 410,966 435,391 454,411
Per cent change from previous year 6.7 1.8 5.9 4.4
19. Investment in inventories 1,285 −627 8,208 6,504
20. Nonfarm 1,245 −152 7,888 6,416
21. Farm 73 −566 199 67
22. Statistical discrepancy −435 −480 382 1,080
23. Gross Domestic Product at market prices 759,440 792,932 825,805 854,272
Per cent change from previous year 4.6 4.4 4.1 3.4
24. Final domestic demand 758,015 783,171 822,941 856,301
Per cent change from previous year 5.2 3.3 5.1 4.1

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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