Makrognosis

Canada GDP implicit price deflator (CA.GDP.Q.NOM / CA.GDP.Q.REAL x 100; Statistics , SAAR, 2017=100)

QuarterlyNot seasonally adjustedCode CA.GDPDEFL.Q.NSA

Latest (y/y)5.9%Q2 2026
Previous (y/y)3.2%Q1 2026
Level136.2Q2 2026

Canada GDP implicit price deflator (CA.GDP.Q.NOM / CA.GDP.Q.REAL x 100; Statistics , SAAR, 2017=100) was up 5.9% year on year in Q2 2026, compared with 3.2% in Q1 2026.

The level stood at 136.2 (index (real-series reference year = 100)).

That is the highest reading since Q3 2022.

Over the past ten years it has ranged from −0.8% (Q2 2023) to 9.8% (Q2 2022), averaging 3.2%.

Canada GDP implicit price deflator (CA.GDP.Q.NOM / CA.GDP.Q.REAL x 100; Statistics , SAAR, 2017=100), annual % change, Q1 1962 – Q2 2026−5%0%5%10%15%197019801990200020102020Robomacro
Canada GDP implicit price deflator (CA.GDP.Q.NOM / CA.GDP.Q.REAL x 100; Statistics , SAAR, 2017=100), annual % change, Q1 1962 – Q2 2026. Source: Makrognosis (computed from agency-direct inputs).
Canada GDP implicit price deflator (CA.GDP.Q.NOM / CA.GDP.Q.REAL x 100; Statistics , SAAR, 2017=100), level (index (real-series reference year = 100))050100150197019801990200020102020Robomacro
Canada GDP implicit price deflator (CA.GDP.Q.NOM / CA.GDP.Q.REAL x 100; Statistics , SAAR, 2017=100), level (index (real-series reference year = 100)).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
Q2 2026136.25.9
Q1 2026132.93.2
Q4 2025131.32.7
Q3 2025130.02.4
Q2 2025128.71.9
Q1 2025128.93.0
Q4 2024127.92.2
Q3 2024127.02.0
Q2 2024126.23.5
Q1 2024125.13.2
Q4 2023125.12.9
Q3 2023124.52.4
Q2 2023121.9−0.8
Q1 2023121.21.7
Q4 2022121.65.4
Q3 2022121.57.5
Q2 2022122.99.8
Q1 2022119.29.0
Q4 2021115.38.2
Q3 2021113.18.1
Q2 2021112.09.3
Q1 2021109.35.6
Q4 2020106.62.3
Q3 2020104.61.3

Last 24 observations. The full history (262 observations) is available through the API.

Get Canada GDP implicit price deflator (CA.GDP.Q.NOM / CA.GDP.Q.REAL x 100; Statistics , SAAR, 2017=100) in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/CA.GDPDEFL.Q.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/CA.GDPDEFL.Q.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationQ2 2026
First observationQ1 1961
Observations262
FrequencyQuarterly
Unitsindex (real-series reference year = 100)
AdjustmentNot seasonally adjusted
10-year high9.8% (Q2 2022)
10-year low−0.8% (Q2 2023)
10-year average3.2%
Source agencyMakrognosis (computed from agency-direct inputs)
Makrognosis codeCA.GDPDEFL.Q.NSA

This series is a labelled reference series (an official figure republished by an aggregator) rather than a first print from the agency itself.

Other Canada indicators

Canada GDP (Gross Domestic Product)Canada Gross domestic product at market prices, expenditure-based (current prices, SA at annual rates)Canada Inflation Rate (CPI)Canada Unemployment RateCanada Credit Rating & Sovereign Risk ScoreCanada Industrial ProductionCanada Retail SalesCanada Producer Price Inflation (PPI)Canada Trade Balance: Goods & ServicesCanada Exports of goods and services (chained 2017 dollars, SA at annual rates)Canada Merchandise exports, all countries, balance of payments basis, seasonally adjustedCanada Imports of goods and services (chained 2017 dollars, SA at annual rates)Canada Merchandise imports, all countries, balance of payments basis, seasonally adjustedCanada Government Debt to GDPCanada EmploymentCanada M2 (gross) monetary aggregate

FAQ

What is the current gDP implicit price deflator (CA.GDP.Q.NOM / CA.GDP.Q.REAL x 100; Statistics , SAAR, 2017=100) in Canada?
The latest reading is 5.9% year on year for Q2 2026, published by Makrognosis (computed from agency-direct inputs).
Where does this data come from?
It is collected directly from Makrognosis (computed from agency-direct inputs) and is available through the Makrognosis API under the code CA.GDPDEFL.Q.NSA.

Last updated 2026-10-22. Source: Makrognosis (computed from agency-direct inputs). Original title: “CA GDP implicit price deflator (CA.GDP.Q.NOM / CA.GDP.Q.REAL x 100; Statistics Canada, SAAR, 2017=100)”.