Canada vs North America

Canada's GDP per person at purchasing power parity was $66,746 in 2025, 1.04 times North America's $64,226, so Canada is the richer of the two by this measure. At market exchange rates, GDP per person was $55,698 in Canada and $59,564 in North America. Canada ranks 24th of the 186 countries with figures. North America's figures add up the 21 of its 23 countries (UN M49 regions) with figures for 2025, and per-person figures are their total GDP over their total population.

Prices across Canada's economy averaged 90% of North America's in 2025, so $100 spent in Canada buys about what $111 buys in North America, and a dollar goes 11% further in Canada. Against the United States, prices averaged 83% of US prices in Canada and 93% in North America.

In 2025, Canada's GDP was $2.32 trillion at market exchange rates and $2.78 trillion at PPP; North America's GDP was $35.6 trillion at market exchange rates and $38.4 trillion at PPP. At market rates Canada's economy is 7% of North America's, and at PPP 7%. Canada has 41.7 million people and North America 608.5 million.

In 2025, gross national income per person by the World Bank's Atlas method was $56,420 in Canada and $58,813 in North America; at PPP it was $66,820 and $63,633. The World Bank classes Canada as high income. In household surveys, the median person's income was $64.72 a day ($23,623 a year) in Canada, from a 2022 survey of income, in 2021 international dollars. Survey medians can't be added up across countries, so there's none for North America.

After inflation, GDP per person at PPP grew 20% in Canada from 2000 to 2025, 0.7% a year, and grew 32% in North America, 1.1% a year. Canada's was 1.16 times North America's in 2000 and 1.06 times in 2025.

A rate that converts money between countries by what it buys rather than by the exchange rate. An international dollar buys in any country what a US dollar buys in the United States. The World Bank's International Comparison Program prices the same goods and services around the world to set these rates, so GDP at PPP compares how much economies actually produce, without exchange rate swings or price gaps.

Each continent's GDP and population are the sums of its countries with a figure for 2025, and its per-person figures are that total divided by the same countries' total population, so bigger countries count for more. Countries without a 2025 figure are left out. Continents follow the UN's M49 regions, with the Americas split at South America: Russia counts as Europe, Türkiye, Cyprus and the Caucasus as Asia, and Mexico, Central America and the Caribbean as North America. The chart uses only the countries with figures for every year since 2000.

GDP is the value of everything produced inside a country. GNI, gross national income, adds income residents earn abroad and takes away income sent to foreign owners and workers. They differ most where foreign companies or workers take a large share, as in Ireland or Luxembourg, so GNI per person is closer to what a country's residents earn.

A way of converting GNI to US dollars that averages a country's exchange rate over three years, adjusted for inflation, so one year's currency swing doesn't jump it from one income group to another. The World Bank uses it to sort countries into low, lower-middle, upper-middle and high income each July.

Median income or consumption comes from household surveys, which most countries run every few years and some haven't run in a long time. Many lower-income countries measure what households spend rather than what they earn. This page shows the latest survey from the past 15 years in the World Bank's Poverty and Inequality Platform, with its year, and says when there isn't one.

From the World Bank's World Development Indicators, last updated October 8, 2026, with figures through 2025, and median income or consumption from its Poverty and Inequality Platform (September 22, 2026 release). Each figure is the latest the World Bank has for that country, from 2015 on; an older one is left out. The IMF publishes its own estimates, which usually differ by a few percent.

No. It's an educational comparison of official statistics. A country's average price level covers its whole economy, so your own costs in either place depend on where you live and what you buy.

• GDP and GNI in US dollars use market exchange rates; at PPP they use the World Bank's purchasing power parities, in international dollars.
• The price level is a country's GDP at market rates divided by its GDP at PPP: its prices against US prices, across the whole economy, not just what households buy. What $100 buys elsewhere is $100 times the ratio of the two price levels.
• GNI per person uses the Atlas method, the measure behind the World Bank's income groups.
• The chart is GDP per person at PPP in constant 2021 international dollars, so it shows growth after inflation.
• Continents follow the UN's M49 regions, with the Americas split at South America. Totals add up each continent's countries with 2025 figures, and per-person figures divide by their population.
• Figures: World Development Indicators, updated October 8, 2026; median income or consumption: Poverty and Inequality Platform, September 22, 2026 release. Series: GDP, GDP at PPP, GDP per person at PPP, PPP conversion factor, GNI per person (Atlas), GNI per person at PPP.