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Compare/🇨🇦 CAN vs 🇺🇸 USA/Output Gap
gdp-growth

Output Gap

Difference between actual and potential GDP as % of potential GDP

🇨🇦 Canada
0.0%▼ 4.0
As of 2026-01-01
🇺🇸 United States
-0.5%▼ 2.8
As of 2026-01-01

Historical Comparison

20002002200420062008201020122014201620182020202220242026-6.0%-3.0%0.0%3.0%6.0%
  • Canada
  • United States

Why it matters

Positive gap = overheating economy; negative = slack. Key for monetary policy.

Frequency: annual
Units: percent
Seasonal adj.: N/A
Importance: 7/10