International Banking - Annual Overview
% OF GDP
CANADIAN ECONOMY
Diverse economy with a strong balance sheet
20.1%-
Finance, Insurance,
& Real Estate
14.4%
Other
4.5%
Transportation
& Warehousing
5.4%
Professional,
Scientific,
& Technical
Services
6.3%
CANADIAN
GDP BY
INDUSTRY
(AUG 2017)
Public Administration
-11.7%
Health & Education
-11.7%
Wholesale &
Retail Trade
-10.4%
Manufacturing
-8.5%
Mining and Oil
& Gas Extraction
6.9%
Construction
GENERAL GOVERNMENT NET FINANCIAL LIABILITIES
REAL GDP GROWTH
ANNUAL % CHANGE
3
2
Canada
US
Eurozone
UK
Japan
2000-2016
2017f-2018f
Sources: Scotiabank Economics, OECD (2016 Estimates, Statistics Canada.
Forecasts as of November 3, 2017.
GOVERNMENT FINANCIAL DEFICITS
125.5
130.6
92.8
79.1
81.3
68.8
40.1
31.3
Canada Germany OECD France
US
UK
Sources: Scotiabank Economics, OECD (2016 estimates). As of November 20, 2017.
% OF GDP
ŵ Ń
0.8
(1.1)
(1.9)
(2.4)
(3.1)
(3.3)
(4.2) (4.4)
-4
-5
Japan Italy
GermanyOECD* Canada Italy
UK France Japan
US
*Arithmetic mean.
Sources: Scotiabank Economics, IMF (2016 estimates).
As of November 20, 2017.
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