Fiscally
Responsible
Outcomes and Economic
Growth
Strategy
Appendix: Economic Indicators
Manitoba Economic Statistics
|
||||||
2017 |
2018 |
2019 |
2020 |
2021 |
||
(Millions of Dollars unless noted) |
||||||
Gross Domestic Product 1 |
||||||
Nominal |
71,284 |
73,373 |
73,899 |
72,850 |
80,449 |
|
Real (chained 2012 dollars) |
66,670 |
67,987 |
68,257 |
65,122 |
67,973 |
|
Investment |
||||||
Residential Construction |
3,657 |
3,366 |
3,642 |
3,832 |
4,946 |
|
Housing Starts All Areas (Units) |
7,501 |
7,376 |
6,946 |
7,314 |
8,006 |
|
Building Permits |
2,986 |
2,974 |
3,554 |
3,018 |
3,853 |
|
Non-Res. Building Construction |
1,754 |
1,889 |
2,110 |
2,330 |
1,888 |
|
Non-Res. Capital Investment |
9,140 |
9,392 |
9,476 |
7,944 |
8,241 |
|
Private Capital Investment |
4,385 |
5,169 |
5,706 |
4,749 |
4,945 |
|
Public Capital Investment |
4,755 |
4,223 |
3,771 |
3,196 |
3,296 |
|
Sectors |
||||||
Manufacturing |
19,308 |
18,999 |
18,930 |
18,438 |
20,777 |
|
Retail Trade |
20,362 |
20,809 |
20,982 |
20,995 |
24,050 |
|
Wholesale Trade |
18,956 |
19,224 |
18,425 |
18,541 |
19,948 |
|
Farm Cash Receipts |
6,692 |
6,625 |
6,662 |
7,026 |
8,381 |
|
Crops |
4,276 |
4,201 |
4,006 |
4,369 |
5,180 |
|
Livestock |
2,238 |
2,244 |
2,401 |
2,362 |
2,783 |
|
|
Direct Payments |
178 |
180 |
255 |
295 |
418 |
Mining and Petroleum 1 |
2,540 |
2,711 |
2,199 |
1,722 |
1,873 |
|
Foreign Merchandise Exports |
||||||
Total |
13,886 |
15,484 |
15,925 |
15,751 |
17,443 |
|
USA |
8,957 |
10,925 |
12,095 |
10,997 |
12,303 |
|
Non-USA |
4,928 |
4,559 |
3,830 |
4,754 |
5,140 |
|
Labour Market |
||||||
Labour Force (000s) |
678.4 |
690.5 |
692.4 |
685.8 |
697.9 |
|
Employment (000s) |
641.8 |
649.0 |
655.4 |
630.9 |
653.3 |
|
Participation Rate (%) |
66.9 |
67.2 |
66.6 |
65.5 |
66.4 |
|
Unemployment Rate (%) |
5.4 |
6.0 |
5.3 |
8.0 |
6.4 |
|
Youth Unemployment Rate (%) |
11.3 |
11.2 |
11.1 |
16.2 |
11.7 |
|
Average Weekly Earnings ($) |
910.37 |
936.61 |
953.81 |
992.54 |
1,023.81 |
|
Compensation of Employees ($M) |
34,947 |
36,110 |
36,677 |
36,186 |
39,235 |
|
Consumer Price Index |
||||||
(2002=100) |
130.5 |
133.8 |
136.8 |
137.5 |
142.0 |
|
Population |
||||||
July 1st estimates (in thousands) |
1,334.8 |
1,352.8 |
1,370.0 |
1,380.6 |
1,383.8 |
|
1 Manitoba Bureau of Statistics Source: Manitoba Bureau of Statistics and Statistics Canada Totals in the statistical tables may not add due to rounding. |
Manitoba Economic Statistics |
||||||
2017 |
2018 |
2019 |
2020 |
2021 |
||
(Annual Percentage Change) |
||||||
Gross Domestic Product 1 |
||||||
Nominal (MBS) |
5.9 |
2.9 |
0.7 |
(1.4) |
10.4 |
|
Real (chained 2012 dollars) (MBS) |
3.3 |
2.0 |
0.4 |
(4.6) |
4.4 |
|
Investment |
||||||
Residential Construction |
12.3 |
(8.0) |
8.2 |
5.2 |
29.1 |
|
Housing Starts All Areas |
41.0 |
(1.7) |
(5.8) |
5.3 |
9.5 |
|
Building Permits |
13.7 |
(0.4) |
19.5 |
(15.1) |
27.7 |
|
Non-Res. Building Construction |
2.5 |
7.7 |
11.7 |
10.4 |
(19.0) |
|
Non-Res. Capital Investment |
3.1 |
2.8 |
0.9 |
(16.2) |
3.7 |
|
Private Capital Investment |
5.5 |
17.9 |
10.4 |
(16.8) |
4.1 |
|
Public Capital Investment |
1.0 |
(11.2) |
(10.7) |
(15.2) |
3.1 |
|
Sectors |
||||||
Manufacturing |
7.9 |
(1.6) |
(0.4) |
(2.6) |
12.7 |
|
Retail Trade |
7.8 |
2.2 |
0.8 |
0.1 |
14.6 |
|
Wholesale Trade |
6.4 |
1.4 |
(4.2) |
0.6 |
7.6 |
|
Farm Cash Receipts |
12.2 |
(1.0) |
0.6 |
5.5 |
19.3 |
|
Crops |
18.1 |
(1.8) |
(4.7) |
9.1 |
18.6 |
|
Livestock |
5.6 |
0.3 |
7.0 |
(1.6) |
17.8 |
|
|
Direct Payments |
(19.7) |
0.8 |
42.1 |
15.8 |
41.4 |
Mining and Petroleum 1 |
16.7 |
6.7 |
(18.9) |
(21.7) |
8.7 |
|
Foreign Merchandise Exports |
||||||
Total |
3.2 |
11.5 |
2.8 |
(1.1) |
10.7 |
|
USA |
(2.0) |
22.0 |
10.7 |
(9.1) |
11.9 |
|
Non-USA |
14.4 |
(7.5) |
(16.0) |
24.1 |
8.1 |
|
Labour Market |
||||||
Labour Force |
0.9 |
1.8 |
0.3 |
(1.0) |
1.8 |
|
Employment |
1.7 |
1.1 |
1.0 |
(3.7) |
3.6 |
|
Average Weekly Earnings |
2.5 |
2.9 |
1.8 |
4.1 |
3.2 |
|
Compensation of Employees |
4.5 |
3.3 |
1.6 |
(1.3) |
8.4 |
|
Consumer Price Index |
||||||
(2002=100) |
1.6 |
2.5 |
2.2 |
0.5 |
3.3 |
|
Population |
||||||
July 1st estimates (in thousands) |
1.6 |
1.4 |
1.3 |
0.8 |
0.2 |
|
1 Manitoba Bureau of Statistics Source: Manitoba Bureau of Statistics and Statistics Canada Totals in the statistical tables may not add due to rounding. |
1 The CHT is conditional on provinces and territories meeting the conditions of the Canada Health Act (public administration, comprehensiveness, universality, portability and accessibility) and provisions relating to extra-billing and user charges.