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Economy

Québec : A Vibrant Economy

Over the last number of years, Québec has had a strong economic performance. The largest Canadian province, Québec has a gross domestic product (GDP) of more than $265 billion Canadian, 70 % of which comes from the service sector.  The GDP is equivalent to approximately US$205 billion or $EUR165 billion.

International Comparisons

Although it is not a country, the province of Québec has an economy whose scope compares with that of  Portugal. Its economy therefore ranks 41st in the world, and 21st in terms of Organisation for Economic Co-operation and Development (OECD) countries. Furthermore, Québec's GDP per person, it can be compared to that of Germany and Italy and even surpasses that of Spain.

The Economy by Administrative Region

Québec is split into 17 administrative regions. Each of its regions has distinct economic forces, which makes it possible to draw up an economic profile for each one of them. This profile, broken down by sections, informs you on the demography, the workforce, private and public investments, manufacturing statistics, personal income, exports, and knowledge economy.

The forces impacting Québec's economy :

Science and Technology
Import/Export
Tourism
Transportation
Natural Resources
Sectors of Excellence

To know more about Québec's economy, you can also consult the following :

  • The document Economic and Financial Profile of Québec of the Ministère des Finances draws up the economic and financial picture of the province while informing you on the leading sectors of activity in Québec and public funding.
  • Québec Handy Numbers was produced by the Institut de la statistique Québec (ISQ) with the collaboration of over 50 specialists in the field of Québec data. It includes some one hundred statistical tables covering different aspects of Québec society : population, labour, consumption, the economy, territory, health, etc.
  • The Investissement Québec site presents the advantages of investing in Québec, not only from an economic standpoint but also with respect to the quality of life and the cost of doing business.