Tuesday, February 15, 2022

About the Size of Those Canadian Provinces (Required, Unlike the Others)

Canada is rich, and comparable to the U.S. in real GDP per capita. But it's population is a ninth of ours, so those provinces that are big on a map are not that comparable to our states.

First off, the entirety of Canada has an economy about the size of Texas (our # 2 state) with West Virginia thrown in to make it even.

This site gives the real GDP of Canadian provinces in their dollars. The exchange rate currently is about 4 of our dollars to 5 of theirs, so it makes sense to deflate their numbers by 20%. Here's what we get in U.S. dollars:

  • Ontario, about $710B/yr., or between the size of Georgia and Ohio.
  • Quebec, about $370B/yr., or between the size of Missouri and Wisconsin
  • Alberta, about $280B/yr.,, or between the size of South Carolina and Connecticut
  • British Columbia, about $250B/yr, or between the size or Alabama and Louisiana

Those are the big 4, and I didn't worry about the rest. For comparison, Utah's GDP is about $220B/yr.

No comments:

Post a Comment