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Saskatchewan on a GDP high

Provincial gross domestic product reaches $77.9 billion in 2023.
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Saskatchewan exports totalled over $102 billion for 2022 and 2023 combined.

REGINA — Statistics Canada's latest real GDP data shows Saskatchewan is tied for second among Canadian provinces for growth in 2023.

Real GDP rose by 2.3 per cent from 2022 to 2023, surpassing the national average increase of 1.2 per cent. Saskatchewan's real GDP value remains at an all-time high of $77.9 billion.

GDP measures the value of goods and services produced within a prescribed geographic region over a specific period. Saskatchewan exports totalled over $102 billion for 2022 and 2023 combined.

This is an increase of nearly 53 per cent from the previous two-year period and the highest export numbers in the province's history. Saskatchewan's crude oil, potash, canola seed, non-durum wheat, uranium, canola oil, lentils and durum wheat have also already surpassed $1 billion in exports for 2024.

 

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