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Québec's Budgetary Statistics

Nominal gross domestic product (GDP) and surplus (deficit)

GDP(5),(6) Surplus (deficit) in the public accounts
($million) (% change) ($million) (% of GDP)
2020-2021 464 928 3.2 2 684 0.6
2019-2020 450 558 3.5 2 504 0.6
2018-2019 435 319 4.3 5 606 1.3
2017-2018 417 173 5.0 4 915 1.2
2016-2017 397 291 2.8 4 362 1.1
2015-2016 386 301 2.9 3 644 0.9
2014-2015 375 513 3.0 136 0.0
2013-2014 364 530 3.0 –1 703 –0.5
2012-2013 354 045 2.7 –2 515 –0.7
2011-2012 344 734 5.1 –1 788 –0.5
2010-2011 328 137 4.3 –2 390 –0.7
2009-2010 314 540 0.1 –2 940 –0.9
2008-2009 314 380 2.7 –1 258 –0.4
2007-2008 306 029 5.3 1 650 0.5
2006-2007 290 555 3.7 1 993 0.7
2005-2006 280 131 3.0 37 0.0
2004-2005 271 848 4.9 –664 –0.2
2003-2004 259 118 3.8 –358 –0.1
2002-2003 249 687 4.7 –728 –0.3
2001-2002 238 570 3.6 –928 –0.4
2000-2001 230 286 6.9 1 377 0.6
1999-2000 215 447 7.6 7 0.0
1998-1999 200 311 3.8 126 0.1
1997-1998 192 963 4.6 –2 157 –1.1
1996-1997 184 431 1.6 –3 212 –1.7
1995-1996 181 476 4.2 –3 947 –2.2
1994-1995 174 084 5.6 –5 821 –3.3
1993-1994 164 862 2.5 –4 923 –3.0
1992-1993 160 876 2.1 –5 030 –3.1
1991-1992 157 519 1.2 –4 301 –2.7
1990-1991 155 692 3.6 –2 975 –1.9
1989-1990 150 304 4.9 –1 764 –1.2
1988-1989 143 225 9.1 –1 704 –1.2
1987-1988 131 318 9.6 –2 396 –1.8
1986-1987 119 828 8.8 –2 972 –2.5
1985-1986 110 112 6.9 –3 473 –3.2
1984-1985 103 018 9.4 –3 873 –3.8
1983-1984 94 172 7.9 –2 164 –2.3
1982-1983 87 287 5.9 –2 463 –2.8
1981-1982 82 460 10.8 –2 621 –3.2
1980-1981 74 438 11.6 –3 481 –4.7
1979-1980 66 688 12.1 –2 400 –3.6
1978-1979 59 507 11.1 –1 498 –2.5
1977-1978 53 553 9.8 –704 –1.3
1976-1977 48 778 16.9 –1 176 –2.4
1975-1976 41 721 12.9 –951 –2.3
1974-1975 36 969 17.7 –442 –1.2
1973-1974 31 416 14.2 –659 –2.1
1972-1973 27 503 n. a. –347 –1.3
  1. The data presented are forecasts for 2018-2019 to 2020-2021, actual data for 2017-2018 and adjusted data for 2016-2017 and previous years.
  2. Statistics on the GDP prior to 1981 are based on data provided by the Institut de la statistique du Québec covering the period of 1961 to 2010. However, this data on nominal GDP are estimates based on Statistics Canada's 1993 System of National Accounts and differ slightly from the data currently published for the period of 1981 to 2017, which are based on the 2008 System of National Accounts. Therefore, an adjustment was made to the data for 1971 to 1980 in order to make them more consistent with the data based on the 2008 System of National Accounts.
  3. GDP statistics are on a calendar year basis, from January to December. GDP for 2017-2018 thus represents GDP for the period from January 2017 to December 2017.