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Alberta Economic Quick Facts

By 8 September 2016Alberta


  • Because of weak oil and gas prices Alberta’s economy contracted by 4.0% in 2015
  • However, Alberta still leads all provinces in economic growth during the past 20 years, with an average annual GDP growth of 3.2% per year
  • Continued weakness in oil and gas prices is also negatively impacting the Alberta economy this year
  • Alberta’s per capita GDP of $91,183 (in 2014) is the highest of any state or province in North America
  • Employment increased by 26,500 in Alberta in 2015 Real Economic Growth 1995 – 2015

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Source:  Alberta Economic Development and Trade, June 2016