Québec, July 13, 2017. – In 2015, Québec’s gross domestic product (GDP) at basic prices in current dollars totalled $351,088 million, up 2.4% compared with 2014. The highest increase in GDP was observed in the administrative region of Montréal (+4.2%), closely followed by Gaspésie–Îles-de-la-Madeleine (+4.0%). Those figures were revealed in the regional GDP data updated by the Institut de la statistique du Québec and released on its website today.
GDP growth exceeded 3% in the regions of Laurentides (+3.5%) and Laval (+3.2%), while Lanaudière (+2.6%), Montérégie (+2.4%), Estrie (+2.2%) and Outaouais (+2.2%) posted an increase similar to the provincial average. The regions of Capitale-Nationale (+1.9%), Mauricie (+1.6%), Chaudière-Appalaches (+1.6%), Centre-du-Québec (+1.4%) and Saguenay–Lac-Saint-Jean (+0.5%) recorded growth rates under 2%. Economic activity declined in four regions in 2015: Côte-Nord (-8.1%), Nord-du-Québec (-7.7%), Bas-Saint-Laurent (-1.6%) and Abitibi-Témiscamingue (-1.3%).
Montréal CMA stands out from the rest of Québec
With a 3.6% rise of its GDP, the census metropolitan area (CMA) of Montréal registered by far the strongest increase among Québec CMAs. Conversely, Trois-Rivières was the only CMA that posted a loss in 2015 (-0.8%). The CMA of Gatineau grew by 2.5%, while Sherbrooke (+1.7%), Québec (+1.2%) and Saguenay (+0.4%) saw their GDP increase at a rate below the provincial average. GDP grew 1.0% in non-CMA areas in Québec.
The Institut de la statistique du Québec produces, analyzes and disseminates official, objective and quality statistical information on various aspects of Québec society. It is responsible for carrying out all statistical surveys of general interest. The relevance of its work makes it a strategic ally for decision makers and all those wishing to learn more about Québec.