GDP up 5.1% in Alberta in 2021, slightly outpacing national average
LETHBRIDGE, AB – Stats Canada is reporting a “rapid recovery” from the COVID-19 pandemic’s economic impacts.
The annual real gross domestic product (GDP) in Canada last year increased by 4.8%.
Nationally, sectors such as public sector services (education, healthcare, and administration) had strong growth, as did construction.
Due to COVID-19 restrictions being lifted in most areas of the country in 2021, retail, food, accommodation, and others that rely on in-person customers were also up.