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Alberta Economic Forecast

The Conference Board of Canada’s Economic Trends Division is recognized worldwide for its expertise in economic forecasting, modelling and analysis. We have produced accurate economic forecasts for more than 25 years.

We examine the economic outlook for Alberta, including gross domestic product (GDP), output by industry, housing, demographics and trade and labour market conditions.

The Provincial Outlook is updated quarterly using the Conference Board’s large econometric model of the provincial economies.

Five-year forecasts with up to 50 years of history for more than 210 indicators are available for Alberta. The indicators are updated four times a year.

What Data Do We Forecast?

Key Economic Indicators: Alberta
Gross Domestic Product at Market Prices,Alberta Millions $
Gross Domestic Product at Market Prices,Alberta Millions, Chained $ 2007
Gross Domestic Product at Basic Prices, Alberta Millions, Chained $ 2007
Implicit Price Deflator: G.D.P at Market Price, Alberta Index, 2007=1.00
Consumer Price Index, Alberta 2002=1.0
Wages & Salaries Per Employee, Alberta Thousands $
Primary household income , Alberta Millions $
Household disposable income , Alberta Millions $
Population of Labour Force Age , Alberta Thousands
Labour Force , Alberta Thousands
Employment, Alberta Thousands
Unemployment Rate, Alberta %
Retail Sales , Alberta Millions $
Housing Starts , Alberta Number of units
 
GDP at Basic Prices by Industry (Millions, Chained $ 2007)
GDP at Basic Prices by Industry, Crop and animal production , Alberta Millions, Chained $ 2007
GDP at Basic Prices by Industry, Forestry and Logging , Alberta Millions, Chained $ 2007
GDP at Basic Prices by Industry, Support activities for agriculture & forestry, Alberta Millions, Chained $ 2007
GDP at Basic Prices by Industry, Fishing, hunting and trapping, Alberta Millions, Chained $ 2007
GDP at Basic Prices by Industry, Mining and oil and gas extraction, Alberta Millions, Chained $ 2007
GDP at Basic Prices by Industry, Manufacturing, Alberta Millions, Chained $ 2007
GDP at Basic Prices by Industry, Construction, Alberta Millions, Chained $ 2007
GDP at Basic Prices by Industry, Utilities, Alberta Millions, Chained $ 2007
GDP at Basic Prices by Industry, Goods-Producing Industries, Alberta Millions, Chained $ 2007
GDP at Basic Prices by Industry, Transportation & Warehousing, Alberta Millions, Chained $ 2007
GDP at Basic Prices by Industry, Information & Culture Industries, Alberta Millions, Chained $ 2007
GDP at Basic Prices by Industry, Wholesale & Retail Trade, Alberta Millions, Chained $ 2007
GDP at Basic Prices by Industry, Finance and insurance, real estate and renting and leasing and management of companies and enterprises, Alberta Millions, Chained $ 2007
GDP at Basic Prices by Industry, Commercial Services, Alberta Millions, Chained $ 2007
GDP at Basic Prices by Industry, Non-Commercial Services, Alberta Millions, Chained $ 2007
GDP at Basic Prices by Industry, Public administration , Alberta Millions, Chained $ 2007
GDP at Basic Prices by Industry, Service-Producing Industries, Alberta Millions, Chained $ 2007
GDP at Basic Prices by Industry, All Industries, Alberta Millions, Chained $ 2007
 
Labour Market ('000)
Employment, Alberta, Agriculture Thousands
Employment, Alberta, Other Primary Industries Thousands
Employment, Alberta, Utilities Thousands
Employment, Alberta, Manufacturing Thousands
Employment, Alberta, Construction Thousands
Employment, Alberta, Wholesale and Retail Trade Thousands
Employment, Alberta, Transportation and Warehousing Thousands
Employment, Alberta, Finance, Insurance, Real Estate Thousands
Employment, Alberta, Other Commercial Services Industries Thousands
Employment, Alberta, Education & Health Industries Thousands
Employment, Alberta, Public Administration Thousands
Employment, Education, Alberta Thousands
Employment, Health & Social Services, Alberta Thousands
Employment, Alberta, Total Thousands
Unemployed, Alberta Thousands
Participation Rate, Alberta %
 
Demography ('000)
Total Population, Alberta Thousands
Net Provincial Migration, Alberta Thousands
Inter-provincial In-migration, Alberta Thousands
Inter-provincial Out-migration, Alberta Thousands
Net International Migration, Alberta Thousands
Natural Rate of Population Increase, Alberta Thousands
   
Final consumption expenditure (Millions $)  
Final consumption expenditure, Alberta Millions $
Household final consumption expenditure, Alberta Millions $
Household final consumption expenditure: Goods, Alberta Millions $
Household final consumption expenditure: Durable Goods, Alberta Millions $
Household final consumption expenditure: Semi-durable Goods, Alberta Millions $
Household final consumption expenditure: Non-durable Goods, Alberta Millions $
Household final consumption expenditure: Services, Alberta Millions $
Household final consumption expenditure: Services: Services related to dwelling and property (including rental and imputed rent), Alberta Millions $
Household final consumption expenditure: Services: Other Services, Alberta Millions $
Non-profit institutions serving households' final consumption expenditure, Alberta Millions $
General governments final consumption expenditure, Alberta Millions $
   
Gross fixed capital formation (Millions $)  
Gross fixed capital formation, Alberta Millions $
Gross fixed capital formation: Business, Alberta Millions $
Gross fixed capital formation: Business - Residential Structures, Alberta Millions $
Gross fixed capital formation: Business - Non-Residential Structures, Alberta Millions $
Gross fixed capital formation: Business - Machinery and equipment, Alberta Millions $
Gross fixed capital formation: Business - Intellectual property products, Alberta Millions $
Gross fixed capital formation, Non-profit institutions serving households, Alberta Millions $
Gross fixed capital formation, General governments, Alberta Millions $
   
Trade (Millions $)  
Investment in inventories, Alberta Millions $
Exports of Goods & Services, Alberta Millions $
Exports To Other Countries, Alberta Millions $
Exports of Goods to Other Countries, Alberta Millions $
Exports of Services to Other Countries, Alberta Millions $
Exports To Other Provinces, Alberta Millions $
Exports of Goods to Other Provinces, Alberta Millions $
Exports of Services to Other Provinces, Alberta Millions $
Net Exports, Alberta Millions $
Imports of Goods & Services, Alberta Millions $
Imports To Other Countries, Alberta Millions $
Imports of Goods to Other Countries, Alberta Millions $
Imports of Services to Other Countries, Alberta Millions $
Imports To Other Provinces, Alberta Millions $
Imports of Goods to Other Provinces, Alberta Millions $
Imports of Services to Other Provinces, Alberta Millions $
   
Final consumption expenditure (Millions, Chained $2007)  
Final consumption expenditure, Alberta Millions, Chained $ 2007
Household final consumption expenditure, Alberta Millions, Chained $ 2007
Household final consumption expenditure: Goods, Alberta Millions, Chained $ 2007
Household final consumption expenditure: Durable Goods, Alberta Millions, Chained $ 2007
Household final consumption expenditure: Semi-durable Goods, Alberta Millions, Chained $ 2007
Household final consumption expenditure: Non-durable Goods, Alberta Millions, Chained $ 2007
Household final consumption expenditure: Services, Alberta Millions, Chained $ 2007
Household final consumption expenditure: Services: Services related to dwelling and property (including rental and imputed rent), Alberta Millions, Chained $ 2007
Household final consumption expenditure: Services: Other Services, Alberta Millions, Chained $ 2007
Non-profit institutions serving households' final consumption expenditure, Alberta Millions, Chained $ 2007
General governments final consumption expenditure, Alberta Millions, Chained $ 2007
   
Gross fixed capital formation (Millions, Chained $2007)  
Gross fixed capital formation, Alberta Millions, Chained $ 2007
Business gross fixed capital formation, Alberta Millions, Chained $ 2007
Business gross fixed capital formation, Residential Structures, Alberta Millions, Chained $ 2007
Business gross fixed capital formation, Non-Residential Structures, Alberta Millions, Chained $ 2007
Business gross fixed capital formation, Machinery and equipment, Alberta Millions, Chained $ 2007
Business gross fixed capital formation, Intellectual property products, Alberta Millions, Chained $ 2007
Gross fixed capital formation, Non-profit institutions serving households, Alberta Millions, Chained $ 2007
Gross fixed capital formation, General governments, Alberta Millions, Chained $ 2007
   
Trade (Millions, Chained $ 2007)  
Investment in inventories, Alberta Millions, Chained $ 2007
Exports of Goods & Services, Alberta Millions, Chained $ 2007
Exports To Other Countries, Alberta Millions, Chained $ 2007
Exports of Goods to Other Countries, Alberta Millions, Chained $ 2007
Exports of Services to Other Countries, Alberta Millions, Chained $ 2007
Exports To Other Provinces, Alberta Millions, Chained $ 2007
Exports of Goods to Other Provinces, Alberta Millions, Chained $ 2007
Exports of Services to Other Provinces, Alberta Millions, Chained $ 2007
Net Exports, Alberta Millions, Chained $ 2007
Imports of Goods & Services, Alberta Millions, Chained $ 2007
Imports To Other Countries, Alberta Millions, Chained $ 2007
Imports of Goods to Other Countries, Alberta Millions, Chained $ 2007
Imports of Services to Other Countries, Alberta Millions, Chained $ 2007
Imports To Other Provinces, Alberta Millions, Chained $ 2007
Imports of Goods to Other Provinces, Alberta Millions, Chained $ 2007
Imports of Services to Other Provinces, Alberta Millions, Chained $ 2007
   
Average Weekly Wages & Salaries Per Employee ($, Industrial Composite)  
Average Weekly Wages & Salaries Per Employee, Alberta $, Industrial Composite
   
Gross domestic product, Income-based (Millions $)  
Gross domestic product, Income-based, Compensation of employees; Alberta Millions $
Gross domestic product, Income-based, Compensation of employees: Wages and salaries; Alberta Millions $
Gross domestic product, Income-based, Compensation of employees: Employers' social contributions; Alberta Millions $
Gross domestic product, Income-based, Gross Operating Surplus; Alberta Millions $
Gross domestic product, Income-based, Gross Operating Surplus: Net Operating Surplus - Corporations; Alberta Millions $
Gross domestic product, Income-based, Gross Operating Surplus: Consumption of fixed capital - Corporations & General governments; Alberta Millions $
Gross domestic product, Income-based, Gross mixed income; Alberta Millions $
Gross domestic product, Income-based, Gross mixed income: Net mixed income; Alberta Millions $
Gross domestic product, Income-based, Gross mixed income: Consumption of fixed capital - unincorporated businesses; Alberta Millions $
Gross domestic product, Income-based, Taxes less subsidies on production; Alberta Millions $
Gross domestic product, Income-based, Taxes less subsidies on products and imports; Alberta Millions $
   
Current accounts - Households (Millions $)  
Current accounts - Households, Compensation of employees; Alberta Millions $
Current accounts - Households: Non-farm Income; Alberta Millions $
Current accounts - Households: Farm Income; Alberta Millions $
Current accounts - Households: Rental income of households; Alberta Millions $
Current accounts - Households, Net property income; Alberta Millions $
Current accounts - Households, Current transfers received by households; Alberta Millions $
Current accounts - Households, Current transfers received by households from non profit institutions serving households, corporations and non-residents; Alberta Millions $
Current accounts - Households, Current transfers received by households from general governments, employment insurance benefits; Alberta Millions $
Current accounts - Households, Current transfers received by households from general governments, social security benefits; Alberta Millions $
Current accounts - Households, Current transfers received by households from general governments, other benefits benefits; Alberta Millions $
Current accounts - Households, Current transfers paid by households; Alberta Millions $
Current accounts - Households, Current transfers paid by households to non profit institutions serving households; Alberta Millions $
Current accounts - Households, Current transfers paid by households to corporations; Alberta Millions $
Current accounts - Households, Current transfers paid by households to non-residents; Alberta Millions $
Current accounts - Households, Current transfers paid by households to general governments ; Alberta Millions $
Current accounts - Households, Current transfers paid by households to general governments - personal income taxes; Alberta Millions $
Current accounts - Households, Current transfers paid by households to general governments - other current transfers; Alberta Millions $
Current accounts - Households, Current transfers paid by households - others (to non-profit institutions serving households, corporations and non-residents); Alberta Millions $
Current accounts - Households, Household net savings; Alberta Millions $
Current accounts - Households, Household Savings rate; Alberta %
   
Housing (Number of units)  
Housing Starts, Singles, Alberta Number of units
Housing Starts, Multiples, Alberta Number of units
Housing Completions, Singles, Alberta Number of units
Housing Completions, Multiples, Alberta Number of units
   
Real Domestic Product, Alberta (Millions $ 2007)  
Real Domestic Product: Metal Ore Mining, Alberta Millions $ 2007
Real Domestic Product: Non-metallic mineral mining and quarrying , Alberta Millions $ 2007
Real Domestic Product: Oil and gas extraction & Coal mining , Alberta Millions $ 2007
Real Domestic Product: Support activities for mining and oil and gas extraction , Alberta Millions $ 2007
Real Domestic Product: Wholesale Trade, Alberta Millions $ 2007
Real Domestic Product: Retail Trade, Alberta Millions $ 2007
Real Domestic Product: Imputed Rent, Alberta Millions $ 2007
Real Domestic Product: Other Finance and Insurance, Real Estate and Renting and Leasing and Management of Companies and Enterprises, Alberta Millions $ 2007
Real Domestic Product: Professional, scientific, technical services, administrative and support, waste management and remediation services , Alberta Millions $ 2007
Real Domestic Product: Professional, scientific & technical services , Alberta Millions $ 2007
Real Domestic Product: Administrative and support, waste management and remediation services , Alberta Millions $ 2007
Real Domestic Product: Accommodation and food services, Alberta Millions $ 2007
Real Domestic Product: Arts, entertainment and recreation, Alberta Millions $ 2007
Real Domestic Product: Other services (except public administration), Alberta Millions $ 2007
Real Domestic Product: Educational Services , Alberta Millions $ 2007
Real Domestic Product: Healthcare and social assistance , Alberta Millions $ 2007
   
Implicit Price Indexes, Consumption Expenditures, Gross Fixed Capital Formation, Exports, Imports, Gross Domestic and Final Domestic Demand, Alberta (2007=1.00)  
Implicit Price Deflator, Final consumption expenditure, Alberta Index, 2007=1.00
Implicit Price Deflator, Household final consumption expenditure, Alberta Index, 2007=1.00
Implicit Price Deflator, Household final consumption expenditure: Goods, Alberta Index, 2007=1.00
Implicit Price Deflator, Household final consumption expenditure: Durable Goods, Alberta Index, 2007=1.00
Implicit Price Deflator, Household final consumption expenditure: Semi-durable Goods, Alberta Index, 2007=1.00
Implicit Price Deflator, Household final consumption expenditure: Non-durable Goods, Alberta Index, 2007=1.00
Implicit Price Deflator, Household final consumption expenditure: Services, Alberta Index, 2007=1.00
Implicit Price Deflator, Household final consumption expenditure: Services: Rent, Alberta Index, 2007=1.00
Implicit Price Deflator, Household final consumption expenditure: Services: Other Services, Alberta Index, 2007=1.00
Implicit Price Deflator, Non-profit institutions serving households' final consumption expenditure, Alberta Index, 2007=1.00
Implicit Price Deflator, General governments final consumption expenditure, Alberta Index, 2007=1.00
Implicit Price Deflator, Gross fixed capital formation, Alberta Index, 2007=1.00
Implicit Price Deflator, Business gross fixed capital formation, Alberta Index, 2007=1.00
Implicit Price Deflator, Business gross fixed capital formation, Residential Structures, Alberta Index, 2007=1.00
Implicit Price Deflator, Business gross fixed capital formation, Non-Residential Structures, Alberta Index, 2007=1.00
Implicit Price Deflator, Business gross fixed capital formation, Machinery and equipment, Alberta Index, 2007=1.00
Implicit Price Deflator, Business gross fixed capital formation, Intellectual property products, Alberta Index, 2007=1.00
Implicit Price Deflator, Gross fixed capital formation, Non-profit institutions serving households, Alberta Index, 2007=1.00
Implicit Price Deflator, Gross fixed capital formation, General governments, Alberta Index, 2007=1.00
Implicit Price Deflator, Exports of Goods & Services, Alberta Index, 2007=1.00
Implicit Price Deflator, Exports To Other Countries, Alberta Index, 2007=1.00
Implicit Price Deflator, Exports of Goods to Other Countries, Alberta Index, 2007=1.00
Implicit Price Deflator, Exports of Services to Other Countries, Alberta Index, 2007=1.00
Implicit Price Deflator, Exports To Other Provinces, Alberta Index, 2007=1.00
Implicit Price Deflator, Exports of Goods to Other Provinces, Alberta Index, 2007=1.00
Implicit Price Deflator, Exports of Services to Other Provinces, Alberta Index, 2007=1.00
Implicit Price Deflator, Imports of Goods & Services, Alberta Index, 2007=1.00
Implicit Price Deflator, Imports To Other Countries, Alberta Index, 2007=1.00
Implicit Price Deflator, Imports of Goods to Other Countries, Alberta Index, 2007=1.00
Implicit Price Deflator, Imports of Services to Other Countries, Alberta Index, 2007=1.00
Implicit Price Deflator, Imports To Other Provinces, Alberta Index, 2007=1.00
Implicit Price Deflator, Imports of Goods to Other Provinces, Alberta Index, 2007=1.00
Implicit Price Deflator, Imports of Services to Other Provinces, Alberta Index, 2007=1.00
Implicit Price Deflator, Final Domestic Demand, Alberta Index, 2007=1.00
Implicit Price Deflator, Final consumption expenditure, Alberta Index, 2007=1.00
   
Nominal Domestic Product: Business Non-Residential Investment Spending (Millions $)  
Nominal Domestic Product: Business Non-Residential Investment Spending: Non-Energy , Alberta Millions $
Nominal Domestic Product: Business Non-Residential Investment Spending: Energy , Alberta Millions $

Forecasts and research often involve numerous assumptions and data sources, and are subject to inherent risks and uncertainties. This information is not intended as specific investment, accounting, legal, or tax advice.

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Provincial Forecast Model

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Economics Team

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