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Manitoba 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 Manitoba, 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 Manitoba. The indicators are updated four times a year.

What Data Do We Forecast?

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