employed fewer than five employees, and 60% were self-employed individuals with no paid help. Enter your email address if you would like a reply: The information on this form is collected under the authority of Sections 26(c) and 27(1)(c) of the Freedom of Information and Protection of Privacy Act to help us assess and respond to your enquiry. The retail sector is a huge employer with more than 12% of Canadians working in this part of the service industry. In, StatCan. Government's extensive collection of datasets, applications and web services. Prince George is the supply and service centre for nearly 320,000 people and for more than $428 billion worth of projects planned or underway in northern BC over the next decade. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Canada - population projection by province 2020-2043, Number of deaths in British Columbia, Canada 2001-2020, Population of British Columbia by age and sex 2020, GDP of British Columbia, Canada 2000-2019. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook You’ll also find other sources and a guide to making labour market information work for you. In a poll conducted by Ipsos Public Affairs commissioned by the Business Council of British Columbia immediately following the provincial election, British Columbians had clear concerns related to economic recovery and equally clear ideas on how we can move forward. has declared a state of emergency. Our response to COVID-19 | Province-wide restrictions. *Don't provide personal information . News Release: Stronger Tomorrow, Starting Today Post-Election Survey Results - Priorities for Economic Recovery. Please do not hesitate to contact me. ", StatCan, Distribution of gross domestic product of British Columbia, Canada in 2019, by industry Statista, https://www.statista.com/statistics/608359/gdp-distribution-of-british-columbia-canada-by-industry/ (last visited December 15, 2020), Distribution of gross domestic product of British Columbia, Canada in 2019, by industry, Population estimates for British Columbia, Canada 2000-2020, Population of British Columbia, by educational attainment 2019, Number of births in British Columbia, Canada 2001-2020, Net interprovincial migrants British Columbia 2001-2020, Number of recent immigrants in British Columbia 2001-2020, GDP of British Columbia, Canada by industry 2019, GDP distribution of British Columbia, Canada by industry 2019, Average annual household expenditures in British Columbia, Canada 2017, Canadian business counts without employees, by province or territory 2019, British Columbia business counts with employees, by NAICS category 2019, Canada: labor productivity British Columbia 2000-2019, Number of employed people in British Columbia, Canada by industry 2019, Employment in British Columbia, by level of employment 2000-2019, Unemployment rate British Columbia, Canada 2000-2019, Number of jobs in British Columbia, by NAICS category 2019, Median total family income British Columbia 2000-2018, Median employment income of tax filers in British Columbia 2000-2018, Weekly earnings of employees British Columbia 2001-2019, Labor participation rate British Columbia 2000-2018, Provincial government revenue and expenditure of British Columbia 2007-2019, Assets and liabilities British Columbia provincial government 2007-2019, Revenues of the British Columbia provincial government, by source 2019, Expenses of the British Columbia provincial government, by source 2019, Assets of the British Columbia government, by type 2019, Liabilities of the British Columbia government, by type 2019, Distribution of tenants in Jababeka Industrial Estate Indonesia 2017 by sector, Global hourly server downtime cost 2017, by vertical industry, Average number of employees in the Faroe Islands 2017, by industry, Share of women in selected industries in Sweden 2016, by position, Annual salary of private enterprise employees in urban China 2018, by industry, Mainland China investment in Taiwan 2019, by sector, Most reputable industries in the United Kingdom (UK) 2016, Number of businesses operating the secondary sector in Japan 2016, by industry, Deals breakdown for 'City' law firms in the United Kingdom 2018, by industry, Distribution of Chinese business travel corporate customers 2015 by industry, Volume of food waste produced in Denmark 2016, by sector, Most reputable industries in Switzerland 2019, Most reputable industries in Ireland 2020, Electric and gas program budgets in British Columbia 2010, Unicorn companies by business sector in Europe 2016, British Columbia biomass, solar and geothermal power generation, Distribution of foreign direct investment stock in Australia 2019 by industry, Percentage of households that compost in British Columbia by type 2011, Take out food businesses in New Zealand 2013-2017, Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre, Professional, scientific and technical services, Mining, quarrying, and oil and gas extraction, Administrative and support, waste management and remediation services, Other services (except public administration), Agriculture, forestry, fishing and hunting. So here’s the high-tech sector, as measured by BC’s statistical agency, BC Stats (source here) and tourism, as defined by the BC Crown corporation Destination BC (source here): As you can see, both high tech and tourism are big, important parts of the BC economy, responsible for billions of dollars of economic activity. Overall, BC’s economic contraction will be less pronounced than some of the other provinces, which depend heavily on the oil sector. Economic Accounts & Gross Domestic Product. Please log in to access our additional functions, *Duration: 12 months, billed annually, single license, The ideal entry-level account for individual users. Explore the B.C. Then you can access your favorite statistics via the star in the header. Mineral resources have formed a basis of British Columbia’s economy since the arrival of Europeans. ON. An infusion of capital into mining, mineral processing, and mineral exploration led to renewed expansion of the sector in the early 21st century. Chart. BC. Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Profit from additional features with an Employee Account. Questions? QC. B.C. Contact us through Service BC. Growth is expected to slow to 2.1 percent in 2018 and 2019, but still leading most other provinces. From small scale family farms supplying the vibrant farmer’s markets to industry leading co-ops like BC Tree Fruits and corporations like Sun-Rype Products, the agricultural industry is diverse and technologically advanced. Please authenticate by going to "My account" → "Administration". British Columbia’s economy. Are you interested in testing our corporate solutions? With leading market share in the United States, China, Japan and South Korea, British Columbia, Canada is one of the world’s largest exporters of wood products including wood, … British Columbia. COVID-19 has had a profound and devastating impact on the tourism sector and has altered British Columbia’s visitor economy. 1. British Columbia’s film and television industry continues to be a major contributor to the province's economy, but overall Canadian-based content may be suffering. Please contact us to get started with full access to dossiers, forecasts, studies and international data. Accessed December 15, 2020. https://www.statista.com/statistics/608359/gdp-distribution-of-british-columbia-canada-by-industry/, StatCan. The B.C. There has been a significant growth in this sector of the economy over the past few years primarily because of increa… Explore the B.C. bc’s forest industry: cornerstone of our economy 140,000 jobs in B.C., with significant economic impact in every region of the province 1 in 5 local jobs in three regions alone: Cariboo, Northeast and North Coast & … economy is primarily driven by the goods and services sold to markets outside the province. Learn more about how Statista can support your business. Check out recent data summaries and highlights. BC Construction Monitor: The BC Economy – It Starts With What Gets Built Every morning, nearly 250,000 British Columbians get up and head to work in the construction industry, and their work accounts for nearly a tenth of the entire B.C. The tourism industry contributed $8.3 billion of value added to the BC economy, as measured through GDP (in 2012 constant dollars). including gross domestic product, consumer price index, housing starts and more. This represents 3.0% growth over 2017 and 42.1% growth since 2008. PEI. This feature is limited to our corporate solutions. Our 50 th annual BC mining report looks at some of the opportunities and challenges for the mining sector—a key contributor to the BC economy and Canada’s GDP.. Over the last 50 years, the industry has been through many commodity cycles. A 2020 Economic Impact Study of the BC dairy industry found that the industry continues to strengthen BC’s economy and support BC communities. Register in seconds and access exclusive features. New, Figures and insights about the advertising and media world, Industry Outlook June 1, 2020. Questions about the collection of information can be directed to the Manager of Corporate Web, Government Digital Experience Division. BC has diverse strengths in natural resources, manufacturing, and service industries, making it resilient to economic downturns. Insurance Corp. of British Columbia. Penner said the cruise ship industry contributed over $4.1 billion to the Canadian economy in 2018 and led to 29,000 jobs. GDP for the provincial economy as a whole grew 2.7% over 2017. Oil, gas and support services make up just 3% of our GDP, compared to 15% for manufacturing and construction and over 23% for financial and real estate services. Throughout the pandemic, the ministry consulted extensively with business owners, sector associations and marketing organizations to hear their priorities for recovery and ideas to help British Columbia remain a globally competitive destination. Profit from additional features by authenticating your Admin account. And these changes directly affect the number and type of jobs available. The manufacturing industry in BC has the biggest economic footprint supporting 12,000 firms and 400,000 jobs. Comments will be sent to 'servicebc@gov.bc.ca'. Learn all about the economy of B.C., including vital labour market outlooks, monthly employment trends and information on the province’s green economy. Forecast Table. Source: The 2012 British Columbia Economic Accounts, BC Stats. NL. Authored by Jock Finlayson and Ken Peacock, Business Council of British Columbia August 01, 2012 - Other Opportunity BC 2020: BC's Forest Industry, Moving from a Volume Focus to a Value Perspective Links to statistics for major industries in B.C. [ Annual … Ranking second in this industry is the business services sector which includes real estate, financial services, and communications. The B.C. Provincial Outlook. The economic impact on B.C. Trucking’s Contribution to GDP in BC Trucking plays an important role in the provincial economy, both as a business in its own right and as a business that serves others. B.C.’s economy is constantly evolving. (billed annually). Gross Domestic Product by Industry, 2nd Quarter 2020 and Annual Update Real gross domestic product (GDP) decreased at an annual rate of 31.4 percent in the second quarter of 2020, according to the “third” estimate released by the Bureau of Economic Analysis. EXECUTIVE SUMMARY The BC forest industry is a key contributor to the BC economy, and is important to the social fabric and economic well-being of many communities throughout the province. Revenue by fiscal year ($000) 2018: 5,442,000 2017: 5,020,000 2. Coal and gold mining provided much of the impetus for the region’s growth in the 18th century. Directly accessible data for 170 industries from 50 countries and over 1 Mio. Employment, business and economic development, Birth, adoption, death, marriage and divorce, Birth, adoption, death and marriage reports, Environmental protection and sustainability, Emergency Preparedness, Response & Recovery, B.C. When secondary energy services are added into the equation, the total contribution to GDP is still only 11%. Further, 83% of businesses in B.C. LEARN MORE + Meanwhile, weakness in global demand and low commodity prices have taken a toll on BC’s crucial export industry. B.C. MB. NS. BC had the second-fastest growing provincial economy in 2017 (+3.7%), sustained by strong real estate, finance, and media sectors in Vancouver. But BC is more dependent on tourism. Input-Output (I-O) Model is used to generate regional economic dependency figures, as well as employment and revenue multipliers. Then you will be able to mark statistics as favourites and use personal statistics alerts. The CPI measures changes in the price level of consumer goods and services purchased by households, providing a measure of inflation. Our province is: attracting major project investment throughout the province How is B.C.’s economy changing? SK. in 2017; of these, 98% were small businesses with fewer than 50 employees. Statista. "Distribution of Gross Domestic Product of British Columbia, Canada in 2019, by Industry. You only have access to basic statistics. The tourism industry is vital to Vancouver. The report provides a deep dive into current economic trends, the macro economic environment, population growth and employment. economy. Economic spinoffs generate $3.01 in new economic activity for every $1 in manufacturing. Update, Insights into the world's most important technology markets, Advertising & Media Outlook Economic Accounts & Gross Domestic Product, Read more about BCEA and GDP, and view the related data, Find more information about the Input-Output Model, View data on incorporations and bankruptcies, Find manufacturing sales (shipments) data by industry and manufacturing principal statistics, View data for building permits by type and statistics for housing starts and sales, View more economic statistics including household spending. Alberta Economic Forecasts. There were a total of 501,300 businesses in B.C. The premium quality and extended growing season mean Okanagan products, particularly cherries, are in demand in markets worldwide. Hello, I am your COVID-19 digital assistant. Our 50 th annual BC mining report. GDP distribution of British Columbia, Canada by industry 2019 Average annual household expenditures in British Columbia, Canada 2017 CPI in British Columbia 2000-2019 Published by Erin Duffin, Jun 3, 2020 This statistic shows the distribution of the gross domestic product (GDP) of British Columbia, Canada in 2019, by industry. New, Everything you need to know about the industry development, Find studies from all around the internet. HSBC Canada. Economic Accounts (BCEA) and Gross Domestic Product (GDP) provide statistics that can be used to explain the state of the economy including size, value and relative growth of industries over time. Distribution of gross domestic product of British Columbia, Canada in 2019, by industry [Graph]. The industry provides employment and StatCan. Alberta. Government's extensive collection of datasets, applications and web services. Please don’t enter any personal information. Find a variety of statistics related to the economic strength of B.C. The local film and television production industry is one of the few sectors of the BC economy that is in full swing, and it has been able to weather the effects of the pandemic better than many other global film hubs. NB. Financial Services. Click or tap to ask a general question about COVID-19. $39 per month* Corporate solution including all features. The service industry in Canada is diverse and accounts for close to 70% of the GDP. It represents $8.6 billion in wages. Economic Accounts (BCEA) and Gross Domestic Product (GDP) provide statistics that can be used to explain the state of the economy including size, value and relative growth of industries over time. facts. (June 1, 2020). In this framework, businesses are struggling. Please create an employee account to be able to mark statistics as favorites. Agriculture is an integral part of the economy and history of the region. Quarterly forecasts of the economic prospects for each provincial economy including forecast detail tables and key provincial comparisons. Growers and consumers worldwide benefit from Agriculture and Agri-Food Canada’… As Peacock explains, the B.C. In a recent BC Chamber of Commerce survey, nearly half of the respondents had laid off staff, reduced hours, and/or closed temporarily. Tourism Vancouver is currently the official destination marketing organization and as such is the official resource for visitors to Greater Vancouver.Vancouver is a major tourist destination, as over 10.3 million people visited Vancouver in 2017. "Distribution of gross domestic product of British Columbia, Canada in 2019, by industry." BC FOREST INDUSTRY: ECONOMIC IMPACT STUDY MNP LLP 3 1. The B.C. from the COVID-19 virus We’re getting a better idea of how big the economic impact of the COVID-19 could be.