National Gross Domestic Product (GDP) by Income and by Expenditure Accounts

Terms of trade of economy, index

Terms of trade refers to the ratio of the price of exports to the price of imports.

Economy refers to the entire set of resident institutional units. It is divided into sectors that consists of groups of resident institutional units. An institutional unit is resident in a country when it has a centre of economic interest in the economic territory of that country. It is said to have a centre of economic interest when there exists some location - dwelling, place of production or other premises - within the economic territory on, or from, which it engages, and intends to continue to engage, in economic activities and transactions on a significant scale either indefinitely or over a finite period of time.

The data for this variable are reported using the following measurements:

• Index using the value of a base year made equal to 100
  Data tables

  • Gross national income and gross domestic income Table: 380-0101
  • Gross national income and gross domestic income Table: 380-0065
  • Natural resources, the terms of trade, and real income growth in Canada and the long-run version of the Bank of Canada Commodity Price Index Table: 383-0027