Economy, jobs and prices in Alberta, Canada: official figures
The economy of Alberta (gross domestic product at market prices) was worth $473.9 billion in 2024, 15.2% of Canada's $3.11 trillion; 3rd largest of 13 provinces and territories. In current prices it was up 5.1% on 2023.
How fast is the economy of Alberta growing?
After adjusting for inflation (chained 2017 dollars), real GDP in Alberta grew 3.0% in 2024, against 2.0% for Canada; 4th fastest-growing of 13 provinces and territories. Over the ten years since 2014 it changed by +7.5%.
Source: Statistics Canada · saved copyDid the economy of Alberta grow in 2025?
Real GDP at basic prices in Alberta, from the industry accounts, grew 2.7% in 2025; 3rd fastest-growing of 13 provinces and territories.
Source: Statistics Canada · saved copyWhat is the GDP per capita of Alberta?
Dividing 2024 GDP by the population on 1 July 2024 (4,901,795) gives $96,686 of output per resident, against $75,519 for Canada; 3rd highest of 13 provinces and territories.
Source: Statistics Canada · saved copyHow much do households in Alberta spend?
Household spending in Alberta came to $42,136 per resident in 2024 (Canada: $40,837); 4th highest of 13 provinces and territories. Final consumption spending by governments was equal to 16.0% of GDP (the lowest share of 13 provinces and territories; Canada: 21.4%).
Source: Statistics Canada · saved copyHow much does Alberta export?
Exports of goods and services to other countries from Alberta were worth $199.5 billion in 2024, equal to 42.1% of its GDP; the highest share of 13 provinces and territories. Exports to other provinces and territories came to $94.8 billion.
Source: Statistics Canada · saved copyWhat are the main industries in Alberta?
In 2022, the largest industry in Alberta's economy was mining, quarrying, and oil and gas extraction (31.5% of GDP at basic prices), followed by real estate and rental and leasing (9.3%) and manufacturing (7.4%). The public sector as a whole accounted for 12.7%.
Source: Statistics Canada · saved copyHow important are mining, oil and manufacturing in Alberta?
Mining, quarrying, and oil and gas extraction made up 31.5% of GDP in Alberta in 2022 (3rd highest of 13 provinces and territories), and manufacturing 7.4% (6th highest of 13 provinces and territories).
Source: Statistics Canada · saved copyWhat is the unemployment rate in Alberta?
The unemployment rate in Alberta was 6.4% in September 2026 (seasonally adjusted), down 1.3 percentage points from 7.7% a year earlier and against 7.4% in September 2024; tied for 5th highest of 10 provinces. The Canadian rate was 6.5%.
Source: Statistics Canada · saved copyHow many people are employed in Alberta?
In September 2026, 2,684,200 people in Alberta were employed and 184,200 unemployed, out of a labour force of 2,868,300. Employment was up 2.9% on a year earlier (3rd fastest growth of 10 provinces; Canada: up 0.5%).
Source: Statistics Canada · saved copyWhat is the average weekly wage in Alberta?
Employees in Alberta earned an average of $1,399.61 a week including overtime in July 2026 (seasonally adjusted, preliminary), up 2.5% on a year earlier; 4th highest of 13 provinces and territories. The Canadian average was $1,347.14 (up 3.2%).
Source: Statistics Canada · saved copyHow many payroll jobs are there in Alberta?
Employers in Alberta had 2,190,280 employees on their payrolls in July 2026, up 2.1% on a year earlier; 5th fastest growth of 13 provinces and territories (Canada: up 1.1%).
Source: Statistics Canada · saved copyWhat is the median household income in Alberta?
The median total income of economic families and people living alone or with non-relatives in Alberta was $96,600 in 2024, against $86,000 for Canada; 4th highest of 13 provinces and territories. In constant 2024 dollars it was down 1.8% on 2023.
Source: Statistics Canada · saved copyWhat is the median after-tax income in Alberta?
After income tax, the median income of families and unattached individuals in Alberta was $85,300 in 2024 (Canada: $75,500); 4th highest of 13 provinces and territories.
Source: Statistics Canada · saved copyWhat is the median family income in Alberta?
Economic families of two or more people in Alberta had a median total income of $132,700 in 2024 (Canada: $125,600); 4th highest of 13 provinces and territories.
Source: Statistics Canada · saved copyWhat is the average income in Alberta?
Average total income of families and unattached individuals in Alberta was $125,800 in 2024, 30.2% above the median (Canada: average $115,000, 33.7% above the median).
Source: Statistics Canada · saved copyWhat is the inflation rate in Alberta?
Consumer prices in Alberta were up 3.6% in the 12 months to September 2026, against 3.1% for Canada and 1.9% in the 12 months to September 2025; 6th lowest of 13 provinces and territories.
Source: Statistics Canada · saved copyHow much have prices risen in Alberta?
Averaged over 2025, the Consumer Price Index for Alberta rose 2.0% (Canada: 2.1%); 6th lowest of 13 provinces and territories. Between 2015 and 2025 prices rose 28.8% in total (Canada: 29.7%).
Source: Statistics Canada · saved copyHow fast are food and housing costs rising in Alberta?
In the 12 months to September 2026, food prices in Alberta were up 2.3% (Canada: up 2.2%) and shelter costs, which include rent, mortgage interest and utilities, were up 0.8% (Canada: up 1.8%); shelter inflation was 2nd lowest of 12 provinces and territories.
Source: Statistics Canada · saved copyAre transportation costs rising in Alberta?
Transportation prices, including vehicles, fuel and public transit, were up 11.3% in Alberta in the 12 months to September 2026 (Canada: up 8.4%).
Source: Statistics Canada · saved copyHow much did housing costs rise in Alberta in 2025?
Averaged over 2025, shelter costs in Alberta rose 2.6% (Canada: 3.0%).
Source: Statistics Canada · saved copyHow Alberta compares with other provinces
Gross domestic product, 2024 (current prices) (2024)
Alberta ranks 3 of 13, highest first.
| Rank | Region | Gross domestic product, 2024 (current prices) |
|---|---|---|
| 1 | Ontario | $1.20 trillion |
| 2 | Quebec | $616.8 billion |
| 3 | Alberta | $473.9 billion |
| 4 | British Columbia | $429.1 billion |
| 5 | Saskatchewan | $112.8 billion |
| 6 | Manitoba | $96.1 billion |
| 7 | Nova Scotia | $65.3 billion |
GDP per resident, 2024 (GDP / population on 1 July) (2024)
Alberta ranks 3 of 13, highest first.
| Rank | Region | GDP per resident, 2024 (GDP / population on 1 July) |
|---|---|---|
| 1 | Nunavut | $136,763 |
| 2 | Northwest Territories | $113,155 |
| 3 | Alberta | $96,686 |
| 4 | Yukon | $91,207 |
| 5 | Saskatchewan | $90,619 |
| 6 | Newfoundland and Labrador | $77,455 |
| 7 | British Columbia | $75,821 |
Real GDP growth, 2024 (chained 2017 dollars) (2024)
Alberta ranks 4 of 13, highest first.
| Rank | Region | Real GDP growth, 2024 (chained 2017 dollars) |
|---|---|---|
| 1 | Nunavut | 6.9% |
| 2 | Prince Edward Island | 3.8% |
| 3 | Nova Scotia | 3.1% |
| 4 | Alberta | 3.0% |
| 5 | Saskatchewan | 3.0% |
| 6 | New Brunswick | 2.7% |
| 7 | Newfoundland and Labrador | 2.7% |
Real GDP growth at basic prices, 2025 (2025)
Alberta ranks 3 of 13, highest first.
| Rank | Region | Real GDP growth at basic prices, 2025 |
|---|---|---|
| 1 | Newfoundland and Labrador | 3.5% |
| 2 | Prince Edward Island | 2.8% |
| 3 | Alberta | 2.7% |
| 4 | Nova Scotia | 2.3% |
| 5 | Saskatchewan | 2.2% |
| 6 | British Columbia | 2.0% |
| 7 | New Brunswick | 2.0% |
Unemployment rate, September 2026 (seasonally adjusted) (September 2026)
Alberta ranks 6 of 10, highest first. Provinces only: territorial estimates are three-month moving averages from a separate survey design.
| Rank | Region | Unemployment rate, September 2026 (seasonally adjusted) |
|---|---|---|
| 3 | Prince Edward Island | 7.3% |
| 4 | Ontario | 7.0% |
| 5 | British Columbia | 6.4% |
| 6 | Alberta | 6.4% |
| 7 | Nova Scotia | 6.3% |
| 8 | Quebec | 6.0% |
| 9 | Saskatchewan | 5.4% |
Labour force participation rate, September 2026 (September 2026)
Alberta ranks 1 of 10, highest first. Provinces only.
| Rank | Region | Labour force participation rate, September 2026 |
|---|---|---|
| 1 | Alberta | 68.9% |
| 2 | Prince Edward Island | 66.6% |
| 3 | Saskatchewan | 66.5% |
| 4 | Manitoba | 66.4% |
| 5 | Ontario | 64.6% |
| 6 | British Columbia | 64.6% |
| 7 | Quebec | 63.7% |
Average weekly earnings, July 2026 (all employees, seasonally adjusted) (July 2026)
Alberta ranks 4 of 13, highest first.
| Rank | Region | Average weekly earnings, July 2026 (all employees, seasonally adjusted) |
|---|---|---|
| 1 | Nunavut | $1,844.70 |
| 2 | Northwest Territories | $1,821.38 |
| 3 | Yukon | $1,504.26 |
| 4 | Alberta | $1,399.61 |
| 5 | Ontario | $1,391.19 |
| 6 | British Columbia | $1,356.78 |
| 7 | Saskatchewan | $1,325.24 |
Change in payroll employment, 12 months to July 2026 (July 2026)
Alberta ranks 5 of 13, highest first.
| Rank | Region | Change in payroll employment, 12 months to July 2026 |
|---|---|---|
| 2 | Yukon | 5.1% |
| 3 | Saskatchewan | 3.2% |
| 4 | New Brunswick | 2.7% |
| 5 | Alberta | 2.1% |
| 6 | Manitoba | 2.1% |
| 7 | Newfoundland and Labrador | 1.1% |
| 8 | British Columbia | 1.1% |
Median total income, economic families and persons not in an economic family, 2024 (2024)
Alberta ranks 4 of 13, highest first. In 2024 constant dollars.
| Rank | Region | Median total income, economic families and persons not in an economic family, 2024 |
|---|---|---|
| 1 | Northwest Territories | $133,300 |
| 2 | Nunavut | $126,600 |
| 3 | Yukon | $100,200 |
| 4 | Alberta | $96,600 |
| 5 | Ontario | $90,200 |
| 6 | British Columbia | $85,700 |
| 7 | Saskatchewan | $85,600 |
Median after-tax income, economic families and persons not in an economic family, 2024 (2024)
Alberta ranks 4 of 13, highest first. In 2024 constant dollars.
| Rank | Region | Median after-tax income, economic families and persons not in an economic family, 2024 |
|---|---|---|
| 1 | Northwest Territories | $116,100 |
| 2 | Nunavut | $109,600 |
| 3 | Yukon | $89,300 |
| 4 | Alberta | $85,300 |
| 5 | Ontario | $79,500 |
| 6 | British Columbia | $75,800 |
| 7 | Saskatchewan | $75,500 |
Median total income of economic families (two or more people), 2024 (2024)
Alberta ranks 4 of 13, highest first. In 2024 constant dollars.
| Rank | Region | Median total income of economic families (two or more people), 2024 |
|---|---|---|
| 1 | Northwest Territories | $198,500 |
| 2 | Nunavut | $150,400 |
| 3 | Yukon | $143,900 |
| 4 | Alberta | $132,700 |
| 5 | Ontario | $130,700 |
| 6 | British Columbia | $128,400 |
| 7 | Quebec | $120,800 |
Consumer price inflation, 12 months to September 2026 (September 2026)
Alberta ranks 8 of 13, highest first. Territories: the capital city index (Whitehorse, Yellowknife, Iqaluit).
| Rank | Region | Consumer price inflation, 12 months to September 2026 |
|---|---|---|
| 5 | Newfoundland and Labrador | 4.7% |
| 6 | Northwest Territories | 4.7% |
| 7 | Manitoba | 4.4% |
| 8 | Alberta | 3.6% |
| 9 | Saskatchewan | 3.3% |
| 10 | Quebec | 3.1% |
| 11 | Nunavut | 3.0% |
Consumer price inflation, 2025 annual average (2025)
Alberta ranks 8 of 13, highest first. Territories: the capital city index (Whitehorse, Yellowknife, Iqaluit).
| Rank | Region | Consumer price inflation, 2025 annual average |
|---|---|---|
| 5 | British Columbia | 2.1% |
| 6 | Saskatchewan | 2.1% |
| 7 | Nova Scotia | 2.1% |
| 8 | Alberta | 2.0% |
| 9 | Ontario | 1.9% |
| 10 | New Brunswick | 1.7% |
| 11 | Newfoundland and Labrador | 1.4% |
Shelter price inflation, 12 months to September 2026 (September 2026)
Alberta ranks 11 of 12, highest first. Territories: the capital city index (Whitehorse, Yellowknife, Iqaluit).
| Rank | Region | Shelter price inflation, 12 months to September 2026 |
|---|---|---|
| 6 | Manitoba | 4.6% |
| 7 | Newfoundland and Labrador | 4.5% |
| 8 | Quebec | 3.2% |
| 9 | Saskatchewan | 2.4% |
| 10 | British Columbia | 2.1% |
| 11 | Alberta | 0.8% |
| 12 | Ontario | 0.3% |
More on Alberta: overview · health · education and schools · poverty and living standards · government budget · Canada
Sources
- Statistics Canada: Table 11-10-0190-01: Market income, government transfers, total income, income tax and after-tax income by economic family type (Canadian Income Survey; Web Data Service extract), read 23 October 2026 · saved copy (SHA-256 d77937164295…)
- Statistics Canada: Table 18-10-0004-01: Consumer Price Index, monthly, not seasonally adjusted (Web Data Service extract: all-items, food, shelter, transportation), read 23 October 2026 · saved copy (SHA-256 a99a4ffcbbea…)
- Statistics Canada: Table 18-10-0005-01: Consumer Price Index, annual average, not seasonally adjusted (Web Data Service extract), read 23 October 2026 · saved copy (SHA-256 5e17cf9acf05…)
- Statistics Canada: Table 36-10-0222-01: Gross domestic product, expenditure-based, provincial and territorial, annual (x 1,000,000), read 23 October 2026 · saved copy (SHA-256 438e0832790b…)
- Statistics Canada: Table 36-10-0711-01: Gross domestic product (GDP) at basic prices, by industry, provinces and territories (Web Data Service extract: all industries and sectors), read 23 October 2026 · saved copy (SHA-256 c16d19ffb999…)
- Statistics Canada: Table 14-10-0287-01: Labour force characteristics, monthly, seasonally adjusted (Web Data Service extract: provinces, 15 years and over), read 23 October 2026 · saved copy (SHA-256 4f433c7e7221…)
- Statistics Canada: Table 14-10-0223-01: Employment and average weekly earnings (including overtime) for all employees by province and territory, monthly, seasonally adjusted (Web Data Service extract: industrial aggregate excluding unclassified businesses), read 23 October 2026 · saved copy (SHA-256 fd47541913f5…)
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