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Economy, jobs and prices in Saskatchewan, Canada: official figures

The economy of Saskatchewan (gross domestic product at market prices) was worth $112.8 billion in 2024, 3.6% of Canada's $3.11 trillion; 5th largest of 13 provinces and territories. In current prices it was unchanged on 2023.

GDP (current prices)
$112.8 billion
2024
GDP per resident
$90,619
2024
Unemployment rate (seasonally adjusted)
5.4%
September 2026
Average weekly earnings
$1,325.24
July 2026
Median total income (families and unattached individuals)
$85,600
2024
Consumer price inflation (12 months)
3.3%
September 2026

How fast is the economy of Saskatchewan growing?

After adjusting for inflation (chained 2017 dollars), real GDP in Saskatchewan grew 3.0% in 2024, against 2.0% for Canada; 5th fastest-growing of 13 provinces and territories. Over the ten years since 2014 it changed by +12.1%.

Source: Statistics Canada · saved copy

Did the economy of Saskatchewan grow in 2025?

Real GDP at basic prices in Saskatchewan, from the industry accounts, grew 2.2% in 2025; 5th fastest-growing of 13 provinces and territories.

Source: Statistics Canada · saved copy

What is the GDP per capita of Saskatchewan?

Dividing 2024 GDP by the population on 1 July 2024 (1,245,196) gives $90,619 of output per resident, against $75,519 for Canada; 5th highest of 13 provinces and territories.

Source: Statistics Canada · saved copy

How much do households in Saskatchewan spend?

Household spending in Saskatchewan came to $39,729 per resident in 2024 (Canada: $40,837); 6th lowest of 13 provinces and territories. Final consumption spending by governments was equal to 19.8% of GDP (2nd lowest share of 13 provinces and territories; Canada: 21.4%).

Source: Statistics Canada · saved copy

How much does Saskatchewan export?

Exports of goods and services to other countries from Saskatchewan were worth $44.9 billion in 2024, equal to 39.8% of its GDP; 4th highest share of 13 provinces and territories. Exports to other provinces and territories came to $25.8 billion.

Source: Statistics Canada · saved copy

What are the main industries in Saskatchewan?

In 2022, the largest industry in Saskatchewan's economy was mining, quarrying, and oil and gas extraction (29.4% of GDP at basic prices), followed by agriculture, forestry, fishing and hunting (10.6%) and real estate and rental and leasing (7.8%). The public sector as a whole accounted for 15.0%.

Source: Statistics Canada · saved copy

How important are mining, oil and manufacturing in Saskatchewan?

Mining, quarrying, and oil and gas extraction made up 29.4% of GDP in Saskatchewan in 2022 (4th highest of 13 provinces and territories), and manufacturing 6.7% (6th lowest of 13 provinces and territories).

Source: Statistics Canada · saved copy

What is the unemployment rate in Saskatchewan?

The unemployment rate in Saskatchewan was 5.4% in September 2026 (seasonally adjusted), down 0.6 percentage points from 6.0% a year earlier and against 5.5% in September 2024; 2nd lowest of 10 provinces. The Canadian rate was 6.5%.

Source: Statistics Canada · saved copy

How many people are employed in Saskatchewan?

In September 2026, 622,100 people in Saskatchewan were employed and 35,700 unemployed, out of a labour force of 657,700. Employment was up 0.4% on a year earlier (3rd slowest growth of 10 provinces; Canada: up 0.5%).

Source: Statistics Canada · saved copy

What share of people in Saskatchewan are working?

66.5% of residents aged 15 and over in Saskatchewan were in the labour force in September 2026 (3rd highest of 10 provinces for participation), and 62.9% had a job (Canada: 64.8% and 60.6%).

Source: Statistics Canada · saved copy

What is the average weekly wage in Saskatchewan?

Employees in Saskatchewan earned an average of $1,325.24 a week including overtime in July 2026 (seasonally adjusted, preliminary), up 4.4% on a year earlier; 7th highest of 13 provinces and territories. The Canadian average was $1,347.14 (up 3.2%).

Source: Statistics Canada · saved copy

How many payroll jobs are there in Saskatchewan?

Employers in Saskatchewan had 535,308 employees on their payrolls in July 2026, up 3.2% on a year earlier; 3rd fastest growth of 13 provinces and territories (Canada: up 1.1%).

Source: Statistics Canada · saved copy

What is the median household income in Saskatchewan?

The median total income of economic families and people living alone or with non-relatives in Saskatchewan was $85,600 in 2024, against $86,000 for Canada; 7th highest of 13 provinces and territories. In constant 2024 dollars it was up 0.8% on 2023.

Source: Statistics Canada · saved copy

What is the median after-tax income in Saskatchewan?

After income tax, the median income of families and unattached individuals in Saskatchewan was $75,500 in 2024 (Canada: $75,500); 7th highest of 13 provinces and territories.

Source: Statistics Canada · saved copy

What is the median family income in Saskatchewan?

Economic families of two or more people in Saskatchewan had a median total income of $120,600 in 2024 (Canada: $125,600); 6th lowest of 13 provinces and territories.

Source: Statistics Canada · saved copy

What is the average income in Saskatchewan?

Average total income of families and unattached individuals in Saskatchewan was $110,100 in 2024, 28.6% above the median (Canada: average $115,000, 33.7% above the median).

Source: Statistics Canada · saved copy

What is the inflation rate in Saskatchewan?

Consumer prices in Saskatchewan were up 3.3% in the 12 months to September 2026, against 3.1% for Canada and 2.6% in the 12 months to September 2025; 5th lowest of 13 provinces and territories.

Source: Statistics Canada · saved copy

How much have prices risen in Saskatchewan?

Averaged over 2025, the Consumer Price Index for Saskatchewan rose 2.1% (Canada: 2.1%); 6th highest of 13 provinces and territories. Between 2015 and 2025 prices rose 26.7% in total (Canada: 29.7%).

Source: Statistics Canada · saved copy

How fast are food and housing costs rising in Saskatchewan?

In the 12 months to September 2026, food prices in Saskatchewan were up 2.6% (Canada: up 2.2%) and shelter costs, which include rent, mortgage interest and utilities, were up 2.4% (Canada: up 1.8%); shelter inflation was 4th lowest of 12 provinces and territories.

Source: Statistics Canada · saved copy

Are transportation costs rising in Saskatchewan?

Transportation prices, including vehicles, fuel and public transit, were up 9.4% in Saskatchewan in the 12 months to September 2026 (Canada: up 8.4%).

Source: Statistics Canada · saved copy

How much did housing costs rise in Saskatchewan in 2025?

Averaged over 2025, shelter costs in Saskatchewan rose 3.4% (Canada: 3.0%).

Source: Statistics Canada · saved copy

How Saskatchewan compares with other provinces

Gross domestic product, 2024 (current prices) (2024)

Saskatchewan ranks 5 of 13, highest first.

RankRegionGross domestic product, 2024 (current prices)
2Quebec$616.8 billion
3Alberta$473.9 billion
4British Columbia$429.1 billion
5Saskatchewan$112.8 billion
6Manitoba$96.1 billion
7Nova Scotia$65.3 billion
8New Brunswick$48.3 billion
Source: Statistics Canada · saved copy

GDP per resident, 2024 (GDP / population on 1 July) (2024)

Saskatchewan ranks 5 of 13, highest first.

RankRegionGDP per resident, 2024 (GDP / population on 1 July)
2Northwest Territories$113,155
3Alberta$96,686
4Yukon$91,207
5Saskatchewan$90,619
6Newfoundland and Labrador$77,455
7British Columbia$75,821
8Ontario$74,394
Source: Statistics Canada · saved copy

Real GDP growth, 2024 (chained 2017 dollars) (2024)

Saskatchewan ranks 5 of 13, highest first.

RankRegionReal GDP growth, 2024 (chained 2017 dollars)
2Prince Edward Island3.8%
3Nova Scotia3.1%
4Alberta3.0%
5Saskatchewan3.0%
6New Brunswick2.7%
7Newfoundland and Labrador2.7%
8Quebec1.7%
Source: Statistics Canada · saved copy

Real GDP growth at basic prices, 2025 (2025)

Saskatchewan ranks 5 of 13, highest first.

RankRegionReal GDP growth at basic prices, 2025
2Prince Edward Island2.8%
3Alberta2.7%
4Nova Scotia2.3%
5Saskatchewan2.2%
6British Columbia2.0%
7New Brunswick2.0%
8Manitoba1.3%
Source: Statistics Canada · saved copy

Unemployment rate, September 2026 (seasonally adjusted) (September 2026)

Saskatchewan ranks 9 of 10, highest first. Provinces only: territorial estimates are three-month moving averages from a separate survey design.

RankRegionUnemployment rate, September 2026 (seasonally adjusted)
4Ontario7.0%
5British Columbia6.4%
6Alberta6.4%
7Nova Scotia6.3%
8Quebec6.0%
9Saskatchewan5.4%
10Manitoba5.0%
Source: Statistics Canada · saved copy

Labour force participation rate, September 2026 (September 2026)

Saskatchewan ranks 3 of 10, highest first. Provinces only.

RankRegionLabour force participation rate, September 2026
1Alberta68.9%
2Prince Edward Island66.6%
3Saskatchewan66.5%
4Manitoba66.4%
5Ontario64.6%
6British Columbia64.6%
7Quebec63.7%
Source: Statistics Canada · saved copy

Average weekly earnings, July 2026 (all employees, seasonally adjusted) (July 2026)

Saskatchewan ranks 7 of 13, highest first.

RankRegionAverage weekly earnings, July 2026 (all employees, seasonally adjusted)
4Alberta$1,399.61
5Ontario$1,391.19
6British Columbia$1,356.78
7Saskatchewan$1,325.24
8Newfoundland and Labrador$1,317.98
9Quebec$1,279.96
10New Brunswick$1,261.88
Source: Statistics Canada · saved copy

Change in payroll employment, 12 months to July 2026 (July 2026)

Saskatchewan ranks 3 of 13, highest first.

RankRegionChange in payroll employment, 12 months to July 2026
1Nunavut6.6%
2Yukon5.1%
3Saskatchewan3.2%
4New Brunswick2.7%
5Alberta2.1%
6Manitoba2.1%
7Newfoundland and Labrador1.1%
Source: Statistics Canada · saved copy

Median total income, economic families and persons not in an economic family, 2024 (2024)

Saskatchewan ranks 7 of 13, highest first. In 2024 constant dollars.

RankRegionMedian total income, economic families and persons not in an economic family, 2024
4Alberta$96,600
5Ontario$90,200
6British Columbia$85,700
7Saskatchewan$85,600
8Manitoba$81,900
9Quebec$79,000
10Newfoundland and Labrador$77,300
Source: Statistics Canada · saved copy

Median after-tax income, economic families and persons not in an economic family, 2024 (2024)

Saskatchewan ranks 7 of 13, highest first. In 2024 constant dollars.

RankRegionMedian after-tax income, economic families and persons not in an economic family, 2024
4Alberta$85,300
5Ontario$79,500
6British Columbia$75,800
7Saskatchewan$75,500
8Manitoba$72,000
9Quebec$68,800
10Newfoundland and Labrador$68,000
Source: Statistics Canada · saved copy

Median total income of economic families (two or more people), 2024 (2024)

Saskatchewan ranks 8 of 13, highest first. In 2024 constant dollars.

RankRegionMedian total income of economic families (two or more people), 2024
5Ontario$130,700
6British Columbia$128,400
7Quebec$120,800
8Saskatchewan$120,600
9Manitoba$113,600
10Newfoundland and Labrador$112,600
11Prince Edward Island$110,600
Source: Statistics Canada · saved copy

Consumer price inflation, 12 months to September 2026 (September 2026)

Saskatchewan ranks 9 of 13, highest first. Territories: the capital city index (Whitehorse, Yellowknife, Iqaluit).

RankRegionConsumer price inflation, 12 months to September 2026
6Northwest Territories4.7%
7Manitoba4.4%
8Alberta3.6%
9Saskatchewan3.3%
10Quebec3.1%
11Nunavut3.0%
12British Columbia3.0%
Source: Statistics Canada · saved copy

Consumer price inflation, 2025 annual average (2025)

Saskatchewan ranks 6 of 13, highest first. Territories: the capital city index (Whitehorse, Yellowknife, Iqaluit).

RankRegionConsumer price inflation, 2025 annual average
3Quebec2.4%
4Northwest Territories2.3%
5British Columbia2.1%
6Saskatchewan2.1%
7Nova Scotia2.1%
8Alberta2.0%
9Ontario1.9%
Source: Statistics Canada · saved copy

Shelter price inflation, 12 months to September 2026 (September 2026)

Saskatchewan ranks 9 of 12, highest first. Territories: the capital city index (Whitehorse, Yellowknife, Iqaluit).

RankRegionShelter price inflation, 12 months to September 2026
6Manitoba4.6%
7Newfoundland and Labrador4.5%
8Quebec3.2%
9Saskatchewan2.4%
10British Columbia2.1%
11Alberta0.8%
12Ontario0.3%
Source: Statistics Canada · saved copy

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