Alberta GDP numbers rise across the board

The real Gross Domestic Product (GDP) for Alberta’s agri-food industry rose by 2.5 per cent in 2017 to $6.5 billion.

The province accounts for 12.5 per cent of the country’s agri-food GDP, and is in third spot nationally (after Ontario and Quebec).

The GDP for the province’s primary agriculture industry increased 1.9 per cent to $3.5 billion in 2017 while food-manufacturing industry GDP rose to $2.5 billion (up 3.4 per cent) and beverage manufacturing increased to $474.3 million (up 2.2 per cent).

Overall, Alberta’s economy in 2017 increased 4.9 per cent to $304.7 billion, as measured by real GDP, after declining for two years.

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