Real GDP
outputNGDPRSAXDCCAQ
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Economic indicator correlations for Canada. See how 11 macro indicators move together and how Canada's GDP correlates with other major economies.
Coverage
Real GDP
outputNGDPRSAXDCCAQ
CPI (YoY)
pricesCPALTT01CAM657N
Unemployment Rate
laborLRHUTTTTCAM156S
3-Month Interbank Rate
ratesIR3TIB01CAM156N
10-Year Bond Yield
ratesIRLTLT01CAM156N
Industrial Production
outputCANPROINDMISMEI
Exports
tradeXTEXVA01CAM667S
Imports
tradeXTIMVA01CAM667S
Consumer Confidence
confidenceCSCICP03CAM665S
M1 Money Supply
monetaryMANMM101CAM189S
Retail Trade
outputSLRTTO01CAM657S
Intra-Country
#1
3-Month Interbank Rate vs 10-Year Bond Yield
Corr +94%844 pts
2.744
#2
Real GDP vs Industrial Production
Corr +68%252 pts
1.630
#3
Exports vs Imports
Corr +53%830 pts
1.554
#4
Unemployment Rate vs 10-Year Bond Yield
Corr +42%856 pts
1.218
#5
Real GDP vs Consumer Confidence
Corr +51%152 pts
1.112
#6
Industrial Production vs Exports
Corr +37%757 pts
1.055
#7
Industrial Production vs Imports
Corr +36%757 pts
1.027
#8
Real GDP vs Exports
Corr +40%260 pts
0.962
#9
Real GDP vs Imports
Corr +29%260 pts
0.708
#10
Unemployment Rate vs 3-Month Interbank Rate
Corr +23%844 pts
0.669
#11
Industrial Production vs Consumer Confidence
Corr +21%456 pts
0.568
#12
Unemployment Rate vs M1 Money Supply
Corr +17%765 pts
0.490
#13
Unemployment Rate vs Consumer Confidence
Corr -17%456 pts
0.450
#14
Imports vs Consumer Confidence
Corr +16%456 pts
0.416
#15
Consumer Confidence vs M1 Money Supply
Corr +13%456 pts
0.358
Cross-Country
Level series (rates, unemployment, confidence) are used as-is; flow/stock series (GDP, trade, money supply, housing, prices) use period-over-period growth (%). Pairwise Pearson correlations. Ranking score = absolute correlation × log10(overlap + 1).
Minimum overlap filter: 20 data points.
Diagnostics
Retail Trade (SLRTTO01CAM657S): FRED request failed with status 400 Bad Request.