Newfoundland and Labrador economic profile

Newfoundland and Labrador exported C$13.7B of goods in 2025; its largest market was the United States (35% of exports), and its biggest export was crude oil.

Newfoundland and Labrador had 244,800 people employed in 2025, with an average weekly wage of C$1,295.

GDP in 2024: C$42.2B.

Sources: Statistics Canada; Statistics Canada (Bank of Canada rates). Loading the interactive map…