Economy of British Columbia
British Columbia (B.C.) is the third largest Canadian province by population and fourth largest provincial economy. Like other provinces in the Canadian federation, B.C. consists of both private and public institutions. However, as Canada's westernmost province, located between the Pacific Ocean and the Rocky Mountains, B.C. has unique economic characteristics that distinguish it from much of the rest of Canada.
Vancouver is a major economic hub of British Columbia. | |
| Currency | Canadian Dollar (CAD) |
|---|---|
| April 1 – March 31 | |
| Statistics | |
| Population | 5,000,879 (2021) |
| GDP | 350,598 million CAD (2021) |
| 3.5% (June 2023) | |
| 0.944 | |
Labour force | 2,942,100 |
| Unemployment | 5.6% (163,900) (June 2023) |
Average gross salary | $40,800 |
Average net salary | $37,200 |
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