Quick Fact Dashboard

About the Dashboard

This quick fact dashboard presents a range of economic and social indicators for Newfoundland and Labrador.  The individual indicators can be explored in more detail to show the change over time using an interactive chart and data table as well as providing additional information, sources, or tools. The list presented is not intended to be exhaustive or inclusive of a defined framework and will be adjusted over time to include additional indicators of importance.

Population and Demography

Population
October 2025
549,738
Y/Y Change:
1,336
October 2024 Value:
548,402
Natural Change
3rd Quarter 2025
-626
Y/Y Change:
-57
3rd Quarter 2024 Value:
-569
Net Migration
3rd Quarter 2025
453
Y/Y Change:
-1,649
3rd Quarter 2024 Value:
2,102

Labour

Labour Force
January 2026
272,500
seasonally adjusted
Y/Y % Change:
0.41%
January 2025 Value:
271,400
Persons Employed
January 2026
247,300
seasonally adjusted
Y/Y % Change:
1.73%
January 2025 Value:
243,100
Unemployment Rate
January 2026
9.2 %
seasonally adjusted
Y/Y Change:
-1.2 pct points
January 2025 Value:
10.4 %
Participation Rate
January 2026
57.6 %
seasonally adjusted
Y/Y Change:
-0.2 pct points
January 2025 Value:
57.8 %
Actual Hours Worked
January 2026
8,075,200
Y/Y % Change:
0.99%
January 2025 Value:
7,995,900
Employment Insurance Beneficiaries
December 2025
45,370
unadjusted
Y/Y % Change:
3.80%
December 2024 Value:
43,710

Consumer Activity

Retail Trade Sales
December 2025
1.102
$ billions, unadjusted, 2022 NAICS
Y/Y % Change:
-1.38%
December 2024 Value:
1.118 $ billions
New Motor Vehicle Sales
December 2025
$109,592,000
Y/Y % Change:
-0.32%
December 2024 Value:
$109,939,000
Consumer Price Index (monthly)
January 2026
164.9
Y/Y % Change:
2.42%
January 2025 Value:
161.0
Consumer Price Index (annual)
2025
164.2
average across year
Y/Y % Change:
1.42%
2024 Value:
161.9
Household Consumption (2017 constant prices)
2024
19.015
$ billions
Y/Y % Change:
2.09%
2023 Value:
18.626 $ billions
New Housing Price Index
January 2026
109.8
house and land
Y/Y % Change:
2.52%
January 2025 Value:
107.1
Food services and Drinking places sales
December 2025
$91,270,000
seasonally adjusted
Y/Y % Change:
2.74%
December 2024 Value:
$88,832,000
Consumer Bankruptcies
December 2025
37
Y/Y % Change:
5.71%
December 2024 Value:
35

Construction

Investment In New Building Construction
December 2025
$55,359,968
Y/Y % Change:
-1.06%
December 2024 Value:
$55,952,429
Number of Building Permits
December 2025
246
residential and non-residential, all types of work
Y/Y % Change:
-9.23%
December 2024 Value:
271
Housing Starts
4th Quarter 2025
467
houses
Y/Y % Change:
-1.27%
4th Quarter 2024 Value:
473

Industry

Oil Production
December 2025
7,690,559
barrels
Y/Y % Change:
2.59%
December 2024 Value:
7,496,667
Mineral Shipments
2025
4.584
$ billions, gross value
Y/Y % Change:
9.04%
2024 Value:
4.204 $ billions
Manufacturing Shipments
December 2025
$259,361,000
Y/Y % Change:
-30.87%
December 2024 Value:
$375,177,000
Total Fish Landings
2025
1.263
$ billions, all species
Y/Y % Change:
31.13%
2024 Value:
$963,013,847
Newsprint Shipments
3rd Quarter 2025
40,946
tonnes
Y/Y % Change:
-13.11%
3rd Quarter 2024 Value:
47,125

Income

Total Household Income
2024
33.378
$ billions
Y/Y % Change:
6.63%
2023 Value:
31.302 $ billions
Average Weekly Earnings
December 2025
$1,275.60
2025 data is preliminary
Y/Y % Change:
0.39%
December 2024 Value:
$1,270.62
Percentage of People in Low Income
2023
10.9 %
StatCan MBM
Y/Y Change:
1.5 pct points
2022 Value:
9.4 %
Number of People in Low Income
2023
57,000
rounded StatCan MBM
Y/Y % Change:
16.33%
2022 Value:
49,000
Income Support Recipients
December 2025
28,940
Y/Y % Change:
-0.56%
December 2024 Value:
29,104

Economic Output

Gross Domestic Product (GDP)
2024
42.219
$ billions
Y/Y % Change:
4.60%
2023 Value:
40.363 $ billions
Gross Domestic Product (chained 2017)
2024
32.350
$ billions
Y/Y % Change:
2.66%
2023 Value:
31.512 $ billions
Exports for All Industries
October 2025
1.219
$ billions
Y/Y % Change:
22.56%
October 2024 Value:
$994,786,000