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
January 2026
548,557
Y/Y Change:
-285
January 2025 Value:
548,842
Natural Change
4th Quarter 2025
-917
Y/Y Change:
-71
4th Quarter 2024 Value:
-846
Net Migration
4th Quarter 2025
-264
Y/Y Change:
-1,550
4th Quarter 2024 Value:
1,286

Labour

Labour Force
February 2026
274,700
seasonally adjusted
Y/Y % Change:
1.25%
February 2025 Value:
271,300
Persons Employed
February 2026
249,400
seasonally adjusted
Y/Y % Change:
2.63%
February 2025 Value:
243,000
Unemployment Rate
February 2026
9.2 %
seasonally adjusted
Y/Y Change:
-1.3 pct points
February 2025 Value:
10.5 %
Participation Rate
February 2026
58.1 %
seasonally adjusted
Y/Y Change:
0.4 pct points
February 2025 Value:
57.7 %
Actual Hours Worked
February 2026
7,870,300
Y/Y % Change:
-0.65%
February 2025 Value:
7,921,500
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)
February 2026
165.5
Y/Y % Change:
1.8%
February 2025 Value:
162.5
Consumer Price Index (annual)
2025
164.2
average across year
Y/Y % Change:
1.4%
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
January 2026
$54,364,436
Y/Y % Change:
5.18%
January 2025 Value:
$51,685,836
Number of Building Permits
January 2026
249
residential and non-residential, all types of work
Y/Y % Change:
-6.74%
January 2025 Value:
267
Housing Starts
4th Quarter 2025
467
houses
Y/Y % Change:
-1.27%
4th Quarter 2024 Value:
473

Industry

Oil Production
January 2026
8,574,100
barrels
Y/Y % Change:
17.92%
January 2025 Value:
7,271,140
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
1.266
$ billions, all species
Y/Y % Change:
31.42%
2024 Value:
$963,013,973
Newsprint Shipments
4th Quarter 2025
16,706
tonnes
Y/Y % Change:
-63.56%
4th Quarter 2024 Value:
45,843

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