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
May 2026
269,100
seasonally adjusted
Y/Y % Change:
-1.82%
May 2025 Value:
274,100
Persons Employed
May 2026
243,200
seasonally adjusted
Y/Y % Change:
-1.70%
May 2025 Value:
247,400
Unemployment Rate
May 2026
9.6 %
seasonally adjusted
Y/Y Change:
-0.1 pct points
May 2025 Value:
9.7 %
Participation Rate
May 2026
56.7 %
seasonally adjusted
Y/Y Change:
-1.5 pct points
May 2025 Value:
58.2 %
Actual Hours Worked
May 2026
8,589,600
Y/Y % Change:
-1.48%
May 2025 Value:
8,718,900
Employment Insurance Beneficiaries
March 2026
46,670
unadjusted
Y/Y % Change:
-1.33%
March 2025 Value:
47,300

Consumer Activity

Retail Trade Sales
March 2026
$996,865,000
unadjusted, 2022 NAICS
Y/Y % Change:
3.42%
March 2025 Value:
$963,893,000
New Motor Vehicle Sales
March 2026
$150,519,000
Y/Y % Change:
-9.39%
March 2025 Value:
$166,113,000
Consumer Price Index (monthly)
April 2026
168.9
Y/Y % Change:
3.6%
April 2025 Value:
163.0
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
April 2026
109.8
house and land
Y/Y % Change:
0.00%
April 2025 Value:
109.8
Food services and Drinking places sales
March 2026
$99,042,000
seasonally adjusted
Y/Y % Change:
5.69%
March 2025 Value:
$93,713,000
Consumer Bankruptcies
March 2026
46
Y/Y % Change:
-17.86%
March 2025 Value:
56

Construction

Investment In New Building Construction
March 2026
$48,382,390
Y/Y % Change:
38.91%
March 2025 Value:
$34,830,351
Number of Building Permits
March 2026
261
residential and non-residential, all types of work
Y/Y % Change:
-25.85%
March 2025 Value:
352
Housing Starts
1st Quarter 2026
224
houses
Y/Y % Change:
35.76%
1st Quarter 2025 Value:
165

Industry

Oil Production
April 2026
9,383,588
barrels
Y/Y % Change:
26.41%
April 2025 Value:
7,423,371
Mineral Shipments
2025
4.584
$ billions, gross value
Y/Y % Change:
9.04%
2024 Value:
4.204 $ billions
Manufacturing Shipments
March 2026
$417,907,000
Y/Y % Change:
63.49%
March 2025 Value:
$255,622,000
Total Fish Landings
2025
1.271
$ billions, all species
Y/Y % Change:
31.94%
2024 Value:
$963,014,985
Newsprint Shipments
1st Quarter 2026
8,529
tonnes
Y/Y % Change:
-81.62%
1st Quarter 2025 Value:
46,409

Income

Total Household Income
2024
33.378
$ billions
Y/Y % Change:
6.63%
2023 Value:
31.302 $ billions
Average Weekly Earnings
March 2026
$1,291.80
2026 data is preliminary
Y/Y % Change:
0.95%
March 2025 Value:
$1,279.66
Percentage of People in Low Income
2024
10.4 %
StatCan MBM
Y/Y Change:
-0.9 pct points
2023 Value:
11.3 %
Number of People in Low Income
2024
55,600
rounded StatCan MBM
Y/Y % Change:
-7.02%
2023 Value:
59,800
Income Support Recipients
April 2026
29,304
Y/Y % Change:
-0.78%
April 2025 Value:
29,533

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
March 2026
1.590
$ billions
Y/Y % Change:
23.86%
March 2025 Value:
1.284 $ billions