Canada:
- Economic Contribution: In 2020, Canada’s nonprofit sector contributed $185.8 billion to the nation’s gross domestic product (GDP), accounting for 9.0% of the total GDP. This represents a significant increase from 2007, when the sector’s contribution was $151.7 billion, or 7.8% of GDP. This growth indicates the sector’s expanding economic influence over time.
- Employment Impact: As of the fourth quarter of 2021, the nonprofit sector employed approximately 2.5 million people, marking a 1.4% increase from the previous quarter. This upward trend highlights the sector’s role as a significant and growing employer within the Canadian economy.
United States:
- Number of Nonprofits: The number of nonprofit organizations in the U.S. has seen substantial growth. In 2007, there were approximately 1.48 million registered nonprofits. By 2022, this number had increased to over 1.97 million, reflecting the sector’s expansion and diversification.
- Employment Trends: Between 2007 and 2017, employment within U.S. nonprofit organizations grew by 18.6%, rising from approximately 10.5 million to 12.5 million jobs. This consistent growth underscores the sector’s resilience and its critical role in job creation, even during economic downturns.
- Economic Impact: In the third quarter of 2022, the nonprofit sector contributed an estimated $1.5 trillion to the U.S. economy, representing 5.7% of the country’s GDP. This substantial contribution highlights the sector’s significant economic presence.
These trends illustrate the growing importance and influence of the nonprofit sectors in both Canada and the United States, as they continue to expand their contributions to economic development and societal well-being and pick up the slack from other levels of government downloading services to them.
Thanks again and look forward to your feedback, comments and questions.
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