Halifax Economic Dashboard

Halifax Economy

Looking for the latest facts and figures on Halifax’s economy? Our interactive dashboard displays the most up-to-date statistics and key performance indicators.

New Update!

This updated version of the Economic Dashboard offers the same great data and analysis with a simpler layout and more interactive features. You'll also notice there is more information and context provided within the Dashboard. Learn more about what's changed >

Latest Halifax Economy Snapshot (Updated: May 2021)

  • Halifax experienced its worst-ever GDP contraction in 2020, a drop of 3.4%. However, the Conference Board projects GDP will rebound strongly with 4.6% growth in 2021.
  • Halifax’s population hit a new high of 448,544 in 2020, up by more than 9,000 people from the year before. International migration accounted for almost two-thirds of this increase.

  • The unemployment rate peaked just under 12% in spring 2020 but dropped steadily through November. Following a new wave of COVID cases, April 2021’s unemployment has risen to 8.3%.
  • The average price of a home in Halifax ramped up sharply through late 2020 and early 2021 but came down slightly in April 2021 to $466,574.

Get the Facts on Halifax's Economy

To learn more about Halifax’s economy and get a definitive look at Halifax’s economic and community progress, read the Halifax Index 2020.



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