GDP of Oil and Gas Extraction

Description:

Oil and gas extraction as a percentage of gross domestic product (GDP), chained 2012 dollars

Methods and Limitations:

Industry type is defined by the North American Industry Classification System (NAICS). 

Data for Oil and Gas Extraction represents data comprising NAICS 211 + 21311A.

NAICS 211 refers to ‘oil and gas extraction’.

NAICS 21311A refers to ‘support activities for oil and gas extraction’.

The denominator for total GDP uses the NAICS code T001, which combines codes 11-91

As defined by Statistics Canada, “[211] comprises establishments primarily engaged in operating oil and gas field properties. Such activities may include exploration for crude petroleum and natural gas; drilling, completing and equipping wells; operating separators, emulsion breakers, desilting equipment and field gathering lines for crude petroleum; and all other activities in the preparation of oil and gas up to the point of shipment from the producing property. This subsector includes the production of oil, the mining and extraction of oil from oil shale and oil sands, and the production of gas and hydrocarbon liquids, through gasification, liquefaction and pyrolysis of coal at the mine site.

Source:

Statistics Canada. Table 36-10-0402-01  Gross domestic product (GDP) at basic prices, by industry, provinces and territories (x 1,000,000)

Statistics Canada. Table 36-10-0401-01  Gross domestic product (GDP) at basic prices, by industry (x 1,000,000)