According to Statistics Canada’s latest release, Newfoundland and Labrador’s share of goods‑producing industries in the province’s gross domestic product fell to 42.39% in 2025, down from 48.84% in 2022. In contrast, services‑producing industries rose to 57.61% of GDP, up from 56.99% in 2023. The energy sector held a stable share of 23.48% in 2025, slightly above the 22.65% recorded in 2024. Other notable figures include agriculture, forestry, fishing and hunting at 1.82%, mining, quarrying and oil and gas extraction at 28.72%, and real estate and rental and leasing at 9.96%. These numbers reflect the province’s evolving economic composition as reported in the 2026‑05‑01 table.
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