Economic Performance Nova Scotia's ranking falls to 10th in Canada and 4th in Atlantic Canada. Economic Performance refers to the strength and growth of the provincial economy. Nova Scotia economic growth slowed when compared to the rest of the country resulting in poorer rankings in real GDP growth, personal income and average annual pay growth. Employment growth and the unemployment rate improved. INDICATORS 2001r 2002 2003 Output Personal Income Growth 5 2 8 GDP Growth Rate 1 4 10 Personal Income Per Capita 6 6 6 GDP Per Capita 7 8 8 Employment Base Employment Growth 6 7 5 Unemployment Rate 7 7 6 Earnings and Job Quality Average Annual Pay Growth 4 2 9 Average Annual Pay 6 6 6 Equity Rural Rural vs Urban Income 5 3 8 Low Income 6 5 5 Income Distribution 6 6 5 % Income Distribution Change 4 5 2 Overall Ranking Economic Performance 4 3 10 r = ranking has been revised to include new indicators and revisions by Statistics Canada * not included in calculating the overall ranking; comparable data not available		Contact      Print

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