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Economy Lab

Quebec, meet Denmark. If the provinces were countries Add to ...

A fun version of the map of Canada shows Quebec's economy is comparable to Denmark, while Saskatchewan's gross domestic product is roughly the equivalent of Oman's.

The map, which adapts the idea from The Economist's portrait of the United States, was produced by the Bank of Montreal.

It shows the three northern territories - Yukon, Nunavut and the Northwest Territories, had a similar nominal GDP as the Bahamas, with both adding about $7-billion (U.S.) in goods and services last year.

British Columbia and the Czech Republic produced about $195-billion while Prince Edward Island is similar to Krygyzstan.

Ontario, in terms of output, "was a bit tricky," said the bank's deputy chief economist, Douglas Porter. With a near-$600-billion GDP "it was between Indonesia and Switzerland (with the latter a touch closer)."

In the U.S., California is similar to Italy, as the world's eighth-largest economy. New York is like Australia and Michigan is akin to Taiwan.

Some have even taken to comparing GDP to company size. Apple Inc., for example, the world's largest technology company, now has a market cap that ranks it 31st in the world - ahead of Denmark, Singapore and Israel, according to the website Global Macro Monitor.

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