Windsor’s GDP Increased by 43%

Gross Domestic Product (GDP) is a crucial measure of a country’s economic performance. It represents market activity within a region and is a great indicator of resources available to residents to ensure that sustainable living conditions can be met. Its relevance ranges from being an indicator of economic health to providing an understanding of the productivity of a region.

When a comparison is made between Windsor and other comparable cities in Ontario, we see that Windsor experienced modest economic growth between 2009 and 2020 (about 42%). It is estimated that a current point-in-time analysis would yield even higher figures given the region's historic investments and very strong economic performance in the automotive industry. Windsor has also seen growth in other sectors such as the growth of its IT clusters and manufacturing.

Economic activity is alive and well in the region. This should be a reason for increased investor confidence - which the region can capitalize on to ensure the momentum remains. However, it must be noted that higher GDP doesn't translate to improved economic livelihood. The spread of wealth could be uneven. However, higher GDP does mean that at least, there is something that can be spread around.