Economy in Vancouver
Detailed economy data — sourced from authoritative datasets and normalized for direct comparison.
Economy in Vancouver, British Columbia
Vancouver's economy is diverse, with key sectors including technology, tourism, trade, and film production. The average annual salary in Vancouver was approximately $72,406 as of 2025, equating to $37.13 per hour. Entry-level positions start around $48,750, while experienced professionals can earn up to $131,784 annually. The province of British Columbia, which includes Vancouver, recorded a real gross domestic product (GDP) growth of two percent in 2025, exceeding the national average of 1.6 percent. This growth is expected to remain stable in 2026 at 1.5%. The city also has a growing remote work scene, particularly in the tech sector, offering flexibility for many professionals.
Economy & Jobs
Top Industries
About Vancouver, British Columbia
Vancouver, British Columbia, is a vibrant coastal city nestled between the Pacific Ocean and the North Shore Mountains. Known for its stunning natural beauty, it consistently ranks as one of the world's most livable cities. The city's history is rooted in its natural resources, particularly logging and fishing, which evolved into a diverse economy. People are drawn to Vancouver for its mild climate, diverse culture, and abundant outdoor recreational opportunities, from skiing and hiking to kayaking and cycling. It serves as a major port city and a gateway to the Asia-Pacific, fostering a dynamic and multicultural environment.