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PROVINCIAL ECONOMIC PROFILE

Yukon Economic Overview

$3.7b

GROSS PROVINCE PRODUCT

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Growth Rate 2020-25

Province
Growth Rank

5.3%

1

47,808

POPULATION

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Growth Rate 2020-25

Province
Growth Rank

2.7%

2

3,537

BUSINESSES

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Growth Rate 2020-25

Province
Growth Rank

2.1%

7

Overview of the Yukon Economy

In 2025, the province of Yukon has a population of 47,808, having grown an annualized 2.7% over the five years to 2025, which ranks it 2nd out of 13 provinces and territories by growth rate. Yukon's gross domestic product (GDP) in 2025 reached $3.7b, with growth of 5.3% over the 5 years to 2025. Businesses in Yukon employed a total of 35,194 people in 2025, with average annual employment growth over the past five years of %. The top three sectors by total employment are Public Administration in Canada, Real Estate and Rental and Leasing, Construction,

What is Yukon's Gross Domestic Product (GDP)?

In 2025, Yukon's GDP reached $3.7b, representing an increase of 5.3% from 2024. Yukon's GDP has grown at an annualized rate of 4.0% over the five years to 2025. Moreover, Yukon's trailing five-year GDP growth ranks it 1st out of 13 provinces and territories.

Provincial GDP is a measurement of a province's output, or the sum of value added from all industries in the province. It is a common indicator used to track the health of a provincial economy.

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PROVINCIAL ECONOMIC PROFILE

Yukon Industry Trends

Learn about current trends affecting the most significant industries for Yukon's economy, down to the county level. IBISWorld offers provincial industry research reports across all 13 provinces and territories, including 316 industries in Yukon.

What are Yukon's Largest Industries by Revenue?

The largest industries by revenue in Yukon are Gold & Silver Ore Mining, Copper, Nickel, Lead & Zinc Mining and Gasoline & Petroleum Wholesaling, which generated $4.7b, $1.6b and $1.3b in 2025.

See all industries in Yukon >

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PROVINCIAL ECONOMIC PROFILE

Top Companies in Yukon

Learn about current trends affecting the top companies in Yukon.

Top 10 Companies in Yukon by Employment

The largest companies by employment in Yukon are Government of Yukon, Yukon Hospital Corporation and Air North, which employed 7,300, 600 and 400 people in 2025.

Company
2025 Employment
2025 Employment %
1.
Government of Yukon
7,300
20.7%
2.
Yukon Hospital Corporation
600
1.7%
3.
Air North
400
1.1%
4.
Walmart
245
0.7%
5.
Loblaw Companies
180
0.5%
6.
Mcdonald’s corporation
120
0.3%
7.
Council of Yukon First Nation
85
0.2%
8.
Canada Post Corporation
70
0.2%
9.
Tim Hortons
56
0.2%
10.
Alkan Air
50
0.1%

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PROVINCIAL ECONOMIC PROFILE

Yukon Sector Statistics

In Yukon, certain sectors drive a higher share of provincial GDP and employ more workers than others. However, simply looking at raw numbers doesn't always tell the whole story. Factoring in the current year growth percentage, in addition to the annualized growth percentage over the past five years, will give you a deeper understanding of the economic situation.

What is Yukon's GDP by Sector?

The Public Administration in Canada, Real Estate and Rental and Leasing and Construction sectors contributed the most to Yukon's GDP in 2025, representing a combined 47.4% of provincial GDP.

GDP trends by sector are an important indicator of which sectors are contributing the most value-add to the provincial economy, in addition to how the provincial economy is evolving over time.

Sector
GDP
Growth 2025 (%)
Annualized Growth 2020-25
461,592,020
8.7%
12.6%
419,910,467
7.5%
9.3%
181,260,118
2.0%
2.1%
180,470,725
2.4%
2.5%
160,471,669
17.7%
22.0%
92,791,358
0.9%
0.0%
78,881,816
1.0%
0.7%
59,967,884
1.3%
0.9%
52,258,272
1.9%
4.4%
23,926,466
2.2%
4.7%

What is Yukon's Employment by Sector?

The Mining, Manufacturing and Healthcare and Social Assistance sectors contributed the most to employment in Yukon in 2025, representing a combined 48.1% of provincial employment.

Employment trends by sector are an important indicator of which sectors are growing or contracting most rapidly relative to the provincial economy as a whole.

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PROVINCIAL ECONOMIC PROFILE

Yukon Employment Trends

35.2k

EMPLOYMENT

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Growth Rate 2020-25

Province
Growth Rank

3.4%

12

What Employment Trends are Impacting Yukon's Economy?

The province of Yukon employs 35,194 people in 2025, which ranks it 11th out of 13 provinces and territories. Employment in Yukon has grown at an annualized rate of 3.4% over the five years to 2025, overperforming the national average of 1.8%. Major sectors by employment in Yukon include Mining, Manufacturing and Healthcare and Social Assistance, which employed 8,537, 4,324 and 4,049 people in 2025, respectively. Yukon's unemployment rate is in 2025, which ranks it 0 out of 13 provinces and territories. Yukon's unemployment rate has trended downwards at a rate of over the five years to 2025, underperforming the Canada economy as a whole.

Employment trends indicate the degree of tightness or slack in labor markets, in addition to the overall strength of an economy. Faster employment growth typically indicates a strong and growing economy, while lower unemployment tends to imply tightness in labor markets. You can track unemployment trends in Yukon, and compare them to the Canadian economy.

$135.0k

PER CAPITA DISPOSABLE INCOME

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Growth Rate 2020-25

Province
Growth Rank

4.1

1

What is Yukon's Per Capita Disposable Income?

Per capita disposable income, also known as disposable personal income (DPI), is the amount of money that the average person in an economy has available for spending and saving after accounting for income taxes. Yukon's DPI in 2025 was $135.0k, compared to the Canadian average of $107.8k, which places it 1st out of 13 provinces and territories.

Disposable income is regarded as a key economic indicator as trends in disposable income are indicative of the level of aggregate demand, the state of labor markets and the financial strength of households.

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PROVINCIAL ECONOMIC PROFILE

Yukon Construction & Building Trends

$18.8m

NONRESIDENTIAL CONSTRUCTION

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Growth Rate 2020-25

Province
Growth Rank

13.9%

13

$20.2m

RESIDENTIAL CONSTRUCTION

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Growth Rate 2020-25

Province
Growth Rank

5.5%

5

331

BUILDING PERMITS

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Growth Rate 2020-25

Province
Growth Rank

-10.5%

1

What can construction trends tell you about a state’s economy?

In Yukon, non-residential construction was $18.8m in 2025, which ranks it 13rd out of 13 provinces and territories. Residential construction was $20.2m in 2025, which places Yukon 5th out of 13 provinces and territories. The number of building permits issued in Yukon in 2025 was 331, representing a -10.5% annualized growth rate between 2020 and 2025.

Trends in the construction sector are important because it creates jobs, income and tax revenue for a state. In addition, construction sector activity impacts other sectors in its supply chain, including manufacturing, wholesaling, warehousing, transportation, and real estate, rental and leasing services.Therefore, construction trends are important indicators of the health of an economy.

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PROVINCIAL ECONOMIC PROFILE

Yukon Demographics

In Yukon, 15.5% of the population has a Bachelors or higher.

Education Level Yukon

Education Level
Yukon (%)
Bachelors or higher
15.5
Primary Education
10.4
Other
74.1
Yukon Province Industry Reports

IBISWorld Province Industry Reports help you quickly understand how an industry performs at the province level compared with the national level by providing accurate and unbiased industry information with a local focus. Use this collection to:

  • Discover key local industry trends
  • Identify threats and opportunities at the subnational level
  • Inform your business strategies and planning

See our list of 316 Yukon Industry Reports.

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