Canada is the home to the eighth largest economy in the world is one of the world's wealthiest nations, and with a high per-capita income, a member of the Organisation for Economic Co-operation and Development (OECD) and Group of Eight (G8).As with other developed nations, the Canadian economy is dominated by the service industry, which employs about three quarters of Canadians . Canada is unusual among developed countries in the importance of the primary sector, with the logging and oil industries being two of Canada's most important. Canada also has a sizable manufacturing sector, centred in Central Canada, with the automobile industry especially important.
International trade makes up a large part of the Canadian economy, particularly of its natural resources.
Canada is a mixed market or social market economy, which, according to the Heritage Foundation ranks higher on the "index of economic freedom" than most western European countries but lower than the U.S. Canada ranks among the most developed countries on the Human development index, with a GDP per capita lower than and a median household income roughly equal to that of the United States.