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Canada Province economic profile
Saskatchewan - Economic Profile
Statistics, economic information and rankings for this Prairie province
In 2026, the province of Saskatchewan has a population of 1,289,827, having grown an annualized 2.0% over the five years to 2026, which ranks it 8th out of 13 provinces and territories by growth rate. Saskatchewan's gross domestic product (GDP) in 2026 reached $85.2b, with growth of 3.7% over the 5 years to 2026. Businesses in Saskatchewan employed a total of 505,504 people in 2026, with average annual employment growth over the past five years of 2.4%. The top three sectors by total employment are Mining, Real Estate & Rental & Leasing in Canada, Construction, while the unemployment rate across the province in 2026 was 5.6%.
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Province economic profile
Saskatchewan Economic Overview
$85.2b
Gross province product
1,289,827
Population
86,481
Businesses
Province economic profile
Saskatchewan Industry Trends
Learn about current trends affecting the most significant industries for Saskatchewan's province economy, down to the county level. IBISWorld offers provincial industry research reports across all 13 provinces and territories, including 415 industries in Saskatchewan.
What are Saskatchewan's Largest Industries by Revenue?
The largest industries by revenue in Saskatchewan are Gasoline & Petroleum Wholesaling, Commercial Banking and Gasoline & Petroleum Bulk Stations, which generated $22.4b, $17.7b and $16.3b in 2026.
| Industry | 2026 revenue | |
|---|---|---|
| 1. | Gasoline & Petroleum Wholesaling | $22.4b |
| 2. | Commercial Banking | $17.7b |
| 3. | Gasoline & Petroleum Bulk Stations | $16.3b |
| 4. | Oil Drilling & Gas Extraction | $16.2b |
| 5. | Farm Supplies Wholesaling | $11.6b |
| 6. | Oil & Gas Field Services | $7.0b |
| 7. | Petroleum Refining | $6.9b |
| 8. | New Car Dealers | $6.1b |
| 9. | Beef Cattle Production | $5.6b |
| 10. | Hospitals | $5.6b |
Province economic profile
Top Companies in Saskatchewan
Learn about current trends affecting the top companies in Saskatchewan.
Top 10 Companies Headquartered in Saskatchewan by Employment
The largest companies by employment in Saskatchewan are Saskatchewan Health Authority, Nutrien and Saskatchewan Telecommunications Holding Corporation, which employed 44,462, 3,940 and 3,140 people in 2026.
| Company | 2026 employment | Share of employment | |
|---|---|---|---|
| 1. | Saskatchewan Health Authority | 44,462 | 8.8% |
| 2. | Nutrien | 3,940 | 0.8% |
| 3. | Saskatchewan Telecommunications Holding Corporation | 3,140 | 0.6% |
| 4. | SaskPower | 3,000 | 0.6% |
| 5. | Federated Co-operatives Limited | 2,310 | 0.5% |
| 6. | SGI Canada | 2,000 | 0.4% |
| 7. | Mosaic Co | 1,980 | 0.4% |
| 8. | Brandt Group of Companies | 1,410 | 0.3% |
| 9. | SaskEnergy Incorporated | 1,200 | 0.2% |
| 10. | Cameco Corporation | 1,090 | 0.2% |
Province economic profile
Saskatchewan Sector Statistics
In Saskatchewan, 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 Saskatchewan's GDP by Sector?
The Mining, Real Estate & Rental & Leasing in Canada and Construction sectors contributed the most to Saskatchewan's GDP in 2026, representing a combined 36.3% 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.
What is Saskatchewan's Employment by Sector?
The Retail Trade, Healthcare & Social Assistance in Canada and Accommodation & Food Services in Canada sectors contributed the most to employment in Saskatchewan in 2026, representing a combined 38.4% 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.
| Sector | Employment | Growth 2026 | Annualized growth 2021-26 |
|---|---|---|---|
| Retail Trade | 74,440 | 1.1% | 0.1% |
| Healthcare & Social Assistance in Canada | 60,601 | 0.5% | 1.1% |
| Accommodation & Food Services in Canada | 51,155 | 2.0% | 7.9% |
| Manufacturing | 38,216 | 2.0% | 1.4% |
| Construction | 31,209 | 1.5% | 1.2% |
| Agriculture, Forestry, Fishing & Hunting in Canada | 29,418 | 2.2% | 4.4% |
| Wholesale Trade | 26,286 | -0.5% | 1.3% |
| Professional, Scientific & Technical Services in Canada | 24,193 | 1.8% | 2.2% |
| Transportation & Warehousing in Canada | 23,999 | 3.2% | 6.4% |
| Educational Services | 23,790 | 0.8% | 1.4% |
| Finance & Insurance in Canada | 23,092 | -0.6% | 1.0% |
| Mining | 20,623 | 2.1% | 1.9% |
| Administration, Business Support & Waste Management Services | 16,482 | 0.4% | -0.4% |
| Arts, Entertainment & Recreation in Canada | 11,328 | 2.9% | 7.5% |
| Other Services (except Public Administration) | 10,954 | 2.4% | 0.7% |
| Utilities | 8,131 | 8.8% | 2.4% |
| Information | 5,861 | 2.4% | 5.6% |
| Real Estate & Rental & Leasing in Canada | 4,668 | 1.4% | 0.5% |
Province economic profile
Saskatchewan Employment Trends
505.5k
Employment
5.6%
Unemployment
What Employment Trends are Impacting Saskatchewan?
The province of Saskatchewan employs 505,504 people in 2026, which ranks it 5th out of 13 provinces and territories. Employment in Saskatchewan has grown at an annualized rate of 2.1% over the five years to 2026, overperforming the national average of 1.6%. Major sectors by employment in Saskatchewan include Retail Trade, Healthcare & Social Assistance in Canada and Accommodation & Food Services in Canada, which employed 74,440, 60,601 and 51,155 people in 2026, respectively. Saskatchewan's unemployment rate is 5.6% in 2026, which ranks it 6th out of 13 provinces and territories. Saskatchewan's unemployment rate has trended downwards at a rate of -3.2% over the five years to 2026, overperforming 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 Saskatchewan, and compare them to the Canada economy, using the chart below.
$108.8k
Per capita disposable income
What is Saskatchewan'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. Saskatchewan's DPI in 2026 was $108.8k, compared to the Canadian average of $120.6k, which places it 10th 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.
You can track trends in Saskatchewan's per capita disposable income, and compare it to the Canadian average, using the chart below.
Province economic profile
Saskatchewan Construction & Building Trends
$183.8m
Nonresidential construction
$358.0m
Residential construction
7,847
Building permits
What can construction trends tell you about a province’s economy?
In Saskatchewan, non-residential construction was $183.8m in 2026, which ranks it 11th out of 13 provinces and territories. Residential construction was $358.0m in 2026, which places Saskatchewan 10th out of 13 provinces and territories. The number of building permits issued in Saskatchewan in 2026 was 7,847, representing a 15.0% annualized growth rate between 2021 and 2026.
Trends in the construction sector are important because it creates jobs, income and tax revenue for a province. 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.
You can track trends in the number of building permits issued in Saskatchewan, and compare it to trends in the number issued in Canada as a whole, using the chart below.
Province economic profile
Saskatchewan Population Statistics
Which Counties in Saskatchewan have the Largest Populations?
The counties with the highest populations in Saskatchewan are Saskatoon, Regina and Yorkton, which had populations of 320,610, 250,080 and 0 people in 2026.
| Region | 2026 population | Annual growth 2021-26 | Share of population |
|---|---|---|---|
| Saskatoon | 320.6k | 3.2% | 24.9% |
| Regina | 250.1k | 3.0% | 19.4% |
Province economic profile
Saskatchewan Demographics
In Saskatchewan, 15.1% of the population has a Bachelors or higher.
Education level in Saskatchewan
| Education level | Share (%) |
|---|---|
| Bachelors or higher | 15.1 |
| Primary Education | 3.6 |
| Other | 81.3 |
Saskatchewan Province industry reports
IBISWorld Province Industry Reports help you quickly understand how an industry performs at the province level compared with the national level, with 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 415 Saskatchewan industry reports.
Other provinces to explore
Compare Saskatchewan’s economy with other provinces in Canada.
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