Payroll & Bookkeeping Services in Canada - Market Size (2005–2031)

NAICS 54121bCA Last Updated: December 2025

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$8.0bn

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Payroll & Bookkeeping Services in Canada Market Size in 2025
3.2%

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 Payroll & Bookkeeping Services in Canada Market Size Growth in 2025
5.1%

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 Payroll & Bookkeeping Services in Canada Market Size CAGR 2020-2025

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 Payroll & Bookkeeping Services in Canada Market Size CAGR 2025-2030

Curious about what drives these trends? IBISWorld's Payroll & Bookkeeping Services in Canada Industry Report has got you covered.

Questions Clients Ask About This Industry

  • What was the market size of the Payroll & Bookkeeping Services in Canada in 2024?

    The market size of the Payroll & Bookkeeping Services in Canada was $7.7bn in 2024.

  • What was the growth rate of the Payroll & Bookkeeping Services in Canada in 2024?

    The market size of the Payroll & Bookkeeping Services in Canada increased 5.0% in 2024.

  • What was the market size of the Payroll & Bookkeeping Services in Canada in 2025?

    The market size of the Payroll & Bookkeeping Services in Canada is $8.0bn in 2025.

  • What is the growth rate of the Payroll & Bookkeeping Services in Canada in 2025?

    The market size of the Payroll & Bookkeeping Services in Canada increased 3.2% in 2025.

  • Has the Payroll & Bookkeeping Services in Canada grown or declined over the past 5 years?

    The market size of the Payroll & Bookkeeping Services in Canada has grown at a 5.0% CAGR between 2019 and 2024.

  • Is the Payroll & Bookkeeping Services in Canada expected to grow or decline over the next five years?

    See our full analysis of the Payroll & Bookkeeping Services in Canada to understand if the industry market size is expected to grow or decline over the next five years.

  • Has the Payroll & Bookkeeping Services in Canada grown or declined over the past 5 years?

    The market size of the Payroll & Bookkeeping Services in Canada has grown at a 5.1% CAGR between 2020 and 2025.

  • Is the Payroll & Bookkeeping Services in Canada expected to grow or decline over the next five years?

    See our full analysis of the Payroll & Bookkeeping Services in Canada to understand if the industry market size is expected to grow or decline over the next five years.

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