Canada - Gross savings (% of GDP)

Gross savings (% of GDP) in Canada was 18.88 as of 2020. Its highest value over the past 50 years was 24.62 in 2006, while its lowest value was 14.10 in 1992.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 21.10
1971 21.15
1972 21.21
1973 23.30
1974 24.21
1975 21.18
1976 21.94
1977 20.69
1978 20.39
1979 22.15
1980 22.27
1981 22.57
1982 19.97
1983 20.13
1984 20.99
1985 20.61
1986 19.05
1987 20.25
1988 21.04
1989 20.22
1990 17.82
1991 15.20
1992 14.10
1993 14.93
1994 17.04
1995 19.01
1996 19.53
1997 20.20
1998 19.77
1999 21.10
2000 23.77
2001 22.64
2002 21.72
2003 21.94
2004 23.66
2005 24.45
2006 24.62
2007 24.40
2008 24.25
2009 18.52
2010 19.31
2011 20.86
2012 20.92
2013 21.60
2014 22.15
2015 19.57
2016 19.15
2017 19.85
2018 19.64
2019 20.02
2020 18.88

Statistical Concept and Methodology: Gross savings represent the difference between disposable income and consumption and replace gross domestic savings, a concept used by the World Bank and included in World Development Indicators editions before 2006. The change was made to conform to SNA concepts and definitions.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts