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