Canada - Adjusted savings: gross savings (% of GNI)
Adjusted savings: gross savings (% of GNI) in Canada was 20.12 as of 2019. Its highest value over the past 49 years was 25.01 in 2006, while its lowest value was 14.58 in 1992.
Definition: Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.
Source: World Bank national accounts data files.
See also:
Year | Value |
---|---|
1970 | 21.34 |
1971 | 21.39 |
1972 | 21.42 |
1973 | 23.55 |
1974 | 24.48 |
1975 | 21.43 |
1976 | 22.26 |
1977 | 21.06 |
1978 | 20.84 |
1979 | 22.69 |
1980 | 22.81 |
1981 | 23.27 |
1982 | 20.61 |
1983 | 20.66 |
1984 | 21.58 |
1985 | 21.18 |
1986 | 19.63 |
1987 | 20.81 |
1988 | 21.66 |
1989 | 20.86 |
1990 | 18.42 |
1991 | 15.66 |
1992 | 14.58 |
1993 | 15.41 |
1994 | 17.61 |
1995 | 19.63 |
1996 | 20.13 |
1997 | 20.84 |
1998 | 20.46 |
1999 | 21.83 |
2000 | 24.42 |
2001 | 23.29 |
2002 | 22.29 |
2003 | 22.50 |
2004 | 24.18 |
2005 | 24.96 |
2006 | 25.01 |
2007 | 24.77 |
2008 | 24.61 |
2009 | 18.84 |
2010 | 19.70 |
2011 | 21.26 |
2012 | 21.30 |
2013 | 21.93 |
2014 | 22.51 |
2015 | 19.87 |
2016 | 19.38 |
2017 | 20.19 |
2018 | 19.93 |
2019 | 20.12 |
Limitations and Exceptions: Because gross savings is calculated as a residual it includes errors, which may not be offsetting, in its components.
Statistical Concept and Methodology: Gross savings are calculated as a residual from the national accounts by taking the difference between income earned by residents (including income received from abroad and workers' remittances) and their consumption expenditures.
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts