Canada vs Germany: Adjusted savings: carbon dioxide damage

Canada
25.30 billion current US$
in 2021
Germany
27.65 billion current US$
in 2021
Canada rank
10th
Germany rank
7th

Adjusted savings: carbon dioxide damage over time

  • Canada
  • Germany
5.0B10.0B15.0B20.0B25.0B30.0B199020052021

How they compare

Germany currently reports 27.65 billion current US$ against 25.30 billion current US$ in Canada, a difference of 2.35 billion current US$.

That makes Germany's figure about 1.1 times Canada's.

Across all 32 years both countries report, Germany has been ahead every year.

Canada ranks 10th and Germany ranks 7th of 209 countries.

Germany has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Canada Germany Difference Ahead
1990s 6.76 billion current US$ 13.26 billion current US$ 6.50 billion current US$ Germany
2000s 12.31 billion current US$ 18.47 billion current US$ 6.15 billion current US$ Germany
2010s 19.26 billion current US$ 25.24 billion current US$ 5.98 billion current US$ Germany
2020s 24.11 billion current US$ 26.81 billion current US$ 2.69 billion current US$ Germany

Averages of every year both report within each decade.

Frequently asked questions

Which has higher adjusted savings: carbon dioxide damage, Canada or Germany?
Germany, at 27.65 billion current US$ against 25.30 billion current US$ in Canada as of 2021.
What is the difference in adjusted savings: carbon dioxide damage between Canada and Germany?
2.35 billion current US$, with Germany ahead.
How many years of comparable data are there for Canada and Germany?
32 years are reported by both, from 1990 to 2021.
How do Canada and Germany rank globally for adjusted savings: carbon dioxide damage?
Canada ranks 10th and Germany ranks 7th of 209 countries.
Where does this data come from?
Staff estimates, World Bank (WB), published as Adjusted savings: carbon dioxide damage (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Canada vs Germany: Adjusted savings: carbon dioxide damage. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 17 August 2026, from https://economy.statizoid.com/compare/adjusted-savings-carbon-dioxide-damage-current-us/canada/germany/

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About this data

Indicator
Adjusted savings: carbon dioxide damage (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
209 places, 6,864 data points, 1970–2021
Last refreshed

Cost of damage due to carbon dioxide emissions from fossil fuel use and the manufacture of cement, estimated to be US$40 per ton of CO2 (the unit damage in 2017 US dollars for CO2 emitted in 2020) times the number of tons of CO2 emitted. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.