Australia vs Canada: Adjusted savings: gross savings
Australia
400.20 billion current US$
in 2021
Canada
455.84 billion current US$
in 2021
Australia rank
12th
Canada rank
11th
Adjusted savings: gross savings over time
- Australia
- Canada
How they compare
Canada currently reports 455.84 billion current US$ against 400.20 billion current US$ in Australia, a difference of 55.64 billion current US$.
That makes Canada's figure about 1.1 times Australia's.
The two have swapped places 4 times across 33 shared years of data; in 1989 it was Canada ahead.
Australia ranks 12th and Canada ranks 11th of 178 countries.
Canada has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Australia | Canada | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 77.05 billion current US$ | 114.23 billion current US$ | 37.18 billion current US$ | Canada |
| 1990s | 75.95 billion current US$ | 110.52 billion current US$ | 34.56 billion current US$ | Canada |
| 2000s | 143.04 billion current US$ | 255.02 billion current US$ | 111.98 billion current US$ | Canada |
| 2010s | 314.76 billion current US$ | 347.97 billion current US$ | 33.21 billion current US$ | Canada |
| 2020s | 357.20 billion current US$ | 383.28 billion current US$ | 26.08 billion current US$ | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher adjusted savings: gross savings, Australia or Canada?
- Canada, at 455.84 billion current US$ against 400.20 billion current US$ in Australia as of 2021.
- What is the difference in adjusted savings: gross savings between Australia and Canada?
- 55.64 billion current US$, with Canada ahead.
- How many years of comparable data are there for Australia and Canada?
- 33 years are reported by both, from 1989 to 2021.
- How do Australia and Canada rank globally for adjusted savings: gross savings?
- Australia ranks 12th and Canada ranks 11th of 178 countries.
- Where does this data come from?
- World Bank national accounts data files, published as Adjusted savings: gross savings (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.