Australia vs Canada: Gross domestic savings

Australia
694.62 billion current LCU
in 2025
Canada
723.69 billion current LCU
in 2025
Australia rank
70th
Canada rank
68th

Gross domestic savings over time

  • Australia
  • Canada
0200.0B400.0B600.0B800.0B196019922025

How they compare

Canada currently reports 723.69 billion current LCU against 694.62 billion current LCU in Australia, a difference of 29.07 billion current LCU.

The two have swapped places 6 times across 65 shared years of data; in 1961 it was Canada ahead.

Australia ranks 70th and Canada ranks 68th of 187 countries.

Canada has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade Australia Canada Difference Ahead
1960s 7.22 billion current LCU 14.33 billion current LCU 7.11 billion current LCU Canada
1970s 19.61 billion current LCU 41.17 billion current LCU 21.56 billion current LCU Canada
1980s 60.24 billion current LCU 116.03 billion current LCU 55.79 billion current LCU Canada
1990s 120.30 billion current LCU 176.92 billion current LCU 56.63 billion current LCU Canada
2000s 233.57 billion current LCU 345.56 billion current LCU 111.99 billion current LCU Canada
2010s 413.72 billion current LCU 437.97 billion current LCU 24.25 billion current LCU Canada
2020s 645.96 billion current LCU 657.71 billion current LCU 11.75 billion current LCU Canada

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic savings, Australia or Canada?
Canada, at 723.69 billion current LCU against 694.62 billion current LCU in Australia as of 2025.
What is the difference in gross domestic savings between Australia and Canada?
29.07 billion current LCU, with Canada ahead.
How many years of comparable data are there for Australia and Canada?
65 years are reported by both, from 1961 to 2025.
How do Australia and Canada rank globally for gross domestic savings?
Australia ranks 70th and Canada ranks 68th of 187 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross domestic savings (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Canada: Gross domestic savings. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 29 August 2026, from https://economy.statizoid.com/compare/gross-domestic-savings-current-lcu/australia/canada/

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About this data

Indicator
Gross domestic savings (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 8,736 data points, 1960–2025
Last refreshed

Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.