Canada vs Upper middle income: Gross domestic savings
Gross domestic savings over time
- Canada
- Upper middle income
How they compare
Upper middle income currently reports 11.31 trillion current US$ against 517.62 billion current US$ in Canada, a difference of 10.79 trillion current US$.
That makes Upper middle income's figure about 21.8 times Canada's.
Across all 64 years both countries report, Upper middle income has been ahead every year.
Canada ranks 12th and Upper middle income ranks 10th of 187 countries.
Upper middle income has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Canada | Upper middle income | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 13.36 billion current US$ | 60.36 billion current US$ | 47.00 billion current US$ | Upper middle income |
| 1970s | 39.13 billion current US$ | 223.07 billion current US$ | 183.95 billion current US$ | Upper middle income |
| 1980s | 92.02 billion current US$ | 462.75 billion current US$ | 370.74 billion current US$ | Upper middle income |
| 1990s | 132.10 billion current US$ | 873.86 billion current US$ | 741.75 billion current US$ | Upper middle income |
| 2000s | 277.66 billion current US$ | 2.44 trillion current US$ | 2.16 trillion current US$ | Upper middle income |
| 2010s | 378.42 billion current US$ | 7.41 trillion current US$ | 7.03 trillion current US$ | Upper middle income |
| 2020s | 487.44 billion current US$ | 10.66 trillion current US$ | 10.17 trillion current US$ | Upper middle income |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic savings, Canada or Upper middle income?
- Upper middle income, at 11.31 trillion current US$ against 517.62 billion current US$ in Canada as of 2024.
- What is the difference in gross domestic savings between Canada and Upper middle income?
- 10.79 trillion current US$, with Upper middle income ahead.
- How many years of comparable data are there for Canada and Upper middle income?
- 64 years are reported by both, from 1961 to 2024.
- How do Canada and Upper middle income rank globally for gross domestic savings?
- Canada ranks 12th and Upper middle income ranks 10th of 187 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross domestic savings (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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 indicator is expressed in United States dollars.