Australia vs Canada: Gross savings
Gross savings over time
- Australia
- Canada
How they compare
Canada currently reports 720.87 billion current LCU against 615.68 billion current LCU in Australia, a difference of 105.19 billion current LCU.
That makes Canada's figure about 1.2 times Australia's.
The two have swapped places 4 times across 37 shared years of data; in 1989 it was Canada ahead.
Australia ranks 70th and Canada ranks 67th of 177 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 | 94.62 billion current LCU | 135.25 billion current LCU | 40.62 billion current LCU | Canada |
| 1990s | 104.56 billion current LCU | 148.32 billion current LCU | 43.76 billion current LCU | Canada |
| 2000s | 201.15 billion current LCU | 316.66 billion current LCU | 115.51 billion current LCU | Canada |
| 2010s | 363.72 billion current LCU | 403.54 billion current LCU | 39.82 billion current LCU | Canada |
| 2020s | 569.01 billion current LCU | 623.61 billion current LCU | 54.60 billion current LCU | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Australia or Canada?
- Canada, at 720.87 billion current LCU against 615.68 billion current LCU in Australia as of 2025.
- What is the difference in gross savings between Australia and Canada?
- 105.19 billion current LCU, with Canada ahead.
- How many years of comparable data are there for Australia and Canada?
- 37 years are reported by both, from 1989 to 2025.
- How do Australia and Canada rank globally for gross savings?
- Australia ranks 70th and Canada ranks 67th of 177 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross savings (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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.