Canada vs Hong Kong: Gross savings
Gross savings over time
- Canada
- Hong Kong
How they compare
Hong Kong currently reports 930.55 billion current LCU against 720.87 billion current LCU in Canada, a difference of 209.68 billion current LCU.
That makes Hong Kong's figure about 1.3 times Canada's.
Across all 27 years both countries report, Hong Kong has been ahead every year.
Canada ranks 67th and Hong Kong ranks 64th of 177 countries.
Hong Kong has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Canada | Hong Kong | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 199.31 billion current LCU | 402.81 billion current LCU | 203.50 billion current LCU | Hong Kong |
| 2000s | 316.66 billion current LCU | 479.16 billion current LCU | 162.50 billion current LCU | Hong Kong |
| 2010s | 403.54 billion current LCU | 613.80 billion current LCU | 210.27 billion current LCU | Hong Kong |
| 2020s | 604.15 billion current LCU | 778.47 billion current LCU | 174.31 billion current LCU | Hong Kong |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Canada or Hong Kong?
- Hong Kong, at 930.55 billion current LCU against 720.87 billion current LCU in Canada as of 2024.
- What is the difference in gross savings between Canada and Hong Kong?
- 209.68 billion current LCU, with Hong Kong ahead.
- How many years of comparable data are there for Canada and Hong Kong?
- 27 years are reported by both, from 1998 to 2024.
- How do Canada and Hong Kong rank globally for gross savings?
- Canada ranks 67th and Hong Kong ranks 64th 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.