Canada vs Portugal: Gross savings
Gross savings over time
- Canada
- Portugal
How they compare
Portugal currently reports 22.4% against 22.2% in Canada, a difference of 0.2%.
The two have swapped places 5 times across 50 shared years of data; in 1975 it was Canada ahead.
Canada ranks 93rd and Portugal ranks 92nd of 178 countries.
Across the 6 decades both report, Canada averaged higher in 3 and Portugal in 3.
Head to head by decade
| Decade | Canada | Portugal | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 21.7% | 22.2% | 0.5% | Portugal |
| 1980s | 21.3% | 25.6% | 4.3% | Portugal |
| 1990s | 18.5% | 23.3% | 4.8% | Portugal |
| 2000s | 23.5% | 15.1% | 8.4% | Canada |
| 2010s | 20.6% | 16.1% | 4.6% | Canada |
| 2020s | 22.3% | 20.3% | 2.0% | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Canada or Portugal?
- Portugal, at 22.4% against 22.2% in Canada as of 2024.
- What is the difference in gross savings between Canada and Portugal?
- 0.2%, with Portugal ahead.
- How many years of comparable data are there for Canada and Portugal?
- 50 years are reported by both, from 1975 to 2024.
- How do Canada and Portugal rank globally for gross savings?
- Canada ranks 93rd and Portugal ranks 92nd of 178 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross savings (% of GNI). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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 as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.