Adjusted savings: carbon dioxide damage in Canada
Canada: Adjusted savings: carbon dioxide damage was 25.30 billion current US$ in 2021. ▲ Rising
Adjusted savings: carbon dioxide damage in Canada, 1990–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
Canada recorded 25.30 billion current US$ for adjusted savings: carbon dioxide damage in 2021. That is the highest value across all 32 years on record.
Compared with earlier readings it is up 10.3% on the previous year and up 54.4% over ten years.
Over the whole period, adjusted savings: carbon dioxide damage in Canada peaked at 25.30 billion current US$ in 2021 and was at its lowest, 5.08 billion current US$, in 1990.
Canada ranks 10th of 210 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 32 years of available data.
Adjusted savings: carbon dioxide damage in Canada, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 5.08 billion current US$ | — |
| 1991 | 5.29 billion current US$ | +4.1% |
| 1992 | 5.71 billion current US$ | +7.9% |
| 1993 | 5.92 billion current US$ | +3.6% |
| 1994 | 6.40 billion current US$ | +8.1% |
| 1995 | 6.85 billion current US$ | +7.1% |
| 1996 | 7.35 billion current US$ | +7.3% |
| 1997 | 7.89 billion current US$ | +7.4% |
| 1998 | 8.30 billion current US$ | +5.1% |
| 1999 | 8.77 billion current US$ | +5.7% |
| 2000 | 9.54 billion current US$ | +8.8% |
| 2001 | 9.83 billion current US$ | +3.0% |
| 2002 | 10.57 billion current US$ | +7.5% |
| 2003 | 11.44 billion current US$ | +8.3% |
| 2004 | 11.83 billion current US$ | +3.4% |
| 2005 | 12.77 billion current US$ | +7.9% |
| 2006 | 13.26 billion current US$ | +3.8% |
| 2007 | 14.72 billion current US$ | +11.1% |
| 2008 | 14.77 billion current US$ | +0.4% |
| 2009 | 14.40 billion current US$ | -2.5% |
| 2010 | 15.35 billion current US$ | +6.6% |
| 2011 | 16.38 billion current US$ | +6.8% |
| 2012 | 16.97 billion current US$ | +3.6% |
| 2013 | 17.96 billion current US$ | +5.8% |
| 2014 | 18.91 billion current US$ | +5.3% |
| 2015 | 19.43 billion current US$ | +2.7% |
| 2016 | 20.00 billion current US$ | +2.9% |
| 2017 | 21.26 billion current US$ | +6.3% |
| 2018 | 22.73 billion current US$ | +6.9% |
| 2019 | 23.66 billion current US$ | +4.1% |
| 2020 | 22.93 billion current US$ | -3.1% |
| 2021 | 25.30 billion current US$ | +10.3% |
Canada compared with similar countries
- Canada's 25.30 billion current US$ is above the median for high income countries, which is 970.21 million current US$, 26.1× the median. (78 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.76 billion current US$ | 5.08 billion current US$ | 8.77 billion current US$ | 10 |
| 2000s | 12.31 billion current US$ | 9.54 billion current US$ | 14.77 billion current US$ | 10 |
| 2010s | 19.26 billion current US$ | 15.35 billion current US$ | 23.66 billion current US$ | 10 |
| 2020s | 24.11 billion current US$ | 22.93 billion current US$ | 25.30 billion current US$ | 2 |
Countries ranked near Canada
More economy & growth data for Canada
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.8812 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.66 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 57.17 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0246 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,373 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 69.03 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 9.48 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0298 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,657 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 4.88 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: carbon dioxide damage in Canada?
- Adjusted savings: carbon dioxide damage in Canada was 25.30 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: carbon dioxide damage recorded in Canada?
- The highest recorded value was 25.30 billion current US$ in 2021.
- What is the lowest adjusted savings: carbon dioxide damage recorded in Canada?
- The lowest recorded value was 5.08 billion current US$ in 1990.
- How does Canada rank for adjusted savings: carbon dioxide damage?
- Canada ranks 10th out of 210 countries with data for 2021.
- Is adjusted savings: carbon dioxide damage rising or falling in Canada?
- Over the last ten years it is up 54.4%. The long-run trend across the full record is rising.
- Where does this Canada data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: carbon dioxide damage (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Cost of damage due to carbon dioxide emissions from fossil fuel use and the manufacture of cement, estimated to be US$40 per ton of CO2 (the unit damage in 2017 US dollars for CO2 emitted in 2020) times the number of tons of CO2 emitted. 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.