Adjusted savings: gross savings (current US$) in Canada
Canada: Adjusted savings: gross savings was 455.84 billion current US$ in 2021. ◆ Volatile
Adjusted savings: gross savings in Canada, 1970–2021
Source: World Bank national accounts data files. Measured in current US$.
Analysis
In 2021, adjusted savings: gross savings in Canada stood at 455.84 billion current US$. That is the highest value across all 52 years on record.
Compared with earlier readings it is up 46.7% on the previous year and up 21.9% over ten years.
Over the whole period, adjusted savings: gross savings in Canada peaked at 455.84 billion current US$ in 2021 and was at its lowest, 18.55 billion current US$, in 1970.
Canada ranks 11th of 178 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: gross savings in Canada, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 18.55 billion current US$ | — |
| 1971 | 21.00 billion current US$ | +13.2% |
| 1972 | 23.98 billion current US$ | +14.2% |
| 1973 | 30.60 billion current US$ | +27.6% |
| 1974 | 38.83 billion current US$ | +26.9% |
| 1975 | 36.82 billion current US$ | -5.2% |
| 1976 | 45.32 billion current US$ | +23.1% |
| 1977 | 43.78 billion current US$ | -3.4% |
| 1978 | 44.58 billion current US$ | +1.8% |
| 1979 | 53.84 billion current US$ | +20.8% |
| 1980 | 60.98 billion current US$ | +13.3% |
| 1981 | 69.11 billion current US$ | +13.3% |
| 1982 | 62.62 billion current US$ | -9.4% |
| 1983 | 68.55 billion current US$ | +9.5% |
| 1984 | 74.60 billion current US$ | +8.8% |
| 1985 | 75.19 billion current US$ | +0.8% |
| 1986 | 71.89 billion current US$ | -4.4% |
| 1987 | 87.35 billion current US$ | +21.5% |
| 1988 | 106.77 billion current US$ | +22.2% |
| 1989 | 114.23 billion current US$ | +7.0% |
| 1990 | 105.86 billion current US$ | -7.3% |
| 1991 | 92.75 billion current US$ | -12.4% |
| 1992 | 83.55 billion current US$ | -9.9% |
| 1993 | 86.19 billion current US$ | +3.2% |
| 1994 | 98.49 billion current US$ | +14.3% |
| 1995 | 114.83 billion current US$ | +16.6% |
| 1996 | 122.73 billion current US$ | +6.9% |
| 1997 | 132.29 billion current US$ | +7.8% |
| 1998 | 125.37 billion current US$ | -5.2% |
| 1999 | 143.12 billion current US$ | +14.2% |
| 2000 | 177.07 billion current US$ | +23.7% |
| 2001 | 167.27 billion current US$ | -5.5% |
| 2002 | 165.25 billion current US$ | -1.2% |
| 2003 | 196.51 billion current US$ | +18.9% |
| 2004 | 242.92 billion current US$ | +23.6% |
| 2005 | 286.85 billion current US$ | +18.1% |
| 2006 | 324.77 billion current US$ | +13.2% |
| 2007 | 358.46 billion current US$ | +10.4% |
| 2008 | 376.56 billion current US$ | +5.1% |
| 2009 | 254.58 billion current US$ | -32.4% |
| 2010 | 312.35 billion current US$ | +22.7% |
| 2011 | 374.04 billion current US$ | +19.7% |
| 2012 | 382.46 billion current US$ | +2.3% |
| 2013 | 398.81 billion current US$ | +4.3% |
| 2014 | 399.95 billion current US$ | +0.3% |
| 2015 | 304.60 billion current US$ | -23.8% |
| 2016 | 292.56 billion current US$ | -4.0% |
| 2017 | 327.30 billion current US$ | +11.9% |
| 2018 | 338.92 billion current US$ | +3.5% |
| 2019 | 348.67 billion current US$ | +2.9% |
| 2020 | 310.71 billion current US$ | -10.9% |
| 2021 | 455.84 billion current US$ | +46.7% |
Canada compared with similar countries
- Canada's 455.84 billion current US$ is above the median for high income countries, which is 47.18 billion current US$, 9.7× the median. (62 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 35.73 billion current US$ | 18.55 billion current US$ | 53.84 billion current US$ | 10 |
| 1980s | 79.13 billion current US$ | 60.98 billion current US$ | 114.23 billion current US$ | 10 |
| 1990s | 110.52 billion current US$ | 83.55 billion current US$ | 143.12 billion current US$ | 10 |
| 2000s | 255.02 billion current US$ | 165.25 billion current US$ | 376.56 billion current US$ | 10 |
| 2010s | 347.97 billion current US$ | 292.56 billion current US$ | 399.95 billion current US$ | 10 |
| 2020s | 383.28 billion current US$ | 310.71 billion current US$ | 455.84 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)
- SDRs holdings, US dollar, annual growth rate 4.98 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0101 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 560.16 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0258 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0073 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 409.02 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.65 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0048 units per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: gross savings in Canada?
- Adjusted savings: gross savings in Canada was 455.84 billion current US$ in 2021, according to World Bank national accounts data files.
- What is the highest adjusted savings: gross savings recorded in Canada?
- The highest recorded value was 455.84 billion current US$ in 2021.
- What is the lowest adjusted savings: gross savings recorded in Canada?
- The lowest recorded value was 18.55 billion current US$ in 1970.
- How does Canada rank for adjusted savings: gross savings?
- Canada ranks 11th out of 178 countries with data for 2021.
- Is adjusted savings: gross savings rising or falling in Canada?
- Over the last ten years it is up 21.9%. The long-run trend across the full record is volatile.
- Where does this Canada data come from?
- The figures come from World Bank national accounts data files, published as part of Adjusted savings: gross savings (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.