Adjusted savings: gross savings in Canada
Canada: Adjusted savings: gross savings was 23.1% in 2021. ▬ Flat
Adjusted savings: gross savings in Canada, 1970–2021
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GNI.
Analysis
In 2021, adjusted savings: gross savings in Canada stood at 23.1%.
That represents a change of up 20.9% on the previous year and up 8.6% over ten years.
Over the whole period, adjusted savings: gross savings in Canada peaked at 25.0% in 2006 and was at its lowest, 14.6%, in 1992.
That places Canada 85th out of 178 countries with data for 2021, putting it in the middle of the range.
Adjusted savings: gross savings in Canada, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 21.3% | — |
| 1971 | 21.4% | +0.2% |
| 1972 | 21.4% | +0.1% |
| 1973 | 23.5% | +10.0% |
| 1974 | 24.5% | +4.0% |
| 1975 | 21.4% | -12.5% |
| 1976 | 22.3% | +3.9% |
| 1977 | 21.1% | -5.4% |
| 1978 | 20.8% | -1.1% |
| 1979 | 22.7% | +8.9% |
| 1980 | 22.8% | +0.5% |
| 1981 | 23.3% | +2.0% |
| 1982 | 20.6% | -11.4% |
| 1983 | 20.7% | +0.2% |
| 1984 | 21.6% | +4.5% |
| 1985 | 21.2% | -1.8% |
| 1986 | 19.6% | -7.3% |
| 1987 | 20.8% | +6.0% |
| 1988 | 21.7% | +4.1% |
| 1989 | 20.9% | -3.7% |
| 1990 | 18.4% | -11.7% |
| 1991 | 15.7% | -15.0% |
| 1992 | 14.6% | -6.9% |
| 1993 | 15.4% | +5.7% |
| 1994 | 17.6% | +14.3% |
| 1995 | 19.6% | +11.4% |
| 1996 | 20.1% | +2.6% |
| 1997 | 20.8% | +3.5% |
| 1998 | 20.5% | -1.8% |
| 1999 | 21.8% | +6.7% |
| 2000 | 24.4% | +11.8% |
| 2001 | 23.3% | -4.6% |
| 2002 | 22.3% | -4.3% |
| 2003 | 22.5% | +0.9% |
| 2004 | 24.2% | +7.5% |
| 2005 | 25.0% | +3.2% |
| 2006 | 25.0% | +0.2% |
| 2007 | 24.8% | -1.0% |
| 2008 | 24.6% | -0.6% |
| 2009 | 18.8% | -23.4% |
| 2010 | 19.7% | +4.5% |
| 2011 | 21.3% | +7.9% |
| 2012 | 21.3% | +0.2% |
| 2013 | 21.9% | +3.0% |
| 2014 | 22.5% | +2.6% |
| 2015 | 19.9% | -11.7% |
| 2016 | 19.4% | -2.5% |
| 2017 | 20.1% | +3.7% |
| 2018 | 20.0% | -0.6% |
| 2019 | 20.3% | +1.5% |
| 2020 | 19.1% | -5.8% |
| 2021 | 23.1% | +20.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.0% | 20.8% | 24.5% | 10 |
| 1980s | 21.3% | 19.6% | 23.3% | 10 |
| 1990s | 18.5% | 14.6% | 21.8% | 10 |
| 2000s | 23.5% | 18.8% | 25.0% | 10 |
| 2010s | 20.6% | 19.4% | 22.5% | 10 |
| 2020s | 21.1% | 19.1% | 23.1% | 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)
- Imports of goods and services (constant 2015 US$), annual growth rate -0.4076 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.2674 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 14,895 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -371.6 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -381.5 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 36.61 % change on previous year (2022)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0252 current LCU per US$ of GDP (2022)
- Agriculture, forestry, and fishing, value added (current LCU), per 1,421 current LCU per person (2022)
Frequently asked questions
- What is adjusted savings: gross savings in Canada?
- Adjusted savings: gross savings in Canada was 23.1% in 2021, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest adjusted savings: gross savings recorded in Canada?
- The highest recorded value was 25.0% in 2006.
- What is the lowest adjusted savings: gross savings recorded in Canada?
- The lowest recorded value was 14.6% in 1992.
- How does Canada rank for adjusted savings: gross savings?
- Canada ranks 85th 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 8.6%. The long-run trend across the full record is flat.
- Where does this Canada data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Adjusted savings: gross savings (% of GNI). 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. 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.