Adjusted savings: net national savings in Canada
Canada: Adjusted savings: net national savings was 6.6% in 2021. ◆ Volatile
Adjusted savings: net national savings in Canada, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
Canada recorded 6.6% for adjusted savings: net national savings in 2021.
That represents a change of up 472.5% on the previous year and up 27.5% over ten years.
Over the whole period, adjusted savings: net national savings in Canada peaked at 10.3% in 2005 and was at its lowest, -1.4%, in 1992.
Canada ranks 107th of 177 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: net national savings in Canada, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 6.3% | — |
| 1971 | 6.4% | +1.6% |
| 1972 | 6.8% | +7.2% |
| 1973 | 9.1% | +32.4% |
| 1974 | 9.7% | +7.5% |
| 1975 | 6.4% | -34.1% |
| 1976 | 7.4% | +15.5% |
| 1977 | 6.1% | -17.5% |
| 1978 | 5.7% | -6.6% |
| 1979 | 7.4% | +28.9% |
| 1980 | 7.0% | -5.4% |
| 1981 | 7.1% | +2.2% |
| 1982 | 3.4% | -52.3% |
| 1983 | 4.1% | +22.2% |
| 1984 | 5.6% | +34.3% |
| 1985 | 5.4% | -2.6% |
| 1986 | 3.7% | -31.0% |
| 1987 | 5.5% | +45.8% |
| 1988 | 6.5% | +19.9% |
| 1989 | 5.5% | -15.5% |
| 1990 | 2.6% | -53.2% |
| 1991 | -0.1% | -105.1% |
| 1992 | -1.4% | +988.7% |
| 1993 | -0.4% | -74.7% |
| 1994 | 1.9% | -626.6% |
| 1995 | 4.1% | +112.2% |
| 1996 | 4.4% | +9.4% |
| 1997 | 5.1% | +14.8% |
| 1998 | 4.2% | -17.8% |
| 1999 | 5.9% | +41.6% |
| 2000 | 9.1% | +53.3% |
| 2001 | 7.5% | -17.4% |
| 2002 | 6.5% | -13.2% |
| 2003 | 7.3% | +11.7% |
| 2004 | 9.4% | +28.9% |
| 2005 | 10.3% | +9.7% |
| 2006 | 10.1% | -1.6% |
| 2007 | 9.6% | -5.0% |
| 2008 | 8.9% | -7.5% |
| 2009 | 1.5% | -83.4% |
| 2010 | 3.2% | +119.1% |
| 2011 | 5.2% | +60.3% |
| 2012 | 4.9% | -5.0% |
| 2013 | 5.4% | +10.8% |
| 2014 | 6.0% | +11.2% |
| 2015 | 2.4% | -60.2% |
| 2016 | 1.7% | -27.9% |
| 2017 | 3.3% | +89.5% |
| 2018 | 3.2% | -3.3% |
| 2019 | 3.5% | +8.9% |
| 2020 | 1.2% | -66.7% |
| 2021 | 6.6% | +472.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.1% | 5.7% | 9.7% | 10 |
| 1980s | 5.4% | 3.4% | 7.1% | 10 |
| 1990s | 2.6% | -1.4% | 5.9% | 10 |
| 2000s | 8.0% | 1.5% | 10.3% | 10 |
| 2010s | 3.9% | 1.7% | 6.0% | 10 |
| 2020s | 3.9% | 1.2% | 6.6% | 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)
- Gross capital formation (current US$), annual growth rate 2.13 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2315 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 12,896 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 4.28 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 0.3237 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 18,031 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 1.45 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1752 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: net national savings in Canada?
- Adjusted savings: net national savings in Canada was 6.6% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Canada?
- The highest recorded value was 10.3% in 2005.
- What is the lowest adjusted savings: net national savings recorded in Canada?
- The lowest recorded value was -1.4% in 1992.
- How does Canada rank for adjusted savings: net national savings?
- Canada ranks 107th out of 177 countries with data for 2021.
- Is adjusted savings: net national savings rising or falling in Canada?
- Over the last ten years it is up 27.5%. The long-run trend across the full record is volatile.
- Where does this Canada data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. 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.