Gross savings (current US$) in Canada
Canada: Gross savings (current US$) was 515.53 billion current US$ in 2025. ◆ Volatile
Gross savings in Canada, 1961–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2025, gross savings in Canada stood at 515.53 billion current US$.
The figure is up 6.5% on the previous year and up 69.2% over ten years.
Over the whole period, gross savings in Canada peaked at 526.18 billion current US$ in 2022 and was at its lowest, 8.38 billion current US$, in 1961.
Canada ranks 11th of 178 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings (current US$) in Canada, year by year
| Year | current US$ | Change |
|---|---|---|
| 1961 | 8.38 billion current US$ | — |
| 1962 | 9.17 billion current US$ | +9.4% |
| 1963 | 9.86 billion current US$ | +7.5% |
| 1964 | 11.40 billion current US$ | +15.7% |
| 1965 | 13.14 billion current US$ | +15.3% |
| 1966 | 15.00 billion current US$ | +14.2% |
| 1967 | 14.91 billion current US$ | -0.6% |
| 1968 | 15.89 billion current US$ | +6.6% |
| 1969 | 17.49 billion current US$ | +10.1% |
| 1970 | 18.71 billion current US$ | +6.9% |
| 1971 | 21.20 billion current US$ | +13.3% |
| 1972 | 24.19 billion current US$ | +14.1% |
| 1973 | 30.83 billion current US$ | +27.4% |
| 1974 | 39.09 billion current US$ | +26.8% |
| 1975 | 37.05 billion current US$ | -5.2% |
| 1976 | 45.36 billion current US$ | +22.4% |
| 1977 | 43.74 billion current US$ | -3.6% |
| 1978 | 44.53 billion current US$ | +1.8% |
| 1979 | 53.78 billion current US$ | +20.8% |
| 1980 | 60.92 billion current US$ | +13.3% |
| 1981 | 69.11 billion current US$ | +13.4% |
| 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 | 337.87 billion current US$ | +3.2% |
| 2019 | 353.31 billion current US$ | +4.6% |
| 2020 | 322.23 billion current US$ | -8.8% |
| 2021 | 471.28 billion current US$ | +46.3% |
| 2022 | 526.18 billion current US$ | +11.6% |
| 2023 | 481.39 billion current US$ | -8.5% |
| 2024 | 484.17 billion current US$ | +0.6% |
| 2025 | 515.53 billion current US$ | +6.5% |
Canada compared with similar countries
- Canada's 515.53 billion current US$ is above the median for high income countries, which is 58.75 billion current US$, 8.8× the median. (63 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 12.80 billion current US$ | 8.38 billion current US$ | 17.49 billion current US$ | 9 |
| 1970s | 35.85 billion current US$ | 18.71 billion current US$ | 53.78 billion current US$ | 10 |
| 1980s | 79.12 billion current US$ | 60.92 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 | 348.32 billion current US$ | 292.56 billion current US$ | 399.95 billion current US$ | 10 |
| 2020s | 466.80 billion current US$ | 322.23 billion current US$ | 526.18 billion current US$ | 6 |
Countries ranked near Canada
More economy & growth data for Canada
- Real gdp growth, annual growth rate -14.81 % change on previous year (2025)
- 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)
Frequently asked questions
- What is gross savings in Canada?
- Gross savings in Canada was 515.53 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Canada?
- The highest recorded value was 526.18 billion current US$ in 2022.
- What is the lowest gross savings recorded in Canada?
- The lowest recorded value was 8.38 billion current US$ in 1961.
- How does Canada rank for gross savings?
- Canada ranks 11th out of 178 countries with data for 2025.
- Is gross savings rising or falling in Canada?
- Over the last ten years it is up 69.2%. The long-run trend across the full record is volatile.
- Where does this Canada data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current US$). Statizoid updates them automatically from the source API.
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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 in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.