Gross savings in Canada
Canada: Gross savings was 515.61 billion current US$ in 2025. ◆ Volatile
Latest (2025)
515.61 billion current US$
Change on year
up 6.5%
World rank
11th
of 178 countries
All-time high
526.18 billion current US$
in 2022
All-time low
8.38 billion current US$
in 1961
Years of data
65
1961–2025
Gross savings in Canada, 1961–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2025, gross savings in Canada stood at 515.61 billion current US$.
The figure is up 6.5% on the previous year and up 69.3% 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$, in 1961.
Canada ranks 11th of 178 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings in Canada, year by year
| Year | current US$ | 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 | 515.61 billion current US$ | +6.5% |
Canada compared with similar countries
- Canada's 515.61 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 | 466.81 billion current US$ | 322.23 billion current US$ | 526.18 billion current US$ | 6 |
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$), annual growth rate 4.88 % change on previous year (2025)
Frequently asked questions
- What is gross savings in Canada?
- Gross savings in Canada was 515.61 billion current US$ 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 69.3%. 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.