Gross savings in Canada
Canada: Gross savings was 22.2% in 2025. ▬ Flat
Gross savings in Canada, 1961–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GNI.
Analysis
The most recent figure for gross savings in Canada is 22.2%, measured in 2025.
Compared with earlier readings it is up 2.5% on the previous year and up 11.7% over ten years.
Over the whole period, gross savings in Canada peaked at 25.0% in 2006 and was at its lowest, 14.6%, in 1992.
Canada ranks 92nd of 177 countries on this measure, in the middle of the range.
Gross savings in Canada, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1961 | 20.5% | — |
| 1962 | 21.7% | +6.3% |
| 1963 | 22.0% | +1.1% |
| 1964 | 23.2% | +5.6% |
| 1965 | 24.3% | +4.5% |
| 1966 | 24.7% | +2.0% |
| 1967 | 22.9% | -7.3% |
| 1968 | 22.3% | -2.6% |
| 1969 | 22.3% | -0.2% |
| 1970 | 21.5% | -3.4% |
| 1971 | 21.6% | +0.3% |
| 1972 | 21.6% | +0.0% |
| 1973 | 23.7% | +9.8% |
| 1974 | 24.7% | +3.9% |
| 1975 | 21.6% | -12.5% |
| 1976 | 22.3% | +3.3% |
| 1977 | 21.0% | -5.6% |
| 1978 | 20.8% | -1.1% |
| 1979 | 22.7% | +8.9% |
| 1980 | 22.8% | +0.5% |
| 1981 | 23.3% | +2.1% |
| 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 | 19.9% | -0.9% |
| 2019 | 20.5% | +2.9% |
| 2020 | 19.6% | -4.4% |
| 2021 | 23.5% | +20.0% |
| 2022 | 24.3% | +3.2% |
| 2023 | 22.3% | -8.2% |
| 2024 | 21.7% | -2.7% |
| 2025 | 22.2% | +2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 22.7% | 20.5% | 24.7% | 9 |
| 1970s | 22.1% | 20.8% | 24.7% | 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 | 22.3% | 19.6% | 24.3% | 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)
- Services, value added (current US$), annual growth rate 5.51 % change on previous year (2022)
- Services, value added (current US$), per unit of GDP 0.6411 current US$ per US$ of GDP (2022)
- Services, value added (current US$), per capita 36,221 current US$ per person (2022)
- Services, value added (current LCU), annual growth rate 9.53 % change on previous year (2022)
- Services, value added (current LCU), per unit of GDP 0.8344 current LCU per US$ of GDP (2022)
- Services, value added (current LCU), per capita 47,143 current LCU per person (2022)
- Services, value added (constant 2015 US$), annual growth rate 1.54 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5637 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross savings in Canada?
- Gross savings in Canada was 22.2% 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 25.0% in 2006.
- What is the lowest gross savings recorded in Canada?
- The lowest recorded value was 14.6% in 1992.
- How does Canada rank for gross savings?
- Canada ranks 92nd out of 177 countries with data for 2025.
- Is gross savings rising or falling in Canada?
- Over the last ten years it is up 11.7%. 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 Offices (NSOs), published as part of Gross savings (% of GNI). 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 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.