Gross national savings — all countries

Gross national savings — Canada

Gross national savings in Canada in 2025 — 22.2%. Ranked 44 in the world out of 73. Since 1961, the indicator has risen by 1.8 pp.

2025 22.2% +0.9 pp vs 2024
World rank 44of 73
Period maximum 24.6%2006
Period minimum 14.1%1992

Trend over time

1961–2025 · % of GDP

Gross national savings — Canada, 1961–20251015202519611968197519821989199620032010201720241961: 20.4%1963: 21.8%1965: 24%1967: 22.6%1969: 22%1971: 21.3%1973: 23.4%1975: 21.2%1977: 20.6%1979: 22.1%1981: 22.5%1983: 20.1%1985: 20.5%1987: 20.2%1989: 20.1%1991: 15.1%1993: 14.9%1995: 18.9%1997: 20.2%1999: 21.1%2001: 22.6%2003: 21.9%2005: 24.5%2007: 24.4%2009: 18.5%2011: 20.9%2013: 21.6%2015: 19.6%2017: 19.8%2019: 20.3%2021: 23.3%2023: 21.9%2025: 22.2%
Change over the period: +1.8 pp Annual average: 0.03 pp
Gross national savings — Canada, by year Canada All countries CSV XLSX
Year % Change, pp
2025 22.2 +0.9 pp
2024 21.3 −0.6 pp
2023 21.9 −2 pp
2022 23.9 +0.6 pp
2021 23.3 +3.8 pp
2020 19.5 −0.8 pp
2019 20.3 +0.7 pp
2018 19.6 −0.3 pp
2017 19.8 +0.7 pp
2016 19.1 −0.4 pp
2015 19.6 −2.6 pp
2014 22.1 +0.6 pp
2013 21.6 +0.7 pp
2012 20.9 +0.1 pp
2011 20.9 +1.5 pp
2010 19.3 +0.8 pp
2009 18.5 −5.7 pp
2008 24.2 −0.2 pp
2007 24.4 −0.2 pp
2006 24.6 +0.2 pp
2005 24.5 +0.8 pp
2004 23.7 +1.7 pp
2003 21.9 +0.2 pp
2002 21.7 −0.9 pp
2001 22.6 −1.1 pp
2000 23.8 +2.7 pp
1999 21.1 +1.3 pp
1998 19.8 −0.4 pp
1997 20.2 +0.7 pp
1996 19.5 +0.5 pp
1995 18.9 +2 pp
1994 17 +2.1 pp
1993 14.9 +0.8 pp
1992 14.1 −1.1 pp
1991 15.1 −2.6 pp
1990 17.8 −2.4 pp
1989 20.1 −0.8 pp
1988 21 +0.8 pp
1987 20.2 +1.2 pp
1986 19 −1.6 pp
1985 20.5 −0.4 pp
1984 20.9 +0.9 pp
1983 20.1 +0.2 pp
1982 19.9 −2.6 pp
1981 22.5 +0.3 pp
1980 22.2 +0.1 pp
1979 22.1 +1.8 pp
1978 20.3 −0.3 pp
1977 20.6 −1.3 pp
1976 21.9 +0.6 pp
1975 21.2 −3 pp
1974 24.3 +0.9 pp
1973 23.4 +2.1 pp
1972 21.3 +0 pp
1971 21.3 +0.1 pp
1970 21.2 −0.8 pp
1969 22 −0 pp
1968 22.1 −0.6 pp
1967 22.6 −1.9 pp
1966 24.5 +0.5 pp
1965 24 +1 pp
1964 23 +1.2 pp
1963 21.8 +0.2 pp
1962 21.7 +1.2 pp
1961 20.4

About the indicator

Gross national savings as a percent of GDP — what is left of national income after all consumption, private and public. Savings and capital formation differ by the balance of external transactions: a country that saves more than it invests at home exports capital, and one that invests more than it saves imports it. Hence the stable link with the current account balance, which is exactly what this indicator makes visible.

Important: The difference between savings and capital formation is approximately equal to the current account balance — that is an identity of the national accounts, not a coincidence.

Source: World Development Indicators (World Bank), license CC BY 4.0.