Canada - Gross savings (current US$)

The latest value for Gross savings (current US$) in Canada was $310,712,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $399,946,000,000 in 2014 and $18,548,480,000 in 1970.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 $18,548,480,000
1971 $20,997,370,000
1972 $23,980,940,000
1973 $30,601,610,000
1974 $38,827,160,000
1975 $36,820,410,000
1976 $45,316,230,000
1977 $43,777,060,000
1978 $44,584,660,000
1979 $53,842,880,000
1980 $60,980,850,000
1981 $69,106,190,000
1982 $62,614,970,000
1983 $68,552,510,000
1984 $74,597,190,000
1985 $75,193,340,000
1986 $71,886,310,000
1987 $87,349,280,000
1988 $106,771,000,000
1989 $114,228,000,000
1990 $105,862,000,000
1991 $92,750,220,000
1992 $83,552,540,000
1993 $86,185,340,000
1994 $98,491,890,000
1995 $114,827,000,000
1996 $122,726,000,000
1997 $132,286,000,000
1998 $125,369,000,000
1999 $143,117,000,000
2000 $177,067,000,000
2001 $167,272,000,000
2002 $165,249,000,000
2003 $196,515,000,000
2004 $242,920,000,000
2005 $286,846,000,000
2006 $324,767,000,000
2007 $358,456,000,000
2008 $376,560,000,000
2009 $254,581,000,000
2010 $312,350,000,000
2011 $374,036,000,000
2012 $382,457,000,000
2013 $398,815,000,000
2014 $399,946,000,000
2015 $304,599,000,000
2016 $292,557,000,000
2017 $327,301,000,000
2018 $338,918,000,000
2019 $348,672,000,000
2020 $310,712,000,000

Statistical Concept and Methodology: Gross savings represent the difference between disposable income and consumption and replace gross domestic savings, a concept used by the World Bank and included in World Development Indicators editions before 2006. The change was made to conform to SNA concepts and definitions.

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts