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Canada Gross Savings

Gross savings as % of GDP  NY.GNS.ICTR.ZS

21.80% +0.42% (+2.0%)
Year 2025 Rank #83 Global Peak 24.62% (2006) Source World Bank

Canada Gross Savings (1961–2025)

Overview

Canada's gross savings stood at 21.80% in 2025, a rise of +0.42% from 2024. The IMF projects 21.80% by 2025. Canada ranked 83rd globally.

Data & projection

Year Gross Savings YoY change Rank
2030* IMF 22.15% - -
2029* IMF 21.78% - -
2028* IMF 22.00% - -
2027* IMF 21.94% - -
2026* IMF 21.90% - -
2025* IMF 21.80% - -
2025 21.80% +0.42% #83
2024 21.38% −1.89% #97
2023 21.94% −3.08% #93
2022 24.35% +0.07% #79
2021 23.30% +2.65% #87
2020 19.46% −1.63% #110
2019 20.26% −0.74% #108
2018 19.58% −1.17% #112
2017 19.85% +0.17% #109
2016 19.15% −1.18% #115
2015 19.57% −2.98% #111
2014 22.15% +0.38% #90
2013 21.60% +0.26% #93
2012 20.92% −0.52% #87
2011 20.86% +0.94% #92
Show all years (1961-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +17.2% GDP growth 2.0% C/A balance 0.8%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Canada matched the Export Boom Cycle pattern in 2007. Historically, 71% of countries showing this pattern (546 out of 768) saw gross savings improve within 24 months. View full analysis →

Frequently Asked Questions

What is Canada's gross savings?

Canada's gross savings was 21.80% in 2025. Ranked 83rd globally. This represents a 2.0% increase from the previous year.

What was the highest gross savings in Canada?

Canada's gross savings peaked at 24.62% in 2006.

What was the lowest gross savings in Canada?

The lowest gross savings in Canada was 14.06% in 1992.

How does Canada rank in gross savings?

Canada ranks 83rd globally in gross savings as of 2025.

What is the World Bank indicator code for gross savings?

The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.

What is the projected gross savings of Canada in 2025?

Canada's gross savings is projected to reach 21.80% by 2025 based on IMF projection.

What is the gross savings of Canada in 2025?

The gross savings of Canada in 2025 was 21.80%. This ranks 83rd in the world.

Cite this page

APA
Canada Gross Savings. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/canada/gross-savings
BibTeX
@misc{historysaid_canada_gross-savings, title = {Canada Gross Savings}, url = {https://historysaid.com/canada/gross-savings}, publisher = {HistorySaid}, year = {2026} }