Canada Gross Savings
Gross savings as % of GDP NY.GNS.ICTR.ZS
Canada's gross savings was 21.80% in 2025, ranked 83rd globally. This represents a 2.0% increase from 2024. Data from World Bank, covering 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.
Canada’s gross savings ratio has risen modestly since the series began in 1961, moving from 20.41 percent that year to 21.80 percent in 2025, ranking 83rd globally. The indicator reached its all‑time high of 24.62 percent in 2006, a level that reflected strong household and corporate accumulation during the pre‑financial‑crisis boom, before falling to a trough of 14.06 percent in 1992 amid recessionary pressures and fiscal consolidation. Over the 65‑year span, the ratio has hovered around the low‑mid‑20s, closely matching peers such as France (21.63 percent) and Honduras (22.01 percent). The post‑2006 decline and subsequent gradual recovery suggest that future movements will depend on demographic shifts, labour‑market dynamics and policy choices affecting personal income and corporate profits; sustained increases in disposable income and incentives for private capital formation could lift the savings rate further.
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 |
Detected Pattern
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
Canada's gross savings was 21.80% in 2025. Ranked 83rd globally. This represents a 2.0% increase from the previous year.
Canada's gross savings peaked at 24.62% in 2006.
The lowest gross savings in Canada was 14.06% in 1992.
Canada ranks 83rd globally in gross savings as of 2025.
The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.
Canada's gross savings is projected to reach 21.80% by 2025 based on IMF projection.
The gross savings of Canada in 2025 was 21.80%. This ranks 83rd in the world.
Cite this page
@misc{historysaid_canada_gross-savings,
title = {Canada Gross Savings},
url = {https://historysaid.com/canada/gross-savings/},
publisher = {HistorySaid},
year = {2026}
}