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Canada - Gross Savings 2020

Name: Canada Gross Savings 2020
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Gross savings as % of GDP · World Bank

19.46% −1.63% from 2019 Global rank: 110th

Canada's gross savings was 19.46% in 2020, decreased +1.63% from 20.26% in 2019. This was the 110th highest globally.

Global Ranking - 2020▾

Gross Savings by Country - 2020
Rank	Country	Value	YoY
1st	Brunei Darussalam	50.89%	-4.9%
2nd	Iran, Islamic Republic of	48.15%	17.0%
3rd	Zambia	46.42%	16.8%
4th	Kiribati	46.11%	-15.2%
5th	Zimbabwe	44.01%	-4.6%
6th	China	43.50%	0.4%
7th	Qatar	41.78%	-9.5%
8th	Singapore	41.63%	4.4%
9th	Macao SAR, China	39.47%	-16.1%
10th	Bermuda	39.28%	2.2%
11th	Mauritania	37.55%	2.9%
12th	Suriname	37.47%	28.5%
13th	Bangladesh	37.19%	19.4%
14th	Tanzania	36.43%	13.9%
15th	Congo, Republic of	36.29%	-3.4%
16th	Tajikistan	36.06%	127.1%
17th	Korea	35.83%	4.3%
18th	Cambodia	35.76%	54.1%
19th	Ireland	34.60%	4.9%
20th	Samoa	33.66%	-5.8%
21st	Algeria	33.34%	-12.9%
22nd	Viet Nam	33.01%	-7.6%
23rd	Vanuatu	32.98%	-35.3%
24th	Nepal	32.82%	-4.7%
25th	Norway	32.44%	-2.9%
26th	San Marino	31.47%	-11.4%
27th	Sri Lanka	31.35%	-2.1%
28th	Switzerland	31.17%	2.2%
29th	Myanmar	30.98%	7.2%
30th	United Arab Emirates	30.89%	-12.9%
31st	Chad	30.28%	-1.1%
32nd	Türkiye	30.10%	1.8%
33rd	Denmark	29.99%	2.2%
34th	Sweden	29.98%	1.1%
35th	Gabon	29.56%	-14.5%
36th	Kyrgyz Republic	29.26%	115.7%
37th	Indonesia	29.22%	-6.0%
38th	Austria	29.21%	4.8%
39th	India	28.68%	-1.9%
40th	Uzbekistan	28.59%	-2.7%
41st	Israel	28.44%	6.5%
42nd	Bahrain	28.24%	-16.1%
43rd	Japan	28.15%	-3.7%
44th	Equatorial Guinea	28.06%	31.4%
45th	Thailand	28.04%	-9.1%
46th	Germany	28.02%	-4.2%
47th	Slovenia	27.85%	1.9%
48th	Morocco	27.70%	2.6%
49th	Belarus	27.47%	0.9%
50th	Estonia	27.15%	-4.3%
51st	North Macedonia	27.12%	-13.3%
52nd	Netherlands	27.06%	-5.2%
53rd	Gambia, The	26.89%	101.2%
54th	Burundi	26.64%	245.2%
55th	Kosovo	26.58%	-8.0%
56th	Hungary	26.48%	-5.6%
57th	Kazakhstan	26.23%	10.4%
58th	Hong Kong SAR, China	25.97%	8.0%
59th	Czechia	25.86%	-2.4%
60th	Russian Federation	25.77%	-2.9%
61st	Finland	25.52%	4.6%
62nd	Senegal	25.49%	6.0%
63rd	Latvia	25.19%	8.7%
64th	Belgium	24.99%	0.8%
65th	Philippines	24.82%	-3.0%
66th	Panama	24.66%	-25.1%
67th	Bhutan	24.44%	-20.4%
68th	European Union	24.28%	-3.9%
69th	Botswana	24.19%	1.5%
70th	Iraq	24.03%	13.5%
71st	Malaysia	23.82%	-3.0%
72nd	Nicaragua	23.75%	0.0%
73rd	Lithuania	23.73%	1.9%
74th	Azerbaijan	23.57%	-13.9%
75th	Guinea-Bissau	23.55%	209.2%
76th	Australia	23.23%	1.7%
77th	Kuwait	22.95%	-35.7%
78th	Dominican Republic	22.93%	-4.1%
79th	Belize	22.73%	130.7%
80th	Croatia	22.58%	-7.5%
81st	Eswatini	22.50%	4.9%
82nd	Antigua and Barbuda	22.43%	-25.1%
83rd	Malta	22.29%	-42.6%
84th	Mexico	22.19%	1.6%
85th	Honduras	21.94%	7.8%
86th	Paraguay	21.90%	3.7%
87th	Uganda	21.81%	22.0%
88th	Italy	21.70%	0.8%
89th	Benin	21.58%	21.4%
90th	Spain	21.42%	-7.0%
91st	Iceland	21.26%	-22.9%
92nd	Poland	21.23%	3.9%
93rd	Ghana	21.08%	21.2%
94th	Angola	20.94%	-42.3%
95th	Tonga	20.79%	3.1%
96th	France	20.78%	-12.0%
97th	Bulgaria	20.70%	-7.4%
98th	Timor-Leste	20.58%	-53.9%
99th	Luxembourg	20.57%	-24.3%
100th	Lesotho	20.50%	5.9%
101st	Serbia	20.46%	11.5%
102nd	New Zealand	20.44%	-3.6%
103rd	Saudi Arabia	19.99%	-33.1%
104th	Peru	19.88%	-3.7%
105th	Ecuador	19.81%	-3.5%
106th	Burkina Faso	19.67%	19.7%
107th	Slovak Republic	19.64%	-4.3%
108th	Congo, Democratic Republic of	19.59%	92.6%
109th	Togo	19.53%	9.6%
110th	Canada	19.46%	-7.7%
111th	Romania	19.25%	-0.8%
112th	St. Kitts and Nevis	19.16%	-24.0%
113th	Chile	19.09%	-3.1%
114th	United States	18.64%	-3.5%
115th	Solomon Islands	18.63%	41.5%
116th	Mali	18.59%	23.3%
117th	Jamaica	18.56%	-18.5%
118th	Guatemala	18.53%	11.0%
119th	Nigeria	18.39%	0.3%
120th	Portugal	18.37%	-3.2%
121st	El Salvador	18.29%	2.1%
122nd	Côte d'Ivoire	17.75%	-6.1%
123rd	Haiti	17.72%	-7.6%
124th	Namibia	17.71%	30.6%
125th	Albania	17.66%	3.1%
126th	Cabo Verde	17.55%	-32.5%
127th	Bosnia and Herzegovina	16.33%	-24.9%
128th	Grenada	16.31%	11.8%
129th	Mongolia	16.31%	-20.0%
130th	Egypt, Arab Republic of	16.28%	-5.5%
131st	Jordan	16.16%	-5.0%
132nd	Moldova	16.12%	2.8%
133rd	Trinidad and Tobago	15.81%	-31.7%
134th	Armenia	15.65%	51.1%
135th	Uruguay	15.61%	1.3%
136th	United Kingdom	15.56%	0.0%
137th	Kenya	15.33%	-10.4%
138th	Marshall Islands	15.13%	177.6%
139th	Mozambique	15.08%	-39.0%
140th	Argentina	15.01%	11.5%
141st	Bolivia, Plurinational State of	14.93%	5.3%
142nd	Costa Rica	14.88%	0.1%
143rd	Brazil	14.84%	23.2%
144th	Pakistan	14.54%	28.5%
145th	Colombia	14.44%	-14.0%
146th	South Africa	14.31%	8.3%
147th	Mauritius	13.36%	-37.8%
148th	Cameroon	13.35%	-7.3%
149th	Niger	13.06%	-27.4%
150th	St. Vincent and the Grenadines	12.40%	-46.6%
151st	Ukraine	12.22%	0.5%
152nd	West Bank and Gaza	12.17%	-17.1%
153rd	Georgia	12.09%	-42.9%
154th	Barbados	11.44%	-2.5%
155th	Oman	11.35%	-48.4%
156th	Djibouti	11.34%	-44.8%
157th	Rwanda	10.97%	-27.5%
158th	Cyprus	10.95%	-21.7%
159th	Central African Republic	10.56%	8.5%
160th	Sierra Leone	10.55%	28.2%
161st	Comoros	10.14%	-22.1%
162nd	Guinea	9.69%	437.1%
163rd	Bahamas, The	8.75%	-63.0%
164th	Madagascar	8.18%	-59.9%
165th	São Tomé and Principe	7.19%	-30.2%
166th	Tunisia	5.62%	-52.0%
167th	Greece	5.49%	-44.3%
168th	St. Lucia	5.34%	-78.6%
169th	Sudan	4.65%	188.8%
170th	South Sudan	4.33%	-71.0%
171st	Montenegro	3.87%	-76.5%
172nd	Aruba	3.69%	-79.6%
173rd	Malawi	2.68%	156.6%
174th	Lebanon	2.24%	123.7%
175th	Maldives	-0.29%	-101.7%
176th	Libya	-0.40%	-102.1%
177th	Afghanistan	-2.74%	-109.2%
178th	Seychelles	-3.58%	-114.9%
179th	Palau	-6.12%	-588.5%
180th	Guyana	-8.29%	85.0%
181st	Yemen, Republic of	-10.10%	-540.8%
182nd	Dominica	-12.93%	11.8%

FAQ

What was Canada's gross savings in 2020?▾

Canada's gross savings in 2020 was 19.46%. This ranked 110th globally.

How did Canada's gross savings change in 2020?▾

Canada's gross savings decreased by 7.7% in 2020 compared to 2019.

Which country had the highest gross savings in 2020?▾

Brunei Darussalam had the highest gross savings in 2020 at 50.89%.

What is the gross savings of Canada in 2020?▾

The gross savings of Canada in 2020 was 19.46%. This ranked 110th globally.

How does 2020 compare to 2019 for Canada's gross savings?▾

Canada's gross savings went from 20.26% in 2019 to 19.46% in 2020, a 7.7% decrease.

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