Canada Gross Savings Rate (% of GDP) (2024)
Canada's Gross Savings Rate (% of GDP): 21.4 % of GDP in 2024, -0.5pp YoY. World Bank (NY.GNS.ICTR.ZS), 1990–2024.
Canada (2024)
21.4
% of GDP
-0.5pp YoY
YoY Change
-0.5pp
percentage points
Trend
down
Series length
35
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 21.4 | -0.5pp |
| 2023 | 21.9 | -2.4pp |
| 2022 | 24.3 | +1pp |
| 2021 | 23.3 | +3.8pp |
| 2020 | 19.5 | -0.8pp |
| 2019 | 20.3 | +0.7pp |
| 2018 | 19.6 | -0.3pp |
| 2017 | 19.8 | +0.7pp |
| 2016 | 19.1 | -0.4pp |
| 2015 | 19.6 | -2.6pp |
| 2014 | 22.1 | +0.6pp |
| 2013 | 21.6 | +0.7pp |
| 2012 | 20.9 | +0.1pp |
| 2011 | 20.9 | +1.5pp |
| 2010 | 19.3 | +0.8pp |
| 2009 | 18.5 | -5.7pp |
| 2008 | 24.2 | -0.2pp |
| 2007 | 24.4 | -0.2pp |
| 2006 | 24.6 | +0.2pp |
| 2005 | 24.5 | n/a |
About this Dataset
Canada recorded 21.4 % of GDP in 2024. The most recent year-on-year change was -0.5pp. The historical series (1990–2024) shows a peak of 24.6 in 2006 and a trough of 14.1 in 1992.
Data sourced from World Bank Open Data API. Values use World Bank standardised methodology ensuring cross-country comparability.
The chart above shows the full historical trend; the table below lists annual values with year-on-year changes.
Frequently Asked Questions
This indicator tracks canada gross savings rate (% of gdp) in Canada, published by World Bank. Data covers 1990–2024 at annual frequency using harmonised methodology.
The most recent observation covers 2024. World Bank typically publishes this series with a lag of several months after the reference period. Data is updated annual.
The series peaked at 24.6 % of GDP in 2006 and reached its lowest recorded value of 14.1 in 1992. The latest reading of 21.4 in 2024 represents a year-on-year change of -0.5pp.