Canada: Savings, in dollars
* indicates monthly or quarterly data series
| Canada |
Savings, billion USD |
|---|---|
| Latest value | 467.59 |
| Year | 2023 |
| Measure | billion U.S. dollars |
| Data availability | 1961 - 2023 |
| Average | 161.61 |
| Min - Max | 8.38 - 520.37 |
| Source | The World Bank |
The latest value from 2023 is 467.59 billion U.S. dollars, a decline from 520.37 billion U.S. dollars in 2022. In comparison, the world average is 139.48 billion U.S. dollars, based on data from 89 countries. Historically, the average for Canada from 1961 to 2023 is 161.61 billion U.S. dollars. The minimum value, 8.38 billion U.S. dollars, was reached in 1961 while the maximum of 520.37 billion U.S. dollars was recorded in 2022.
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Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars.
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What factors determine the exchange rates
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Share of industry | 22.45 | 2020 | percent |
| Share of manufacturing | 9.02 | 2020 | percent |
| Share of services | 69.56 | 2020 | percent |
| Industry value added | 371.73 | 2020 | billion U.S. dollars |
| Manufacturing value added | 149.27 | 2020 | billion U.S. dollars |
| Services value added | 1,151.69 | 2020 | billion U.S. dollars |
| Savings, percent of GDP | 21.84 | 2023 | percent |
| Savings, in dollars | 467.59 | 2023 | billion U.S. dollars |