Canada Gross Savings Rate
Canada Gross Savings Rate was measured at 22.6 % in Sep 2020, compared with 16.5 % in the previous quarter. Canada Gross Savings Rate is updated quarterly, available from Mar 1961 to Sep 2020, with an average rate of 22.7 %. The data reached an all-time high of 34.5 % in Sep 1966 and a record low of 16.3 % in Mar 1992. CEIC calculates Gross Domestic Savings Rate from quarterly Gross Domestic Savings and quarterly Nominal GDP. Gross Domestic Savings is calculated as Nominal GDP less Final Consumption Expenditure. Statistics Canada provides Final Consumption Expenditure in local currency and Nominal GDP in local currency.
In the latest reports, Canada GDP contracted 13.0 % YoY in Jun 2020. Canada Nominal GDP reached 359.0 USD bn in Jun 2020. Its GDP deflator (implicit price deflator) fell 0.8 % in Jun 2020. Canada GDP Per Capita reached 43,838.9 USD in Jun 2020.
View Canada's Gross Savings Rate from Mar 1961 to Sep 2020 in the chart:
What was Canada's Gross Savings Rate in Sep 2020?
|22.6 Sep 2020||16.5 Jun 2020||16.3 Mar 1992||34.5 Sep 1966||%||quarterly||Mar 1961 - Sep 2020|
Gross Savings Rate by Country Comparison
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|Albania (%)||8.8 Sep 2020||quarterly||Mar 2008 - Sep 2020|
|Algeria (%)||37.6 2016||yearly||2000 - 2016|
|Argentina (%)||22.8 Sep 2020||quarterly||Mar 2004 - Sep 2020|
|Armenia (%)||10.3 Sep 2020||quarterly||Dec 1994 - Sep 2020|
|Australia (%)||25.4 Sep 2020||quarterly||Sep 1959 - Sep 2020|
|Austria (%)||27.3 Sep 2020||quarterly||Mar 1995 - Sep 2020|
|Azerbaijan (%)||27.6 Mar 2020||quarterly||Mar 2001 - Mar 2020|
|Bahrain (%)||31.6 2018||yearly||1989 - 2018|
|Bangladesh (%)||30.1 2020||yearly||2006 - 2020|
|Belarus (%)||35.3 Sep 2020||quarterly||Mar 1992 - Sep 2020|
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Canada Key Series
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|Government and Public Finance||Last||Frequency||Range|
|Consolidated Fiscal Balance: % of GDP (%)||-6.4 Jun 2020||quarterly||Jun 1993 - Jun 2020|
|Consolidated Fiscal Balance (USD mn)||-16,582.508 Aug 2020||monthly||May 1992 - Aug 2020|
|Tax Revenue (USD mn)||16,287.638 Oct 2020||monthly||Jan 1996 - Oct 2020|
|Tax Revenue: % of GDP (%)||10.0 Jun 2020||quarterly||Mar 1996 - Jun 2020|
|National Government Debt (USD mn)||884,096.2 2020||yearly||1962 - 2020|
|Government Debt: % of GDP (%)||54.0 2020||yearly||1962 - 2020|
|Forecast: Government Expenditure (CAD bn)||1,102.276 2025||yearly||1980 - 2025|
|Forecast: Government Net Debt (CAD bn)||2,919.284 2025||yearly||1980 - 2025|
|Forecast: Government Revenue (CAD bn)||1,094.790 2025||yearly||1980 - 2025|
|Budgetary Revenue (CAD mn)||24,067.000 Oct 2020||monthly||May 1992 - Oct 2020|
|Budgetary Revenue: Tax Revenues (TR) (CAD mn)||21,529.000 Oct 2020||monthly||Jan 1996 - Oct 2020|
|Budgetary Expense (CAD mn)||-42,573.000 Oct 2020||monthly||May 1992 - Oct 2020|
|Budgetary Balance: Deficit or Surplus (CAD mn)||-18,506.000 Oct 2020||monthly||May 1992 - Oct 2020|
|Budgetary Revenue: TR: Excise Taxes & Duties (CAD mn)||4,682.000 Oct 2020||monthly||Jan 1996 - Oct 2020|
|FIN Forecast: Budgetary Revenue (CAD mn)||417,300.000 2026||yearly||1996 - 2026|
|FIN Forecast: Budgetary Expense (CAD mn)||434,500.000 2026||yearly||1996 - 2026|
|FIN Forecast: Budgetary Balance (CAD mn)||-24,900.000 2026||yearly||1996 - 2026|
|FIN Forecast: Budgetary Revenue: Tax: Excise Taxes & Duties (ET) (CAD mn)||65,700.000 2026||yearly||2000 - 2026|
|Net Financing Activities (CAD mn)||28,736.000 Oct 2020||monthly||Jan 1996 - Oct 2020|
|FIN Forecast: Federal Debt (CAD mn)||1,378,300.000 2026||yearly||1997 - 2026|
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