Canada Gross Savings Rate

1961 - 2020 | Quarterly | % | CEIC Data

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:

Canada Gross Savings Rate

What was Canada's Gross Savings Rate in Sep 2020?

Last Previous Min Max Unit Frequency Range
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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Includes Gross Savings Rate on 115 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
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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Includes 335 key indicators for Canada, curated by CEIC analysts. Instant access to full history data in excel.
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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