24Peaks / North America / Canada / Savings Rate and Household Debt Levels

Canada - Savings Rate and Household Debt Levels 22.2

World Bank WDI · updated 2026-10-15 · 180 economies tracked

Latest value

22.2 (2025)

Global rank

##41 of 180 economies

vs global median

0.9×

Growth since 1961

1.09×

Ranking Race — Savings Rate and Household Debt Levels

1 = global #1 · lower value ranks higher

#1#22#43#64#85#106#12719601970198019902000201020202025#1#412024 overtook Cape Verde2025 overtook Angola
CanadaSAO Tome and PrincipeSudanSeychellesMalawi

Real annual global ranks, 1960 - 2025. Canada climbed from #1 to #41 (overtook Cape Verde). Gaps in a lane = missing data that year.

Key events for Canada ↓

Key Events — Canada

Auto-detected from rank data + curated milestones

1994
NAFTA takes effect curated

Continental free trade deepens integration with the US and Mexico.

2009
Climbed 17 places in global rank auto
2009
Global crisis recession curated

Trade collapse hits the open economy.

2015
Climbed 19 places in global rank auto
2015
Oil price shock curated

Crude collapse hurts energy-heavy provinces.

2020
COVID-19 recession curated

Sharpest contraction in decades despite fiscal support.

2021
Fell 17 places in global rank auto
2024
Overtook Cape Verde in global rank auto

Savings Rate and Household Debt Levels, 1961-2025

World Bank WDI · % · linear scale · ranking in the race above
19611976199120062021202514.5818.0621.5325.01

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