Canada vs Italy: Gross savings
Gross savings over time
- Canada
- Italy
How they compare
Italy currently reports 597.89 billion current US$ against 515.61 billion current US$ in Canada, a difference of 82.28 billion current US$.
That makes Italy's figure about 1.2 times Canada's.
The two have swapped places 4 times across 56 shared years of data; in 1970 it was Italy ahead.
Globally, Canada ranks 11th and Italy ranks 10th of 177 countries.
Individual pages
About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.