Canada vs South Korea: Gross savings
Gross savings over time
- Canada
- South Korea
How they compare
South Korea currently reports 666.54 billion current US$ against 515.61 billion current US$ in Canada, a difference of 150.94 billion current US$.
That makes South Korea's figure about 1.3 times Canada's.
The two have swapped places 3 times across 50 shared years of data; in 1976 it was Canada ahead.
Globally, Canada ranks 11th and South Korea ranks 9th of 177 countries.
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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.