China - Gross savings (% of GDP)

Gross savings (% of GDP) in China was 44.53 as of 2020. Its highest value over the past 38 years was 51.79 in 2008, while its lowest value was 33.15 in 1983.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1982 33.80
1983 33.15
1984 34.90
1985 35.28
1986 35.25
1987 37.23
1988 37.98
1989 35.88
1990 36.69
1991 38.50
1992 40.61
1993 41.71
1994 41.70
1995 39.53
1996 38.76
1997 39.74
1998 38.35
1999 36.56
2000 35.74
2001 37.27
2002 38.88
2003 42.41
2004 45.67
2005 45.95
2006 48.26
2007 50.28
2008 51.79
2009 50.37
2010 51.33
2011 49.23
2012 48.67
2013 47.38
2014 47.62
2015 45.42
2016 44.38
2017 44.91
2018 44.49
2019 43.77
2020 44.53

Statistical Concept and Methodology: Gross savings represent the difference between disposable income and consumption and replace gross domestic savings, a concept used by the World Bank and included in World Development Indicators editions before 2006. The change was made to conform to SNA concepts and definitions.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts