Hong Kong SAR, China - Gross savings (% of GDP)

Gross savings (% of GDP) in Hong Kong SAR, China was 25.52 as of 2020. Its highest value over the past 22 years was 36.02 in 2008, while its lowest value was 24.04 in 2019.

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
1998 30.70
1999 31.42
2000 31.98
2001 31.63
2002 31.07
2003 33.17
2004 32.31
2005 32.94
2006 34.98
2007 34.42
2008 36.02
2009 31.73
2010 30.89
2011 29.70
2012 26.80
2013 25.55
2014 25.21
2015 24.86
2016 25.46
2017 26.65
2018 25.73
2019 24.04
2020 25.52

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