Korea - Gross savings

Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in Korea was 31.64 as of 2010. Its highest value over the past 34 years was 39.33 in 1988, while its lowest value was 23.18 in 1981.

Definition: Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.

Source: World Bank national accounts data files.

See also:

Year Value
1976 25.29
1977 27.94
1978 30.04
1979 29.21
1980 23.45
1981 23.18
1982 25.31
1983 27.36
1984 29.20
1985 29.74
1986 34.00
1987 37.87
1988 39.33
1989 36.34
1990 36.83
1991 37.24
1992 36.36
1993 36.32
1994 36.35
1995 36.35
1996 35.14
1997 35.13
1998 37.82
1999 35.48
2000 33.18
2001 31.19
2002 30.44
2003 31.76
2004 33.95
2005 32.03
2006 30.68
2007 30.73
2008 30.48
2009 30.21
2010 31.64

Gross savings (current US$)

The latest value for Gross savings (current US$) in Korea was $321,095,000,000 as of 2010. Over the past 34 years, the value for this indicator has fluctuated between $323,019,000,000 in 2007 and $7,420,173,000 in 1976.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars.

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

See also:

Year Value
1976 $7,420,173,000
1977 $10,523,000,000
1978 $15,310,670,000
1979 $19,011,930,000
1980 $14,716,060,000
1981 $16,166,250,000
1982 $18,847,370,000
1983 $22,675,360,000
1984 $26,631,110,000
1985 $28,045,150,000
1986 $37,034,720,000
1987 $52,333,550,000
1988 $73,221,650,000
1989 $83,580,050,000
1990 $97,080,610,000
1991 $114,590,000,000
1992 $119,755,000,000
1993 $131,270,000,000
1994 $153,540,000,000
1995 $187,325,000,000
1996 $195,184,000,000
1997 $180,405,000,000
1998 $128,517,000,000
1999 $156,197,000,000
2000 $176,099,000,000
2001 $157,002,000,000
2002 $175,397,000,000
2003 $204,660,000,000
2004 $245,818,000,000
2005 $270,369,000,000
2006 $292,496,000,000
2007 $323,019,000,000
2008 $286,015,000,000
2009 $253,070,000,000
2010 $321,095,000,000

Gross savings (current LCU)

The value for Gross savings (current LCU) in Korea was 371,205,000,000,000 as of 2010. As the graph below shows, over the past 34 years this indicator reached a maximum value of 371,205,000,000,000 in 2010 and a minimum value of 3,591,360,000,000 in 1976.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current local currency.

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

Year Value
1976 3,591,360,000,000
1977 5,093,130,000,000
1978 7,410,360,000,000
1979 9,201,780,000,000
1980 8,938,980,000,000
1981 11,009,700,000,000
1982 13,778,900,000,000
1983 17,590,400,000,000
1984 21,464,100,000,000
1985 24,399,800,000,000
1986 32,644,300,000,000
1987 43,048,000,000,000
1988 53,559,400,000,000
1989 56,120,700,000,000
1990 68,709,800,000,000
1991 84,034,800,000,000
1992 93,486,900,000,000
1993 105,366,000,000,000
1994 123,362,000,000,000
1995 144,478,000,000,000
1996 157,016,000,000,000
1997 171,617,000,000,000
1998 180,108,000,000,000
1999 185,690,000,000,000
2000 199,161,000,000,000
2001 202,688,000,000,000
2002 219,437,000,000,000
2003 243,875,000,000,000
2004 281,540,000,000,000
2005 276,890,000,000,000
2006 279,273,000,000,000
2007 300,169,000,000,000
2008 315,203,000,000,000
2009 323,152,000,000,000
2010 371,205,000,000,000

Gross savings (% of GNI)

Gross savings (% of GNI) in Korea was 31.64 as of 2010. Its highest value over the past 34 years was 39.33 in 1988, while its lowest value was 23.18 in 1981.

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
1976 25.29
1977 27.94
1978 30.04
1979 29.21
1980 23.45
1981 23.18
1982 25.31
1983 27.36
1984 29.20
1985 29.74
1986 34.00
1987 37.87
1988 39.33
1989 36.34
1990 36.83
1991 37.24
1992 36.36
1993 36.32
1994 36.35
1995 36.35
1996 35.14
1997 35.13
1998 37.82
1999 35.48
2000 33.18
2001 31.19
2002 30.44
2003 31.76
2004 33.95
2005 32.03
2006 30.68
2007 30.73
2008 30.48
2009 30.21
2010 31.64

Gross savings (% of GDP)

Gross savings (% of GDP) in Korea was 31.65 as of 2010. Its highest value over the past 34 years was 39.06 in 1988, while its lowest value was 22.62 in 1981.

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
1976 25.11
1977 27.75
1978 29.95
1979 29.00
1980 23.05
1981 22.62
1982 24.73
1983 26.83
1984 28.57
1985 29.03
1986 33.27
1987 37.38
1988 39.06
1989 36.26
1990 36.80
1991 37.18
1992 36.30
1993 36.25
1994 36.26
1995 36.22
1996 35.00
1997 34.94
1998 37.20
1999 35.07
2000 33.02
2001 31.12
2002 30.45
2003 31.79
2004 34.05
2005 32.00
2006 30.73
2007 30.79
2008 30.71
2009 30.34
2010 31.65

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts