Germany - Gross savings (% of GDP)

Gross savings (% of GDP) in Germany was 28.12 as of 2020. Its highest value over the past 49 years was 29.85 in 2018, while its lowest value was 18.01 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
1971 26.14
1972 24.98
1973 24.70
1974 23.54
1975 20.02
1976 20.54
1977 20.25
1978 21.14
1979 20.60
1980 19.38
1981 18.01
1982 18.32
1983 18.88
1984 19.50
1985 20.30
1986 21.81
1987 20.97
1988 22.15
1989 23.15
1990 24.40
1991 23.72
1992 23.51
1993 22.51
1994 22.75
1995 23.04
1996 22.52
1997 22.79
1998 23.23
1999 22.56
2000 22.67
2001 22.54
2002 22.64
2003 21.80
2004 24.32
2005 24.13
2006 26.34
2007 28.27
2008 27.15
2009 24.40
2010 25.78
2011 27.82
2012 26.80
2013 26.58
2014 27.59
2015 28.33
2016 28.53
2017 28.88
2018 29.85
2019 29.64
2020 28.12

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