India - Gross domestic savings

Gross domestic savings (current US$)

The latest value for Gross domestic savings (current US$) in India was $769,286,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $812,020,000,000 in 2019 and $2,237,562,000 in 1960.

Definition: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars.

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

See also:

Year Value
1960 $2,237,562,000
1961 $2,691,466,000
1962 $3,246,252,000
1963 $4,643,801,000
1964 $5,362,484,000
1965 $5,160,282,000
1966 $3,014,419,000
1967 $2,741,884,000
1968 $5,285,572,000
1969 $6,566,257,000
1970 $7,096,243,000
1971 $6,766,480,000
1972 $7,427,059,000
1973 $10,335,430,000
1974 $9,715,186,000
1975 $12,582,600,000
1976 $15,624,040,000
1977 $17,681,220,000
1978 $19,238,060,000
1979 $21,890,740,000
1980 $23,294,360,000
1981 $27,536,410,000
1982 $29,466,110,000
1983 $31,351,520,000
1984 $31,907,480,000
1985 $37,413,230,000
1986 $38,071,510,000
1987 $46,379,240,000
1988 $54,204,940,000
1989 $59,992,530,000
1990 $69,457,850,000
1991 $59,161,710,000
1992 $67,269,620,000
1993 $65,762,420,000
1994 $80,913,470,000
1995 $92,806,000,000
1996 $98,671,740,000
1997 $104,214,000,000
1998 $102,310,000,000
1999 $109,268,000,000
2000 $113,882,000,000
2001 $116,951,000,000
2002 $132,114,000,000
2003 $167,847,000,000
2004 $221,565,000,000
2005 $264,615,000,000
2006 $320,512,000,000
2007 $418,282,000,000
2008 $393,054,000,000
2009 $437,193,000,000
2010 $574,192,000,000
2011 $596,289,000,000
2012 $600,474,000,000
2013 $595,248,000,000
2014 $640,927,000,000
2015 $642,950,000,000
2016 $697,531,000,000
2017 $808,902,000,000
2018 $804,780,000,000
2019 $812,020,000,000
2020 $769,286,000,000

Gross domestic savings (current LCU)

The value for Gross domestic savings (current LCU) in India was 57,100,200,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 57,569,800,000,000 in 2019 and a minimum value of 10,655,050,000 in 1960.

Definition: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current local currency.

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

Year Value
1960 10,655,050,000
1961 12,816,490,000
1962 15,458,330,000
1963 22,113,310,000
1964 25,535,610,000
1965 24,573,260,000
1966 21,100,930,000
1967 20,564,130,000
1968 39,641,790,000
1969 49,246,920,000
1970 53,221,820,000
1971 50,353,430,000
1972 57,415,630,000
1973 81,267,460,000
1974 77,484,430,000
1975 108,882,000,000
1976 139,652,000,000
1977 151,395,000,000
1978 157,871,000,000
1979 176,798,000,000
1980 183,858,000,000
1981 245,884,000,000
1982 283,709,000,000
1983 323,300,000,000
1984 379,278,000,000
1985 457,841,000,000
1986 486,801,000,000
1987 601,469,000,000
1988 784,709,000,000
1989 999,620,000,000
1990 1,246,660,000,000
1991 1,450,560,000,000
1992 1,776,680,000,000
1993 2,062,590,000,000
1994 2,540,500,000,000
1995 3,105,490,000,000
1996 3,502,930,000,000
1997 3,872,420,000,000
1998 4,303,380,000,000
1999 4,735,050,000,000
2000 5,202,740,000,000
2001 5,577,810,000,000
2002 6,395,110,000,000
2003 7,712,980,000,000
2004 9,955,300,000,000
2005 11,715,500,000,000
2006 14,503,000,000,000
2007 16,840,300,000,000
2008 18,078,000,000,000
2009 20,742,000,000,000
2010 26,161,500,000,000
2011 28,575,100,000,000
2012 32,671,200,000,000
2013 36,013,600,000,000
2014 39,188,600,000,000
2015 42,092,900,000,000
2016 46,784,800,000,000
2017 52,137,700,000,000
2018 56,272,600,000,000
2019 57,569,800,000,000
2020 57,100,200,000,000

Gross domestic savings (% of GDP)

Gross domestic savings (% of GDP) in India was 28.92 as of 2020. Its highest value over the past 60 years was 34.38 in 2007, while its lowest value was 5.47 in 1967.

Definition: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption).

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

See also:

Year Value
1960 6.04
1961 6.86
1962 7.70
1963 9.59
1964 9.49
1965 8.66
1966 6.57
1967 5.47
1968 9.96
1969 11.23
1970 11.37
1971 10.05
1972 10.39
1973 12.09
1974 9.76
1975 12.78
1976 15.21
1977 14.55
1978 14.01
1979 14.31
1980 12.50
1981 14.23
1982 14.68
1983 14.36
1984 15.04
1985 16.09
1986 15.29
1987 16.62
1988 18.28
1989 20.26
1990 21.64
1991 21.90
1992 23.34
1993 23.55
1994 24.72
1995 25.76
1996 25.11
1997 25.06
1998 24.28
1999 23.82
2000 24.31
2001 24.09
2002 25.66
2003 27.62
2004 31.24
2005 32.26
2006 34.09
2007 34.38
2008 32.78
2009 32.58
2010 34.27
2011 32.71
2012 32.86
2013 32.06
2014 31.43
2015 30.56
2016 30.40
2017 30.51
2018 29.79
2019 28.29
2020 28.92

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts