Gross savings (% of GDP) - Country Ranking - Europe

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: Thematic map, Time series comparison

Find indicator:
Rank Country Value Year
1 Ireland 37.38 2020
2 Norway 31.96 2020
3 Switzerland 31.32 2020
4 Denmark 31.06 2020
5 Sweden 30.39 2020
6 Estonia 29.93 2019
7 Czech Republic 28.77 2020
8 Netherlands 28.73 2020
9 Belarus 28.21 2020
10 Germany 28.12 2020
11 Austria 27.70 2020
12 Slovenia 27.46 2020
13 Turkey 26.88 2020
14 North Macedonia 26.34 2020
15 Hungary 25.80 2020
16 Latvia 25.22 2020
17 Belgium 25.00 2020
18 Finland 24.93 2020
19 Malta 22.77 2020
20 Croatia 21.89 2020
21 Spain 21.51 2020
22 France 21.47 2020
23 Italy 21.34 2020
24 Luxembourg 21.33 2020
25 Bulgaria 21.22 2020
26 Lithuania 20.80 2020
27 Serbia 20.61 2020
28 Poland 20.11 2020
29 Romania 19.37 2020
30 Slovak Republic 18.17 2020
31 Portugal 17.30 2020
32 Iceland 17.03 2020
33 Moldova 16.76 2020
34 Bosnia and Herzegovina 15.72 2020
35 United Kingdom 14.03 2020
36 Ukraine 11.65 2020
37 Albania 11.07 2020
38 Cyprus 8.77 2020
39 Greece 7.31 2020
40 Montenegro 5.23 2020

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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