Ireland - Gross savings (% of GDP)

Gross savings (% of GDP) in Ireland was 37.38 as of 2020. Its highest value over the past 15 years was 37.38 in 2020, while its lowest value was 15.32 in 2011.

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
2005 27.05
2006 27.39
2007 23.95
2008 18.85
2009 15.45
2010 16.92
2011 15.32
2012 15.79
2013 20.66
2014 23.85
2015 30.19
2016 33.56
2017 34.41
2018 33.93
2019 35.39
2020 37.38

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