Korea - Gross domestic savings (% of GDP)

Gross domestic savings (% of GDP) in Korea was 35.52 as of 2020. Its highest value over the past 60 years was 41.20 in 1988, while its lowest value was 0.63 in 1960.

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 0.63
1961 2.87
1962 3.32
1963 8.88
1964 9.02
1965 7.60
1966 11.73
1967 10.97
1968 14.41
1969 17.87
1970 16.37
1971 14.42
1972 16.78
1973 22.39
1974 21.53
1975 19.81
1976 24.83
1977 28.26
1978 30.39
1979 30.18
1980 25.37
1981 25.15
1982 26.63
1983 30.43
1984 32.89
1985 33.44
1986 36.49
1987 39.25
1988 41.20
1989 38.64
1990 38.80
1991 38.92
1992 38.01
1993 38.14
1994 37.97
1995 38.00
1996 36.36
1997 36.39
1998 38.28
1999 36.31
2000 34.60
2001 32.84
2002 32.16
2003 33.78
2004 36.02
2005 34.82
2006 33.60
2007 34.08
2008 33.42
2009 33.67
2010 35.36
2011 34.43
2012 34.05
2013 34.52
2014 34.84
2015 36.38
2016 36.80
2017 37.04
2018 35.92
2019 34.29
2020 35.52

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts