Korea - Gross savings (current LCU)
The value for Gross savings (current LCU) in Korea was 697,295,000,000,000 as of 2020. As the graph below shows, over the past 44 years this indicator reached a maximum value of 697,295,000,000,000 in 2020 and a minimum value of 3,696,860,000,000 in 1976.
Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1976 | 3,696,860,000,000 |
| 1977 | 5,312,630,000,000 |
| 1978 | 7,945,460,000,000 |
| 1979 | 9,933,580,000,000 |
| 1980 | 9,972,220,000,000 |
| 1981 | 12,178,100,000,000 |
| 1982 | 15,135,400,000,000 |
| 1983 | 20,481,400,000,000 |
| 1984 | 25,223,900,000,000 |
| 1985 | 28,237,400,000,000 |
| 1986 | 36,479,700,000,000 |
| 1987 | 47,669,100,000,000 |
| 1988 | 60,467,100,000,000 |
| 1989 | 64,198,300,000,000 |
| 1990 | 78,269,400,000,000 |
| 1991 | 94,659,000,000,000 |
| 1992 | 105,836,000,000,000 |
| 1993 | 120,393,000,000,000 |
| 1994 | 141,162,000,000,000 |
| 1995 | 164,669,000,000,000 |
| 1996 | 176,539,000,000,000 |
| 1997 | 194,654,000,000,000 |
| 1998 | 202,656,000,000,000 |
| 1999 | 209,231,000,000,000 |
| 2000 | 220,862,000,000,000 |
| 2001 | 225,806,000,000,000 |
| 2002 | 246,836,000,000,000 |
| 2003 | 276,179,000,000,000 |
| 2004 | 322,153,000,000,000 |
| 2005 | 323,288,000,000,000 |
| 2006 | 330,748,000,000,000 |
| 2007 | 364,529,000,000,000 |
| 2008 | 384,607,000,000,000 |
| 2009 | 401,157,000,000,000 |
| 2010 | 463,505,000,000,000 |
| 2011 | 481,563,000,000,000 |
| 2012 | 499,199,000,000,000 |
| 2013 | 523,022,000,000,000 |
| 2014 | 546,823,000,000,000 |
| 2015 | 602,667,000,000,000 |
| 2016 | 640,352,000,000,000 |
| 2017 | 679,471,000,000,000 |
| 2018 | 680,597,000,000,000 |
| 2019 | 669,348,000,000,000 |
| 2020 | 697,295,000,000,000 |
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
