North America - Gross savings (% of GDP)

Gross savings (% of GDP) in North America was 19.22 as of 2020. Its highest value over the past 50 years was 23.74 in 1973, while its lowest value was 14.25 in 2009.

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:

1970
1975
1980
1985
1990
1995
2000
2005
2010
2015
2020
0.00
5.00
10.00
15.00
20.00
25.00
30.00
Year Value
1970 21.52
1971 21.45
1972 22.03
1973 23.74
1974 22.81
1975 20.94
1976 21.50
1977 22.08
1978 23.17
1979 23.40
1980 22.20
1981 23.29
1982 21.63
1983 19.82
1984 21.83
1985 20.38
1986 18.96
1987 19.67
1988 20.67
1989 19.79
1990 18.68
1991 18.50
1992 17.38
1993 16.86
1994 17.78
1995 18.77
1996 19.63
1997 20.78
1998 21.24
1999 20.93
2000 21.05
2001 19.89
2002 18.62
2003 17.78
2004 18.21
2005 18.63
2006 19.63
2007 18.00
2008 15.86
2009 14.25
2010 15.70
2011 16.71
2012 18.86
2013 19.31
2014 20.38
2015 20.16
2016 18.97
2017 19.55
2018 19.64
2019 19.55
2020 19.22

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