Singapore - Gross domestic savings (% of GDP)

Gross domestic savings (% of GDP) in Singapore was 54.57 as of 2020. Its highest value over the past 60 years was 55.47 in 2018, while its lowest value was 0.66 in 1961.

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 3.05
1961 0.66
1962 3.44
1963 6.95
1964 7.51
1965 10.79
1966 12.91
1967 14.13
1968 16.40
1969 20.80
1970 21.02
1971 21.66
1972 26.45
1973 27.62
1974 29.32
1975 29.44
1976 31.40
1977 32.01
1978 33.21
1979 36.20
1980 39.85
1981 42.69
1982 43.53
1983 45.57
1984 45.85
1985 41.85
1986 40.75
1987 41.36
1988 43.68
1989 44.44
1990 45.91
1991 47.51
1992 47.84
1993 47.36
1994 48.86
1995 50.88
1996 50.62
1997 51.46
1998 51.05
1999 48.71
2000 47.64
2001 42.15
2002 41.98
2003 43.05
2004 47.68
2005 50.25
2006 51.99
2007 54.10
2008 49.94
2009 50.97
2010 53.97
2011 54.15
2012 53.84
2013 52.92
2014 52.78
2015 52.65
2016 53.23
2017 54.63
2018 55.47
2019 54.06
2020 54.57

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts