South Asia - Gross savings (% of GDP)

Gross savings (% of GDP) in South Asia was 29.55 as of 2020. Its highest value over the past 45 years was 34.61 in 2007, while its lowest value was 12.90 in 1975.

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
1975 12.90
1976 14.08
1977 14.72
1978 14.33
1979 15.19
1980 14.62
1981 16.69
1982 16.91
1983 16.58
1984 16.20
1985 17.15
1986 16.82
1987 17.93
1988 18.54
1989 20.07
1990 21.02
1991 21.74
1992 22.95
1993 23.07
1994 24.89
1995 25.44
1996 25.45
1997 25.99
1998 24.93
1999 24.75
2000 25.41
2001 25.71
2002 27.43
2003 29.29
2004 31.77
2005 32.53
2006 34.08
2007 34.61
2008 33.55
2009 33.57
2010 34.32
2011 33.16
2012 33.56
2013 32.72
2014 31.98
2015 31.12
2016 29.65
2017 30.18
2018 29.59
2019 28.58
2020 29.55

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