United Kingdom - Gross savings (% of GDP)
Gross savings (% of GDP) in United Kingdom was 14.03 as of 2020. Its highest value over the past 50 years was 23.80 in 1970, while its lowest value was 11.68 in 2013.
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 |
|---|---|
| 1970 | 23.80 |
| 1971 | 22.79 |
| 1972 | 21.44 |
| 1973 | 22.26 |
| 1974 | 19.37 |
| 1975 | 18.60 |
| 1976 | 19.92 |
| 1977 | 21.09 |
| 1978 | 21.45 |
| 1979 | 20.57 |
| 1980 | 18.97 |
| 1981 | 17.72 |
| 1982 | 17.56 |
| 1983 | 18.20 |
| 1984 | 18.50 |
| 1985 | 18.03 |
| 1986 | 16.81 |
| 1987 | 17.06 |
| 1988 | 17.24 |
| 1989 | 16.97 |
| 1990 | 15.69 |
| 1991 | 14.99 |
| 1992 | 13.96 |
| 1993 | 13.81 |
| 1994 | 15.97 |
| 1995 | 14.87 |
| 1996 | 15.09 |
| 1997 | 15.79 |
| 1998 | 16.87 |
| 1999 | 15.41 |
| 2000 | 16.04 |
| 2001 | 16.07 |
| 2002 | 16.00 |
| 2003 | 15.95 |
| 2004 | 15.20 |
| 2005 | 15.81 |
| 2006 | 15.23 |
| 2007 | 15.01 |
| 2008 | 13.55 |
| 2009 | 11.70 |
| 2010 | 12.99 |
| 2011 | 13.93 |
| 2012 | 12.44 |
| 2013 | 11.68 |
| 2014 | 12.46 |
| 2015 | 12.53 |
| 2016 | 12.48 |
| 2017 | 14.60 |
| 2018 | 14.12 |
| 2019 | 15.19 |
| 2020 | 14.03 |
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
