Upper middle income - Gross savings (% of GDP)

Gross savings (% of GDP) in Upper middle income was 33.86 as of 2020. Its highest value over the past 38 years was 39.20 in 2008, while its lowest value was 28.48 in 1983.

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
1982 29.11
1983 28.48
1984 29.77
1985 30.73
1986 30.16
1987 31.63
1988 32.54
1989 32.13
1990 30.24
1991 31.03
1992 32.26
1993 33.30
1994 33.11
1995 31.04
1996 30.41
1997 30.36
1998 29.50
1999 28.88
2000 29.52
2001 29.83
2002 30.82
2003 32.72
2004 35.02
2005 35.33
2006 37.25
2007 38.35
2008 39.20
2009 36.68
2010 37.92
2011 37.33
2012 36.51
2013 35.39
2014 35.42
2015 34.06
2016 33.28
2017 33.82
2018 33.87
2019 33.20
2020 33.86

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