World - Gross savings (% of GDP)

Gross savings (% of GDP) in World was 26.01 as of 2020. Its highest value over the past 38 years was 28.16 in 2006, while its lowest value was 23.29 in 1991.

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 23.92
1983 23.37
1984 24.44
1985 24.05
1986 23.55
1987 24.41
1988 25.17
1989 25.05
1990 24.13
1991 23.29
1992 23.72
1993 23.89
1994 24.63
1995 24.57
1996 25.20
1997 25.69
1998 25.38
1999 25.04
2000 25.68
2001 24.98
2002 24.76
2003 25.17
2004 26.42
2005 26.93
2006 28.16
2007 27.99
2008 27.24
2009 25.05
2010 26.33
2011 26.65
2012 26.83
2013 26.45
2014 26.79
2015 26.41
2016 25.87
2017 26.55
2018 26.65
2019 26.50
2020 26.01

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