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Which Economy Saves the Most?

Gross Savings (As % of GDP) (%), 2022 or latest
Economy | March 7, 2023
$2.99
Excel Sheet

Based on a comparison of 162 countries in 2022, South Sudan ranked the highest in gross savings as a share of GDP with 80.7% followed by Qatar and Kuwait. On the other end of the scale was Cambodia with -6.32%, Yemen with -5.51% and Malawi with -1.69%.

Average gross savings as a share of GDP reached 26.4% in 2022 in the World according to the National Statistical Office. This is 0.113 % more than in the previous year and 0.838 % more than 10 years ago.

Historically, average gross savings as a share of GDP reached an all time high of 58.0% in 1979 and an all time low of 0.233% in 1977. The average annual growth amounted to 0.297 % since 1960.

Data for more countries are available at Gross Savings (As % of GDP) indicator page.

Gross Savings (As % of GDP) Unit 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Algeria % 35.4% 37.6% 34.8% 28.9% 34.5%
Azerbaijan % 27.3% 30.6% 27.4% 22.8% 31.8%
Bahrain % 28.9% 28.8% 30.6% 25.9% 39.6%
China % 44.7% 44.1% 43.8% 44.5% 44.4%
Congo % 31.2% 24.8% 22.6% 22.5% 33.6%
Guyana % 8.20% -16.1% -39.9% -7.01% -16.3%
Iran % 37.4% 37.6% 39.2% 44.2% 42.0%
Kuwait % 35.7% 39.7% 33.1% 28.4% 39.5%
Norway % 33.3% 36.0% 32.8% 31.4% 40.3%
Qatar % 46.6% 49.7% 44.9% 39.6% 48.2%
South Sudan % ... ... ... ... ... ... ... ... 12.3% 15.7% 17.6% 17.6% 56.4%
Suriname % 34.3% 33.9% 29.5% 37.0% 43.3%
Taiwan % 36.1% 35.1% 35.8% 39.9% 43.5%
United Arab Emirates % 32.4% 33.3% 31.4% 28.1% 32.4%
Uzbekistan % 31.9% 35.5% 34.9% 33.7% 33.6%

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