Gross Savings (As % of GDP) rose to 29.1% in Denmark in 2019

Gross Savings (As % of GDP) (%)
Economy | Denmark | January 1, 2020
$2.99
Excel Sheet

Gross savings as a share of GDP reached 29.1 % in 2019 in Denmark, according to the National Statistical Office. This is 0.103 % more than in the previous year.

Historically, gross savings as a share of GDP in Denmark reached an all time high of 29.1 % in 2019 and an all time low of 0.160 % in 1981. When compared to Denmark's main peers, gross savings as a share of GDP in Germany amounted to 28.7 %, 31.6 % in Netherlands, 36.3 % in Norway and 29.7 % in Sweden in 2019.

Denmark has been ranked 37th within the group of 163 countries we follow in terms of gross savings as a share of GDP, 38 places above the position seen 10 years ago.

Gross savings are calculated as gross national income less total consumption, plus net transfers.

Gross Savings (As % of GDP) Unit 2015 2016 2017 2018 2019 2020 2021 2022 2023
Austria % 0.274% 27.9% 27.7% 27.9% 27.8%
Belgium % 0.255% 24.9% 25.1% 25.4% 25.6%
Denmark % 0.281% 29.1% 29.1% 29.0% 29.0%
Finland % 0.230% 23.8% 24.0% 24.3% 24.4%
France % 0.229% 22.7% 22.9% 23.1% 23.3%
Germany % 0.281% 28.5% 28.7% 28.8% 28.9%
Iceland % 0.234% 25.5% 25.8% 26.0% 26.2%
Netherlands % 0.312% 31.2% 31.6% 31.8% 31.9%
Norway % 0.338% 36.0% 36.3% 36.4% 36.4%
Poland % 0.197% 20.7% 20.8% 20.6% 20.6%
Russia % 0.261% 27.3% 27.8% 27.3% 27.1%
Sweden % 0.292% 29.0% 29.7% 30.1% 30.3%
United Kingdom % 0.131% 13.7% 14.0% 14.4% 14.6%