Gross Savings (As % of GDP) rose to 30.5% in Bangladesh in 2018

Gross Savings (As % of GDP) (%)
Economy | Bangladesh | May 17, 2019
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Excel Sheet

Gross savings as a share of GDP reached 30.5 % in 2018 in Bangladesh, according to the National Statistical Office. This is 8562 % more than in the previous year.

Historically, gross savings as a share of GDP in Bangladesh reached an all time high of 30.5 % in 2018 and an all time low of -0.008 % in 1976. When compared to Bangladesh's main peers, gross savings as a share of GDP in Bhutan amounted to 41.0 %, 44.9 % in China, 28.5 % in India and 16.6 % in Myanmar in 2018.

Bangladesh has been ranked 27th within the group of 163 countries we follow in terms of gross savings as a share of GDP, 7 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
Bangladesh % 0.352% 30.5% 30.5% 31.0% 31.7%
Bhutan % 0.294% 41.0% 40.6% 49.1% 52.9%
China % 0.470% 44.9% 44.4% 43.9% 43.1%
India % 0.293% 28.5% 29.1% 29.4% 29.6%
Japan % 0.280% 28.1% 28.4% 28.8% 28.9%
Laos % 0.186% ... ... ... ... ... ...
Myanmar % 0.297% 16.6% 16.5% 16.2% 16.2%
Nepal % 0.456% 43.6% 40.3% 40.2% 39.7%
Pakistan % 0.201% 10.5% 10.7% 9.93% 9.42%
Russia % 0.261% 27.3% 27.8% 27.3% 27.1%
Sri Lanka % 0.340% 33.9% 34.6% 35.0% 35.0%
Thailand % 0.318% 32.5% 32.2% 32.0% 31.9%
USA % 0.190% 18.8% 18.7% 19.0% 18.9%