Gross Savings (As % of GDP) rose 2.22% to 34.6% in Sri Lanka in 2019

Gross Savings (As % of GDP) (%), 2019
Economy | Sri Lanka | January 1, 2020
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Excel Sheet

Gross savings as a share of GDP rose 2.22% to 34.6% in Sri Lanka in 2019, according to the National Statistical Office.

Historically, gross savings as a share of GDP in Sri Lanka reached an all time high of 34.6% in 2019 and an all time low of 0.029% in 1976. When compared to Sri Lanka's main peers, gross savings as a share of GDP in India amounted to 29.1%, 27.0% in Malaysia, 4.78% in Maldives and 16.5% in Myanmar in 2019.

Sri Lanka has been ranked 16th within the group of 161 countries we follow in terms of gross savings as a share of GDP, 49 places above the position seen 10 years ago.

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%
Cambodia % 0.232% 11.2% 11.4% 11.9% 12.9%
China % 0.470% 44.9% 44.4% 43.9% 43.1%
India % 0.293% 28.5% 29.1% 29.4% 29.6%
Indonesia % 0.308% 31.0% 31.3% 31.5% 31.7%
Laos % 0.186% ... ... ... ... ... ...
Malaysia % 0.285% 27.2% 27.0% 27.1% 26.8%
Maldives % 0.545% 1.77% 4.78% 7.58% 8.77%
Myanmar % 0.297% 16.6% 16.5% 16.2% 16.2%
Pakistan % 0.201% 10.5% 10.7% 9.93% 9.42%
Singapore % 0.482% 46.3% 45.8% 45.5% 45.3%
Sri Lanka % 0.340% 33.9% 34.6% 35.0% 35.0%
Thailand % 0.318% 32.5% 32.2% 32.0% 31.9%
Vietnam % 0.244% 29.6% 30.3% 31.1% 32.2%