Which Economy Saves the Most?

Gross Savings (As % of GDP) (%), 2017 or latest
Economy | December 11, 2018
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Based on a comparison of 168 countries in 2023, Qatar ranked the highest in gross savings as a share of GDP with 50.2% followed by Botswana and Panama. On the other end of the scale was Burundi with -5.32%, Yemen with -1.87% and Lebanon with -0.714%.

Average gross savings as a share of GDP reached 26.7% in 2023 in the World according to the National Statistical Office. This is 0.161 % less than in the previous year and 99.1 % more than 10 years ago.

Historically, average gross savings as a share of GDP reached an all time high of 26.9% in 2020 and an all time low of 0.221% in 1991. The average annual growth amounted to 0.327 % since 1960.

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

Gross Savings (As % of GDP) Unit 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Algeria % 0.472 0.454 0.432 0.362 0.372
Angola % 0.260 0.214 0.124 -0.005 0.030
Botswana % 0.439 0.385 0.417 0.374 0.402
Ethiopia % 0.311 0.283 0.314 0.295 0.305
Iran % 47.5 47.9 43.6 35.2 37.6
Kuwait % 0.590 0.551 0.502 0.309 0.257
Malta % 0.205 0.228 0.276 0.320 0.329
Panama % 0.297 0.294 0.296 0.259 0.260
Qatar % 0.603 0.583 0.557 0.466 0.398
Saudi Arabia % 0.488 0.443 0.385 0.254 0.275
Taiwan % 32.5 33.3 34.5 36.3 35.5
Thailand % 0.292 0.275 0.276 0.282 0.300
United Arab Emirates % 41.8 38.8 35.3 30.7 30.9
Uzbekistan % 32.2 33.1 31.8 27.6 25.4
Zambia % 0.359 0.329 0.325 0.340 0.313