Which Economy Saves the Most?

Gross Savings (As % of GDP) (%), 2018 or latest
Economy | May 17, 2019
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Excel Sheet

Based on a comparison of 168 countries in 2018, Qatar ranked the highest in gross savings as a share of GDP with 55.6% followed by Suriname and Singapore. On the other end of the scale was Burundi with -7.36%, Yemen with -3.47% and Lebanon with -2.57%.

Average gross savings as a share of GDP reached 26.7% in 2018 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 0.223% 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% 0.364% 0.374%
Bhutan % 0.476% 0.243% 0.287% 0.210% 0.307%
Botswana % 0.447% 0.385% 0.417% 0.374% 0.381%
China % 0.496% 0.486% 0.492% 0.469% 0.458%
Congo % 0.270% 0.201% 0.272% 0.112% -0.044%
Iran % 47.5% 47.9% 43.6% 35.2% 37.6%
Nepal % 0.403% 0.438% 0.463% 0.461% 0.407%
Norway % 0.390% 0.382% 0.387% 0.356% 0.327%
Panama % 0.297% 0.294% 0.263% 0.281% 0.274%
Qatar % 0.603% 0.583% 0.557% 0.456% 0.434%
Saudi Arabia % 0.488% 0.443% 0.385% 0.258% 0.272%
Singapore % 0.477% 0.474% 0.485% 0.457% 0.462%
South Korea % 0.344% 0.345% 0.345% 0.356% 0.360%
Suriname % 0.611% 0.591% 0.627% 0.497% 0.522%
Zambia % 0.359% 0.329% 0.325% 0.340% 0.313%