Gross savings as a share of GDP reached 25.7 % in 2019 in Czech Republic, according to the National Statistical Office. This is 2.01 % less than in the previous year.
Historically, gross savings as a share of GDP in Czech Republic reached an all time high of 26.2 % in 2018 and an all time low of 0.226 % in 2010. When compared to Czech Republic's main peers, gross savings as a share of GDP in Austria amounted to 27.7 %, 25.5 % in Hungary, 20.8 % in Poland and 22.4 % in Slovakia in 2019.
Czech Republic has been ranked 54th within the group of 163 countries we follow in terms of gross savings as a share of GDP, 20 places above the position seen 10 years ago.
Gross savings are calculated as gross national income less total consumption, plus net transfers.