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Gross Savings (As % of GDP) in France

Source: World Bank, IMF estimates (Oct 2020), Helgi Library
Last Updated: Feb 8, 2021

Gross savings as a share of GDP reached 23.5 % in 2019 in France, according to the National Statistical Office. This is 0.764 % more than in the previous year.

Historically, gross savings as a share of GDP in France reached an all time high of 25.8 % in 1999 and an all time low of 20.2 % in 1993. When compared to France's main peers, gross savings as a share of GDP in Belgium amounted to 24.0 %, 28.5 % in Germany, 20.9 % in Italy and 22.8 % in Spain in 2019.

France has been ranked 76th within the group of 165 countries we follow in terms of gross savings as a share of GDP, 9 places above the position seen 10 years ago.

Gross savings are calculated as gross national income less total consumption, plus net transfers.

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