Gross savings as a share of GDP reached 28.1 % in 2020 in India, according to the National Statistical Office. This is 2.47 % less than in the previous year.
Historically, gross savings as a share of GDP in India reached an all time high of 36.8 % in 2007 and an all time low of 13.1 % in 1975. When compared to India's main peers, gross savings as a share of GDP in Bangladesh amounted to 26.2 %, 45.2 % in China, 14.3 % in Pakistan and 20.8 % in Sri Lanka in 2020.
India has been ranked 27th within the group of 163 countries we follow in terms of gross savings as a share of GDP, 1 places above the position seen 10 years ago.
Gross savings are calculated as gross national income less total consumption, plus net transfers.
Buy annual subscriptions for all our products.
Helgi Analytics 
