Gross savings as a share of GDP reached 16.0 % in 2019 in Serbia, according to the National Statistical Office. This is 2.04 % more than in the previous year.
Historically, gross savings as a share of GDP in Serbia reached an all time high of 21.3 % in 2001 and an all time low of 0.101 % in 2008. When compared to Serbia's main peers, gross savings as a share of GDP in Bosnia and Herzegovina amounted to 12.4 %, 22.8 % in Croatia, 25.5 % in Hungary and 19.5 % in Romania in 2019.
Serbia has been ranked 114th within the group of 163 countries we follow in terms of gross savings as a share of GDP, 25 places above the position seen 10 years ago.
Gross savings are calculated as gross national income less total consumption, plus net transfers.