Gross savings as a share of GDP reached 33.7 % in 2019 in Switzerland, according to the National Statistical Office. This is 1.48 % less than in the previous year.
Historically, gross savings as a share of GDP in Switzerland reached an all time high of 34.2 % in 2018 and an all time low of 0.273 % in 2008. When compared to Switzerland's main peers, gross savings as a share of GDP in Austria amounted to 27.7 %, 22.9 % in France, 28.7 % in Germany and 19.9 % in Italy in 2019.
Switzerland has been ranked 20th within the group of 163 countries we follow in terms of gross savings as a share of GDP, 16 places above the position seen 10 years ago.
Gross savings are calculated as gross national income less total consumption, plus net transfers.