South Korea: Savings, percent of GDP

(measure: percent; source: The World Bank)

South Korea: Savings as percent of GDP

: For that indicator, The World Bank provides data for South Korea from 1976 to 2015. The average value for South Korea during that period was 30.62 percent with a minumum of 17.93 percent in 1976 and a maximum of 35.64 percent in 1988.


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The savings in South Korea and other countries is calculated as the difference between income and consumption, expressed as percent of GDP. Savings, percent of GDP rankings around the world. Create and download charts for South Korea Savings, percent of GDP and other indicators with the country comparator.

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