Bangladesh: Savings, percent of GDP
* indicates monthly or quarterly data series
Bangladesh |
Savings as percent of GDP |
---|---|
Latest value | 34.90 |
Year | 2023 |
Measure | percent |
Data availability | 1976 - 2023 |
Average | 27.21 |
Min - Max | -0.84 - 40.60 |
Source | The World Bank |
The latest value from 2023 is 34.9 percent, an increase from 33.95 percent in 2022. In comparison, the world average is 23.44 percent, based on data from 96 countries. Historically, the average for Bangladesh from 1976 to 2023 is 27.21 percent. The minimum value, -0.84 percent, was reached in 1976 while the maximum of 40.6 percent was recorded in 2012.
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The savings in Bangladesh and other countries is calculated as the difference between income and consumption, expressed as percent of GDP.
Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Share of industry | 34.59 | 2023 | percent |
Share of manufacturing | 22.34 | 2023 | percent |
Share of services | 51.11 | 2023 | percent |
Industry value added | 151.32 | 2023 | billion U.S. dollars |
Manufacturing value added | 97.73 | 2023 | billion U.S. dollars |
Services value added | 223.57 | 2023 | billion U.S. dollars |
Savings, percent of GDP | 34.90 | 2023 | percent |
Savings, in dollars | 152.68 | 2023 | billion U.S. dollars |