China: Savings, percent of GDP
* indicates monthly or quarterly data series
China |
Savings as percent of GDP |
---|---|
Latest value | 46.05 |
Year | 2022 |
Measure | percent |
Data availability | 1982 - 2022 |
Average | 42.07 |
Min - Max | 33.15 - 51.79 |
Source | The World Bank |
The latest value from 2022 is 46.05 percent, an increase from 45.47 percent in 2021. In comparison, the world average is 23.18 percent, based on data from 140 countries. Historically, the average for China from 1982 to 2022 is 42.07 percent. The minimum value, 33.15 percent, was reached in 1983 while the maximum of 51.79 percent was recorded in 2008.
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* indicates monthly or quarterly data series
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The savings in China 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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International lending and sovereign debt
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Share of industry | 38.28 | 2023 | percent |
Share of manufacturing | 26.18 | 2023 | percent |
Share of services | 54.60 | 2023 | percent |
Industry value added | 6,812.38 | 2023 | billion U.S. dollars |
Manufacturing value added | 4,658.78 | 2023 | billion U.S. dollars |
Services value added | 9,715.39 | 2023 | billion U.S. dollars |
Savings, percent of GDP | 46.05 | 2022 | percent |
Savings, in dollars | 8,234.62 | 2022 | billion U.S. dollars |