Ethiopia: Savings, percent of GDP

* indicates monthly or quarterly data series
 Ethiopia

Savings as percent of GDP

 Latest value 19.18
 Year 2023
 Measure percent
 Data availability 2011 - 2023
 Average 28.42
 Min - Max 19.18 - 33.16
 Source The World Bank
The latest value from 2023 is 19.18 percent, a decline from 21.55 percent in 2022. In comparison, the world average is 23.44 percent, based on data from 96 countries. Historically, the average for Ethiopia from 2011 to 2023 is 28.42 percent. The minimum value, 19.18 percent, was reached in 2023 while the maximum of 33.16 percent was recorded in 2018. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Ethiopia - Savings, percent of GDP - Recent values chart

Historical series
Ethiopia - Savings, percent of GDP - historical chart - 2011-2023




The savings in Ethiopia 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 24.48 2023 percent
 Share of manufacturing 4.48 2023 percent
 Share of services 36.98 2023 percent
 Industry value added 40.07 2023 billion U.S. dollars
 Manufacturing value added 7.33 2023 billion U.S. dollars
 Services value added 60.54 2023 billion U.S. dollars
 Savings, percent of GDP 19.18 2023 percent
 Savings, in dollars 31.39 2023 billion U.S. dollars
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