Georgia: Savings, percent of GDP
* indicates monthly or quarterly data series
| Georgia |
Savings as percent of GDP |
|---|---|
| Latest value | 18.50 |
| Year | 2024 |
| Measure | percent |
| Data availability | 1997 - 2024 |
| Average | 14.46 |
| Min - Max | -2.97 - 21.32 |
| Source | The World Bank |
The latest value from 2024 is 18.5 percent, a decline from 19.43 percent in 2023. In comparison, the world average is 22.88 percent, based on data from 84 countries. Historically, the average for Georgia from 1997 to 2024 is 14.46 percent. The minimum value, -2.97 percent, was reached in 1997 while the maximum of 21.32 percent was recorded in 2018.
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* indicates monthly or quarterly data series
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The savings in Georgia 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 | 19.08 | 2024 | percent |
| Share of manufacturing | 8.12 | 2024 | percent |
| Share of services | 62.79 | 2024 | percent |
| Industry value added | 6.44 | 2024 | billion U.S. dollars |
| Manufacturing value added | 2.74 | 2024 | billion U.S. dollars |
| Services value added | 21.21 | 2024 | billion U.S. dollars |
| Savings, percent of GDP | 18.50 | 2024 | percent |
| Savings, in dollars | 6.31 | 2024 | billion U.S. dollars |