Germany: Savings, percent of GDP

(measure: percent; Source: The World Bank)
* indicates monthly or quarterly data series

Germany: Savings as percent of GDP

, 1971 - 2020: For that indicator, we provide data for Germany from 1971 to 2020. The average value for Germany during that period was 22.95 percent with a minimum of 16.66 percent in 1981 and a maximum of 28.99 percent in 2018. The latest value from 2020 is 27.47 percent. For comparison, the world average in 2020 based on 64 countries is 22.19 percent. 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

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The savings in Germany 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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