
Germany: Savings, percent of GDP
* indicates monthly or quarterly data series
Germany |
Savings as percent of GDP |
---|---|
Latest value | 28.52 |
Year | 2022 |
Measure | percent |
Data availability | 1971 - 2022 |
Average | 23.99 |
Min - Max | 18.01 - 30.52 |
Source | The World Bank |
For that indicator, we provide data for Germany from 1971 to 2022. The average value for Germany during that period was 23.99 percent with a minimum of 18.01 percent in 1981 and a maximum of 30.52 percent in 2021.
The latest value from 2022 is 28.52 percent. For comparison, the world average in 2022 based on 85
countries is 23.91 percent.
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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.