Germany: Savings, percent of GDP

* indicates monthly or quarterly data series
 Germany

Savings as percent of GDP

 Latest value 29.69
 Reference 2021
 Measure percent
 Source The World Bank

For that indicator, we provide data for Germany from 1971 to 2021. The average value for Germany during that period was 23.87 percent with a minimum of 18.01 percent in 1981 and a maximum of 29.8 percent in 2018. The latest value from 2021 is 29.69 percent. For comparison, the world average in 2021 based on 83 countries is 24.04 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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