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. 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 values chart
Germany - Savings, percent of GDP - recent values

Historical chart
Germany - Savings, percent of GDP - historical chart - 1971-2022

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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