Germany: Savings, in dollars
* indicates monthly or quarterly data series
| Germany |
Savings, billion USD |
|---|---|
| Latest value | 1,203.28 |
| Year | 2023 |
| Measure | billion U.S. dollars |
| Data availability | 1971 - 2023 |
| Average | 541.14 |
| Min - Max | 65.76 - 1,225.75 |
| Source | The World Bank |
The latest value from 2023 is 1203.28 billion U.S. dollars, an increase from 1069.14 billion U.S. dollars in 2022. In comparison, the world average is 216.52 billion U.S. dollars, based on data from 123 countries. Historically, the average for Germany from 1971 to 2023 is 541.14 billion U.S. dollars. The minimum value, 65.76 billion U.S. dollars, was reached in 1971 while the maximum of 1225.75 billion U.S. dollars was recorded in 2021.
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Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars.
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What factors determine the exchange rates
International lending and sovereign debt
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Share of industry | 26.84 | 2023 | percent |
| Share of manufacturing | 18.54 | 2023 | percent |
| Share of services | 63.69 | 2023 | percent |
| Industry value added | 1,214.84 | 2023 | billion U.S. dollars |
| Manufacturing value added | 838.89 | 2023 | billion U.S. dollars |
| Services value added | 2,882.45 | 2023 | billion U.S. dollars |
| Savings, percent of GDP | 30.17 | 2023 | percent |
| Savings, in dollars | 1,203.28 | 2023 | billion U.S. dollars |