India: Savings, percent of GDP

* indicates monthly or quarterly data series

Savings as percent of GDP

 Latest value 30.21
 Reference 2021
 Measure percent
 Source The World Bank

For that indicator, we provide data for India from 1975 to 2021. The average value for India during that period was 25.6 percent with a minimum of 13.1 percent in 1975 and a maximum of 37.01 percent in 2007. The latest value from 2021 is 30.21 percent. For comparison, the world average in 2021 based on 132 countries is 23.47 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 India 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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