India: Savings, percent of GDP

* indicates monthly or quarterly data series
 India

Savings as percent of GDP

 Latest value 29.95
 Year 2022
 Measure percent
 Data availability 1975 - 2022
 Average 25.66
 Min - Max 13.1 - 37.01
 Source The World Bank
For that indicator, we provide data for India from 1975 to 2022. The average value for India during that period was 25.66 percent with a minimum of 13.1 percent in 1975 and a maximum of 37.01 percent in 2007. The latest value from 2022 is 29.95 percent. For comparison, the world average in 2022 based on 122 countries is 24.68 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
India - Savings, percent of GDP - recent values

Historical chart
India - Savings, percent of GDP - historical chart - 1975-2022




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.


 Related indicators Latest value Reference Measure
 Share of industry 25.62 2022 percent
 Share of manufacturing 13.32 2022 percent
 Share of services 48.58 2022 percent
 Industry value added 876.56 2022 billion U.S. dollars
 Manufacturing value added 456.06 2022 billion U.S. dollars
 Services value added 1,655.16 2022 billion U.S. dollars
 Savings, percent of GDP 29.95 2022 percent
 Savings, in dollars 1,023.20 2022 billion U.S. dollars
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