India: Savings, in dollars
* indicates monthly or quarterly data series
| India |
Savings, billion USD |
|---|---|
| Latest value | 1,093.92 |
| Year | 2023 |
| Measure | billion U.S. dollars |
| Data availability | 1975 - 2023 |
| Average | 309.13 |
| Min - Max | 12.90 - 1,093.92 |
| Source | The World Bank |
The latest value from 2023 is 1093.92 billion U.S. dollars, an increase from 1002.35 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 India from 1975 to 2023 is 309.13 billion U.S. dollars. The minimum value, 12.9 billion U.S. dollars, was reached in 1975 while the maximum of 1093.92 billion U.S. dollars was recorded in 2023.
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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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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Share of industry | 25.03 | 2023 | percent |
| Share of manufacturing | 12.93 | 2023 | percent |
| Share of services | 49.58 | 2023 | percent |
| Industry value added | 892.98 | 2023 | billion U.S. dollars |
| Manufacturing value added | 461.38 | 2023 | billion U.S. dollars |
| Services value added | 1,768.81 | 2023 | billion U.S. dollars |
| Savings, percent of GDP | 30.56 | 2023 | percent |
| Savings, in dollars | 1,093.92 | 2023 | billion U.S. dollars |