Ireland: Savings, percent of GDP

The latest value from 2024 is 34.86 percent, an increase from 34.11 percent in 2023. In comparison, the world average is 22.67 percent, based on data from 143 countries. Historically, the average for Ireland from 2005 to 2024 is 27.49 percent. The minimum value, 15.45 percent, was reached in 2009 while the maximum of 34.95 percent was recorded in 2021. See the global rankings for that indicator or use the country comparator to compare trends over time.

The savings in Ireland 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.