Israel: Savings, percent of GDP

* indicates monthly or quarterly data series
 Israel

Savings as percent of GDP

 Latest value 31.22
 Year 2023
 Measure percent
 Data availability 1970 - 2023
 Average 25.01
 Min - Max 19.08 - 31.23
 Source The World Bank
The latest value from 2023 is 31.22 percent, an increase from 30.88 percent in 2022. In comparison, the world average is 23.44 percent, based on data from 96 countries. Historically, the average for Israel from 1970 to 2023 is 25.01 percent. The minimum value, 19.08 percent, was reached in 1970 while the maximum of 31.23 percent was recorded in 1972. 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 data
Israel - Savings, percent of GDP - Recent values chart

Historical series
Israel - Savings, percent of GDP - historical chart - 1970-2023




The savings in Israel 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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 Related indicators Latest Reference Measure
 Share of industry 18.89 2022 percent
 Share of manufacturing 11.48 2022 percent
 Share of services 70.84 2022 percent
 Industry value added 99.18 2022 billion U.S. dollars
 Manufacturing value added 60.27 2022 billion U.S. dollars
 Services value added 371.93 2022 billion U.S. dollars
 Savings, percent of GDP 31.22 2023 percent
 Savings, in dollars 156.22 2023 billion U.S. dollars
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