Portugal: Savings, percent of GDP

* indicates monthly or quarterly data series
 Portugal

Savings as percent of GDP

 Latest value 20.52
 Year 2023
 Measure percent
 Data availability 1975 - 2023
 Average 19.80
 Min - Max 10.61 - 29.27
 Source The World Bank
The latest value from 2023 is 20.52 percent, an increase from 19.05 percent in 2022. In comparison, the world average is 23.44 percent, based on data from 96 countries. Historically, the average for Portugal from 1975 to 2023 is 19.8 percent. The minimum value, 10.61 percent, was reached in 2010 while the maximum of 29.27 percent was recorded in 1989. 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
Portugal - Savings, percent of GDP - Recent values chart

Historical series
Portugal - Savings, percent of GDP - historical chart - 1975-2023




The savings in Portugal 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.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Share of industry 18.02 2023 percent
 Share of manufacturing 11.95 2023 percent
 Share of services 67.00 2023 percent
 Industry value added 51.73 2023 billion U.S. dollars
 Manufacturing value added 34.30 2023 billion U.S. dollars
 Services value added 192.34 2023 billion U.S. dollars
 Savings, percent of GDP 20.52 2023 percent
 Savings, in dollars 58.90 2023 billion U.S. dollars
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