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.
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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.
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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 |