Russia: Savings, percent of GDP

For that indicator, we provide data for Russia from 1994 to 2021. The average value for Russia during that period was 27.61 percent with a minimum of 19.32 percent in 1998 and a maximum of 36.15 percent in 2000. The latest value from 2021 is 29.48 percent. For comparison, the world average in 2021 based on 132 countries is 23.47 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.

The savings in Russia 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.