South Korea: Savings, in dollars

The latest value from 2024 is 656.96 billion U.S. dollars, an increase from 615.42 billion U.S. dollars in 2023. In comparison, the world average is 217.97 billion U.S. dollars, based on data from 130 countries. Historically, the average for South Korea from 1976 to 2024 is 279.89 billion U.S. dollars. The minimum value, 7.84 billion U.S. dollars, was reached in 1976 while the maximum of 710.97 billion U.S. dollars was recorded in 2021. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars.