Sweden: Savings, percent of GDP

* indicates monthly or quarterly data series
 Sweden

Savings as percent of GDP

 Latest value 33.52
 Year 2023
 Measure percent
 Data availability 1970 - 2023
 Average 25.76
 Min - Max 16.05 - 34.09
 Source The World Bank
The latest value from 2023 is 33.52 percent, a decline from 34.09 percent in 2022. In comparison, the world average is 23.44 percent, based on data from 96 countries. Historically, the average for Sweden from 1970 to 2023 is 25.76 percent. The minimum value, 16.05 percent, was reached in 1993 while the maximum of 34.09 percent was recorded in 2022. 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
Sweden - Savings, percent of GDP - Recent values chart

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




The savings in Sweden 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 22.78 2023 percent
 Share of manufacturing 13.06 2023 percent
 Share of services 65.28 2023 percent
 Industry value added 135.14 2023 billion U.S. dollars
 Manufacturing value added 77.46 2023 billion U.S. dollars
 Services value added 387.27 2023 billion U.S. dollars
 Savings, percent of GDP 33.52 2023 percent
 Savings, in dollars 198.75 2023 billion U.S. dollars
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