Savings, percent of GDP - Country rankings
* indicates monthly or quarterly data series
Savings as percent of GDP, 2023:
The average for 2023 based on 153 countries was 22.69 percent. The highest value was in Kuwait: 48.83 percent and the lowest value was in Palau: -12.99 percent. The indicator is available from 1960 to 2025. Below is a chart for all countries where data are available.Measure: percent; Source: The World Bank
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* indicates monthly or quarterly data series
| Countries | Savings, percent of GDP, 2023 | Global rank | Available data |
|---|---|---|---|
| Kuwait | 48.83 | 1 | 1975 - 2024 |
| Brunei | 45.87 | 2 | 2001 - 2025 |
| Macao | 44.58 | 3 | 2002 - 2024 |
| Bermuda | 43.42 | 4 | 2010 - 2023 |
| China | 42.57 | 5 | 1982 - 2024 |
| Iraq | 41.06 | 6 | 2005 - 2024 |
| Algeria | 40.77 | 7 | 1977 - 2024 |
| Cambodia | 38.84 | 8 | 1993 - 2025 |
| San Marino | 38.58 | 9 | 2017 - 2023 |
| Singapore | 37.88 | 10 | 1972 - 2025 |
| Norway | 37.16 | 11 | 1975 - 2025 |
| Nepal | 36.22 | 12 | 1976 - 2024 |
| Tanzania | 36.15 | 13 | 1990 - 2024 |
| Indonesia | 35.86 | 14 | 1981 - 2025 |
| Tajikistan | 35.34 | 15 | 2002 - 2024 |
| Bahrain | 35.11 | 16 | 1980 - 2024 |
| Vietnam | 35 | 17 | 1996 - 2024 |
| Panama | 34.96 | 18 | 1977 - 2024 |
| Bangladesh | 34.88 | 19 | 1976 - 2025 |
| Denmark | 34.65 | 20 | 1975 - 2024 |
| Zambia | 34.46 | 21 | 2010 - 2024 |
| India | 34.38 | 22 | 1975 - 2025 |
| Switzerland | 34.29 | 23 | 1977 - 2025 |
| Ireland | 34.11 | 24 | 2005 - 2024 |
| UA Emirates | 33.83 | 25 | 2023 - 2023 |
| Mongolia | 33.46 | 26 | 1981 - 2024 |
| South Korea | 33.36 | 27 | 1976 - 2025 |
| Botswana | 33.27 | 28 | 1975 - 2024 |
| Mauritania | 32.06 | 29 | 1975 - 2024 |
| Saudi Arabia | 31.89 | 30 | 1971 - 2025 |
| Turkey | 31.75 | 31 | 1974 - 2024 |
| DR Congo | 31.66 | 32 | 2005 - 2025 |
| Japan | 31.38 | 33 | 1996 - 2024 |
| Sweden | 31.18 | 34 | 1970 - 2025 |
| Burundi | 30.84 | 35 | 1985 - 2025 |
| Russia | 30.29 | 36 | 1994 - 2025 |
| Benin | 30.27 | 37 | 1974 - 2023 |
| North Macedonia | 29.96 | 38 | 1996 - 2025 |
| Nicaragua | 29.85 | 39 | 1994 - 2024 |
| Uzbekistan | 29.83 | 40 | 2005 - 2025 |
| Israel | 29.57 | 41 | 1970 - 2025 |
| Netherlands | 29.5 | 42 | 1969 - 2024 |
| Azerbaijan | 29.46 | 43 | 1995 - 2025 |
| Oman | 28.95 | 44 | 1974 - 2024 |
| Czechia | 28.81 | 45 | 1993 - 2025 |
| Morocco | 28.02 | 46 | 1975 - 2025 |
| Austria | 27.71 | 47 | 2005 - 2025 |
| Germany | 27.63 | 48 | 1971 - 2025 |
| Slovenia | 27.38 | 49 | 1992 - 2025 |
| Philippines | 27.34 | 50 | 1981 - 2025 |
| Kazakhstan | 26.91 | 51 | 1995 - 2024 |
| Belarus | 26.48 | 52 | 1993 - 2025 |
| Hungary | 26.24 | 53 | 1991 - 2025 |
| Samoa | 26.16 | 54 | 2009 - 2025 |
| Malta | 26.09 | 55 | 1971 - 2024 |
| Sri Lanka | 26.04 | 56 | 1975 - 2024 |
| Libya | 25.86 | 57 | 1990 - 2023 |
| Thailand | 25.62 | 58 | 1975 - 2025 |
| Belgium | 25.44 | 59 | 2002 - 2025 |
| Croatia | 25.43 | 60 | 1999 - 2024 |
| Hong Kong | 24.57 | 61 | 1998 - 2024 |
| Swaziland | 24.27 | 62 | 2013 - 2024 |
| Iceland | 24.2 | 63 | 1976 - 2025 |
| Domin. Rep. | 24.14 | 64 | 1968 - 2025 |
| Malaysia | 23.86 | 65 | 1974 - 2024 |
| Estonia | 23.85 | 66 | 1993 - 2025 |
| Spain | 23.85 | 67 | 1975 - 2025 |
| Australia | 23.78 | 68 | 1989 - 2025 |
| Lithuania | 23.74 | 69 | 1995 - 2025 |
| Italy | 23.3 | 70 | 1970 - 2025 |
| Rwanda | 23.07 | 71 | 2010 - 2024 |
| Senegal | 22.94 | 72 | 1974 - 2023 |
| Serbia | 22.56 | 73 | 2007 - 2025 |
| Ecuador | 22.49 | 74 | 1976 - 2025 |
| Albania | 22.16 | 75 | 1984 - 2025 |
| Finland | 22.11 | 76 | 1975 - 2025 |
| Canada | 21.92 | 77 | 1961 - 2025 |
| France | 21.74 | 78 | 1975 - 2025 |
| Lesotho | 21.08 | 79 | 1975 - 2025 |
| Latvia | 20.87 | 80 | 1995 - 2025 |
| Cape Verde | 20.81 | 81 | 2007 - 2025 |
| Bosnia & Herz. | 20.8 | 82 | 2000 - 2025 |
| Mauritius | 20.73 | 83 | 1976 - 2024 |
| Portugal | 20.66 | 84 | 1975 - 2024 |
| Belize | 20.62 | 85 | 1984 - 2024 |
| Bulgaria | 20.59 | 86 | 1980 - 2025 |
| Uganda | 20.54 | 87 | 1982 - 2024 |
| Paraguay | 20.51 | 88 | 1975 - 2025 |
| Peru | 20.24 | 89 | 1977 - 2025 |
| Armenia | 20.19 | 90 | 1993 - 2025 |
| Chile | 20.15 | 91 | 1975 - 2025 |
| Ethiopia | 20.1 | 92 | 2011 - 2024 |
| Mexico | 19.93 | 93 | 1979 - 2025 |
| Guatemala | 19.57 | 94 | 1977 - 2024 |
| Georgia | 19.43 | 95 | 1997 - 2025 |
| Romania | 19.37 | 96 | 1990 - 2025 |
| Poland | 19.07 | 97 | 1995 - 2025 |
| Gambia | 19.05 | 98 | 1978 - 2024 |
| Bahamas | 18.94 | 99 | 1977 - 2024 |
| Tonga | 18.65 | 100 | 1981 - 2024 |
| New Zealand | 18.55 | 101 | 2000 - 2024 |
| G.-Bissau | 18.33 | 102 | 1982 - 2024 |
| Bhutan | 17.61 | 103 | 2006 - 2024 |
| Honduras | 17.54 | 104 | 1974 - 2025 |
| Niger | 17.38 | 105 | 1974 - 2024 |
| El Salvador | 17.26 | 106 | 1976 - 2025 |
| Slovakia | 17.16 | 107 | 1993 - 2025 |
| USA | 17.14 | 108 | 1970 - 2024 |
| Kiribati | 16.84 | 109 | 2006 - 2024 |
| Ivory Coast | 16.51 | 110 | 2005 - 2024 |
| Argentina | 16.23 | 111 | 1976 - 2025 |
| Angola | 16.11 | 112 | 2002 - 2024 |
| Kenya | 15.96 | 113 | 1975 - 2024 |
| Luxembourg | 15.79 | 114 | 1999 - 2025 |
| Madagascar | 15.51 | 115 | 1974 - 2024 |
| Brazil | 15.04 | 116 | 1975 - 2025 |
| Cameroon | 14.94 | 117 | 1977 - 2024 |
| Mali | 14.92 | 118 | 1975 - 2024 |
| UK | 14.89 | 119 | 1970 - 2025 |
| Egypt | 14.79 | 120 | 1977 - 2025 |
| Djibouti | 14.77 | 121 | 2013 - 2024 |
| Uruguay | 14.73 | 122 | 1978 - 2025 |
| South Africa | 14.72 | 123 | 1960 - 2025 |
| Palestine | 14.63 | 124 | 1995 - 2025 |
| S.T.&Principe | 14.29 | 125 | 2008 - 2024 |
| Montenegro | 14.25 | 126 | 2007 - 2025 |
| Bolivia | 14.04 | 127 | 1976 - 2024 |
| Aruba | 13.88 | 128 | 1995 - 2023 |
| Burkina Faso | 13.73 | 129 | 2005 - 2024 |
| Colombia | 13.21 | 130 | 1968 - 2025 |
| Costa Rica | 13.21 | 131 | 1977 - 2025 |
| Fiji | 13.19 | 132 | 1980 - 2024 |
| Pakistan | 13.08 | 133 | 1976 - 2025 |
| Haiti | 13.05 | 134 | 1988 - 2024 |
| Ukraine | 12.79 | 135 | 1994 - 2024 |
| Maldives | 12.22 | 136 | 2014 - 2024 |
| Zimbabwe | 12.07 | 137 | 1977 - 2024 |
| Comoros | 12.05 | 138 | 1980 - 2023 |
| Cyprus | 11.74 | 139 | 1976 - 2025 |
| Sierra Leone | 11.57 | 140 | 1977 - 2024 |
| Namibia | 11.55 | 141 | 1990 - 2024 |
| Kyrgyzstan | 9.69 | 142 | 1993 - 2024 |
| Guinea | 9.29 | 143 | 1986 - 2024 |
| Ghana | 9.23 | 144 | 1975 - 2024 |
| Greece | 9.12 | 145 | 1976 - 2024 |
| Moldova | 8.78 | 146 | 1995 - 2025 |
| Seychelles | 7.08 | 147 | 1976 - 2024 |
| Solomon Isl. | 5.71 | 148 | 1980 - 2024 |
| Tunisia | 4.88 | 149 | 1976 - 2024 |
| Mozambique | 2.67 | 150 | 2005 - 2024 |
| Malawi | -1.03 | 151 | 2017 - 2024 |
| Lebanon | -12.55 | 152 | 2002 - 2023 |
| Palau | -12.99 | 153 | 2005 - 2023 |
Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.
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48.83
45.87
44.58
43.42
42.57
41.06
40.77
38.84
38.58
37.88
37.16
36.22
36.15
35.86
35.34
35.11
35.00
34.96
34.88
34.65
34.46
34.38
34.29
34.11
33.83
33.46
33.36
33.27
32.06
31.89
31.75
31.66
31.38
31.18
30.84
30.29
30.27
29.96
29.85
29.83
29.57
29.50
29.46
28.95
28.81
28.02
27.71
27.63
27.38
27.34
26.91
26.48
26.24
26.16
26.09
26.04
25.86
25.62
25.44
25.43
24.57
24.27
24.20
24.14
23.86
23.85
23.85
23.78
23.74
23.30
23.07
22.94
22.56
22.49
22.16
22.11
21.92
21.74
21.08
20.87
20.81
20.80
20.73
20.66
20.62
20.59
20.54
20.51
20.24
20.19
20.15
20.10
19.93
19.57
19.43
19.37
19.07
19.05
18.94
18.65
18.55
18.33
17.61
17.54
17.38
17.26
17.16
17.14
16.84
16.51
16.23
16.11
15.96
15.79
15.51
15.04
14.94
14.92
14.89
14.79
14.77
14.73
14.72
14.63
14.29
14.25
14.04
13.88
13.73
13.21
13.21
13.19
13.08
13.05
12.79
12.22
12.07
12.05
11.74
11.57
11.55
9.69
9.29
9.23
9.12
8.78
7.08
5.71
4.88
2.67
-1.03
-12.55
-12.99
-12.99
2.5
17.9
33.4
48.83
Savings, percent of GDP in Europe Savings, percent of GDP in Asia Savings, percent of GDP in Africa Savings, percent of GDP in North America Savings, percent of GDP in South America Savings, percent of GDP in Australia/Oceania Savings, percent of GDP in the European union Savings, percent of GDP in Sub Sahara Africa Savings, percent of GDP in MENA Savings, percent of GDP in South East Asia Savings, percent of GDP in Latin America