Savings, percent of GDP - Country rankings

* indicates monthly or quarterly data series

Savings as percent of GDP, 2023:

The average for 2023 based on 96 countries was 23.44 percent. The highest value was in Cambodia: 57.1 percent and the lowest value was in the Seychelles: 3.16 percent. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.

Measure: percent; Source: The World Bank
Select indicator
* indicates monthly or quarterly data series


Countries Savings, percent of GDP, 2023 Global rank Available data
Cambodia 57.1 1 1993 - 2023
Brunei 45.96 2 2001 - 2023
Norway 43.24 3 1975 - 2023
Algeria 41.23 4 1977 - 2023
Singapore 40.87 5 1972 - 2023
Ireland 37 6 2005 - 2023
Nepal 36.38 7 1976 - 2023
Indonesia 35.95 8 1981 - 2023
Bangladesh 34.9 9 1976 - 2023
Uzbekistan 34.87 10 2005 - 2023
Botswana 34.48 11 1975 - 2023
Denmark 33.92 12 1975 - 2023
South Korea 33.77 13 1976 - 2023
Sweden 33.52 14 1970 - 2023
Saudi Arabia 32.47 15 1971 - 2023
Switzerland 32.25 16 1977 - 2023
Mongolia 31.38 17 1981 - 2023
Israel 31.22 18 1970 - 2023
India 30.56 19 1975 - 2023
Nicaragua 30.22 20 1994 - 2023
Angola 30.18 21 2002 - 2023
Germany 30.17 22 1971 - 2023
Netherlands 30.11 23 1969 - 2023
Russia 29.93 24 1994 - 2023
Azerbaijan 29.82 25 1995 - 2023
Czechia 28.93 26 1993 - 2023
Belize 27.61 27 1984 - 2023
Morocco 27.54 28 1975 - 2023
Domin. Rep. 27.49 29 1968 - 2023
Philippines 27.32 30 1981 - 2023
Sri Lanka 27.23 31 1975 - 2023
Austria 27.05 32 2005 - 2023
Hungary 26.31 33 1991 - 2023
Turkey 26.02 34 1974 - 2023
Iceland 25.35 35 1976 - 2023
Thailand 25.26 36 1975 - 2023
Belgium 25.21 37 2002 - 2023
Belarus 25.12 38 1993 - 2023
Slovenia 25.01 39 1992 - 2023
Hong Kong 24.93 40 1998 - 2023
Australia 24.81 41 1989 - 2023
North Macedonia 24.55 42 1996 - 2023
Croatia 24.01 43 1995 - 2023
Malaysia 23.85 44 1974 - 2023
Ecuador 23.5 45 1976 - 2023
Estonia 23.29 46 1993 - 2023
Samoa 23.05 47 2009 - 2023
France 23.01 48 1975 - 2023
Spain 22.86 49 1975 - 2023
Georgia 22.65 50 1997 - 2023
Canada 21.84 51 1961 - 2023
Finland 21.39 52 1975 - 2023
Italy 21.28 53 1970 - 2023
Lithuania 20.82 54 1995 - 2023
Cape Verde 20.8 55 2007 - 2023
Portugal 20.52 56 1975 - 2023
Bulgaria 20.12 57 1980 - 2023
Paraguay 20.1 58 1975 - 2023
Mexico 19.68 59 1979 - 2023
Poland 19.61 60 1995 - 2023
Peru 19.49 61 1977 - 2023
Serbia 19.43 62 2007 - 2023
Chile 19.34 63 1975 - 2023
Guatemala 19.26 64 1977 - 2023
Armenia 19.18 65 1993 - 2023
Ethiopia 19.18 66 2011 - 2023
Honduras 18.98 67 1974 - 2023
Latvia 18.78 68 1995 - 2023
Romania 18.68 69 1990 - 2023
Bosnia & Herz. 18.15 70 2000 - 2023
El Salvador 18.06 71 1976 - 2023
Albania 17.76 72 1984 - 2023
Slovakia 17.58 73 1993 - 2023
Luxembourg 17 74 1999 - 2023
Mauritius 16.68 75 1976 - 2023
Montenegro 15.71 76 2007 - 2023
Brazil 15.59 77 1975 - 2023
UK 15.39 78 1970 - 2023
Argentina 15.12 79 1976 - 2023
Ghana 14.07 80 1975 - 2023
Uruguay 13.76 81 1978 - 2023
South Africa 13.63 82 1960 - 2023
Bolivia 13.48 83 1976 - 2023
Pakistan 12.95 84 1976 - 2023
Costa Rica 12.63 85 1977 - 2023
Rwanda 12.53 86 2010 - 2023
Greece 11.75 87 1976 - 2023
Egypt 11.18 88 1977 - 2023
Namibia 11.16 89 1990 - 2023
Burundi 11.01 90 1985 - 2023
Colombia 10.8 91 1968 - 2023
Ukraine 10.33 92 1994 - 2023
Palestine 10.07 93 1995 - 2023
Cyprus 9.74 94 1976 - 2023
Moldova 8.94 95 1995 - 2023
Seychelles 3.16 96 1976 - 2023



Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.

Selected articles from our guide:

The unholy trinity of international finance

Most commonly used measures of corruption

All articles

1. Cambodia
2. Brunei
3. Norway
4. Algeria
5. Singapore
6. Ireland
7. Nepal
8. Indonesia
9. Bangladesh
10. Uzbekistan
11. Botswana
12. Denmark
13. South Korea
14. Sweden
15. Saudi Arabia
16. Switzerland
17. Mongolia
18. Israel
19. India
20. Nicaragua
21. Angola
22. Germany
23. Netherlands
24. Russia
25. Azerbaijan
26. Czechia
27. Belize
28. Morocco
29. Domin. Rep.
30. Philippines
31. Sri Lanka
32. Austria
33. Hungary
34. Turkey
35. Iceland
36. Thailand
37. Belgium
38. Belarus
39. Slovenia
40. Hong Kong
41. Australia
42. North Macedonia
43. Croatia
44. Malaysia
45. Ecuador
46. Estonia
47. Samoa
48. France
49. Spain
50. Georgia
51. Canada
52. Finland
53. Italy
54. Lithuania
55. Cape Verde
56. Portugal
57. Bulgaria
58. Paraguay
59. Mexico
60. Poland
61. Peru
62. Serbia
63. Chile
64. Guatemala
65. Armenia
66. Ethiopia
67. Honduras
68. Latvia
69. Romania
70. Bosnia & Herz.
71. El Salvador
72. Albania
73. Slovakia
74. Luxembourg
75. Mauritius
76. Montenegro
77. Brazil
78. UK
79. Argentina
80. Ghana
81. Uruguay
82. South Africa
83. Bolivia
84. Pakistan
85. Costa Rica
86. Rwanda
87. Greece
88. Egypt
89. Namibia
90. Burundi
91. Colombia
92. Ukraine
93. Palestine
94. Cyprus
95. Moldova
96. Seychelles
57.10
45.96
43.24
41.23
40.87
37.00
36.38
35.95
34.90
34.87
34.48
33.92
33.77
33.52
32.47
32.25
31.38
31.22
30.56
30.22
30.18
30.17
30.11
29.93
29.82
28.93
27.61
27.54
27.49
27.32
27.23
27.05
26.31
26.02
25.35
25.26
25.21
25.12
25.01
24.93
24.81
24.55
24.01
23.85
23.50
23.29
23.05
23.01
22.86
22.65
21.84
21.39
21.28
20.82
20.80
20.52
20.12
20.10
19.68
19.61
19.49
19.43
19.34
19.26
19.18
19.18
18.98
18.78
18.68
18.15
18.06
17.76
17.58
17.00
16.68
15.71
15.59
15.39
15.12
14.07
13.76
13.63
13.48
12.95
12.63
12.53
11.75
11.18
11.16
11.01
10.80
10.33
10.07
9.74
8.94
3.16
0
14.3
28.6
42.8
57.1


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