China vs European Union: Gross domestic savings
Gross domestic savings over time
- China
- European Union
How they compare
China currently reports 8.11 trillion current US$ against 5.48 trillion current US$ in European Union, a difference of 2.63 trillion current US$.
That makes China's figure about 1.5 times European Union's.
The two have swapped places 1 time across 55 shared years of data; in 1970 it was European Union ahead.
China ranks 1st and European Union ranks 16th of 188 countries.
Across the 6 decades both report, China averaged higher in 2 and European Union in 4.
Head to head by decade
| Decade | China | European Union | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 51.73 billion current US$ | 405.75 billion current US$ | 354.02 billion current US$ | European Union |
| 1980s | 92.38 billion current US$ | 808.83 billion current US$ | 716.44 billion current US$ | European Union |
| 1990s | 272.60 billion current US$ | 1.77 trillion current US$ | 1.50 trillion current US$ | European Union |
| 2000s | 1.21 trillion current US$ | 2.77 trillion current US$ | 1.56 trillion current US$ | European Union |
| 2010s | 4.92 trillion current US$ | 3.67 trillion current US$ | 1.26 trillion current US$ | China |
| 2020s | 7.85 trillion current US$ | 4.61 trillion current US$ | 3.23 trillion current US$ | China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic savings, China or European Union?
- China, at 8.11 trillion current US$ against 5.48 trillion current US$ in European Union as of 2024.
- What is the difference in gross domestic savings between China and European Union?
- 2.63 trillion current US$, with China ahead.
- How many years of comparable data are there for China and European Union?
- 55 years are reported by both, from 1970 to 2024.
- How do China and European Union rank globally for gross domestic savings?
- China ranks 1st and European Union ranks 16th of 188 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross domestic savings (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.