Heavily indebted poor countries (HIPC) vs South Korea: Gross domestic savings (% of GDP)
Gross domestic savings (% of GDP) over time
- Heavily indebted poor countries (HIPC)
- South Korea
How they compare
South Korea currently reports 34.3% against 21.5% in Heavily indebted poor countries (HIPC), a difference of 12.8%.
That makes South Korea's figure about 1.6 times Heavily indebted poor countries (HIPC)'s.
Across all 40 years both countries report, South Korea has been ahead every year.
Heavily indebted poor countries (HIPC) ranks 27th and South Korea ranks 28th of 43 groups.
South Korea has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Heavily indebted poor countries (HIPC) | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 15.7% | 39.4% | 23.7% | South Korea |
| 1990s | 12.7% | 38.0% | 25.3% | South Korea |
| 2000s | 14.9% | 34.0% | 19.1% | South Korea |
| 2010s | 18.4% | 35.0% | 16.5% | South Korea |
| 2020s | 19.1% | 34.2% | 15.1% | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic savings, Heavily indebted poor countries (HIPC) or South Korea?
- South Korea, at 34.3% against 21.5% in Heavily indebted poor countries (HIPC) as of 2025.
- What is the difference in gross domestic savings between Heavily indebted poor countries (HIPC) and South Korea?
- 12.8%, with South Korea ahead.
- How many years of comparable data are there for Heavily indebted poor countries (HIPC) and South Korea?
- 40 years are reported by both, from 1986 to 2025.
- How do Heavily indebted poor countries (HIPC) and South Korea rank globally for gross domestic savings?
- Heavily indebted poor countries (HIPC) ranks 27th and South Korea ranks 28th of 43 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross domestic savings (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.