South Korea vs Lower middle income: Gross domestic savings (% of GDP)
Gross domestic savings (% of GDP) over time
- South Korea
- Lower middle income
How they compare
South Korea currently reports 34.3% against 19.1% in Lower middle income, a difference of 15.2%.
That makes South Korea's figure about 1.8 times Lower middle income's.
The two have swapped places 3 times across 66 shared years of data; in 1960 it was Lower middle income ahead.
South Korea ranks 28th and Lower middle income ranks 28th of 188 countries.
South Korea has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | South Korea | Lower middle income | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 9.0% | 5.5% | 3.5% | South Korea |
| 1970s | 22.8% | 12.6% | 10.2% | South Korea |
| 1980s | 33.5% | 17.0% | 16.5% | South Korea |
| 1990s | 38.0% | 18.9% | 19.1% | South Korea |
| 2000s | 34.0% | 21.8% | 12.2% | South Korea |
| 2010s | 35.0% | 24.2% | 10.8% | South Korea |
| 2020s | 34.2% | 21.1% | 13.1% | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic savings, South Korea or Lower middle income?
- South Korea, at 34.3% against 19.1% in Lower middle income as of 2025.
- What is the difference in gross domestic savings between South Korea and Lower middle income?
- 15.2%, with South Korea ahead.
- How many years of comparable data are there for South Korea and Lower middle income?
- 66 years are reported by both, from 1960 to 2025.
- How do South Korea and Lower middle income rank globally for gross domestic savings?
- South Korea ranks 28th and Lower middle income ranks 28th of 188 countries.
- 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.
Individual pages
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.