China vs India: Gross savings
Gross savings over time
- China
- India
How they compare
China currently reports 8.00 trillion current US$ against 1.37 trillion current US$ in India, a difference of 6.63 trillion current US$.
That makes China's figure about 5.8 times India's.
Across all 43 years both countries report, China has been ahead every year.
China ranks 1st and India ranks 3rd of 177 countries.
China has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | China | India | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 99.59 billion current US$ | 42.25 billion current US$ | 57.34 billion current US$ | China |
| 1990s | 268.14 billion current US$ | 89.08 billion current US$ | 179.06 billion current US$ | China |
| 2000s | 1.23 trillion current US$ | 280.33 billion current US$ | 948.56 billion current US$ | China |
| 2010s | 4.89 trillion current US$ | 715.53 billion current US$ | 4.17 trillion current US$ | China |
| 2020s | 7.73 trillion current US$ | 1.06 trillion current US$ | 6.67 trillion current US$ | China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, China or India?
- China, at 8.00 trillion current US$ against 1.37 trillion current US$ in India as of 2024.
- What is the difference in gross savings between China and India?
- 6.63 trillion current US$, with China ahead.
- How many years of comparable data are there for China and India?
- 43 years are reported by both, from 1982 to 2024.
- How do China and India rank globally for gross savings?
- China ranks 1st and India ranks 3rd of 177 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross savings (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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.