China vs United States of America: Gross savings
Gross savings over time
- China
- United States of America
How they compare
China currently reports 8.00 trillion current US$ against 4.86 trillion current US$ in United States of America, a difference of 3.14 trillion current US$.
That makes China's figure about 1.6 times United States of America's.
The two have swapped places 1 time across 43 shared years of data; in 1982 it was United States of America ahead.
China ranks 1st and United States of America ranks 2nd of 177 countries.
Across the 5 decades both report, China averaged higher in 2 and United States of America in 3.
Head to head by decade
| Decade | China | United States of America | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 99.59 billion current US$ | 904.01 billion current US$ | 804.41 billion current US$ | United States of America |
| 1990s | 268.14 billion current US$ | 1.47 trillion current US$ | 1.20 trillion current US$ | United States of America |
| 2000s | 1.23 trillion current US$ | 2.22 trillion current US$ | 987.05 billion current US$ | United States of America |
| 2010s | 4.89 trillion current US$ | 3.34 trillion current US$ | 1.54 trillion current US$ | China |
| 2020s | 7.73 trillion current US$ | 4.51 trillion current US$ | 3.22 trillion current US$ | China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, China or United States of America?
- China, at 8.00 trillion current US$ against 4.86 trillion current US$ in United States of America as of 2024.
- What is the difference in gross savings between China and United States of America?
- 3.14 trillion current US$, with China ahead.
- How many years of comparable data are there for China and United States of America?
- 43 years are reported by both, from 1982 to 2024.
- How do China and United States of America rank globally for gross savings?
- China ranks 1st and United States of America ranks 2nd of 177 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross savings (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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.