Europe & Central Asia vs Korea: Gross savings
Gross savings over time
- Europe & Central Asia
- Korea
How they compare
Korea currently reports 35.6% against 24.2% in Europe & Central Asia, a difference of 11.4%.
That makes Korea's figure about 1.5 times Europe & Central Asia's.
Across all 47 years both countries report, Korea has been ahead every year.
Europe & Central Asia ranks 21st and Korea ranks 22nd of 42 groups.
Korea has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Europe & Central Asia | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 24.4% | 29.3% | 4.9% | Korea |
| 1980s | 22.7% | 33.1% | 10.4% | Korea |
| 1990s | 22.6% | 37.3% | 14.7% | Korea |
| 2000s | 23.3% | 33.3% | 10.0% | Korea |
| 2010s | 23.2% | 35.1% | 11.9% | Korea |
| 2020s | 24.9% | 35.1% | 10.2% | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Europe & Central Asia or Korea?
- Korea, at 35.6% against 24.2% in Europe & Central Asia as of 2025.
- What is the difference in gross savings between Europe & Central Asia and Korea?
- 11.4%, with Korea ahead.
- How many years of comparable data are there for Europe & Central Asia and Korea?
- 47 years are reported by both, from 1976 to 2025.
- How do Europe & Central Asia and Korea rank globally for gross savings?
- Europe & Central Asia ranks 21st and Korea ranks 22nd of 42 groups.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross 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
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 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.