High income vs Korea: Gross savings
Gross savings over time
- High income
- Korea
How they compare
Korea currently reports 35.6% against 23.2% in High income, a difference of 12.4%.
That makes Korea's figure about 1.5 times High income's.
Across all 49 years both countries report, Korea has been ahead every year.
High income ranks 25th 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 | High income | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 24.2% | 29.3% | 5.1% | Korea |
| 1980s | 22.4% | 33.1% | 10.7% | Korea |
| 1990s | 21.9% | 37.8% | 15.9% | Korea |
| 2000s | 22.8% | 33.3% | 10.5% | Korea |
| 2010s | 22.8% | 35.1% | 12.3% | Korea |
| 2020s | 23.5% | 35.0% | 11.5% | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, High income or Korea?
- Korea, at 35.6% against 23.2% in High income as of 2025.
- What is the difference in gross savings between High income and Korea?
- 12.4%, with Korea ahead.
- How many years of comparable data are there for High income and Korea?
- 49 years are reported by both, from 1976 to 2024.
- How do High income and Korea rank globally for gross savings?
- High income ranks 25th 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.
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 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.