Ireland vs OECD members: Gross savings
Gross savings over time
- Ireland
- OECD members
How they compare
Ireland currently reports 34.9% against 22.3% in OECD members, a difference of 12.6%.
That makes Ireland's figure about 1.6 times OECD members's.
The two have swapped places 2 times across 20 shared years of data; in 2005 it was Ireland ahead.
Ireland ranks 25th and OECD members ranks 28th of 178 countries.
Ireland has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Ireland | OECD members | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 22.5% | 21.5% | 1.0% | Ireland |
| 2010s | 26.6% | 21.9% | 4.7% | Ireland |
| 2020s | 34.1% | 22.7% | 11.4% | Ireland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Ireland or OECD members?
- Ireland, at 34.9% against 22.3% in OECD members as of 2024.
- What is the difference in gross savings between Ireland and OECD members?
- 12.6%, with Ireland ahead.
- How many years of comparable data are there for Ireland and OECD members?
- 20 years are reported by both, from 2005 to 2024.
- How do Ireland and OECD members rank globally for gross savings?
- Ireland ranks 25th and OECD members ranks 28th of 178 countries.
- 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.