Republic of Korea vs Least developed countries: Gross savings
Gross savings over time
- Republic of Korea
- Least developed countries
How they compare
Republic of Korea currently reports 35.6% against 25.3% in Least developed countries, a difference of 10.3%.
That makes Republic of Korea's figure about 1.4 times Least developed countries's.
Across all 20 years both countries report, Republic of Korea has been ahead every year.
Republic of Korea ranks 22nd and Least developed countries ranks 19th of 178 countries.
Republic of Korea has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Republic of Korea | Least developed countries | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 33.3% | 28.1% | 5.2% | Republic of Korea |
| 2010s | 35.1% | 26.4% | 8.7% | Republic of Korea |
| 2020s | 35.0% | 25.3% | 9.7% | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Republic of Korea or Least developed countries?
- Republic of Korea, at 35.6% against 25.3% in Least developed countries as of 2025.
- What is the difference in gross savings between Republic of Korea and Least developed countries?
- 10.3%, with Republic of Korea ahead.
- How many years of comparable data are there for Republic of Korea and Least developed countries?
- 20 years are reported by both, from 2005 to 2024.
- How do Republic of Korea and Least developed countries rank globally for gross savings?
- Republic of Korea ranks 22nd and Least developed countries ranks 19th 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.