South Korea vs Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD): Gross savings
Gross savings over time
- South Korea
- Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)
How they compare
South Korea currently reports 35.6% against 23.2% in Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD), a difference of 12.4%.
That makes South Korea's figure about 1.5 times Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)'s.
Across all 35 years both countries report, South Korea has been ahead every year.
South Korea ranks 22nd and Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) ranks 24th of 178 countries.
South Korea has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | South Korea | Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 30.5% | 24.8% | 5.7% | South Korea |
| 1980s | 32.4% | 22.6% | 9.7% | South Korea |
| 1990s | 37.8% | 26.3% | 11.5% | South Korea |
| 2000s | 33.4% | 29.8% | 3.7% | South Korea |
| 2010s | 35.1% | 23.4% | 11.8% | South Korea |
| 2020s | 35.0% | 22.7% | 12.3% | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, South Korea or Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)?
- South Korea, at 35.6% against 23.2% in Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) as of 2025.
- What is the difference in gross savings between South Korea and Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)?
- 12.4%, with South Korea ahead.
- How many years of comparable data are there for South Korea and Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)?
- 35 years are reported by both, from 1977 to 2023.
- How do South Korea and Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) rank globally for gross savings?
- South Korea ranks 22nd and Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) ranks 24th 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.