IDA total vs Republic of Korea: Gross savings

IDA total
23.4%
in 2024
Republic of Korea
35.0%
in 2025
IDA total rank
25th
Republic of Korea rank
26th

Gross savings over time

  • IDA total
  • Republic of Korea
010203040197620002025

How they compare

Republic of Korea currently reports 35.0% against 23.4% in IDA total, a difference of 11.6%.

That makes Republic of Korea's figure about 1.5 times IDA total's.

Across all 33 years both countries report, Republic of Korea has been ahead every year.

IDA total ranks 25th and Republic of Korea ranks 26th of 46 groups.

Republic of Korea has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade IDA total Republic of Korea Difference Ahead
1980s 15.8% 39.7% 23.8% Republic of Korea
1990s 17.9% 37.9% 20.1% Republic of Korea
2000s 20.2% 33.5% 13.3% Republic of Korea
2010s 22.7% 35.5% 12.8% Republic of Korea
2020s 23.5% 34.6% 11.1% Republic of Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross savings, IDA total or Republic of Korea?
Republic of Korea, at 35.0% against 23.4% in IDA total as of 2025.
What is the difference in gross savings between IDA total and Republic of Korea?
11.6%, with Republic of Korea ahead.
How many years of comparable data are there for IDA total and Republic of Korea?
33 years are reported by both, from 1986 to 2024.
How do IDA total and Republic of Korea rank globally for gross savings?
IDA total ranks 25th and Republic of Korea ranks 26th of 46 groups.
Where does this data come from?
Country official statistics, National Statistical Offices (NSOs), published as Gross savings (% of GNI). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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IDA total vs Republic of Korea: Gross savings. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 09 September 2026, from https://economy.statizoid.com/compare/gross-savings-percent-of-gni/ida-total/korea-rep/

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About this data

Indicator
Gross savings (% of GNI)
Unit
% of GNI
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
224 places, 8,327 data points, 1960–2025
Last refreshed

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 National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.